ChartCrushers

BCH Retest

Long
ChartCrushers Updated   
BITMEX:BCHU19   None
Hi guys, so we have a retest of a bull break. Bitcoin Trash brokeout after our short. it is currently testing the 4hr 20ma and 20ema for support right around the trendline it broke.

Bitcoin seems to be slowing and coming for a little bearish wave test of support. Makes perfect sense for this to pump a bit and be made a risk free trade.

Let's see what we can do here.
Comment:

BitMEX
#BCH/U19 Take-Profit target 1
Profit: 8.6551%
Period: 8 Minutes

Stop has been moved to breakeven. This trade is now risk free.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.