Valsyth

BCHBTC Descending Triangle Breakdown 2.5 R/R

Short
BITFINEX:BCHBTC   None
BCHBTC has painted a descending triangle with a backtest that has confirmed support turned resistance. There is a pretty safe 2.5 R/R short opportunity if you enter now and place a stop loss slightly above the downward sloping resistance. Entry: 0.7845, Stop Loss: 0.079, Target: 0.075.
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