Bitcoin Cash (BCHM19) can also be shorted though this one looks less exact. We have the same bearish divergence I showed on the .
If this analysis comes true, I am looking at EMA50, or near 0.786 Fib. retracement, as the next and main support.
There is huge profits potential here (ROE) but remember that all of my BitMEX trades are for advanced traders only.
Trading with leverage is super high-risk because you can get liquidated and lose everything. This is not for beginners. I recommend beginners to trade the safer altcoins on Binance, Bittrex, and other major cryptocurrency exchanges.
If you do decide to trade remember that you are doing so at your own risk and we are not financial advisors. All information here is shared for learning and entertainment purposes only.
With that said, if you want to see a full trade for BCHM19, make sure to hit like. If enough people hit like I will know there is enough interest and share a full trade.