Trading-Guru

BCH/USD Great Buy Opportunity in Parallel Ascending Channel

Long
Trading-Guru Updated   
COINBASE:BCHUSD   Bitcoin Cash
When looking at a pair that has a positive bullish momentum, we get the risk of entering out of FOMO.

Make sure that you don't enter when the price is really high and hasn't retraced yet. For instance, keep an eye on the RSI and don't buy when it's above ~70.

Here in this parallel channel we can see that currently we have a nice opportunity for a buy, because the price is reaching the bottom support line of the channel.

This is a great moment to enter Bitcoin Cash in this bullish market.

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!

Trade closed: target reached:
What a fantastic trade!


Congrats everyone who participated with me in this trade.

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(bắt đầu từ tháng 2 - 2023)
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