Trading plan: BCHUSD (Bitcoin Cash)
The rate of BCHUSD bounced from the level of $ 1200. We plan to sell Bitcoin Cash after its rate will fix below $ 1150, with a target of $ 1070.
Priority of the day: neutral position on BCHUSD.
Right now, selling Bitcoin Cash is risky: even the upward movement is not over.
Projected scenarios:
1. BCHUSD rate will enter the lateral movement.
2. The rate of Bitcoin Cash can immediately fall to $ 1070.
An alternative scenario:
The BCHUSD rate can rise from $ 1150 to $ 1300. That's why we are still waiting, we are watching cryptomarket.
Priority of the day: neutral position on BCHUSD.
Right now, selling Bitcoin Cash is risky: even the upward movement is not over.
Projected scenarios:
1. BCHUSD rate will enter the lateral movement.
2. The rate of Bitcoin Cash can immediately fall to $ 1070.
An alternative scenario:
The BCHUSD rate can rise from $ 1150 to $ 1300. That's why we are still waiting, we are watching cryptomarket.
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