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TaTaTaCrypto
Nov 6, 2023 9:04 PM

Bitcoin Cash (BCH) will move 40% if BTC moves Long

BCH Perpetual Futures ContractBinance

Description

Bitcoin Cash has been silent for a while. We all now what that means, when it wakes up - it gonna make some noice. Be prepared for a fast move!

If BCH reclaim the fib 0.382, and close above - It will take out a lot of candles to the left.

My idea is to enter at 247 and take profit at 344, (40% potential profit)!
You could use the up trending trendline as stop loss or adjust it to fit your risk tolerance.



Comments
AlloysK
Beautiful analysis
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