Bitcoin Cash Price Analysis, 28 April../Cryptocurrency..

in #cryptocurrency7 years ago

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The traders are buying Bitcoin Cash close to the $1,200 mark. We currently don’t own any position in the cryptocurrency, as we have booked complete profits on all our position..
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The BCH/USD pair will try to break out of $1,600 levels once again. If successful, the up move should extend to $1,800 and $2,000 levels.

If the bulls fail to scale above the overhead resistance, the cryptocurrency can become range bound between $1,200 and $1,600 for a few days.

We shall wait for a reliable buy setup to form before recommending any trade..
source:cointelegraph

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I guess it's going up depends majorly on BTC staying stable. While the fight between bullish and bearish is still undecided, BCH will gain if BTC stays above 9k for another 3-4 days

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