Bitcoin Cash - One of the oldest coins in the market, tested with time. It has recently broken out of a recent high, made higher lows, and validated a double bottom pattern.
Pros:
- It is extremely far away from ATH which sits around at 4k, with the current price that's a 500% move.
- Formed a higher high and multiple lower lows.
- Just broke out of the previous high, in short term its PT is at least 920.
Cons:
- Older coin with old technology, not as attractive as some of the newer coins
- Less explosive gains
- RSI close to overbought area
If you're interested:
- Buy at a pullback to the previous high at around 700 - 730, SL at 650
If you already holding BCH:
- Short term PT 920, end of bull market PT 1500+