Zerene

Bitcoin Cash (BCH) Buy Zone

Long
BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
Bitcoin Cash (BCH) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Neutral

Risk : Medium

With the bigger picture remaining bullish, the shorter time frame picture has become pretty grim for the bulls. Currently ranging at around $290, Bitcoin Cash has reached the major long-term support we've been forming for the last 3-4 days and one that when broken trend-line will determine where we'll be heading to all targets for the next two weeks.
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$BCH/USDT LONG SETUP
Leverage : x3 - x5

Entry Price : 270 - 295

TP 1 : 304
TP 2 : 317
TP 3 : 331
TP 4 : 360
TP 5 : 384
TP 6 : 405
TP 7 : 431
TP 8 : 472.5

Stop Loss : 244

*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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