OneManTrading

BCH Making Some Moves?

KRAKEN:BCHUSD   比特币现金
I got in around 1300 and it's moving up nicely. And as we all know when BCH decides to move... it goes hard. Will we see it again, like last time? Very possible with it's war against BTC.

Some are saying this could really go all the way to 5000. Well... possibly. Around 2500 was the last high and if BTC is 17,000 then surely BCH can get half way there at some point (someday).

Anyway I aim to ride this and reevaluate as I go along.

The chart shows a big pennant with channeling in the middle. Strong support and hope to break the ceiling. MACD going up and RSI mid level with room to grow.

Do your own research. Good luck!
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