EmpowerTrader
Short

Bitcoin Cash Surged on Hard Fork News

BITFINEX:BCHUSD   None
Bitcoin Cash surged by 30% in 48 hours after good news coming of exchanges and wallets regarding a hard fork on November 15. Nevertheless, there are no catalyst going head for Bitcoin cash as the bearish market is still on.

Trade Step-ups:

Bearish Reversal: Price rejects a breakout from current bearish trend , look for a swing to the bottom level of the trend. Profit level to look for are 410.00.

Bullish Breakout: Price breaks current trend, look for consolidation above 620.00.
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