BCH targeting $880. 100% chance. ๐
ืืขืืืื
No financial advice. DYOR. I was watching BCH for a while now. It looks to me, that we have a 100% up opportunity with a target at $880.
โข retraced from last high to 0.382 FIB level
โข 0.382 FIB was previous resistance
โข bounced up from previous resistance, so it flipped resistance to support
โข no daily close below previous resistance
โข trading slightly above EMA 50
Two potential trades:
a) Safe trade
Open: prices close above 430
SL: price close below 370
RR: 7.5
b) Gamble trade
Open: now
SL: price close below 370
RR: 16
Targets: 470/540/630/880 ish.
โข retraced from last high to 0.382 FIB level
โข 0.382 FIB was previous resistance
โข bounced up from previous resistance, so it flipped resistance to support
โข no daily close below previous resistance
โข trading slightly above EMA 50
Two potential trades:
a) Safe trade
Open: prices close above 430
SL: price close below 370
RR: 7.5
b) Gamble trade
Open: now
SL: price close below 370
RR: 16
Targets: 470/540/630/880 ish.
ืขืกืงื ืคืขืืื
I decided for the gamble version. Opened at 403.ืืขืจื
Target 1 reached.ืืขืจื
Target 2 reached. โ
ืืขืจื
Target 3 reached. โ
ืืชื ืืืชืืจ
ืืืืืข ืืืคืจืกืืืื ืืื ื ืืืืจืื ืืืืืช, ืืืื ื ืืืืืื, ืขืฆืืช ืคืื ื ืกืืืช, ืืฉืงืขืืช, ืืกืืจ ืื ืกืืืื ืืืจืื ืฉื ืขืฆืืช ืื ืืืืฆืืช ืฉืกืืคืงื ืื ืืืืฉืจืื ืขื ืืื TradingView. ืงืจื ืขืื ืืชื ืืื ืืืืืืืืช.