We are in a channel that is moving upwards. People are buying Bitcoin Cash and are selling Bitcoin.
Set your Stop Loss accordingly between 30 and 150. That depends of targets you want to achieve. A Stop Loss of 30 is not bad for intraday trading. Choose something bigger -about 150- if you want to take more risk and trade long-term (intraweek).
Set your Stop Loss accordingly between 30 and 150. That depends of targets you want to achieve. A Stop Loss of 30 is not bad for intraday trading. Choose something bigger -about 150- if you want to take more risk and trade long-term (intraweek).
Comment:
After a downtrend, BCH touched 1222 and is going on (up). Bitcoin is struggling to maintain its position. I will enter BCH, as said in the comments, if it breaks the 1250 barrier.
Trade active:
imgur.com/aSwQG7w
We have a bullish divergence as seen in the picture and then an uptrend. This can be a signal of market reversal to an uptrend channel.
Personally, as said before, I will enter the market if the 1250 $ barrier is broken.
We have a bullish divergence as seen in the picture and then an uptrend. This can be a signal of market reversal to an uptrend channel.
Personally, as said before, I will enter the market if the 1250 $ barrier is broken.
Trade active:
