Zblaba
Long

BCH/USDT 12H (Binance Fut.) Channel on support & falling wedge

BINANCE:BCHUSDTPERP   Bitcoin Cash / TetherUS PERPETUAL FUTURES
TA: Bitcoin Cash is holding that support, and as long as the BTC pair is looking bullish , I'm expecting a big growth.
Also, we can see that the falling wedge broke-out then pulled back, this is another positive sign.

Current Price= 232.86
Buy Entry= 231.80 - 226.30
Take Profit= 269.95 | 313.53 | 357.11
Stop Loss= 208.60

Risk/Reward= 1:2 | 1:4.13 | 1:6.26
Expected Profit= 53.58% | 110.64% | 167.73
Possible Loss= -26.79%

Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 3x
Estimated Gain-time= 720h

Comments

I wouldn't take it.
Reply
Zblaba RezzaHmt
@RezzaHmt, it is a risky one indeed! But may be worth it.
Reply
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