BCH Could Seek Liquidity For Longs - Cryptoz18
█ Operation Information
BCH has had quite a drop in the last 2 days, it is possible to look for liquidity to take long positions, 102.75 is a very high interest point based on VWAP.
█ Operation data
• Entry price: 104.07
• StopLoss: 105.19 (Loss 1.16%)
• TakeProfit Minimum: 103.90 (Win 1.09%)
• Type of operation: Short
• Recommended margin: 5% of the Futures account
• Recommended leverage: 5-10x.
• Temporality: 15Min - 4H
✔️ Fact: The user is recommended to constantly move the StopLoss to entry or profit in case we are already winning. In this way, if the trend is good, it will never touch it, if it is bad, we only lose money from commissions. Being a 15 min trade based on 4H, it is likely that we will hit the StopLoss, so be aware of that. We try to catch a trend.
█ Global data to take into account
Bitcoin is currently in an uptrend in 4H. However a lot of bearish orders trying to keep it below the 20500 price. The daily trend is in play, take your precautions.
█ Warning
✔️ Cryptocurrency operations represent a high risk. Therefore, this operation should not be taken as an investment recommendation. All I do is share my trading ideas publicly for the viewer to do their own analysis and decide to enter based on their own decision making. The viewer is recommended to have good risk management in their operations. For this, take into account fundamental data from Volume of the asset, Marketcap, Supply, Percentage change price, Current Volatility, Perpetual Data and finally proper Margin and Leverage management Be careful, you can lose all your money in futures if you have poor risk management. Nothing more to say thank you very much.
BCH has had quite a drop in the last 2 days, it is possible to look for liquidity to take long positions, 102.75 is a very high interest point based on VWAP.
█ Operation data
• Entry price: 104.07
• StopLoss: 105.19 (Loss 1.16%)
• TakeProfit Minimum: 103.90 (Win 1.09%)
• Type of operation: Short
• Recommended margin: 5% of the Futures account
• Recommended leverage: 5-10x.
• Temporality: 15Min - 4H
✔️ Fact: The user is recommended to constantly move the StopLoss to entry or profit in case we are already winning. In this way, if the trend is good, it will never touch it, if it is bad, we only lose money from commissions. Being a 15 min trade based on 4H, it is likely that we will hit the StopLoss, so be aware of that. We try to catch a trend.
█ Global data to take into account
Bitcoin is currently in an uptrend in 4H. However a lot of bearish orders trying to keep it below the 20500 price. The daily trend is in play, take your precautions.
█ Warning
✔️ Cryptocurrency operations represent a high risk. Therefore, this operation should not be taken as an investment recommendation. All I do is share my trading ideas publicly for the viewer to do their own analysis and decide to enter based on their own decision making. The viewer is recommended to have good risk management in their operations. For this, take into account fundamental data from Volume of the asset, Marketcap, Supply, Percentage change price, Current Volatility, Perpetual Data and finally proper Margin and Leverage management Be careful, you can lose all your money in futures if you have poor risk management. Nothing more to say thank you very much.
Trade closed: stop reached