We placed BCH on our Hot trade setup list recently, after it had a breakout from Inverse Head and Shoulders pattern. We also alerted our VIP members.
Inverse Head and Shoulders is one of the highest-success bullish patterns (80%+) and, although rare, is extremely powerful when it appears.
BCH: Breakout from Inverse Head and Shoulders
Trade setup: Price formed an Inverse Head and Shoulders pattern and broke out of it, above $550 resistance (neckline) and 200 day Moving Average. Price target: $625. Stop loss $524.
Our Hot trade setups are those where we have a higher level of conviction.
You can find trade setups on BTC and 50 major altcoins in the Technical Analysis section:
Trade Setups (50 altcoins)
TIP: Never miss another Hot trade setup and create an alert.