Trading plan: BCHUSD (Bitcoin Cash)
The BCHUSD rate is fixed below $ 740.
Priority of the day: BCHUSD rate dropping to $ 660.
Bears are strong. We expect that the Bitcoin cash price decline will be small, and then the bulls should take the market into their own hands.
Projected scenarios:
1. The BCHUSD rate will decrease from $ 740 to $ 660.
2. The BCHUSD rate will not go anywhere today, it will be in lateral movement.
Alternative scenario:
There is always the possibility of the unexpected appearance of large buyers of Bitcoin Cash, who can raise its price to $ 850.
Priority of the day: BCHUSD rate dropping to $ 660.
Bears are strong. We expect that the Bitcoin cash price decline will be small, and then the bulls should take the market into their own hands.
Projected scenarios:
1. The BCHUSD rate will decrease from $ 740 to $ 660.
2. The BCHUSD rate will not go anywhere today, it will be in lateral movement.
Alternative scenario:
There is always the possibility of the unexpected appearance of large buyers of Bitcoin Cash, who can raise its price to $ 850.
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