Bitcoin Cash Stands Above EMA50, Ready To Jump!
After the initial breakout BCHBTC (Bitcoin Cash) printed 9/10-Jan., prices fell to test EMA10 and EMA21 as support.
With this level holding, the stage is now ready for additional growth.
Look at the blue arrow on the chart... As long as BCHBTC stays above EMA50, prices can easily jump.
The targets are the black and magenta dashed lines marked above.
Namaste.
Previous chart/Full trade (9-Jan.)
Bitcoin Cash Trade Signal (165%)
](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
With this level holding, the stage is now ready for additional growth.
Look at the blue arrow on the chart... As long as BCHBTC stays above EMA50, prices can easily jump.
The targets are the black and magenta dashed lines marked above.
Namaste.
Previous chart/Full trade (9-Jan.)
Bitcoin Cash Trade Signal (165%)
](https://s3.tradingview.com/1/1jDZpmgu_big.png)
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