Bitcoin Cash a false breakout?😱

Bitcoin Cash / TetherUSBinance

Description

⋅ Jul 28, 2021 7:57 AM

Bitcoin Cash could make a false break of the local top, volume is up and ATR is close to 200%. All this signals that a false breakout could happen.

Write in the comments all your questions and instruments analysis of which you want to see.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade

Comment

⋅ Jul 28, 2021 8:41 AM

$518 is a weak level, and the price can go from it, but a false-break of $548 is the best trade

Comments

sriz16

⋅ Jul 28, 2021 8:06 AM

Why everything has to be false breakout lol ? We are in the middle of monster bull run - keep calm and long till December . For your own mental peace .

Yuriy_Bishko

⋅ Jul 28, 2021 8:17 AM

@sriz16, it is a local trade, it is not long term

Mihai_Iacob

⋅ Jul 28, 2021 8:37 AM

Best post!Thanks a lot

Yuriy_Bishko

⋅ Jul 28, 2021 8:43 AM

@OptimoomFX, thank you 😉