There is possible C&H forming as BTC started its free fall and trust me you dont want to catch the falling knife this time. ( Support 6-4,5K) BCH can go (1500-3500 USD) based on how much will BTC fall
Check out my related trading ideas for further explain I do also recommend BTC vs BCH matrix fight ;)
As I´m trading and analysing at the same time + I´m sharing the opportunities with you and doing some fast explanation do not expect instant reply on your questions but feel free to discuss and ask :)
Wish you happy trading
Related ideas might give you a better view on how I was right most of the time on BCH key mooves and I made over 300% profit within few days !!
Hope you will find these usefull :)
I´m not a professional trader. Trade on your own risk ! PLAY IT SAFE and always RISK ONLY WHAT YOU CAN AFFORT TO LOOSE
Wish you sucesfull trading. Cheers
I do not expect anybody would tip me but proove me I´m wrong please :D
In case youre kind enought to do it just ask me for adress. ( I do accept LTC / BTC / BCH / DASH even portion of DOGE :D )
These are based on BTC price ! If BTC go under 5500 ( e.g. 5000-4500 ) There is possibility of BCH forming very huge CUP ! with possible Target 3-3,5K !!!
I do expect some consolidation at this point ;)
If handle will play out now we can aim straight to 1400 instead of 1300 :)
Hope you enjoyed the profit. BTW BTC holds 7600 tight but I think not for long. Sell pressure is really high and will loose it probably sooner or later. My last tip for you is to watch closely the upward trend confirmation andif it confirms jump on the wagon and enjoy wild ride. Targets at previous posts ;) Good luck and good night traders ! And keep in mind ... TRADE SAFE !!
still is an awesome ride and flipping from King to Cash is going to prove to be extremely profitable, not to mention fun!
checked RSI and MACD, looking a little overbought, could get another dip if not past 1350/71 in next 30 mins or so