Bitcoin Cash — 35% Potential — 72% Win Rate

$BCH flashed a bullish EMA strategy signal on the daily chart.

The signal has a win rate of 72% based on 22 historical appearances.

➡️ The win rate isn't extraordinary on the daily chart. However, the overall market sentiment seconds a bullish move.

➡️ Trend Indicators are bullish

➡️ ADX is weak — be careful ‼️

➡️ Some momentum indicators are bearish and need to be monitored closely.

Chart assessment

➡️ A break above the 520 level can signal a long entry.

➡️ Mid-term, there's room to run until 690 (or beyond). However, adding some take-profit pre-targets on the way up is wise.

#BitcoinCash #Altcoins👀🚀