VishalTR

BCHUSD -- Bulish New Rally to 4.5K and above

BITSTAMP:BCHUSD   Bitcoin Cash / Dollar
Happy New Year !
Tested all the previous lows from past 3 weeks and with good consolidation and oversold condition. Time to move up.


Previous Analysis
Kommentar: https://twitter.com/GenesisMining/status/947876306682867712

https://news.bitcoin.com/bitcoin-cash-used-to-pay-for-music-records-gift-cards-plastic-surgery/

Cloud-based cryptocurrency mining company Genesis Mining yesterday announced offering Bitcoin Cash as an automatically traded option
Kommentar: Not sure about this news

Leak Hints Bitcoin Cash to be Added to Purse, Amazon Intermediary

http://www.trustnodes.com/2018/01/02/leak-hints-bitcoin-cash-added-purse-amazon-intermediary
Kommentar: The new rules of the central bank or will promote the popularity of bitcoin cash BCH

http://www.donews.com/news/detail/4/2981996.html
Kommentar: SBI BITS and nChain Announce Strategic Partnership to Support Cryptocurrency Security and Bitcoin Cash

http://www.sbibits.com/download/Press_Release_SBI%20Group_nChain_strategic_partnership_EN.pdf
Kommentar: Patience is key.
Kommentar: The codes for the new address format called cashaddr have just been released for which Sechet targets a January 14 deployment. Apart from the new address, a leap from the current 8Mb block size to 32Mb is scheduled on May 15 this year, and another upgrade coming six months after, falling on November 15.
Kommentar: New Chart - LTCUSD

Kommentar: perfect bounce ... Patience is key.
Kommentar: good moving crossed intermediate resistance $2600 on gdax
Kommentar: Trade Active
Kommentar: 3rd time resistance at 2650 to 2700 area ... so with all the news ..i am positive that it will pump like never before ... wish all your trade reach ATH... this one too :)
Kommentar: We are on trend line 3 ...Trade Active
Kommentar: Trade Active .... on Trend line 3... long run might cross all the Tp2 by month end ...will prepare new chart that time ...
Kommentar: Patience is key. ... still suggest to hold on wait for market to absorb all the news bouncing around ... expecting it to settle at support 2 and if you are following money management you can add more man ...
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