Hi dear friends, hope you are well and welcome to the new update on the Bitcoin Cash coin.
On the long-term weekly time frame chart, the priceline of BCH is completing the formation of bullish Cypher pattern and soon it will be entered the potential reversal zone There is also 25 SMA in the potential reversal zone and 100 AND 50 simple moving averageS supports below the buying zone.
this trade has a profit possibility of 109%, and the loss possibility is 23%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On the long-term weekly time frame chart, the priceline of BCH is completing the formation of bullish Cypher pattern and soon it will be entered the potential reversal zone There is also 25 SMA in the potential reversal zone and 100 AND 50 simple moving averageS supports below the buying zone.
this trade has a profit possibility of 109%, and the loss possibility is 23%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
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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.
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.