$BCH #BCH 🚀
Direction: LONG
Entry zone: 281.77 to 282.89
Stop loss: 278.10
Target 1: 287.98
Target 2: 292.21
Bitcoin Cash is trading near 282.33 dollars, up 4.71 percent in 24 hours, inside a range of 265.91 to 285.19, and the recent closes show a push that held, 280.53, then 279.93, then 282.58, then 282.33. 📈 My reading is that BCH fits the Bitcoin led bounce, because it rose as Bitcoin reclaimed 80,000 and held near its range high instead of fading back toward 265.91. A long from the current zone, with a stop below 278.10, targets 287.98 first and then 292.21 if buyers push through the range high. A fall below 278.10 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Bitcoin Cash rise to 287.98 first, or fall below 278.10? 🤔
Follow for more trades.
#BCH #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 281.77 to 282.89
Stop loss: 278.10
Target 1: 287.98
Target 2: 292.21
Bitcoin Cash is trading near 282.33 dollars, up 4.71 percent in 24 hours, inside a range of 265.91 to 285.19, and the recent closes show a push that held, 280.53, then 279.93, then 282.58, then 282.33. 📈 My reading is that BCH fits the Bitcoin led bounce, because it rose as Bitcoin reclaimed 80,000 and held near its range high instead of fading back toward 265.91. A long from the current zone, with a stop below 278.10, targets 287.98 first and then 292.21 if buyers push through the range high. A fall below 278.10 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Bitcoin Cash rise to 287.98 first, or fall below 278.10? 🤔
Follow for more trades.
#BCH #Crypto #FuturesTrading #TradingSignals
