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MambaCoin
Mar 20, 2019 9:05 PM

BCH bottoming Long

Bitcoin Cash / U.S. dollarBitstamp

Description

While most of the major cryptos are still trading in a range, there are still a few that peaking above the Feb 24 highs. LTC flag out as predicted and continues to move higher. BCH also now playing with the Feb 24 high on volume.

A potential setup could be long break of Feb 24 high (158) on volume with stop at 120 and a target of 239. To improve the risk / reward i would use definitive close below the 50 moving average as a stop.

Any thoughts or comments are welcomed!
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