Another sleeping giant is Bitcoin Cash here.
Let's go fundamental first:
1) BCH has smart contract developed by an independent team
2) It is disliked due to its founder and being BTC fork, yet it continues to thrive behind the scenes among its loyalists.
As for the technical aspect:
1) BCH has very high growing LONGS on BitFinex since the summer.
2) BCH continues to hover above its support drawn from Sep 2020 on the weekly chart.
3) BCH maintains the 40 RSI level on the daily, which is considered an untimely Long position entry in a bull run.
4) BCH is below the 0.236 Fib R level indicating an undervalued asset for accumulation
5) As per Ichimoku Cloud, BCH needs to close a daily candle above $640 for a leveraged long position. If and only if, the first target would be $840. However FIB R levels indicate far much higher targets on a longer term.
PS This analysis is provided as per the request of one of my followers. I hope you found the answers, you were seeking.
Let's go fundamental first:
1) BCH has smart contract developed by an independent team
2) It is disliked due to its founder and being BTC fork, yet it continues to thrive behind the scenes among its loyalists.
As for the technical aspect:
1) BCH has very high growing LONGS on BitFinex since the summer.
2) BCH continues to hover above its support drawn from Sep 2020 on the weekly chart.
3) BCH maintains the 40 RSI level on the daily, which is considered an untimely Long position entry in a bull run.
4) BCH is below the 0.236 Fib R level indicating an undervalued asset for accumulation
5) As per Ichimoku Cloud, BCH needs to close a daily candle above $640 for a leveraged long position. If and only if, the first target would be $840. However FIB R levels indicate far much higher targets on a longer term.
PS This analysis is provided as per the request of one of my followers. I hope you found the answers, you were seeking.
Unless you figure a way to make money while you sleep, you’ll work till you die.
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Unless you figure a way to make money while you sleep, you’ll work till you die.
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。