Crypto Update; Bitcoin And Bitcoin Cash Analysis; Crypto To The Moon.

DISCLAIMER: I am not a financial advisor nor certified analyst. All contents discussed on this blogpost are solely my own personal views and for Trading education/entertainment purposes only . Do your own research and due diligence.

With that being said, let's get into it;

BCH 1H TIMEFRAME

Surprisingly, BCH and BTC are moving in a very similar pattern. Me making an analysis on BCH is pretty much the same as making one on BTC. You'll Get to see that in no time.

In the above 1H timeframe, we're moving in a fine descending triangle pattern as we've respeced the support zone multiple times as you can see in the above analysis.

With all these happening, we're again going and getting closer bit by bit to the upcoming bullish increase very soon. After the respect on the trend line, we might go down a little bit but eventually get back up and move even more further hopefully.

BTC 1 DAY TIMEFRAME

Using the 1 Day Timeframe on BTC, you'll see a breakout which lead to a quite long bearish candlestick afterwards. BTC is still at the stage where it broke out from the trend line. Though we can see something even more promising on the 1H timeframe.

In the 1H timeframe, we can see a continuation of what happened after the break out and things are already looking good if you ask me. The trend line which is being formed or created which is similar to that created on BCH, has finally incurred a break out at the top level of the trend line which might just be a bullish start point for BTC after undergoing it's bearish moments.

Overall: BTC and BCH are both about to engage in some bullish movements although BTC might have already had a start up.