BITCOIN CASH - BCHABCUSD - Technical Analysis - 37.4%-518% Profit Expected
Big Move Coming Up ... 5x Gains Expected.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 158 - 448
(37.4%-518% Profit Expected)
TP - 1 - 158
TP - 2 - 211
TP - 3 - 265
TP - 4 - 325
TP - 5 - 385
TP - 6 - 448
Buying Zone! Long Position
Early Entry Trigger Point - $100-$115
Ideal Entry Trigger Point - $65 - $80
Adjust your Stop Loss according to your lot size,
account equity, strategy & money management.
***If you want to get in this trade from this point 214 you can still make 23.83% profit till TP3 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, comment & follow , If you agree with my analysis :)
Big Move Coming Up ... 5x Gains Expected.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 158 - 448
(37.4%-518% Profit Expected)
TP - 1 - 158
TP - 2 - 211
TP - 3 - 265
TP - 4 - 325
TP - 5 - 385
TP - 6 - 448
Buying Zone! Long Position
Early Entry Trigger Point - $100-$115
Ideal Entry Trigger Point - $65 - $80
Adjust your Stop Loss according to your lot size,
account equity, strategy & money management.
***If you want to get in this trade from this point 214 you can still make 23.83% profit till TP3 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, comment & follow , If you agree with my analysis :)
