BCH - We just touched the long term resistance and we are trying to break it

in #bitcoin7 years ago (edited)

Hello all,

During my last publication about the Bitcoin Cash here : BITCOIN CASH - Under long term resistance - Consolidating, I said you that was waiting that we try to break the long term resistance line to have a direction on the BCH.

This is now the case :

BCHUSD1.jpg

Now we need to wait a little bit the confirmation that we are able to break it. If you can see by the end of the day that we broke that line and that we are upper, we could see a very nice UP coming on the Bitcoin Cash for the next days. Be careful, it is still possible also that we are just testing this line and that we will drop again after that test.

So if you want enter long on the BCH, please be sure that the resistance line is correctly broken. This is currently not yet the case as we are frozen on it.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Version française ici : [FR] BCH - Nous venons juste de touche la ligne de résistance long terme

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because all of my money is invested in other crypto i think I will just observe. but based on my observation it will rise this week. sorry for my bad english.

For sure, I don't think it is the good time to invest in it. The line of resistance is still not broken

I pray this turn out great too so BCH can also be like other coins like Btc and eth

Thanks for this great information

The downtrend will continue in my opinion. This coin is a copy cat fake and only original Bitcoin is real.

Wow! Where did that come from?
It'll be interesting to see if any of that gain is sustained in the coming days.
Maybe BCH/BCC is finally making a comeback...

Please keep in mind that the upcoming Bitcoin fork could have an impact on BCH!! Can't figure out which way it will go, but I would be very careful right now..Could be a bull-trap!

For sure, but if you followed my advices, you are not yet in ;)
And I think it is not the time to go in because it failed to break it.

👍👍👍👍👍👍

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