$BCH is at 280.4000 today and I am passing on it completely
Volume is sitting at 0.7x average so nobody is backing this push
Price is 3.0 percent off the 7 day high of 289.1000 with zero real weight behind it
I want to see an hourly close and hold above 284.6000 before I care
Or a proper pullback that holds 271.8000 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $BCH here, or waiting for 271.8000?
#BCH #RiskManagement
Volume is sitting at 0.7x average so nobody is backing this push
Price is 3.0 percent off the 7 day high of 289.1000 with zero real weight behind it
I want to see an hourly close and hold above 284.6000 before I care
Or a proper pullback that holds 271.8000 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $BCH here, or waiting for 271.8000?
#BCH #RiskManagement