Alteroc

BCH - Ascending triangle - Objective 0.618 fib at $1,100

Long
Alteroc Updated   
BITFINEX:BCHUSD   None
Dear all,

I'm entering BCH USD in a long setup.

I think all indicators have room to grow, current pattern (ascending triangle) is bullish.

As always BTC will rule on the market but since I'm now bullish for one or 2 legs up onBTC I think it's the opportunity for other USD pairs to rise as well.
USD pairs not BTC paris ;)

My target is the 0.618 retracement of the past macro move downward.
Stop loss below support, RR ratio is 4.74, quite interesting.



All the Best from the Crypto Space
Alteroc


Not a Financial advise, be a better trader tomorrow than you are today by DYOR
If you liked the idea press the like button :)
Comment:
Intermediary target is EMA 100/ fib so $900
Trade closed: stop reached:
Stopped out with BTC blood bath.
Let's see if it double bottoms.
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