BCHUSDTIt's a good idea to make money. The first option with a stop loss is for the short term. 522 is a good level for securing the shorts. The rest is at your discretion. Extreme gains above 1.618 will lead to a deeper correction. Good luck.
At the moment, the correction is being formed due to the shape of a cup with a handle. Form the handle down. Be careful. Then rise up.