lewistz

BCH showing signs of life

Long
BITFINEX:BCHUSD   None
BCH/USD pushing above range bound top of 642. Up to 667 and bounced a short term support level of 650ish. I think we are on are way up here. Probably missed optimal trade entry point at 645 or so. I would wait and see if we get another hit on 650 and bounce back up to go long. It looks good, just have to find the right level to get in and decide proper stop-levels, maybe around 640.
Trade active: This has been a good trade. Now trading at 799. We will probably see a pullback to 750 level soon, but certainly long still looks strong.

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