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ProjectSyndicate
May 31, 2022 8:10 AM

BCHUSD D1: 200% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW) Long

Bitcoin Cash / United States DollarCoinbase

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BCHUSD D1: 200% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: BCHUSD DAILY/candle chart review
::: HIGHER RISK SETUP USE TIGHT STOP LOSS
::: further losses short-term
::: expect BEARS to target 146/116 USD
::: however strong REVERSAL after correction
::: setup still valid as of today
::: chart is LOG SCALE
::: get ready to BUY LOW later near 146/116 USD
::: BUY LOW near 146/116 USD using tight SL
::: currently correction in progress / no upside
::: dump until after FED (16th June)
::: for now stay out / wait for better entry price
::: up to 200% gains possible later
::: short-term pullback/correction
::: is possible / likely
::: however chart looks good for REVERSAL PLAY
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +200% gains
::: details: see chart
::: FINAL TP is +200%
::: recommended strategy: BUY/HOLD 146/116 USD
::: TP BULLS +200% gains final exit 465 USD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/STRONG REVERSAL
::: Sentiment short-term: CORRECTION/146/116 USD

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comments
Artem_Dishel
Cool setup!
ProjectSyndicate
@Artem_Dishel, good deal
AlanSantana
Great. We are also bullish on Bitcoin Cash but with leverage.

ProjectSyndicate
TheSignalyst
looking good so far gentleman! keep these coming. only few post about BCH
ProjectSyndicate
@TheSignalyst, perfect buddy
Investroy
“Nothing can stop me, I’m all the way up🚀”
ProjectSyndicate
@Investroy, +++++
MonoCoinSignal
Agreed👍🏻
ProjectSyndicate
@dr_ross, good deal buddy
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