TradingView
HD1184K
Nov 22, 2018 11:35 PM

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

Description

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.
Comments
ReadBTC
Hash Wars Led to Large Indirect Losses.
More