River-crypto

BCH and the 3 the magic number

Short
BITFINEX:BCHUSD   None

3 oh its the magic number

I love charting BCH
Actually I feel like 9/10 BCH moves first in the market, and I like being ahead of the game ;)
Seems to me like we are currently in a WXY correction pattern, currently in wave Y, with the bottom near.
There are VERY BEARISH feels right now. I feel very positive about this strong downwards movement.
RSI overbought through the roof
Bearish divergents on both volume & RSI
HIGH % long positions
3 is actually my favourite number, always has been. The best things happen in 3's. Third time lucky. Three bags full
So this is why I will give you 3 short targets
SHORT TARGET #1 $492
SHORT TARGET #2 $393
SHORT TARGET #3 $333


After target number 3 I expect to see a BIG movement in a bullish way.




Making charts to buy wine and pay for surfboard repairs. #nofinancialadvice
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.