BCHUSD-BUY strategy

Personally am not in favor of these asset classes. Reason simple, BCHUSD started arou8n $ 4,800 and collapsed, and then from around $ 200 it moved towards $ 1,800 snf then back down again $ 100 area, and now near $ 300 etc.

You need very deep pockets to trade these no doubt.

Technically, we corrected a little bit (not a lot) from $ 300 area to low $ 270. The 4-hourly seems basing, and we may see another run upwards to $ 310 I feel.

Strategy is BUY @ $ 275 and take profit @ $ 300 for now. Stop-loss below $ 260 I think


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