#1210
MrHanna
MrHanna
Moderator

Bitcoin Cash has given me another bullish signal on the shorter time frame (30min candles) with a nice cup and handle that formed.

BCHUSD forecast
The RSI and the MA is confirming the upward momentum in the Bitcoin Cash market for me.

For anybody looking to play the bounce here, we are looking at the 2600 – 2700 zone to enter the market.

There is good support between 2500 – 2600 and those levels will have to break to make me bearish.

Expect some fomo should the prices push past 2900 – 3000.

I recommend BCH at these prices for a longer term hold, great fundamentals and just more good news every day.

Feel free to discuss this trade idea with us on Slack or Discord!