Bitcoin Cash Price in Symmetrical TriangleBitcoin cash BCH price is moving in triangle you can buy here at the trend line support with stop loss below 7%
Bitcoin cash price also holding 100 EMA support on 2 hour time which is really good sign
Long : 485 below
Stop : 450
Target : 500 , 530 , 580 , 640
BCHUSDTPERP
BCH/USDTPERP 2H (Binance) Falling wedge about to break-outBitcoin Cash is having a very similar pattern vs USDT, plus the channel support looks like it's holding.
So it could be a good Long opportunity as well, we are operating it in Binance Futures Tournament, set-up:
Buy Entry= 222.96 - 219.76
Take Profit= 229.96 | 239.56 | 254.76
Stop Loss= 212.76
Risk/Reward= 1:1 | 1:2.12 | 1:3.88
Expected Profit= 38.90% | 82.20% | 150.90%
Possible Loss= -38.90%
Margin Leverage= 10x