P_S_trade

BCH. 3D. A break of $195 will open the way to $160.

Short
KRAKEN:BCHUSD   Bitcoin Cash / U.S. Dollar
An old BTC fork showed great promise in 2017. When it was worth $4,000, many predicted that sky-high growth would continue.
Now, BTH is trading around $225.

The volatility is low and it can be traded as a diversification asset.

From the level $195, the price has already been thrown up several times, but perhaps in order to sell more expensive.

If the price falls below $195, then the next target is below $160.

If everything is very bad on the crypto market, we would gladly buy this asset at $120.
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Comments

I’m bullish trying to short this is like jumping in front of a bus in my opinion
+1 Reply
is it good adea?
swap bch to bth
Reply
Great idea
Reply
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