Decisive week for Bitcoin Cash

12 авг. 2019 г.

Ok don't listen to all those complicated charts, here's the simple thing :

We have confluence of the 50 weekly MA as support, also with this trendline from last december lows.

For me personally, I have a bullish bias and I go with the uptrend, so I would like to see a retest of the $300 levels and watch closely the price action (in hope to go long). Needless to say if we close below that will be bearish.

For now, I have no position and just wait.

BCHPLS!

14 авг. 2019 г.

Сделка активна

alternative.me/images/fng/crypto-fear-and-greed-index-2019-8-14.png

19 авг. 2019 г.

Комментарий

As I was expecting, trendline and moving average acted as support (although last week price action gave me a bit of a sweating).

We also just had this news coming (twitter.com/zhusu/status/1163363362429759488) : Rakuten (largest e-commerce site in Japan) launches crypto spot trading mobile wallet + app today, supporting [...] BCH

It's pretty clear now that BCH haters are going to cry a sea of salt, and I'm confident in longing this one to the moon now.