Trading plan: BCHUSD (Bitcoin Cash)
The rate of BCHUSD was in flat yesterday.
Priority of the day: neutral position on BCHUSD.
The situation on the crypto market is uncertain, so we take a neutral position.
Today we expect to see a slight increase in the Bitcoin Cash rate to $ 800.
Projected scenarios:
1. The BCHUSD rate will rise from $ 745 to $ 800.
2. The BCHUSD rate will drop from $ 745 to $ 640.
Alternative scenario:
Given the low volatility of Bitcoin Cash quotation, flat is possible for another day.
Priority of the day: neutral position on BCHUSD.
The situation on the crypto market is uncertain, so we take a neutral position.
Today we expect to see a slight increase in the Bitcoin Cash rate to $ 800.
Projected scenarios:
1. The BCHUSD rate will rise from $ 745 to $ 800.
2. The BCHUSD rate will drop from $ 745 to $ 640.
Alternative scenario:
Given the low volatility of Bitcoin Cash quotation, flat is possible for another day.
Penafian
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