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Long

Bitcoin Cash (BCHM19) Ascending Channel (249%+ ROE on 10X)

By AlanSantana
Updated
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 volume.
  • Bullish MACD and RSI.
  • Trading above EMA10 & EMA50.


We have a trade setup here that can yield up to 249% ROE on 10X. If you would like to see the full trade details, make sure to hit like... I will share the full trade at 150 likes.

All the details are shared on the chart (target and stop-loss).

  • This is not financial advice.
  • Leveraged trading is high-risk and for experienced/advanced traders only.
  • Trade at your own risk.
  • This is not intended for beginners.
  • High-risk but also high-profits and high-rewards.
  • Trades can either be good or go bad, the market can always break to the opposite direction, so we prepare to all outcomes.
  • If we win, we are happy, we are grateful, we collect profits and continue to live. If we lose... we are happy, we are grateful, we take the loss and move on...
  • Whatever happens, we learn, we grow, we get better and we come back for more.


Thanks a lot for reading.

Namaste.

Previous analysis:
Bitcoin Cash (BCHM19) Trade Setup (60%+ ROE on 7X)
Note
This one is looking good. We hit our last target today... Enjoy the profits.
Note
Bitcoin Shows Strength, No Weakness... What Comes Next?

Bitcoin Shows Strength, No Strong Retrace, Next Up!
Note
Perfect:
S&P 500 Index New All-Time High (Weakness Continues To Build Up)
Note
Moving nicely as charted ... :)
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