RealDaniil

BCHUSD how to trade?

Long
RealDaniil Updated   
BITFINEX:BCHUSD   None
BCHUSD how to trade?

MACD has designated a reversal signal on 4h chart
and we adjusted for 50% of the previous wave.
So we can assume that the correction is complete and we saw the momentum.
For this trip our main goal is 2000
If you are afraid of this trade, you can enter the breakout of the first local maximum 1620-1630. I think this is the safest entrance to the track, and if we break through 1620, then this is confirmed

TP 1 1850$
TP 2 2000

And remember: After rain the rainbow always comes
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previous

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the market wants to go up but the big players think otherwise. who will win?

4h

1h

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be careful at one time everything can collapse
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one of the options


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we can form a double bottom if you reach 850, with a time difference of 1 month which is a good indicator, but some believe that a double bottom may be formed once an hour and is a good buy signal)

or we can not fall below the point, it's 1150.

Well, the third option of course is a sharp pampus =)

I would like to see the option number 1 with a double bottom, it would be an excellent confirmation for the purchase. And I would buy for the whole cutlet =)

Well, about the goals now it's going to rollback, I think after such an impulse down, after a small flat we went up, the goal is 1450-1470, then we can continue to swing at 1600. But be careful in trading and take profits!
I bought for $ 1,300 sold for $ 1,400, and I'm waiting to enter the market for $ 1,351, otherwise I'm ready to enter the market for about $ 1,410.
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apparently BCH does not want to stop, and if this figure is broken up, we will see 1570.

Profit from the first position we got at 1470, now we can get more!
if we go beyond the edge of the channel down, it can talk about the weakness of the market, and about the flight down, but do not forget that we can exit the channel and bounce back, so we do not set the stop loss in good order, well, the safest deal is at the breakdown of the channel up
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how all this good looks on 4h
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for the first transaction we climbed from 1330 to 1470

profit 10%
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If my ideas help you take profit, you can thank me! And I will soon go on additional training, and soon my tests will be even deeper and more accurate! Good luck friends!

Tip Jars (100% Voluntary)
BTC: 17j19e9bHeDfzYrLQLvJJ1Srtt2dzyNYv7
BCH: 1KUJ3DwxbrS7m32hAFhbswEPpg2AYekZgz
ETH: 0x86b5f88507c28c179ea8ac7f5c4db6399a915458
LTC: LiN4rgL8Yb2TSqKssMxSgPGt5x2VsF9wTF
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perfect hit
we reached 1470$ and then 1570$
I think now the market will be consolidated
But if we destroy 1600$ we must go higher to 1770$
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New plan

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buy for 1505, if you introduce yourself this opportunity, this is 50% correction of this movement
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because the price can not go down to 1470
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