Well, my previous analysis on the BCH ascending triangle did not work out, but I can at least blame Covid and a liquidity crisis.
Pretty clear ascending triangle on BCH, which is fairly buyable on this trend or at breakout for a target around $340, which will be a 40-45% move up. Tight stop loss below the descending triangle, but not too tight so you don't get stopped out.
Great work. I think it could go higher than any reasonable prediction. $2500 is back as a target in my mind, regardless of BTC price moves.
bireratilla
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I got cucked really hard yesterday being stop hunted at 214. Well done with the 200 stop loss. Also great analysis, what is your target? I set my sell order to 300.