As you can see in buttcash chart ,Inverted Head&Shoulders is currently forming
Buy Area : $600~685
Stop-loss < $550 ,Upon Breaking of Neckline ,change stop to slightly below the line
TP are the Red resistance lines ,give or take a couple of bucks
1st : 755~760 ( H&S target )
2nd : 845~852
3rd : 945~958
4th : 1050~1120 ( Fib 0.23 )
Final : 1550~1625 ( Fib 0.38 )
Two 4-hr candles close above a target area confirms movement to next target ,after confirmation move your stop-limit slightly under that area
Remember to always Take profit and never be too greedy
Happy Profits
Buy Area : $600~685
Stop-loss < $550 ,Upon Breaking of Neckline ,change stop to slightly below the line
TP are the Red resistance lines ,give or take a couple of bucks
1st : 755~760 ( H&S target )
2nd : 845~852
3rd : 945~958
4th : 1050~1120 ( Fib 0.23 )
Final : 1550~1625 ( Fib 0.38 )
Two 4-hr candles close above a target area confirms movement to next target ,after confirmation move your stop-limit slightly under that area
Remember to always Take profit and never be too greedy
Happy Profits
Trade closed: target reached:
2nd Target Reached
Move your stop-loss < 795 in case you will continue riding the train
altho as a rule of mine , i exit 90% when target 2 is reached and let the rest run forever
Move your stop-loss < 795 in case you will continue riding the train
altho as a rule of mine , i exit 90% when target 2 is reached and let the rest run forever
Looks like it is aiming for the 2nd Target
BCH moves hand in hand with bitcoin .As long as BTC remains in an up-trend so should Fake-bitcoin