Reason for short: Look at the wicks inside the pink box, it's clearly to me top formation and facing a retrace soon. Also forming a bearish wedge which targeting the minimum 4382 to 4300. Personally I expect a retest of the Kijun 129 which locates at 4170.
We have 2 options: Short at top of the wedge and stoploss when wedge breakout upside. Or we better wait for...
The chart for Bitcoin Cash on BitMEX (BCHH20) is getting hot and looking ready to jump... Notice how the green candles are slowly building up while trading above EMA10. This is an indication that prices are likely to move higher.
We have a good setup here and we are active with 10X leverage... If you would like to see the full trade details, make sure to hit...
We are active with Bitcoin Cash (BCHBTC / BCHH20) on a SHORT with 7X... Let's take a look at the chart.
Bitcoin Cash moved first and with strength leaving others behind.
Right now, we can see a bearish candlestick for the last peak as well as momentum is lost.
If you look at the MACD, you can see it curving down while the histogram is going lower.
Trading...
Hi Everyone,
Forgot to post the first long we entered.
Now we are shorting it till the lower trendline
If we stay in this range we will long it again
| Rootselaar Crypto |
We are active with Bitcoin Cash (BCHH20) with leverage on this drop. We are aiming at the 0.618 or 0.786 Fib. retracement support.
I won't detail the chart signals for this one as this is for experienced/advanced traders only.
Beginners tips
Avoid leveraged/margin trading.
Start simple (Buy and hold to later sell for-profits).
Study, practice, take...
Bitcoin Cash (BCHH20) just broke above EMA10 on really high volume, above-average. This can signal the end of the retrace and the beginning of a new move.
We are active here with 10X, which is super high risk and for advanced/experienced traders only.
Remember never to trade with leverage unless you are already familiar with trading and are already successful,...
