BTC - BCH 1D A3

We have enough information to mark a target in BTC 8500 at the beginning of August. It is too aggressive to believe that we could achieve the strong resistance of 10,000 in a single movement. So 8500 seems to be the most appropriate.

Being consistent with the analysis, 1200 for BCH on the time target.

Let's see how it develops.

Best wishes!!

Kommentar:

BTC clearly lost the angle and that's never a good thing. However, if we check the levels of the previous move in the "Soon ... BTC / BCH 1D" publication we can see that he is just sitting in the R & S, that is a good sign. (if it resists).
We are on the time target and it is difficult to comply with what was planned, on the other hand, being on a support forces me to wait. I have a good map so have to be vigilant and patient

best wishes.

Kommentar:

A small comment of the possible scenario that we have in front. The analysis, the levels and the idea is basically the same, but with a little explanation of what I have planned for the next twelve days.

Best wishes.