CryptoStrategies

Bitcoin Cash: The Return of the King

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BITFINEX:BCHUSD   None
Just as everyone stopped talking about it and the focus is on bank controlled XRP + useless shit tokens... Bitcoin Cash covertly approaches the end of consolidation. Bollinger bands are tight and we are at the end of a symmetrical triangle formation.
Watch for an increase in volume when it breaks out, to confirm the move.
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$BCHBTC just bounced off some support - if it can clear the blue zone marked by square box; we will see some serious upside on $BCHUSD.
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$BCHBTC update
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BCHUSD support broke down, with the fall on BTC and the entire crypto market.
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BCHUSD breaking down. Target at the 1800 area.
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This idea is still in play. Adjusted TA due to numerous shakeouts. Have a look at the nice volume starting to come through.

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