Trading plan: BCHUSD (Bitcoin Cash)
The BCHUSD rate narrows for a surge; the spread is getting wider.
Priority of the day: neutral position on BCHUSD.
The crypto market drifts. We expect the end result. Selling Bitcoin Cash on a trend is in our plans.
Today we expect a slight correction of the Bitcoin Cash rate to $ 940. If the bulls are strong, we'll think about buying Bitcoin Cash.
Projected scenarios:
1. The BCHUSD rate will rise from $ 850 to $ 940.
2. The BCHUSD rate will drop from $ 850 to $ 800.
Alternative scenario:
Another day of flat for the Bitcoin Cash rate is possible.
Priority of the day: neutral position on BCHUSD.
The crypto market drifts. We expect the end result. Selling Bitcoin Cash on a trend is in our plans.
Today we expect a slight correction of the Bitcoin Cash rate to $ 940. If the bulls are strong, we'll think about buying Bitcoin Cash.
Projected scenarios:
1. The BCHUSD rate will rise from $ 850 to $ 940.
2. The BCHUSD rate will drop from $ 850 to $ 800.
Alternative scenario:
Another day of flat for the Bitcoin Cash rate is possible.
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