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BCCUSDT- Without Correction means More Risk

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Bitcoin Cash has two scenarios .
First scenario is to complete the bullish wave and reach the last target 1560 $
Second scenario is to start correction now . I used Fibonacci levels and marked correction levels all in red lines.
Of course , It is not necessary to pass and correct on each level in red .
On the daily chart and four hours chart I used indicators Bollinger Bands , RSI and Price Oscillator . I can see that, price reached overbought level . I decline more for correction . More bullish without correction means more risk and big dump .
If you like scalping be aware and activate Stop - lose .
I wish all traders good luck .
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.


註釋
Bitcoin Cash has chosen first scenario and stopped exactly at 1560 $.
Very risky to scalp now . Correction should start now .
註釋
We are on the right way . All corrections come exactly on Fibonacci red lines .
I think we may go more down to level 1179$
Be careful while trading - Stop lose is very important to activate .
交易結束:目標達成
All targets done . Congrats (:

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