Casey22

BCH ascending triangle.

Long
COINBASE:BCHUSD   Bitcoin Cash
Well, my previous analysis on the BCH ascending triangle did not work out, but I can at least blame Covid and a liquidity crisis.

Pretty clear ascending triangle on BCH, which is fairly buyable on this trend or at breakout for a target around $340, which will be a 40-45% move up. Tight stop loss below the descending triangle, but not too tight so you don't get stopped out.

Good luck out there. And stay indoors.

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