RSI + MACD + E.W COUNT + EMA55 + UPWARD CHANNEL MOVEMENT all indicate continuing growth of Bitcoin Cash. There is a clear crucial intersection happening at $1183.00 which we'll mark as TARGET #1.
If TARGET #1 is exceeded and our current channel (magenta) is broken, our next target should be $1295.00
TARGET #2 @ $1295 will either be met in the next 2 days if our current channel is broken as mentioned before, or within March 17th, when channel resistance + EW 5th peak + 7-DAY resistance is met.
It is in my opinion that TARGET #2 will be met in the next week regardless of the road it takes.
Look at trend in RSI and MACD - Couldn't be any clearer.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
If TARGET #1 is exceeded and our current channel (magenta) is broken, our next target should be $1295.00
TARGET #2 @ $1295 will either be met in the next 2 days if our current channel is broken as mentioned before, or within March 17th, when channel resistance + EW 5th peak + 7-DAY resistance is met.
It is in my opinion that TARGET #2 will be met in the next week regardless of the road it takes.
Look at trend in RSI and MACD - Couldn't be any clearer.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***