BCH/USD - Levels to watch, bullish price action towards $500!

BCH broke outside this descending triangle and is now moving higher. We were stopped first at Fib 23% but now we managed to push higher and make it support. So our next target is $470, then $500.

I like how BCH is looking here and I expect us to push higher fast as momentum is building up in the market. ETH is pushing higher after passing it's ATH and we're looking sexy.

Indicators on BCH are very bullish, particularly on daily timeframe where the MACD is about to cross to the positive side and RSI is curving up nicely.

Very bullish on BCH, good to explore long opportunities.

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