Long
Bitcoin Cash Ascending Triangle Breakout (BCH/USD)
Through multiple attempts to breakout of its long consolidation inside of the ascending triangle, BCH has finally broken out of the resistance line with apparent volume. If you are looking to enter BCH, a strategic entry would be when BTC begins to fall or descend from a peak.
Target: 2100
Time Frame: 5 Days
Target: 2100
Time Frame: 5 Days
Trade closed: target reached
Reached the target exactly where I placed the green flag. Well done everyone. Look to buy the dips for another wave.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.