Bitcoin Cash on a war path now trading over $800
177% gains in 3 days on massive volume
5 min time frame, we see the bounce off the pivot and forming of a v Bottom
4 hour time frame has run out of near term resistance lol
Bitcoin Weakness is driving this rally in BCH
I really can't recommend an entry or exit if you are not still in this thing. I have taken profits along the way, now this is mostly House Money in the trade - a free play. If you want to chase it you must wait for a pullback and consolidation.
High Risk Trade: Enter here walk a loose stoploss up as the price appreciates.
Trade: Wait for a cooling off and to see the price maintain a range, you would be looking for price consolidation and/or a bull flag or pennant.
I think this strength is caused by BTCUSD weakness.
Follow at your own risk, Not a financial adviser, understand the risks associated with trading and investing. Manage your own Risk - in other words you could lose it all and I could give a fuck.
