Despite the war still going on between BTC and BCH, short term I am bullish on BCH. This could correspond with a top hit at 9k on BTC then pause/correction, which could favor BCH. -> Wait for the confirmation signs presented on the chart (1 volume, 2 confirmation in % and time)... ---> then take profit or hold for LT profit until BTC shows new uptrend signs.
At the moment BTC seems a little extended (too high vs. market) and this could distribute soon, be ready.
Good luck all on your trades.
Be wise in your trades. Trade at your own risks...
Trade active
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We're in my friends. Whose ready to hit $2000? -> already a good 20% profit since the breakout's confirmation. Take profits gradually between $1500 and $2000. Keep going !
Trade closed manually
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We've been back in the buy zone. With good support. I'll poste a new trade on BCH rapidly. Have a nice day!
Nice one, glad I didnt buy anything, but I have still a trade from previous weeks where it didnt got stopped with buyin 1600 ^^
Doc-al-Citadel
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Great Well Done
finfreedom99
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Too late ti buy in now?
Blockchain_rekt
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Hi @finfreedom99, this looks relatively risky to get in "now" at 1500/1550$.
Yet hard to predict when it will pause and where it will stop. I'm confident we can hit $2000 until Sunday/Monday.
The risk/reward profile is now less attractive yet with tight stop loss and careful monitoring you could get good return.
Don't fomo, read other analysis.
Trade carefully, have a great day.
finfreedom99
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@Blockchain_rekt, thank you for your responce :) what do you think about shorting it around 1950-2000$?