Bitcoin Cash (BCHH19) on BitMEX is likely to make a move up.
All the major altcoins linked to Bitocin made a strong move recently, but BCHH19 stayed behind and it is moving up slowly as I write this.
The RSI is massively bullish and the MACD neutral with bullish tendencies.
Just a little catalyst can push BCHH19 on a strong impulse up.
Conditions for change: The above analysis would be negated if BCHH19 price breaks down and closes below EMA50.
Thanks a lot for reading.
Remember to hit LIKE.
Namaste.
All the major altcoins linked to Bitocin made a strong move recently, but BCHH19 stayed behind and it is moving up slowly as I write this.
The RSI is massively bullish and the MACD neutral with bullish tendencies.
Just a little catalyst can push BCHH19 on a strong impulse up.
Conditions for change: The above analysis would be negated if BCHH19 price breaks down and closes below EMA50.
Thanks a lot for reading.
Remember to hit LIKE.
Namaste.
Trade closed: target reached:
This is how our trade looked for Bitcoin Cash (BCHH19)... STAY TUNED FOR THE NEXT ONE.
All targets reached!
-----
Trade: LONG BCHH19
Leverage: 10X
Buy In: 0.0347
Time Frame: 4H
Targets:
(1) 0.0359 -Reached
(2) 0.0365 -Reached
(3) 0.0371 -Reached
Stop loss: Close 4H candle below 0.0333
Liq. Price: 0.0320.
Potential Profits: 69.1% ROE
Capital allocation: <2.5%
All targets reached!
-----
Trade: LONG BCHH19
Leverage: 10X
Buy In: 0.0347
Time Frame: 4H
Targets:
(1) 0.0359 -Reached
(2) 0.0365 -Reached
(3) 0.0371 -Reached
Stop loss: Close 4H candle below 0.0333
Liq. Price: 0.0320.
Potential Profits: 69.1% ROE
Capital allocation: <2.5%
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➖ If you now enjoy the content, please consider support below...
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If enough people hit LIKE, I will know that there is enough interest and share a very profitable and safe trade with you.
Thanks a lot for the support.
Have a nice weekend.
Namaste.