AlanSantana

Bitcoin Cash (BCHZ19) Looking Bearish Short-Term

Short
AlanSantana Updated   
BITMEX:BCHZ19   None
Bitcoin Cash (BCHZ19) woke up and started to produce some nice bullish action... But after each wave up comes a retrace and we are seeing it take place now.

BCHZ19 looks bearish short-term.

Make sure to hit like if you would like the full trade details for BCHZ19.

Previous trades | XRPU19 +200% of profits


Previous trade | EOSU19 +180%+ of profits

Thanks a lot for the continued support.

Namaste.
Comment:
Trade: SHORT BCHU19 (Bitcoin Cash)

Leverage: 7X

Buy-in: 0.03130 - 0.03100

Targets:

(1) 0.03040 -Reached (+14%)
(2) 0.03000 -Reached (+24%)
(3) 0.02930

Stop-loss: Close 4 hours candle (4h) above 0.03140.

Liq. price: 0.03468
(Buy-in calculated at 0.03103)

Potential profits: 41.3% ROE

Capital allocation: 4%.
Trade closed: target reached:
Targets:

(1) 0.03040 -Reached (+14%)
(2) 0.03000 -Reached (+24%)
(3) 0.02930 -Reached (+41%)

ENJOY THE PROFITS!

Namaste.

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