[BCHUSDT] Bitcoin Cash vs Tether [820% PP]

Bitcoin Cash (BCH) is no exception, support is being established at the same prices as before 2017 cryptocurrency market bull run. So after a 100% retrace, nothing left to sell since all gains have been wiped, Bitcoin Cash is ready to move again.

Let’s take a look at the chart, later on we can trade:

• We’ve tested the 2017 support, from which level all altcoins are bouncing (yellow square + brown line on chart).
  
• MACD uptrend since February 2018.
  
• RSI is in an uptrend since August.
  
• All gains removed from last years bull run and consolidation taking place to start a new wave up.
  

Closer look:

• When we take a closer look, we can spot additional signals.
  
• You can see a big increase in volume, marked by the big green volume bars on the chart.
  
• We have two reversal bullish candles each time support zone is touched (hammer and doji).
  
• It can take several days, to weeks, for BCHUSD/USDT to move.
  

Let’s trade!



Trade instructions for Bitcoin Cash (BCH) vs Tether (USDT)

Buy in: $411 – $430

Targets for Bitcoin Cash (BCHUSDT) by Alan Masters:

(1) $500
(2) $560
(3) $600
(4) $660
(5) $740

Stop loss: Close weekly candle below $400.

Capital allocation: <20%.



ALAN MASTERS TRADES

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And many, many, many winning altcoins trades.

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Comment:

Targets for Bitcoin Cash (BCHUSDT) by Alan Masters:

(1) $500 – Target hit (+19%)
(2) $560 – Target hit (+33%)

Comment:

Over 40% profits when we hit our third target.
Targets for Bitcoin Cash (BCHUSDT) by Alan Masters:

(1) $500 – Target hit (+19%)
(2) $560 – Target hit (+33%)
(3) $600 - Target hit 6-Nov. (+43%)