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BCHUSD H8: Best Levels TO SELL/BUY 15%/25% gains(SL/TP)(NEW)

Short
COINBASE:BCHUSD   Bitcoin Cash
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BCHUSD H8: Best Levels TO SELL/BUY 15%/25% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
losses before reversal / BULLS later.


🔸 Summary and potential trade setup
::: BCHUSD 8hour/candle chart review/outlook
::: tagged SHORT because it's BEARISH short-term
::: mid/long-term BULLISH OUTLOOK
::: heavy resistance at 245 USD
::: strong chart bullish outlook
::: short-term more downside expected
::: 245 confirmed resistance will fail here
::: expecting a 15% correction to follow
::: to complete the bear sequence now
::: BULLS should get ready to BUY DIPS
::: we are setting up for a strong move
::: within next few weeks max
::: recommended strategy: BUY LOW 210 USD
::: TP BULLS is 245/265 USD 25%+ gains
::: SWING trade setup / no fast gains here
::: BUY/HOLD / do not expect miracle gains
::: SL is 3% max
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS/PRZ/REVERSAL
::: Sentiment outlook short-term: BEARS

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