Similar setups = Similar Trends ?

in #bitcoin6 years ago (edited)

Look at the two pictures below:

...Nice triangles! Both are extracted from correspondent 2-hours Charts.

The lower upper triangle corresponds to the current status of BITCOIN CASH while the lower corresponds to the status of BITCOIN on yesterday same time...just before the current BITCOIN bullish.

What do you get from them?

  • Is BITCOIN CASH going to behave the same as BITCOIN yesterday?
  • Is it going to break the lower ground?
  • Is it going to break the upper resistance?

Being both coins "brothers" I would bet for BITCOIN CASH following his older brother, isn't it?

However, the best is just to wait a couple of hours and see what happens...
If BCH breaks upper line as strong as BITCOIN yesterday we will have a nice bullish there!

Enjoy!!!

*This is just my personal point of view, please, do your own assessment and act consequently.

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