Hi there, Bitcoin Cash is setting up for next shock.
How you can trade,
1. Watch bottom or trend line for the price action for buy before the breakout.
2. Watch strong breakout of the corrective ranges with strong candle that strong candle can appear because of the news event. If so simply buy that breakout. If not sure how to trade then head to the previous Bitcoin Cash chart and have a look what kind of breakout you need to look for.
In case price breakdown the corrective ranges or breakdown the trend line no sell will be there it will remain bullish. We will watch the pattern formation and will look for more buy.
5K will be easy for Bitcoin Cash to hit but we will for 7K or 8K target in next 3 to 4 months. It has the potential to hit this target even before that.
So watch bottom for buy.
Kommentar
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That what you need to look for on lower time frame. Before making any decision for buy watch for price action then buy. we have not seen any price action at last bottom price just broken though.
Currently we are having trend reversal pattern which is a good sign. watch it
Maybe, maybe not. You are not showing the whole graph. zoom out, and you'll see those spikes are making lower highs. You made a terrible call on Bitcoin last month, and I don't trust you anymore. All you do is pump. You never give a short call, or at least I've never seen you.
UnknownUnicorn782167
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@josephtse, he calls short on fx pairs -- usually gets that wrong too - bitcoin is a 1 way street at the minute so he is happy to call long as he knows the probability is for it to go higher - he will then say "I was right" -- Hopefully we are now getting a 2 way market on the coins...
Wave-Trader
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@david311278, Oh taylor o and get some life man. Why you are trolling my charts everywhere.
Wave-Trader
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@josephtse, 25k target is not for tick trader. If you are tick trader then dont look for trade setups on waves. Wave takes time to appear and takes time to complete.
bossl1fe
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lmao please stop. bch will never go below 2200 again. only thing you are right about is the 6k target.