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BCHUSD H16: BEST Level to SHORT IT 30% gains(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup ::: BCHUSD 16hour chart review/outlook ::: a/b/c/d/e/ repeat fractal BEARS ::: SHORT from point d ::: TP bears is 30% gains ::: but lower risk on sell side later ::: we are currently setting up ::: for a correction ::: into US Election Day ::: TP BEARS is 30% gains ::: no valid setup for bulls here ::: TP BEARS is 185 USD ::: recommended strategy: SHORT IT / SHORT rips/rallies ::: ENTRY near point D TP point E ::: SWING TRADE: SHORT HIGH TP 30% gains ::: correction not over yet ::: good luck traders! ::: SHORT and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment mid-term: BEARS/185 USD ::: Sentiment outlook short-term: MAXED OUT/REVERSAL
Thank you for your analysis, but I believe its a very risky and greedy to ask for 30% correction.
We have been accumulating for a long period now and I believe north is the direction.
Here is my view mate
Bitbybits
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@Crypapi, I also agree this heading up, 30% correction an absurd amount of risk. I believe short term consolidation toward 245-240 then another push upwards. 265 push back to 255. Then bounce back up from there.
Youtrade1
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Lol
Saeber
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I've been tracking his success in predictions and it is nowhere near his claimed 80% (which is a huge stretch even for the most skilled traders). In fact, I can pretty much 80% of the time do the exact opposite of his predictions and make money.
TrojanBible
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265 touched...
Drop to 180 now...!! I want to all in..
Phi-Deltalytics
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Thanks for sharing!
abboudi1982
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Hello, a newbie here. I can see that we will reach point D by October 19th , does it means it is bullish from now(241) until it reaches 260? Thanks
We have been accumulating for a long period now and I believe north is the direction.
Here is my view mate