BCH\USD

BCH\USD

@Dmitry1gorevich

Here is BCH against USD and the current formation looks like an ascending wedge

( this is a bearish pattern ) but looks better here the fake breakout the 444$ level

On the chart, you can see two ratios for longs and shorts. Entry for sales is ready but if you looking for longs will be better to wait for some retracement

Conclusions:

If you are bullish

Entry is 330$, stop 270$, take profit - 444$

If you are bearish

Entry is 444$, stop - 488$, take - 344$

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