Long
Great Buying Opportunity!
We've hit the trend line point right now, RSI is oversold so I see a great buying opportunity here. We could break the trend and touch the 50 day moving average but I think we will bounce quickly if this happens.
I'm neutral on the whole "Bitcoin vs Bitcoin Cash" debacle, but I don't see BCH going down anytime soon. As long as we continue to uptrend, it will outperform Bitcoin over the next few weeks/months.
I'm neutral on the whole "Bitcoin vs Bitcoin Cash" debacle, but I don't see BCH going down anytime soon. As long as we continue to uptrend, it will outperform Bitcoin over the next few weeks/months.
Note
We fell through the trend line, 50 day MA should act as next support. Still a great buying opportunity!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.