a1Keith

Megaphone pattern . Increasing volatility

Long
a1Keith Updated   
BCHABCUSDT is working its way up the slope of the pitchfork.
Within this pattern there is a steep ascending slope.
We are now at the floor. There is support on the horizontal at 380 . This can be a stop.
Take profit at the top of the channel, where the megaphone meets the channel around 480
Comment:
Comment:

Slope has been modified.
Possible partial take profit around 490
Trade active:
This chart is Bitcoin cash plotted against Bitcoin
I will look for support in the lower light green zone around 0,045. We could get a bounce to 0,075.
If support does not hold then I will consider selling BCHABC to buy
Comment:
I am following two different slopes. This one gives us a target of around 630 in the first week of July

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