Through multiple attempts to breakout of its long consolidation inside of the ascending triangle, BCH has finally broken out of the resistance line with apparent volume. If you are looking to enter BCH, a strategic entry would be when BTC begins to fall or descend from a peak.
Target: 2100 Time Frame: 5 Days
Trade geschlossen: Ziel wurde erreicht
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Reached the target exactly where I placed the green flag. Well done everyone. Look to buy the dips for another wave.
@BBENTAYGA, Thank you for your question. This will be contingent upon how soon Bitcoin Cash will ascend towards $2100; however, after hitting $2100 target, a retracement towards the blue support line ($1900-2000) will be highly probable.