#1016
MrHanna
MrHanna
Moderator

Bitcoin Cash continued to surprise many this week as it kept on gaining value while it was predicted by the mainstream that we were on our way to sub $1k again.

bchusd forecast

Look towards 1640 to enter a breakout trade.

Short term support is at 1480 and 1550, should these levels fail, be patient and pick some BCH up at lower prices.

bchbtc forecast

BCH is painting a nice little bull flag for me on the 1hr vs the Bitcoin market. This is a good place to get some BCH for the longer term vs BTC.

My feeling here is BULLISH, my opinion only, please do your research before spending your cash on crypto!