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Bitcoin Cash
Short

Short on BCH

By Smoak
In terms of risk/reward it is a short. A stop above the 170 level gives us a clear exit to minimize losses (you could wait and see if it heads up there before entering short). This is more a trade based on risk/reward. I wouldn't be completely surprised if BCH breaks up but until then its clearly a short.
Chart PatternsTrend Analysis
Smoak

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