Bitcoin Cash or B-Cash as some prefer to call it, has ended the first cycle and it's ready to jump into another one.
I would pay attention to this coin if I were You. You may like it or hate it, but something is happening around BCH and ppl that like fundamental analysis knows what I'm talking about.
On 4h chart BCH clearly has a cluster at 78.60%. It can be a major turn point for wave "2" up into wave "3". And below is also strong major trendline support.
In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).
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I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and entertainment purposes only. Don follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
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