Hello, sorry for this "ugly" analysis but this is solely to have the Bitcoin Cash targets written in one place where they can be accessible by everyone.
I am sharing with you two different options, chart based targets and Fibonacci targets. You choose! Enjoy.
Chart based targets (resistance lines):
(1) 0.134 (2) 0.151 (3) 0.185 (4) 0.208 (5) 0.233 (6) 0.299 (7) 0.398 (8) New ATH
Fibonacci based targets:
(1) 0.1526 (2) 0.2051 (3) 0.2475 (4) 0.2897 (5) 0.3502 (6) 0.4270 (7) 0.6490 New ATH
Trade ativo
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Coinbase says they are adding Bitcoin Cash, this thing is going through the roof.
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You can buy in / rebuy / reload at 0.172 - 0.200 range.
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The price range with BCH is becoming each time smaller, so we are headed for a breakout (up or down), here is the chart formation (still can go sideways longer though).
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We are looking really strong on BCH, plus we have slow growth, which is more sustainable.
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You would think that Bitcoin Cash would go up when Bitcoin goes down... Not this time, the entire market is correcting and Bitcoin Cash seems to be no exception.
These are just target levels, so I can't really recommend anything for this coin, other than patience, relaxation and calm.
Trade fechado manualmente
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This targets were shared for a friend who asked. We already made huge profits on this trade. I am not a BCH fan, so I will be closing this trade.
I will not be following up BCH. If you want to trade with me, there are plenty more trade ideas.
This is a weird coin,with all its pump and dumps, intuition, not charting nor the lure of FOMO or fast cash tells me to stay well clear, plenty of other opportunities out there..I flipped out of bitcoin while it was going low I went into dash and ethereum instead.. :)
Mikelle
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Dear Allan, thank you for keeping us informed:) My new part of profit on the way to you:)
AlanSantana
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@Mikelle, Thanks a lot. Your support is highly appreciated.