Trading plan: BCHUSD (Bitcoin Cash)
BCHUSD rate is in lateral movement.
Priority of the day: neutral position on BCHUSD.
Today it is difficult to say in which direction Bitcoin Cash will move. While the bearish trend is in force, its rate will most likely go further downwards, to $ 872.
Projected scenarios:
1. BCHUSD rate will decrease from $ 942 to $ 872.
2. BCHUSD rate will rise from $ 942 to $ 1100.
An alternative scenario:
Bitcoin Cash rate may stay in flat for one more day.
Priority of the day: neutral position on BCHUSD.
Today it is difficult to say in which direction Bitcoin Cash will move. While the bearish trend is in force, its rate will most likely go further downwards, to $ 872.
Projected scenarios:
1. BCHUSD rate will decrease from $ 942 to $ 872.
2. BCHUSD rate will rise from $ 942 to $ 1100.
An alternative scenario:
Bitcoin Cash rate may stay in flat for one more day.
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