Bitcoin Cash
Long
Updated

BCHUSD - NeXT $500-$700

808
BCH keeping an eye on $325, once its cleared we may see a move up to $500-$700.

This is not a Financial advise, just my thoughts.
Note
BCHUSD breaking out of $325. Looking at $346 and then $370 as first TP.
Note
BCHUSD: Both short term Targets Hit.

Next TP - $450 & $500.

I will add more if we get a pullback to $347 and $327.
Note
We had a correction after Wave 1 up and tested the 8EMA on Daily at $314, a wick below to $308 which was bought back up, still healthy. For the Bullish momentum to continue up, we should close the Daily candle above $326.

It's possible we come down and test 8EMA on the Weekly at $297 and a wick towards $285, then reverse up.
Note
Target $500+ hit, now a pullback to $435 would be healthy. Possibly a retrace to $375 and move to $$650 and then $800. I need to come up with a higher target and new chart ;)
Trade closed: target reached
Targets Hit. Closing this trade! Congrats if you took this trade!

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