The 1H, 4H, and 1D (Not as much) charts seem to be ready for a run up. On the other hand there is not much room on the 1D though, so it might not go up too far before needing more gas. This also leads me to think it might need more down time. If my horizontal support line holds we should be good.
Let me know what you all think... Is BCH ready for another run? Is it just a run up or "The Flippening"?
Sorry for the terrible chart
BTC seems to have found support above $7300 which is good news but may be sucking some of the gas away from BCH. BTC seems to have fully corrected and will now move forward or got a little lost on the B leg of it's correction before plummeting to C.
All in all I have not pulled out from where I added early to BCH as yet. I love punishment so I will let this wound fester a bit. I completed my adds to this position when it hit my green zone. Patience is a virtue...but I won't play chicken with BTC. I will pull out if it heads any further south.
Anyone know how to add a chart to a comment? Thanks...
Moving on up! Slowly but surely. I am %100 back in the green from when I started adding more to this position. Patience!
Good luck all