BCH - End of Consolidation - Should test soon the resistance line

in trading •  7 years ago  (edited)

Hello all,

Since some days the BCH is doing nice moves. It should test soon the long term resistance line :

BCHUSD.jpg

This will be an important momentum because if we are able to break this line, we could see the BCH coming back in a nice up trend.

I know many people don't like BCH and don't see any future for it, it is also my opinion. However, I'm talking here as a trader and not as an investor.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Version française ici : [FR] BCH - Fin de la consolidation - Nous devrions aller tester la ligne de résistance

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@cryptopassion You mention that you don't believe that BCH doesn't have a future..Is that your general opinion towards the coins that have been, and will be forked from Bitcoin??

Same for Bitcoin Gold indeed.
We need to be careful about the Segwit2X, this fork is a dangerous one.
Depending of the support it could receive, it could decrease heavly the value of the BTC.

Right I agree with you @cryptopassion, because your points have basis.

Okay🙂 Seems like Segwit2x already has a lot of support, the support that Bitcoin Gold didn't have, and probably never wil get..

All bitcoin hardfork to me looks like some big stakeholders trying to increasing their stake and influence in the system, hard forks are backed with more selfish interest than solving a problem with the bitcoin blockchain

good post @cryptopassion

Nice post

Great works, I wish you success

  ·  7 years ago (edited)

This is a very good post upvoted on it , If you like my posts then upvote @wattoo.

Good work cryptopassion.

Nice post friends...........?

BCH is a good fork but a lot of traders just sold couse got it loke a bonus of having bitcoin. Logic on the first place when traiding:) nice post enjoy

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