Bitcoin Cash Trade Idea and Potential Opportunity
Price seems to have completed a wave cycle and very low RSI. Guys keep an eyes on BCH i will keep updating the thread as price unfold.
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Price breaking out away from this box. Keep an eyes on BCH
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Excellent !!!!!!
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First target chased
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Quick update
Price broke through the resistance level at 0.08775, and stuck at the upper trendline of the BULLISH Channel.
2 outcomes are possible here:
1. A potential re-test on the 0.08773 level and re-bounce to continue uptrending.
OR
2. For price to force its way back down below the 0.08773 and go all way down to 0.08434/0.08375 area.
if you are holding this coin just plan on it accordingly.
Happy trading
Price broke through the resistance level at 0.08775, and stuck at the upper trendline of the BULLISH Channel.
2 outcomes are possible here:
1. A potential re-test on the 0.08773 level and re-bounce to continue uptrending.
OR
2. For price to force its way back down below the 0.08773 and go all way down to 0.08434/0.08375 area.
if you are holding this coin just plan on it accordingly.
Happy trading
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Nice breakout
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