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Short

BCHUSD D1: Topped out / 25% correction NEXT UP(NEW)

COINBASE:BCHUSD   Bitcoin Cash / U.S. Dollar
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BCHUSD D1: Topped out / 25% correction NEXT UP(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: BCHUSD D1 chart review
::: booted from heavy resistance zone
::: upside limited short-term
::: Bulls died once again
::: Expecting mild final PUMP
::: and then we switch into CORRECTION MODE
::: Probably end of June 2020 it starts
::: 25%-30% correction still valid
::: we proceed to sell off soon
::: recommended strategy: short RIPS/RALLIES
::: TP bears is 30% gains / 190/195 USD
::: don't get caught up cause crypto is
::: setting up for correction right now
::: good luck traders
🔸 Supply/Demand Zones
::: fresh demand/supply: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook short-term: BEARISH
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Comments

BCHUSD H16: XABCD bears: alternative setup(NEW).
+1 Reply
Great work with consistency!
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Keep it up, great work!
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ProjectSyndicate Antonio_trader
Reply
Very professional work...
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ProjectSyndicate HDFX-Trading
@HDFX-Trading, thank you. appreciate it.
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