Trading plan: BCHUSD (Bitcoin Cash)
The BCHUSD rate is still in flat.
Priority of the day: neutral position on BCHUSD.
We stick with our forecast of a small increase in the Bitcoin Cash rate to $ 800. We do not plan to open any deals today, as the market is weakly volatile and uncertain.
Projected scenarios:
1. The BCHUSD rate will rise from $ 700 to $ 800.
2. The BCHUSD rate will drop from $ 700 to $ 600.
An alternative scenario:
Our backup plan is to wait for the best situation for Bitcoin Cash in the flat until the end of the day.
Priority of the day: neutral position on BCHUSD.
We stick with our forecast of a small increase in the Bitcoin Cash rate to $ 800. We do not plan to open any deals today, as the market is weakly volatile and uncertain.
Projected scenarios:
1. The BCHUSD rate will rise from $ 700 to $ 800.
2. The BCHUSD rate will drop from $ 700 to $ 600.
An alternative scenario:
Our backup plan is to wait for the best situation for Bitcoin Cash in the flat until the end of the day.
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