Reasons for Trade: 4hr chart
-Bullish Rsi Divergence
established support 4hr
- Move Stoploss to breakeven at first Take-Profit.
Bitcoin Cash (BCHM19) is starting to move. As you might know, we have an active trade for it which generated 45% ROE already, but, this trade is on the 4H time frame, so it is only valid for the SHORT term.
Looking at the daily time frame, there is potential for more... Please allow me to show you:
We can see a beautiful ascending channel.
We have increasing...
Bitcoin Cash (BCHM19) Chart Setup
All details on the chart.
Leveraged trading is high-risk, not recommended for beginners.
For experienced/advanced traders only.
This is not financial advice.
Here you have my chart for Bitcoin Cash (BCHM19) on BitMEX.
Quick chart signals
Trading within an ascending channel.
Bounced after reaching strong support.
Looking for a BPC (Break Pullback Continuation Trade) on BCHABC. Should price close above the daily baseline, pullback and hold that new level as support (forming a Bullish Breaker) I'll take the trade to the upside with the posted potential profit targets.
Welcome to this updated analysis on BCHM19 Let's get right to it!
We can buy this coin with a target at 0.00000023
We can AVOID/STOP loss at 0.00000016
Easy to notice on the chart, we have two broadening falling wedges wherein both cases a low was hit followed by higher lows before a breakout.
There is no more...