E557

Bitcoin Cash: Up To +20% Profit Impulse

E557 Updated   
BITFINEX:BCHUSD   None
Bitcoin Cash: Up To +20% Profit Impulse

Of many altcoins, Bitcoin Cash has the most potential for the next impulse. +20% profits in a few days is not that little this year. The upmove could also be more or less like Bitcoin. Move your stops and always take profits. There is a chance we'll drop a little more before we go up. If not then good luck.

Target: @ around $1300
Comment:
Short update:
The reason why I expect an upmove at Bitcoin Cash is that I am looking for another impulse. The structure I look at is like the structure of Bitcoin right now: Impulse-Correction-Impulse. Move your stops and always take profits to secure profits.

Scenario:
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