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breakoutfakeout

Still holding and adding to BCH

Long
Bitcoin Cash (COINBASE:BCHUSD)  
breakoutfakeout Updated   
COINBASE:BCHUSD   Bitcoin Cash
Trend Analysis Chart Patterns Technical Indicators BCH BCHUSD BTCUSD
6
4
trendanalysis chartpattern indicator bch bchusd btcusd
Nice support at 273 no reason to be afraid of the parabollic move when adding
Comment:
Imo most likely outcome at these levels is a period of consolidation sideways with some dip buying opportunities
Comment:
snapshot

When you see these types of lines after a big uptrend it normally means a range is in play. Expect it to chop between 250 and 350 for a while
About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




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