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BCH Sell a break setup.

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Bitcoin Cash / TetherUS (BINANCE:BCHUSDT)  
Signal_Centre1  
BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
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BCHUSDT - Intraday - We look to Sell a break of 1248.8 (stop at 1306.6)

We are trading at overbought extremes.
Following yesterday's bearish candle, the overall trend lower looks set to continue today.
Pivot support is at 1270.
A break of 1250 is needed to confirm follow through negative momentum.
We look for losses to be extended today.

Our profit targets will be 1088.8 and 1044.4

Resistance: 1400.0 / 1475.0 / 1600.0
Support: 1300.0 / 1250.0 / 1180.0

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Penafian

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