Big short on BITCOINCASH! Really high risk/reward ratio!

Bitcoin cash is in a big bearish market. With the upcomming fork of the bitcoin we get more bitcoin forks like bitcoin cash.

People wanna get bitcoin instead of bitcoin cash, there is a chance we get a really big dump of bitcoin cash.

Since 19 august the price keeps dropping. And I don't see a reason why it won't stop dropping.

Trade active:

Our trade is active, we change our stop-loss price to 229.

Comment:

We moved our stop-loss to our buy in price of 224 because in my opinion it isn't the best setup anymore. So we minimize the risk.

Comment:

We're still on track. It's looking good :)