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BCHUSD trade ideas

BchWhat a great trade. Poste about this whole Bch was at 608$ started buying here. An Hour later it ripped to 661 where if w brok that targeted move 850 I added more even thou it seemed extended a bit that was the plan. It was a great move. It’s hard to say if it’ll keep running from here straight to target. I pulled a few FIB levels we have 732 and 773 before hittinf 855$. If we pull back suppor it’s 711 and 657 It is extended but I cannot say if it’ll rip right to the tarhet or pull back. It’s def a monste but striaght up runs can result in a decent pull backs. So be cautious if buying up here. Our next key resitamce is 808$ that was that last peak we can see here clearly on the chart so best thing I see is we stall out there
KRAKEN:BCHUSD
by Erictaylor
☑️BCHUSD: entering the SELL-phaseBitcoin Cash is trading at $587 . There are clear signs of a bearish trend on BCHUSD. As part of the Bitcoin Cash forecast, an approach to the level of $552.85 is expected. Where, most likely, we should expect an attempt to continue the fall in BCHUSD and the further development of the downward trend. 🔔 Proposed deal for this tool 🔔: 🔴Entry Point - 591.70 ⛔️Stop Loss - 607.31 ✅Take Profit - 557.87 Thanks for your comments and likes 👍
COINBASE:BCHUSDShort
by TradePlus-Fx
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