Trading plan: BCHUSD (Bitcoin Cash)
BCHUSD rate finishes its nosedive. Bears are still strong, but the bulls will win.
Today is not the most successful day for trading: it is too late to sell Bitcoin Cash and it is too early to buy it.
Priority of the day: neutral position on BCHUSD.
To all traders who hold a short position on Bitcoin Cash, we wish a big profit. And those who have not yet entered the market, we recommend waiting for the appearance of bulls.
Projected scenarios:
1. The BCHUSD rate will drop from $ 920 to $ 880.
2. The BCHUSD rate will rise from $ 920 to $ 1000.
An alternative scenario:
The BCHUSD rate will be in the flat for a couple of days.
Today is not the most successful day for trading: it is too late to sell Bitcoin Cash and it is too early to buy it.
Priority of the day: neutral position on BCHUSD.
To all traders who hold a short position on Bitcoin Cash, we wish a big profit. And those who have not yet entered the market, we recommend waiting for the appearance of bulls.
Projected scenarios:
1. The BCHUSD rate will drop from $ 920 to $ 880.
2. The BCHUSD rate will rise from $ 920 to $ 1000.
An alternative scenario:
The BCHUSD rate will be in the flat for a couple of days.
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