@Barakz12

@Barakz12 23 March 2020

Bitcoin Cash price falls to $200, but what's next? Hi BCH lovers, as you probably seen, the price of Bitcoin Cash has fall to $200. I recently read an article of an analyst which is called "AsimMirza786" on TradingView (an online analytics website) who believes that the bears are taking control over the Bitcoin Cash market. **The Bitcoin Cash price line went straightly to the $200-level after we saw a day’s high that was above the $232 level on the price chart as for the 22nd of March.** When looking at the graph of BCH, we actually see that the $200 level is a very strong support. When analyzing the graph technically, it seems that **instead of turning into a bearish market there may be a great opportunity to buy BCH!** You can see that the graph went a little below the $200 level, however, the bulls showed us their power as the graph climbed very fast to above the $200 level, which is a GOOD signal. Take a look at the RSI of BCH/USD in the daily graph: As we can see, the graph has reached the 20 RSI level and the bounced back to the 40 level. To me, **it seems like the graph has a potential to turn into a bullish trend**. You can see that even before it happened. The RSI has dropped down to the same level like now, and then it bounced back and even reached the 70 level! So, what to do now? Image was taken from: Wikipedia https://en.wikipedia.org/wiki/Bitcoin_Cash I think that the right plan now will be to wait a bit more and see what happens with the graph. If you see that the chart keep pushing up, then it is a good sign to buy (even in the next few days). But if you see that the chart stops its uptrend and turning into a downtrend, then probably the bears will try to push down the price back to the $200. And then you will have to see whether it breaks that strong support or not.

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@Barakz12 23 March 2020

Introducing myself! Hi guys, my name is Barak. A bit about me: I am a crypto lover, a writer, and an entrepreneur. I used to write for other websites like Steemit.com, in which you get rewarded for writing content. The reward comes in a cryptocurrency which is called STEEM. So, why did I try Read.cash? To be honest with you, the reason I stopped using Steemit.com is that it seems to not be worth it anymore. I used to earn a nice amount of money on Steemit a few years ago. However, it was only at the beginning. Right now, GOOD writers on Steemit who used to earn about $50 per article earn only $2, which worths nothing compared to the time they spend writing articles for this website. I also tried a website which is called Minds.com Minds.com claims to be a social network that rewards its users for being active and for their contribution to the community. You earn MINDS tokens for getting likes/shares/subscribes. However, the catch is that MINDS token has no real value in the market as it is not listed on any exchange. Therefore, you can't really earn from having MINDS tokens at the moment. I think that it may worth using that website in the future when we see the real value of the MINDS token. **What are my thoughts on Read.cash?** I always like to try out new website opportunities and it seems that be that read.cash is an awesome opportunity for the content writers. I think that everyone is looking for a good new website to make new friends and to earn some $$$ as well. I hope to connect with as many good content writers as possible and to write good stuff for this website as well. Why should you follow me? If you want to wake up in the morning and have a smile on your face then I am the right Minder for you! I love to share funny stuff as well as beautiful pictures of nature.