BCHUSD Bitcoin Cash. Potential Breakout.

BITFINEX:BCHUSD   Bitcoin Cash / Dollar
599 9
As I see from the graph, BCH shows signs of breakout and it may do it if daily candle closes above 1320 price. The only fact that it rise x2 every times bitcoin is unstable, gives opportunity to buy it .

I'll update trade as It closes above 1320.
Kommentar: So uptrend confirmed, I see many news regarding BCH couple of last days, so I'll add this trade for longer term 1-2 months.
Trade ist aktiv
time to enter?
bejaneps ohmprakash_r
@ohmprakash_r, after daily candle closes above 1300, you can enter, but still it's not valid trade.
A true pump coin and nothing else. You can triple and lose them all in a mere of hours. (it took only 15 minutes to lose 40 percent of its value in november)
bejaneps serhan
@serhan, I respect your opinion, but it's only yours.
+1 Antworten
Good. Completely exceeded EMA 50 4H and breaks correlation with BTC. Tks
Its rise today had everything to do with Square announcing that it would now accept payments with BCH, buy the news bro
JCmanner JCmanner
usually sell the news but in this depressed market any good news is a buying opportunity
bejaneps JCmanner
@JCmanner, actually BCH shows good rise every time BTC is flet or not stable and according to cycle theory next wave is coming.
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