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YunFone

Bitcoin Cash Short plan - Triangular finishing region

Short
YunFone  
OKCOIN:BCHUSD3M   None
Support and Resistance Fibonacci
3
0
supportandresistance fibonacci
BCH has touched the 1.272 fib extension of last upward trend, also it touched the 0.382 Fib Re of daily downward trend, it's huge challenges to breakthrough 0.382 Fib, mostly it will drop to the short target 1 or short target 2, triangular finishing region is ready for beakthrough

Entry point: 224.180
Stop point: 231

short target 1: 214.480
short target 2: 202.793

Let's see.
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