Just, just take your time and keep looking at the screen if you
I think the BCH price is so hot right now, so I cannot recommend to open long-term position because if you open the 1-day TF you will see the strong resistance line (100EMA) @0.093. However, I think this action on the card is a good sign to build small position for a long-term period.
The MACD: bull trap
The RSI is at overbought zone.
The EMA lines: you see a very popular phenomenon called "Golden Cross", when it happens the price revers its trend and in this case we are looking at the emergence of the new uptrend with big potential.
TF: 4H
ENTER: 0.076-0.078
PT:0.12 and higher
GL Traders.
The MACD: bull trap
The RSI is at overbought zone.
The EMA lines: you see a very popular phenomenon called "Golden Cross", when it happens the price revers its trend and in this case we are looking at the emergence of the new uptrend with big potential.
TF: 4H
ENTER: 0.076-0.078
PT:0.12 and higher
GL Traders.