BCH long - one more pump!
Updated
BCH in a falling wedge , 1, 2, 3 and 4 hour RSI's seem ready to make a comeback.
However, with SO much hype around this coin, RSI's aren't true indicators of future price movement.
For day trading, i would buy at 1000 if we dip back down.
Take profit around 1200 short term or HODL if there's another bull run.
As always, make sure TA tools are on your side, don't blindly buy in at those prices.
* Don't be an idiot like me, cash out money for each ~20% it grows.
Note: if we break first support @890, this coin's going all the way down to hell.
For investing, wait for a dip to 900- support levels or buy in at 1050 if risky and wait for the next pump.
Good luck!
However, with SO much hype around this coin, RSI's aren't true indicators of future price movement.
For day trading, i would buy at 1000 if we dip back down.
Take profit around 1200 short term or HODL if there's another bull run.
As always, make sure TA tools are on your side, don't blindly buy in at those prices.
* Don't be an idiot like me, cash out money for each ~20% it grows.
Note: if we break first support @890, this coin's going all the way down to hell.
For investing, wait for a dip to 900- support levels or buy in at 1050 if risky and wait for the next pump.
Good luck!
Trade closed: target reached
Short term goal reached; Taking half of invested money out.
Leaving half for the long term.
Trade closed: stop reached
Doesn't seem like there is any sort of pump happening so far, bch market cap still low and 1,2,4 hour RSI's are falling. Bollinger bands and RSI hint at a possible downwards explosion, and with BCH so volatile, I can't predict whether or not it will happen, so for now I'm taking my profits and waiting out the storm.
Trade closed: target reached
target reached, take profit.
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