Chart says it all. No need to explain much. BCHUSDT is approaching a major level of support with big bearish momentum since
RSI is also oversold. That is, if BCHUSDT 4 hr candlestick closes below the green support zone, then we enter the short trading
as shown in the diagram.
Entry: 374 USDT (Only if 4 hour candlestick closes below the support zone)
Target 1: 373 USD (5% profit)
Target 2: 317 USD (14% profit)
Target 3: 287 USD (22% profit)
Target 4: 264 USD (28% profit)
STOP LOSS: if any 4 hour candlestick close above 390 USD then manually exit
Max leverage: 3x
Good Luck
RSI is also oversold. That is, if BCHUSDT 4 hr candlestick closes below the green support zone, then we enter the short trading
as shown in the diagram.
Entry: 374 USDT (Only if 4 hour candlestick closes below the support zone)
Target 1: 373 USD (5% profit)
Target 2: 317 USD (14% profit)
Target 3: 287 USD (22% profit)
Target 4: 264 USD (28% profit)
STOP LOSS: if any 4 hour candlestick close above 390 USD then manually exit
Max leverage: 3x
Good Luck
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.