kunal00

BITCOIN CASH -BCH flag breakout on all timeframes

Long
COINBASE:BCHUSD   Bitcoin Cash
BITCOIN CASH after its big run from 600 to 1600 has consolidated nicely in a flag pattern. Yesterday we had a classic remount pattern going where we flushed under the 9ema on the daily chart then broke back over. In our chat we longed that at 1315 and are looking for additional entries here on the 15minute chart.

Right now Intraday after the big spike to 1480 we have pulled back to intraday support and starting to hold above vwap.. if we can round up here we got a nice easy support at 1400 zone to use to manage risk. this setup is very powerful for momentum traders

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