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Short

BCHUSD daily chart: 50% upside final pullback now(NEW)

COINBASE:BCHUSD   Bitcoin Cash / U.S. Dollar
BCHUSD daily chart: 50% upside final pullback now(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT, because I expect final
pullback before 50% gains later.

🔸 Summary and potential trade setup
::: BCHUSD daily chart review
::: heavy resistances overhead
::: upside limited short-term
::: expecting 10% mark down to price
::: recommended strategy: short RIPS/RALLIES
::: HOWEVER bullish mid-term after pullback
::: triangle breakout pending
::: 50% upside after pullback
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook short-term: BEARISH
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Comments

BCH is about to EXPLODE Higher
+1 Reply
Nice analysis but going from 240 up to 315 is 30% gains not 50%. Can you elaborate?
+1 Reply
great analysis, thanks for sharing
Reply
nice work
Reply
great analysis
Reply
Great anaylsis :)
Reply
Great analysis!
Reply
ProjectSyndicate Antonio_trader
@Antonio_trader, thank you!
Reply
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