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BCH - Ascending triangle - Objective 0.618 fib at $1,100

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Dear all,

I'm entering BCH USD in a long setup.

I think all indicators have room to grow, current pattern (ascending triangle) is bullish.

As always BTC will rule on the market but since I'm now bullish for one or 2 legs up onBTC I think it's the opportunity for other USD pairs to rise as well.
USD pairs not BTC paris ;)

My target is the 0.618 retracement of the past macro move downward.
Stop loss below support, RR ratio is 4.74, quite interesting.



All the Best from the Crypto Space
Alteroc


Not a Financial advise, be a better trader tomorrow than you are today by DYOR
If you liked the idea press the like button :)
Not
Intermediary target is EMA 100/ fib so $900
İşlem kapandı: durdurma seviyesi
Stopped out with BTC blood bath.
Let's see if it double bottoms.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.