BCH LONG TRADE SETUP
Reasons:
- Quadruple Bullish divergence on the MacD implying seller exhaustion.
- Breakout of Bullish falling wedge.
- Bullish bat completion with the price hitting 0.886 retracement level.
- From high to low, the price hasn't retraced the minimum Fibonacci levels. The third trade target is the 0.382 level from low to high.
Reasons:
- Quadruple Bullish divergence on the MacD implying seller exhaustion.
- Breakout of Bullish falling wedge.
- Bullish bat completion with the price hitting 0.886 retracement level.
- From high to low, the price hasn't retraced the minimum Fibonacci levels. The third trade target is the 0.382 level from low to high.