BTCUSD Can we see lower?

As long as between 8,653.88 and 9,755.53, I expect choppy moves before resolution to the downside or upside. Now, there are times when the best position is flat and stay out of the market.

Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 29/04/2018-05/05/2018, I propose BCHUSD

Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.

Comment:

Was doing my daily video, so I had another look at the 1h chart and it has changed.
was expecting leading diagonal but the acceleration to the downside denied the view. So I changed :-).
View unchanged though

As I always say, there are many different counts possible, and the more you zoom in lower time frame, the more options you have. So at the end, the count does not really count and what matters is the direction.