Welcome to my chart, BCH is still showing strength!
Looking at the chart, Red line is the resistance and there was a slight Bull trap (Alts mostly make much more bull/bear traps than Bitcoin, so trades should really be careful on major resist/support line)
Major Bullish market for BCH yet!
Here's my scenario.
- Healthy correction for another big leg up is necessary
- Price can moves around the yellow box area I showed above chart
- Green line could be support.
Be prepared and always have a plan for your trading and manage risk!
Thanks for your likes and comments.
Looking at the chart, Red line is the resistance and there was a slight Bull trap (Alts mostly make much more bull/bear traps than Bitcoin, so trades should really be careful on major resist/support line)
Major Bullish market for BCH yet!
Here's my scenario.
- Healthy correction for another big leg up is necessary
- Price can moves around the yellow box area I showed above chart
- Green line could be support.
Be prepared and always have a plan for your trading and manage risk!
Thanks for your likes and comments.
