Bitcoin Cash
Short

BCHUSD H8: Best level to BUY/HOLD 30% gains (SL/TP)(NEW)

486
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BCHUSD H8: Best level to BUY/HOLD 30% gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect short-term losses


🔸 Summary and potential trade setup
::: BCHUSD 8hour chart overview and outlook
::: we are still stuck in long-term trade range
::: since April 2020
::: buying low currently makes sense using tight SL
::: chart looks strong and more upside possible
::: locked in tight range 100 days
::: BEST RELOAD bulls: 198-200 USD
::: for bulls. look to buy into mild pullback
::: chart looks good strong overall though
::: strong pattern likely setting up for PUMP
::: re-test of 250/266 USD high probability now
::: TP bulls is 250/266 USD MAX
::: recommended strategy: BUY LOW 198-200 USD
::: SL fixed 190 USD
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment outlook short-term: BEARS/DIPS

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