Trading plan: BCHUSD (Bitcoin Cash)
The BCHUSD rate was supported by buyers at $ 670.
Priority of the day: neutral position on BCHUSD.
We are out of the market today because it is dangerous to sell Bitcoin Cash after such bull impulse, and it is too early to buy.
Today we expect the growth of Bitcoin Cash rate to $ 800.
Projected scenarios:
1. The BCHUSD rate will rise from $ 745 to $ 800.
2. The BCHUSD rate will drop from $ 745 to $ 640.
An alternative scenario:
Flat is quite possible for Bitcoin Cash for the rest of the day.
Priority of the day: neutral position on BCHUSD.
We are out of the market today because it is dangerous to sell Bitcoin Cash after such bull impulse, and it is too early to buy.
Today we expect the growth of Bitcoin Cash rate to $ 800.
Projected scenarios:
1. The BCHUSD rate will rise from $ 745 to $ 800.
2. The BCHUSD rate will drop from $ 745 to $ 640.
An alternative scenario:
Flat is quite possible for Bitcoin Cash for the rest of the day.
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