About time BCH rally in this bullish market like other coins?

About time BCH rally in this bullish market like other coins?

By Tikyi Khant | Tikyi Khant | 14 Sep 2020


Hi all,

I just ran through a few charts scanning for good setups and I found that BCH is currently sitting on 0.236 fib level of support.
https://www.tradingview.com/chart/BCHUSDT/TqbPqbKd-I-sink-It-s-time/

BCH/USDT Binance

013261ef3b3b3b91de401b84b03de1b1530c328f03a3b849f629d1a5da4bc353.jpeg

My last posts about BCH went very well hitting the yellow box when I alerted the buy signal at green box.

Shorterm Bullish Cycle started for BitcoinCash!

Post 2

Right now,I believe we are at the support of green box which will bounce towards initally towards red box /0.382 fib which marked the initial resistance.

Yes,I know BCH pumped in USDT also but ....

Compared to other coins,BCH is massively underperforming.

How do I know that?

Look at BTC pair.Once BTC pumps,almost every other coins will pump in USD.

But to outpump BTC,they have to pump in BTC pair.

Take a look at BCH/BTC Binance

a2022c669dd63fb482f67e883af44b9f3da72e4f7513548240353be88f244aa4.jpeg

It kept going down in BTC pair.

If it stayed stable in BTC pair,it would have resulted better pump in BCH/USDT pair.

In the end,I just wanted to say it is good time to collect BCH as it is preparing for another bounce ,confirmed by both stoch RSI.But I cannot predict about the strength of this upcoming pump in BTC pair.If the strength is good,we will hit yellow box or even breakout to 500$.

That's all.Ty/
You can ask me to chart any other coins

If you want trading setups,follow me on tradingview where I usually posts charts there https://www.tradingview.com/u/tikyikhant/

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Tikyi Khant
Tikyi Khant

I started the journey by doing airdrops,then I become investor then I became full time trader


Tikyi Khant
Tikyi Khant

I'll be mainly sharing about Trading Analysis,Research on new promising coins,Bounties & Airdrops mainly

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