BitcoinCash vs Bitcoin Simple View
Updated
BitcoinCach established a low against Bitcon at btc 0.068. Then it started to move higher breaking above the descending channel and btc 0.11 resistance.
While it has been able to close above the btc 0.111 on a 4h timeframe, this could indicate on a potential trend reversal or at least a correctional wave up. Break below the btc 0.068 support would invalidate bullish outlook, but for now, it seems like an interesting buying opportunity.
While it has been able to close above the btc 0.111 on a 4h timeframe, this could indicate on a potential trend reversal or at least a correctional wave up. Break below the btc 0.068 support would invalidate bullish outlook, but for now, it seems like an interesting buying opportunity.
Note
Still expecting BCH to go up... just waiting for nowNote
Looking good after support has been rejectedNote
very nice rally by bitcoincashTrade closed: target reached
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