BCHUSD - At pivot Support- Short term TP $533

Hi All,

BCH is the one of the cryptos which has broken out of long term descending trend and not it is re-testing the support (previous resistance - top blue dotted line).
BCH/BCC at pivot S1 support level bouncing back.
Short term TP - $533
Mid term TP - $620

Disclaimer: This is not a trade advise. But, just an idea for educational/Information purpose.

Please like/Comment if you agree or disagree with this idea. Your inputs are much appreciated.

Commentaire:

Check out some major price action happening right now as expected in this idea.

Transaction en cours:

BCH has broken out of long term defending triangle and currently testing support on daily time frame. This is really a bullish indication.

I have taken a small long position based on this breakout.
$525-530 - next target.

Trade fermée: cible de profit atteinte