COIN- #bchusdt
SIGNAL- SHORT!!
As we all know Bitcoin is bearish. So that means there will be a dump on BCHUSDT and all other ALTS coin. We can see on the chart that the price bounced back from the resistance will strong bearish volume candle. It is breaking down the support of EMA RIBBON, indicating us bearish. We can clearly see the upper line of Bollinger bands has curved strongly downside. MACD has already opened short & RSI has break down the support as well, you can see this on the chart as marked. So that was a confirmation of going short on this coin.
On liquidation heatmap we can see that the price has already start falling. It will grab all the liquidity down below. So this was another confirmation of going short.
SIGNAL-
ENTRY- 521.9
TP- 509.7