Trading plan: BCHUSD (Bitcoin Cash)
BCHUSD is in the lateral movement. The resistance zone: $ 1020 - $ 960 was a serious obstacle to the Bitcoin Cash growth rate.
Priority of the day: growth of BCHUSD rate with a target of $ 1100.
Bitcoin Cash is now moving on small volumes, so the victory of bears is possible.
Projected scenarios:
1. The BCHUSD rate will rise from $ 1000 to $ 1100.
2. BCHUSD may not exit the lateral movement today.
Alternative scenario:
BCHUSD can drop from $ 1000 to $ 900. We remember that the trend is still bearish.
Priority of the day: growth of BCHUSD rate with a target of $ 1100.
Bitcoin Cash is now moving on small volumes, so the victory of bears is possible.
Projected scenarios:
1. The BCHUSD rate will rise from $ 1000 to $ 1100.
2. BCHUSD may not exit the lateral movement today.
Alternative scenario:
BCHUSD can drop from $ 1000 to $ 900. We remember that the trend is still bearish.
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