Hello traders, it appears BCH/BTC has formed a bullish cypher pattern on the 4h chart. This is an excellent long opportunity with a potential 40% return!
The measurements for a valid cypher are detailed below. B: 0.382 - 0.618 C: 1.272 - 1.414 X to D: 0.786
Here is a view on market structure on the 4h chart.
As always keep your risk in check and apply sound trading knowledge to come to trading decisions.