CryptoPatel

Bitcoin Cash Loading for +166% Why Please Read This with Detail

Long
CryptoPatel Updated   
COINBASE:BCHBTC   Bitcoin Cash / Bitcoin
Bitcoin Cash Technical Analysis Update:

#BCHBTC now Current Price is 0.02730 as writing this Post.

Whats TA Says..?
According to TA I can say this is bottom of Bitcoin cash and now Strong holding at 0.02630 Support level.
and good bounce from support level.

so According to TA its give me Long Setup Entry for Me,
and I bought some BCH/BTC at CMP.

Support:-
According to my Chart BCH/BTC Bottom is 0.02430 BTC. and you also check Strong bounce back from that range in weekly chart.
after this bottom BCH/BTC went up to around 16% and now again Retracement Level.
So I am track each and every time for Good opportunity to buy.
0.02430 is 5 month Support Level.

After Weekly support we can also see in chart Support 1 also strongly hold.
and 1 day MACD very near to bullish Crossover.

Resistance:
in the chart I mentioned all Resistance .
so every resistance is our Target point.
0.03233 is our first Resistance level and also very important resistance level.
if we breakout this Resistance then we can see our next target and resistance.
So never gamble and red chart of my updates and follow carefully.

Stop Loss:
Guys I personally not Placing Stop loss for long term holding.
But my short term holding I placed stop loss at 0.02640 and 0.02600 is best stop loss for Short term scalping trader.

Targets:
As I mentioned in Chart my all Resistance is my Target point.
and if I am talking about Long term my Target is 166% and Why 166% because of Long term GAP at 0.07280 BTC still not filled so I am waiting for this GAP.

What Now..?
I think you this is Good Opportunity for fresh setup in BCH/BTC.
and I all think mentioned in this updates for short term and long term Trader.

so Trade Smart not Blindly.

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Trade active:

BitcoinCash 1 Day Update:

If I am Tacking About Daily Time Fame then In bottom you can see Bullish Engulfing Pattern.
so I am bullish.

Now Current Price is 0.02710 BTC this is My perfect Entry.

If you also opened this trade then Place stop Loss bellow Engulfing 0.02640 BTC.

Warning...?
keep an eye on chart dear. if today candle close bellow 0.02650 then BCHBTC again Bearish mode so I will exit and you can also.
if this happen we can see again new entry find.

so dont panic guys.

Support: 0.02640 BTC
Resistance: 0.03230/0.04120/0.05105/0.07280 BTC

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