Hello guys, we had analyse BCH/BTC market and found falling wedge pattern and had drawn target price as per pattren breakout and got small bearish divergence and market may move till D-wave. As we know falling wedge is a bullish pattern but market condition is not good but you can trade according to per market breakout and can book decent profit.
Trade active:
Market reached our target along to wave D, now it's availabe near apex wait for breakout, wil update idea soon.
Trade active:
Market braked downside and can test 0.032 - 0.034. Traders can take position nearby that range with tight stop-loss.
Trade active
Trade closed manually:
Seems like we booked around good profit after our call, will publish new chart soon of BCHBTC.
Happy Trading
Happy Trading