And so, in the framework of these sales, its price formed a local minimum and drew a reversal up.
It seems that the growth potential may well be up to $ 900.
If the inflow of funds in this coin will be high, then a breakthrough is possible up to $ 1135.
At the same time, the technical picture of this growth looks weaker than the possible growth of BCH’s “crypto-brothers”. Therefore, in our opinion, BiCash is not very suitable for purchasing.
If you still buy, then a good stop can only be placed under 600.
With the nearest goal at $ 900, the deal looks too risky.
Given the downward long-term trend, a more promising idea seems to be shorts from the area of 900-1135. The goals and the stop of such a position will become clear by the time of entry.
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