Blockchain_rekt

/!\ BCH about to breakout /!\ very positive signs

Long
Blockchain_rekt Updated   
BITFINEX:BCHUSD   None
Despite the war still going on between BTC and BCH, short term I am bullish on BCH.
This could correspond with a top hit at 9k on BTC then pause/correction, which could favor BCH.
-> Wait for the confirmation signs presented on the chart (1 volume, 2 confirmation in % and time)...
---> then take profit or hold for LT profit until BTC shows new uptrend signs.

At the moment BTC seems a little extended (too high vs. market) and this could distribute soon, be ready.

Good luck all on your trades.

Be wise in your trades.
Trade at your own risks...
Trade active:
We're in my friends. Whose ready to hit $2000?
-> already a good 20% profit since the breakout's confirmation.
Take profits gradually between $1500 and $2000.
Keep going !
Trade closed manually:
We've been back in the buy zone.
With good support.
I'll poste a new trade on BCH rapidly.
Have a nice day!
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.