Bitcoin Cash (BCHM19) Trade Setup (60%+ ROE on 7X)

Bitcoin Cash (BCHM19) Chart Setup

• All details on the chart.
  
• Leveraged trading is high-risk, not recommended for beginners.
  
• For experienced/advanced traders only.
  
• This is not financial advice.
  

Here you have my chart for Bitcoin Cash (BCHM19) on BitMEX.

Quick chart signals

• Trading within an ascending channel.
  
• Bounced after reaching strong support.
  
• Touching the lower end of Bollinger Bands (www.tradingview.com/x/aQAsyvWE/).
  

If you want to see the full trade details for BCHM19, make sure to hit like. If enough people hit like we will share buy-in, targets, stop-loss, and additional information.

Thanks a lot for the support.

Namaste.

Comment:

Trade: LONG BCHM19

Leverage: 7X

Buy-in: 0.0494 - 0.0513

Time frame: 4H

Targets:

(1) 0.0525 -Reached (+18%)
(2) 0.0545 -Next target.
(3) 0.0558

Stop-loss: Close 4H candle below 0.0488

Liq. price: 0.0452
(Buy-in calculated at 0.0512)

Potential profits: 62.86% ROE

Capital allocation: 6%.

Trade active:

Moving positively... Enjoy the profits. :)

Comment:

Targets:

(1) 0.0525 -Reached (+18%)
(2) 0.0545 -Reached (+45%)
(3) 0.0558 -Next target.

Comment:

New trade idea for Bitcoin Cash on BitMEX (BCHM19):

Trade closed: target reached:

All targets reached.
Enjoy the profits.

Targets:

(1) 0.0525 -Reached (+18%)
(2) 0.0545 -Reached (+45%)
(3) 0.0558 -Reached (+62%)