<center>![Avatar Trade2.JPG](https://steemitimages.com/DQmdYS9kddtwL5FdPXagGGEyvphp6Tjki6kag7Z5iPUvMWZ/Avatar%20Trade2.JPG)</center> I talked about Bitcoin Cash last on 4/18, <center>[Crypto Analysis Report 4-19-18 Bitcoin Cash Found Buyers At $600...Intro To The Curve]( https://steemit.com/bitcoin/@rollandthomas/crypto-analysis-report-3-24-18-bitcoin-cash-found-buyers-at-usd600-intro-to-the-curve)</center> In that post I stated, Bitcoin Cash was bought by buyers when price hit the daily demand zone at $600 demand zone which was a low risk, high reward trade set-up for multiple reasons. I also talked about the sellers at $1000 and $1300 level, but those levels were in the middle of the curve (range) and my target 1 was $1650. ![](https://steemitimages.com/DQmPGfLJiwtP9whzxdWeur1bfSmfw9uMg1GavPxGaQyrghx/image.png) Well price hit $1650 a couple of days ago, NOW WHAT??? Price loves to travel from one extreme to the next extreme. In this case, price went from $2800 back in Jan, to $600 in May and is making its way back up. So if $400 represent low on the curve and $2800 represents high on the curve, Iโm anticipating price will continue to move up to my next target at $2600. ![](https://steemitimages.com/DQme63E5AcCDm2sVyNaBk1AV53qHHATNa5gPeAy5NH7p63u/image.png) Prior to the buyers taking out the sellers at $1650, the buyers stepped in at $1500 and were able to overtake the sellers at the $1650 level. In the process, the buyers formed a new demand level at $1500. So the trade set-up is when price comes back down to $1500, itโs an opportunity to buy long with a target at $2600. The trade is wrong if price breaches the $1400 level. NOTE: the trade was triggered last night. If this level is going to hold, it must take out the recent high of $1844. ![](https://steemitimages.com/DQmQ2vYVmduqMFJxReiwo58zoHDZaHSkzKVuqtGWymtA6y4/image.png) If you missed the trade set-up, wait for the breach the $1844, level, then buy on the pull back. ![](https://steemitimages.com/DQmd6urU1H4swEZmTNJA4V7zzmR9iu3kThCj194RCyjXJtQ/image.png) This post is my personal opinion. Iโm not a financial advisor, this isn't financial advise. Do your own research before making investment decisions. ![upvote banner3.gif](https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/upvote%20banner3.gif)
post_id | 47,702,989 |
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author | rollandthomas |
permlink | crypto-analysis-report-5-9-18-bitcoin-cash-hit-my-1st-target-at-usd1650-next-target-is-usd2600 |
category | bitcoin |
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Hello! Good article! I'm interested in the them of ICO and crypto-currency, I'll subscribe to your channel. I hope you will also like my content and reviews of the most profitable bounties and ICO, subscribe to me @toni.crypto
post_id | 47,704,284 |
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author | toni.crypto |
permlink | re-rollandthomas-crypto-analysis-report-5-9-18-bitcoin-cash-hit-my-1st-target-at-usd1650-next-target-is-usd2600-20180509t115900322z |
category | bitcoin |
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root_title | "Crypto Analysis Report 5-9-18 Bitcoin Cash Hit My 1st Target At $1650, Next Target Is $2600" |
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let's vote together @zuhrafriska
post_id | 47,708,930 |
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author | zuhrafriska |
permlink | re-rollandthomas-crypto-analysis-report-5-9-18-bitcoin-cash-hit-my-1st-target-at-usd1650-next-target-is-usd2600-20180509t123556515z |
category | bitcoin |
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root_title | "Crypto Analysis Report 5-9-18 Bitcoin Cash Hit My 1st Target At $1650, Next Target Is $2600" |
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post_id | 47,731,437 |
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author | resteemable |
permlink | re-resteemable-crypto-analysis-report-5-9-18-bitcoin-cash-hit-my-1st-target-at-usd1650-next-target-is-usd2600-20180509t150833526z |
category | bitcoin |
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root_title | "Crypto Analysis Report 5-9-18 Bitcoin Cash Hit My 1st Target At $1650, Next Target Is $2600" |
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Upvoted ($0.12) and resteemed by @investorsclub [Join the Investors Club](https://steemit.com/introduceyourself/@investorsclub/investors-club-introductory-post) if you are interested in investing.
post_id | 47,735,633 |
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author | investorsclub |
permlink | re-rollandthomas-crypto-analysis-report-5-9-18-bitcoin-cash-hit-my-1st-target-at-usd1650-next-target-is-usd2600-20180509t153654151z |
category | bitcoin |
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