Lorenz_Capital

Long term-trending Higher

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BITFINEX:BCHUSD   None
We see another potential wedge break-out in the making here. We should See BCH long-term trend hold strong and start to test some of the higher channel levels. I am targeting 5k for BCH (contingent on bitcoin holding 14k support). A solid 4H close above $2650 should signal the completeion of the flag & pennant pattern, and propel us back to 3k initial resistance. I give it a buy/hold rating for Q1 2018

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