#BCH/USD Bullish AF After Halving!
Hello everyone in my new update.
I will keep it very short and simple.
#BCH/USD looks very Bullish at the moment you can clearly see in the chart that it is trying hard to break above the 50D MA and it already broke above the falling wedge pattern. After Halving on April 8th 2020 It was downtrending and eventually showing a bullish reversal now.
This is a high reward trade IMO, I'll buy the retest.
Targets are shown in the chart:-
Target1: $252.40
Target2: $280.83
Target3: $345.50
Stop Loss: $204
Entry: The green Zone, I won't write it here lol, observe the chart. :)
Indicators like MACD RSI All pointing towards nullish momentum.
Let's see how it goes.
Stay tuned and please hit that like button if you think my ideas could help the community.
Thanks
PPEACE
I will keep it very short and simple.
#BCH/USD looks very Bullish at the moment you can clearly see in the chart that it is trying hard to break above the 50D MA and it already broke above the falling wedge pattern. After Halving on April 8th 2020 It was downtrending and eventually showing a bullish reversal now.
This is a high reward trade IMO, I'll buy the retest.
Targets are shown in the chart:-
Target1: $252.40
Target2: $280.83
Target3: $345.50
Stop Loss: $204
Entry: The green Zone, I won't write it here lol, observe the chart. :)
Indicators like MACD RSI All pointing towards nullish momentum.
Let's see how it goes.
Stay tuned and please hit that like button if you think my ideas could help the community.
Thanks
PPEACE
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