BCHBTC Resistance line
Since its creation, Bitcoin Cash had three strong price surges that all stopped at about 0.24 BTC. This is a strong resistance level. A strong, sustained breakout doesn't seem very likely. Now may be a good time to take bch profits, or if you bought high, sell and cut losses. I took about 60% from my position.
Further BCH analysis next post.
Further BCH analysis next post.
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