Bitcoin Cash is looking ready to reverse the downtrend, let's start with a scalp but we recommend to buy for long-term as well!
Far that, you can make a cold wallet (like Trust Wallet for example) and withdraw them there (BEP2 network is cheaper).
Also, if you are up to Margin trading you can give that set-up a shot with 3x leverage.
Current Price= 0.009308
Buy Entry= 0.009312 - 0.009172
Take Profit= 0.010050 | 0.010695 | 0.011892
Stop Loss= 0.008664
Risk/Reward= 1:1.4 | 1:2.51 | 1:4.58
Expected Profit= +8.74% | +15.72% | +28.67%
Possible Loss= -6.25%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 10 days
Far that, you can make a cold wallet (like Trust Wallet for example) and withdraw them there (BEP2 network is cheaper).
Also, if you are up to Margin trading you can give that set-up a shot with 3x leverage.
Current Price= 0.009308
Buy Entry= 0.009312 - 0.009172
Take Profit= 0.010050 | 0.010695 | 0.011892
Stop Loss= 0.008664
Risk/Reward= 1:1.4 | 1:2.51 | 1:4.58
Expected Profit= +8.74% | +15.72% | +28.67%
Possible Loss= -6.25%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 10 days
Trade active
First entry filledBitcoinCash has confirmed the break-out, I hope you are in already!
Trade closed: stop reached
SL hunted with -6.25% and -1RBitcoinCash was no exception and wicked down, that's not cool!
Trade closed: target reached
TP3 would have been reached with +28.67% (1x) and +4.58RToo bad we got Stopped on BitcoinCash, went for all target and way more after, with up to +111.84%
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.