Bjorneriklien

BCH might be spuperbullish!

BITFINEX:BCHUSD   比特幣現金 / 美元
Hello. This is just my idea, but I start to like it better and better. I have drew a green trendline , wich showed us a triangle. We did break the triangle, and getting more like a rising wedge , but not totally sure if its valid, because it`s just an illusion because of our red trendchannel. I think we should focus on the red channel. If we get up there I think we will test the top of the channel, and then we might break the top at 3133ish.

If we get through 0.618 fib I think were aiming to new ATH             , but have alot of resistance on its way, I want to close my position at 1.618 fib, but I will also look carefully all the way up, and also maybe after. If we zoom out we have another long term fib 1.618 @ 6.281 that should be valid in the longterm.

Im not a pro, im just a noob do some drawings ! Do not use this as a trading advise, do your own analysis.

cheers!
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