Through multiple attempts to breakout of its long consolidation inside of the ascending triangle , BCH has finally broken out of the resistance line with apparent volume . If you are looking to enter BCH, a strategic entry would be when BTC begins to fall or descend from a peak.
Time Frame: 5 Days
Reached the target exactly where I placed the green flag. Well done everyone. Look to buy the dips for another wave.
@BBENTAYGA, Thank you for your question. This will be contingent upon how soon Bitcoin Cash will ascend towards $2100; however, after hitting $2100 target, a retracement towards the blue support line ($1900-2000) will be highly probable.