BITCOIN CASH - We tried to go back inside the triangle but it failed

in #bitcoin7 years ago (edited)

Hello all,

The Bitcoin Cash did a small recovery and tried to test the resistance line but it failed (red line ) :

BCHUSD.jpg

It is still possible that we test again that resistance line in red but I don't think we will have the volume to break it now. We should continue to have a drop but less powerfull than during the break out.

Take care all,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to loose. 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] BITCOIN CASH - Une tentative de retourner à l'intérieur du triangle a échoué

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Could you do one of these analyses on Steem?

Thank you for sharing that valuable information. definitely bitcoin cash will go up again.

Pretty sure Bitcoin Cash is dead mate. It's a Chinese centralized knockoff, with no real world use case.

how are you so sure about it? is very clear that have potential , if not, why are so many places to trade it? why are more and more wallets that support it every day?

Calling @originalworks :)
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Nice, you got a 4.3% @minnowbooster upgoat, thanks to @cryptopassion
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it is very informative article we will wait frok then invest

This post is upvoted by Polsza for 79 %.
If you want help us growing upvote this comment.
Thanks !

Unless these cryptos are adopted for use beyond day trading, they're going to go the way of myspace.

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