BCH has retraced its last move up all the way down to the bottom fib level and now we are getting a nice bounce back up. Indicators looking good on the daily and we closed above the 50 EMA. Looking for a good entry price around 139, but if we break 152, that'll be the time to enter because the move should be strong after that and it'll be too late for bargain shopping. Not a lot of resistance above that level.
Set up is invalidated if we see a strong move below 130. Watch RSI for oversold conditions.
Set up is invalidated if we see a strong move below 130. Watch RSI for oversold conditions.