Hello all,
The Bitcoin Cash (BCH) is is forming a nice triangle pattern :
As always no one can be 100% sure of the direction that the Break Out will take. My opinion is that we will have a UP Break Out but the safest way to trade it is the following :
- Wait the start of the Break Out (UP or DOWN)
- Enter your position by following the trend
- Determine your profit target when you know the price of your entry
- Wait and adapt if needed your profit target to sold your position with I hope a nice profit.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Version française ici : [FR] BITCOIN CASH (BCH) - Triangle en formation - Break Out imminent
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i think previous day form today grow up break out, it better next time, thanks for sharing
Thanks for sharing. A very dangerous game to play since BTC vs BCH relationship is unpredictable. Sometimes they go the opposite way, sometimes BCH goes up when BTC goes up. BTC is ripe for a major correction though but the prospect of the BTC Futures and ETF is delaying the inevitable.
Nice post
wow
Longterm BCH is going to be a big winner. Possible 2-300% return in 2-3 years. mark my words. I am definitely Bullish!
I agree, well stated. However, I smell a correction that may come in the today or tomorrow.
Nice. What is your perspective on Bitcoin Cash Plus (BCP) fork and its effect on BTC and BCH?