Rocket on Bitcoin Cash

Sep 29, 2023

Hi guys, let's review the current situation on Bitcoin Cash.

Bitcoin Cash broke 200-220 resistance area and now aiming to 265-290 resistance area. BCH is looking much stronger than Bitcoin and if BTC is going to reach 28k than Bitcoin Cash most likely will be trading within 265-290 resistance area. At this point I don't see BCH plunging deeper than 220 price level. Most likely this level will be support from which it will jump to 265 price.

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Oct 3, 2023

Note

Bitcoin Cash almost reached lower bound of 265-290 resistance area. After recent pump it's in correction phase but I expect that BCH at least will touch 265 price very soon.
Otherwise, this idea remains unchanged.

Oct 8, 2023

Note

Bitcoin Cash didn't manage to rise higher than 255 price and after that is slowly falling to the higher bound of 220-200 support area.
At this point it's important for bulls that BCH stay above 220 price otherwise bears will take over.

Oct 12, 2023

Note

Bitcoin Cash dropped under 220 price and trading within 200-220 support area. 200 is a strong level and at the moment I don't think that BCH can break it.
There is still some hope for bulls but it's diminishing with every day. In case if Bitcoin Cash falls under 200 then bears will take over.