Xzhi
Long

Bitcoin Cash (BCH) May be a good 5% move up.

BITMEX:BCHZ18   None
Bitcoin Cash has been consolidating in this area for a while. Currently has had a correction down, and if we can hold this area, it should start heading up.

Thanks for viewing! This trade is being taken as there is a long signal.

Keep in mind this could fail, so set a stop loss below the low. If there is a stop hunt, buy back in.

Currently Bitcoin is testing the lows once again. If it breaks down, this trade is negated. The stop loss should get us out beforehand.

Comment: This trade can still go through long as Bitcoin holds. If it doesn't I will be shorting BCH here.

Currently short XRP aswell since 9.6k
Comment:

Was a bit early but saw bullish div, Bitcoin held, so took trade.
Comment: Now looking to get out. Not really sure if we can hit target. Hopefully we can,
Comment: Looking back, this was a pretty bad trade. I made money because I was scalping, but if you took this trade you would have lost money.
Hash Wars Led to Large Indirect Losses.
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