Cryptic_Insight

BCH Eyes another 50% move up

COINBASE:BCHUSD   比特幣現金
There are very few coincidences in math and in life. The fib extension lines on BCH as well as BTC, ETH and LTC have all been target magnets during this move up. Right now BCH is eyeballing a 50% move up to test the clif of resistance that it fell off of prior to B-Cash camp feud that triggered the capitulation move down for the entire crypto market. These price levels are around $580 -$630 range. If this target is hit I do expect a lengthy and healthy correction down to the .618 - .786 fib area. If this current move up stalls and falls from the sky... expect the price revisits the $160 range.


I will not be entering into a trade until price gets above $453 and using about a 5% stop loss

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