BCHUSD: ABC CORRECTION + RISING WEDGE WITH HUGE BEAR DIV?

The title says it all!

Short (leverage 1x to 3x only): 48x, 49x, 50x and manual SL after a daily above 510.
Take profit as per chart.

Good luck guys and give me a like if you see this helpful.

Bình luận:

Short the A wave completed perfectly from around 500 to 43x. However the diveregence is still in play and the B wave is waiting.

460-465 is crucial for BCHUSD as anything below may trigger the C to sub 400 coming days/weeks.

What do we do now? Wait for a reaction of price when entering the resistance zone (45x-46x) and after confirmation we can set another short which is near SL (Manual SL after a 8H closes above 465).

Good luck and dont forget to send me a "Like".