BCH Swing Trade Setup

BITFINEX:BCHBTC   Bitcoin Cash / Bitcoin
215 0
I'm not a fan of BCH but it is setting up nicely for a swing trade.

Just pumped from the bottom trend line so there risk/reward is not where I would like it to be at but this is an interesting set up nonetheless.

- MACD bullish crossover
- 50 EMA has just been broken

Two Targets to look out for before we reach resistance at top of triangle and pullback

(1) 0.17718
(2) 0.19310

Happy Trading,

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