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BCHUSD D4: BEST Level to SHORT IT 30% gains(SL/TP)(NEW)

Short
COINBASE:BCHUSD   Bitcoin Cash / U.S. Dollar
BCHUSD D4: BEST Level to SHORT IT 30% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: BCHUSD D4 chart review/outlook
::: 30% correction incoming soon
::: massive rejection near range highs
::: furthermore ETHUSD failing near ATH
::: so limited upside in BCHUSD
::: expecting pullback/correction mode
::: re-test of mid range required for BULL RUN
::: so conservative target for BEARS
::: is 335 USD which is 30% downside
::: it's possible that price will re-test
::: near range lows (50% correction)
::: however base scenario is 30% correction
::: no valid setup for bulls here
::: TP BEARS is 335 USD
::: recommended strategy: SHORT IT / SHORT rips/rallies
::: ENTRY at market or below dashed line
::: SWING TRADE: SHORT HIGH TP 40% gains
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/335 USD
::: Sentiment outlook short-term: MAXED OUT/REVERSAL
FX/CRYPTO SCANNER/RESULTS/OVERVIEW/TELEGRAM
https://TAPLINK.CC/DARK000SOUL
BEFORE/AFTER ANALYSIS
https://THEPROJECTSYNDICATE.BLOGSPOT.COM/
CHANNEL TA/SIGNALS SL/TP
https://T.ME/THESYNDICATE001
DETAILED SCANNER RESULTS
https://TWITTER.COM/PRSYNDICATE001

Comments

Keep up the amazing work here!
200coins
Reply
ProjectSyndicate TheSignalyst
Reply
lol, shorting bch now. gl, i'll buy ur bags
+1 Reply
Don't you think it already broke up the accumulation range and will look for Higher High now?!
+1 Reply
@TradingOn, no. clean rejection (pinbar).
Reply
TradingOn ProjectSyndicate
@ProjectSyndicate, okay, because to me BCHBTC looks bullish so I wonder.
Reply
30% gain is reasonable for trade
+1 Reply
ProjectSyndicate DaweFXHunter
@DaweFXHunter, let's get it!
+1 Reply
Thanks for the detailed explanation.
+1 Reply
A great setup, like always.
+1 Reply
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