kyer

BCHUSD $482 Next LONG Target

Long
kyer Updated   
KRAKEN:BCHUSD   Bitcoin Cash
A quick update on BCH after it got rejected off of $435 for the 1st time. Bitcoin Cash has yet to see a candle close above $435 after hiting it for the 2nd time on the 4-hour time frame.

Bitcoin Cash is looking like (especially on smaller timeframes) that its going to close over this $435 weekly level going long towards $482 and beyond.

TP1 🎯 $482.50
TP2 🎯 $515.90
Comment:
A closer look on the 30-minute timeframe of BCH, just rejected off of $435 for the 2nd time and pulling back a bit before its going to try again to break through it for good this time. You can see the clear uptrend that its holding as well as the bullish momentum creeping back into play on the smaller timeframe

Trade closed: target reached:
BCH hit $482 to a Tee 🎯

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