BCH is going up as soon as the bull trap finishes on BTC. There is a major flow of value between the pair.
chiendang1703
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@davidlxchen, agree! I bought more bch at 1180$. let's see what will happen, I take the risk and stop loss -10%. the only thing we need now is waiting and patient
chiendang1703
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@davidlxchen, my drawing is wrong, the trendline is at 1165-1180$ that why I bought more at that.
Anoinvest
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BCH super overbought on 1d .. we´re aiming down to 1K than UP
chiendang1703
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@Anoinvest, bitcoin has much bigger community it was like overbought so many time but still bull run. it's overestimated (the price and its core value). bitcoin needs a real competitor and If bitcoin cash has enough support from crypto community and media it will never down to 1k, the cryto-market cap is swelling with a stronger support it will get 2k-3k in no time.
thing is there's a big confusion among these two.
Anoinvest
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@chiendang1703, Well I think only the time will tell the truth. Actually I dont see BTC setting up a bull trap but very bullish as it hits 7300 right now and the volume is just increasing. I see next resistance at 7450 if we pass this one cya on the moon :)