BCH has a great fall which is much needed in order for it to go retest the trend. The long consolidation before hand has definitely gather many buying forces which would be more than happy to scoop more during this period.
So long as $500 not broken, we should see it coming back to 1100 range and with a near term target of 1600.
Maintain buy rating on BCH which also a lackluster compares to its bigger brother bitcoin.
So long as $500 not broken, we should see it coming back to 1100 range and with a near term target of 1600.
Maintain buy rating on BCH which also a lackluster compares to its bigger brother bitcoin.
Trade closed: target reached
1600
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.