DLavrov

Bitcoin Cash Buy Opportunity

BITTREX:BCCUSDT   None
Commenting the situation with Bitcoin Cash, I can tell you following. I think Bitcoin Cash is a useless altcoin with shitcoin level. I don't believe in this market. I don't trust this market. I think that Bitcoin Cash's real value is much lower than 1000.00 USD and the market can drop to it in short term. It's just only my opinion. But if you like adventures, this market is for you. Here is a buy opportunity. The price is going to bounce from the support zone formed by the uptrend line and SMA50. RSI confirms price reversal and MACD histogram is going to support possible upward movement. Pending orders for buy can be placed at 1510.00 level with stop orders at 1100.00 level. Profit targets are 2000.00 and 2450.00 levels. Using stop-loss orders is strongly recommended.

P.S. Bitcoin is The Real King! Good luck )

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