Bitcoin Cash second break out opportunity

16 Ağu 2017

After failing to remain on the uptrend line shown in my previous idea, BCC / BCH is still showing consolidation action slightly below the $300 level. After a long time of consolidation there are neither buy nor sell signals, which means we will have to wait for a clear one to show itself soon. This technical analysis is based on the fact that after consolidation there will be a break out either up or downwards.

Conclusion: We still have to wait for a clear move.

17 Ağu 2017

Not

This TA was really on point. I hope you people bought some BCC / BCH before it exploded.