Watching BCH closely here for short- or longsetup

Ideally we will see a bounce or brake of the RSI trendline soon on Bitcoin Cash. Short or long on a retest of the line.
In the end the direction of Bitcoin will decide - Personally I am biased bullish: But with this setup it should be possible to let the price action decide ;-)

Comment:

So, looks like we are heading for the "Hospital" ;-) I am on for a target around 0.0732 0r in worst case 0.0692 if bears will get their uppe hand...

Comment:

Hold tight: If we brake 0.790 downwards there really won't be much resistance to the downside!

Trade active:

Tradesetup still valid - I would have anticipated a faster drop though...

Trade closed: target reached:

Short closed: Crazy crash this morning!!