BCHUSD. A resumption of growth? If so, then tripling of the price is possible.
Bitcoin Cash literally hooked on the slow moving average on the daily chart and from yesterday tries to push off from it. Today it starts to work out for BCH.
Perhaps this is the birth of a new wave of growth.
A three-wave correction from a maximum of $ 4,000 to support at $ 2,000 is clearly visible on the chart and, looking at today's candle, is over.
Trading volumes are still small. Nevertheless, the price is rising.
Support is on the $ 2,400, $ 2000.
Resistance on $ 3000 and $ 4000.
If it's a new big wave of growth, then we, by analogy with the previous two waves, can predict a tripling of the price: that is, the peak of the wave - somewhere between $ 6000 and $ 8000
Recommendation: buy
#icex #bitcoin #Cryptocurrency #investment #trading #BitcoinCash #Analysis #BCHUSD
(chart: https://www.facebook.com/ICEX.CH/photos/a.2118432098183105.1073741825.294213827271617/2213628975330083/?type=3&theater)
Bitcoin Cash literally hooked on the slow moving average on the daily chart and from yesterday tries to push off from it. Today it starts to work out for BCH.
Perhaps this is the birth of a new wave of growth.
A three-wave correction from a maximum of $ 4,000 to support at $ 2,000 is clearly visible on the chart and, looking at today's candle, is over.
Trading volumes are still small. Nevertheless, the price is rising.
Support is on the $ 2,400, $ 2000.
Resistance on $ 3000 and $ 4000.
If it's a new big wave of growth, then we, by analogy with the previous two waves, can predict a tripling of the price: that is, the peak of the wave - somewhere between $ 6000 and $ 8000
Recommendation: buy
#icex #bitcoin #Cryptocurrency #investment #trading #BitcoinCash #Analysis #BCHUSD
(chart: https://www.facebook.com/ICEX.CH/photos/a.2118432098183105.1073741825.294213827271617/2213628975330083/?type=3&theater)