DecentralizedTraders

BITCOINCASH IS ON FIRE! (BCHUSD)

Long
KRAKEN:BCHUSD   Bitcoin Cash
Hello guys!

How was your trading weekend? I hope you made some profit$$$.


Bch has been moving very impulsively the whole weekend, giving us nice some nice opportunities to make profits.


Where is BCH now? well, what I am seeing is that Bitcoin Cash is making a pause (wave4) to breath and keep pushing higher a little bit more to around the $650 area and finish the impulse (wave5). It could push even higher to around $700 (less likely).


TRADING SET UPS:

Buy zone: $586 area

Profit: $650 area

Stop: I would move the stop to "Break even" as soon as the tradre goes in your favour.


This would be invalidated if BCH moves impulsively to the downside.


And remember! you pull the trigger! you are the responsoble one! this is not financial advice, these are just my views of the market moves and trading style!!


PLEASE! SHARE, LIKE AND COMMENT!


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