Although I'm not a huge fan of Bitcoin Cash, this crypto is thrilling to breakout above the top line of the wedge I drew in the chart above.
In fact, in this currently bullish market, BCH has been taking a break laying back a little while other cryptocurrencies such as BTC, ETH and LTC faced a pretty nice rally.
BCH has dropped a lot after the hype of being implemented into Coinbase, yet managed to consolidate and gain momentum. It is ready for a run up.
This is not financial advice, just my analysis and opinion. Do your research and let me know what you think about it.
Have a great rest of your day.
Happy trading and be safe!
Excelent post! Follow me to receive cryptos, technology and innovation news daily: @marcosoliveira. Thanks!
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so when the support is trending up and the resistance is trending down, this signals to you a potential run-up?
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