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Fxprotrader
Dec 3, 2017 11:10 PM

BitcoinCash: Rejection at Key Support Level Long

Description

Still waiting for BitcoinCash to move to higher levels, reaching previous highs like 2800, we now have a very nice level to watch for longs. Price seems to be heavily rejected at a key support level consist of previous structure and the sliding parallel of an upsloping median line set. In case we get a buy setup completion I will post it in my newsletter to get updated.

Feel free to like and share your thoughts below,
John

Comment

Price reached the sliding parallel of the median line. Start watching for a buy setup completion
Comments
LibertyOffensive
It was on track to break through until it sold with BTC.
Dyrus_Liu
every trade with 2% risk? How would you control your max draw down?Thanks for answer..
Skatespeare
Thanks :)
Fxprotrader
@Skatespeare, You are welcome ;)
Skatespeare
@Fxprotrader, do you have any updates?
Clueless13
Thanks, appreciate the reply
Fxprotrader
@Clueless13, No problem ;)
Clueless13
Safe to buy?
Fxprotrader
@Clueless13, I will watch for a retracement fora better risk/reward
imkeshav
Thanks
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