Bitcoin Cash Preparing To Retrace? Active 7X Lev. For 132%
Bitcoin Cash moved first and with strength leaving others behind.
Right now, we can see a for the last peak as well as momentum is lost.
- If you look at the , you can see it curving down while the histogram is going lower.
- Trading going lower.
- Rising likely to be tested.
Prices are still above EMA10 so there exists the possibility of another jump, purple lines.
This is an advanced setup and we are looking at a leveraged trade. This is not intended for beginners, only trade if you are experienced and know what you are doing.
If you are a beginner and looking to profit from Cryptocurrency, trade altcoins which are low risk and high profits, once you learn the game, you can choose to move up and try leveraged trades.
Thanks a lot for reading.
Bitcoin Cash (ABC) Mapped Out W/ Long-Term Targets To 1400%+
Buy-in: 0.04170 - 0.03870
1) 0.03750 |Hit 23-Jan. (+32%)
2) 0.03530 |Next target.
Stop-loss: Close daily (D) candle above 0.04274
Liq. price: 0.04383
(Buy-in calculated at 0.03921)
Potential profits: 132%
Capital allocation: 3%
Date: 22-Dec. | 12:57 AM GMT-4.