BCHUSDT Perpetual Contract
Short
Updated

BCH (short)

197
trend is overall bearish. 16H 200 SMA acting as resistance
oB on daily tapped
bearish divergence on 30m

(already took most of the profits out on the intraday move but willing to see where this will go with the smaller position I am still holding)

got more levels to the upside if this breaks.
this is also the 50% retrace from the range on the Daily
:)
Note
As you can see I was a little early on this one. It eventually made another range deviation at a value area high.

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