Trading plan: BCHUSD (Bitcoin Cash)
The BCHUSD rate rose in value. The volumes for the purchase of Bitcoin Cash are average.
Priority of the day: buy BCHUSD with a target of $ 1100.
It is better to look for an entry point to buy Bitcoin Cash after its correction to the zone: $ 950 - $ 900.
Projected scenarios:
1. Buy BCHUSD from $ 950 to $ 1100.
2. BCHUSD rate may rise to $ 1100 without rollback.
An alternative scenario:
BCHUSD rate may fall from $ 1010 to $ 860. Bears do not sleep. Therefore, we will closely monitor the behavior of the Bitcoin Cash price near the $ 950 level. If the volumes for Bitcoin Cash sale are significant, we will refuse to purchase it.
Priority of the day: buy BCHUSD with a target of $ 1100.
It is better to look for an entry point to buy Bitcoin Cash after its correction to the zone: $ 950 - $ 900.
Projected scenarios:
1. Buy BCHUSD from $ 950 to $ 1100.
2. BCHUSD rate may rise to $ 1100 without rollback.
An alternative scenario:
BCHUSD rate may fall from $ 1010 to $ 860. Bears do not sleep. Therefore, we will closely monitor the behavior of the Bitcoin Cash price near the $ 950 level. If the volumes for Bitcoin Cash sale are significant, we will refuse to purchase it.
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