Bitcoin Cash | Bullish View Mapped (87%, 150%, 250%+ Targets)

15 במרץ 2020

Good Sunday my dear cryptocurrency trader, here we have for you the Bitcoin Cash (BCHBTC) daily chart.

Today I would like to share with you the bullish targets for Bitcoin Cash, meaning, the levels at which BCHBTC will find resistance on the way up.

On the 12-March BCHBTC had a very strong drop, but the candle that followed on the 13 produced even bigger jump with really high volume, signaling that this retrace reached it climax and Bitcoin Cash can change its trend.

Conditions for change
0.786 Fib. remains as the main support (0.030368).
We remain bullish on BCHBTC as long as prices remain trading above this level. If prices move below 0.030368 we turn bearish, the above signals become invalid and a new analysis is needed.

Thanks a lot for reading.

Namaste.