BITFINEX:BCHUSD   Bitcoin Cash / Dollar
1253 4

Although in the past I have had one good prediction about BCH and hitting target, my last prediction was completely taken out of whack. The FUD created in the crypto market was definitely something that took more than one unprepared.

Let's now look at BCH and what leads me to think it is close for a reversal.

As we hit FIB retracement we can see that there was some support created back in Dec 2017 and since all support and resistances are a psychological line, most times it holds true before big rallies like we saw in BCH.

Failing to sustain that support, we could head to $1000 - $900 range. Then we expect a reversal and some positive prices.

We have some resistances we have to break but they were mostly created on the way down and I don't see much difficulty succeeding on those resistances.

Sell price at
$2800 and I hope to sell mine

Wait for entry as right now it is not a good time. $900-$1000 best entry.
Other entries $1000-$1300
Kommentar: I hope you guys grabbed some bch. Sell target $2800

Kommentar: BCH second low wave. When mom upset, everyone does as mom says. Lol
Kommentar: BCH and an entry point. I would probably wait for BTC lead
Kommentar: Entered BCH at $600 :)
Kommentar: $700**
Kommentar: Hold this puppy.
Kommentar: BCH still in the buying channel just saying :)
when was it 600$?
@BuyGanyo, fat fingers. $700s price range.
@BuyGanyo, ETH was on the $500s
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