BCHUSD grows in price. It our opinion, it is too early to think about serious purchases.
The priority of the day: sales BCHUSD with the target of $1470.
As we stated before, Bitcoin Cash rate will narrow down in the Triangle shape. The days of the broad flat are ahead of us where both purchases and sales of BCHUSD are possible.
Projected scenarios:
1. Sell BCHUSD near $1720. Sales target of BCH is the level $1470.
2. BCHUSD will reduce its volatility today or tomorrow and we can expect slow price fluctuations.
An alternative scenario:
Buying BCHUSD from the level of $1700 to $1800. A small target for BCHUSD purchase is possible. But we believe in the power of bears.
The priority of the day: sales BCHUSD with the target of $1470.
As we stated before, Bitcoin Cash rate will narrow down in the Triangle shape. The days of the broad flat are ahead of us where both purchases and sales of BCHUSD are possible.
Projected scenarios:
1. Sell BCHUSD near $1720. Sales target of BCH is the level $1470.
2. BCHUSD will reduce its volatility today or tomorrow and we can expect slow price fluctuations.
An alternative scenario:
Buying BCHUSD from the level of $1700 to $1800. A small target for BCHUSD purchase is possible. But we believe in the power of bears.
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.
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.