jovani7919

BCH/USD: Keep an eye out for Breakout. + Signals forming.

jovani7919 Uppdaterad   
COINBASE:BCHUSD   Bitcoin Cash
Bullish Divergence and reversal Ascending Triangle forming on the RSI.
BCH has been on a downtrend since it's addition to coinbase/gdax.

It'll all depend on how BTC acts around these levels of $8500-8900.

Buy on a confirmed breakout for a quick 10% profit.
Kommentera:
Stop Loss $905
Kommentera:
Other scenarios to watch out for.

Kommentera:
We got a break-out. Now lets just hope BTC trades at 8740-9200 to maintain upward momentum. BTC breaking $9200 should have BCH breaking 1092 or 1125.

Stop loss $998

Kommentera:
Congrats to those who followed this for a quick 8%+ profit. I don't update BCH much so if you would like to know the direction of the market follow my BTC post as BTC is the king pin of the chart print-outs and direction.

Don't let the lack of composure make your trading decisions.

Kommentera:
Target hit perfectly. If all goes good next target $1094-1107


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