Long

Bitcoin Cash (BCHM19) Trade Setup (60%+ ROE on 7X)

Updated
Bitcoin Cash (BCHM19) Chart Setup

  • All details on the chart.
  • Leveraged trading is high-risk, not recommended for beginners.
  • For experienced/advanced traders only.
  • This is not financial advice.


Here you have my chart for Bitcoin Cash (BCHM19) on BitMEX.

Quick chart signals

  • Trading within an ascending channel.
  • Bounced after reaching strong support.
  • Touching the lower end of Bollinger Bands (tradingview.com/x/aQAsyvWE/).


If you want to see the full trade details for BCHM19, make sure to hit like. If enough people hit like we will share buy-in, targets, stop-loss, and additional information.

Thanks a lot for the support.

Namaste.
Note
Trade: LONG BCHM19

Leverage: 7X

Buy-in: 0.0494 - 0.0513

Time frame: 4H

Targets:

(1) 0.0525 -Reached (+18%)
(2) 0.0545 -Next target.
(3) 0.0558

Stop-loss: Close 4H candle below 0.0488

Liq. price: 0.0452
(Buy-in calculated at 0.0512)

Potential profits: 62.86% ROE

Capital allocation: 6%.
Trade active
Moving positively... Enjoy the profits. :)
Note
Targets:

(1) 0.0525 -Reached (+18%)
(2) 0.0545 -Reached (+45%)
(3) 0.0558 -Next target.
Note
New trade idea for Bitcoin Cash on BitMEX (BCHM19):
Bitcoin Cash (BCHM19) Ascending Channel (249%+ ROE on 10X)
Trade closed: target reached
All targets reached.
Enjoy the profits.

Targets:

(1) 0.0525 -Reached (+18%)
(2) 0.0545 -Reached (+45%)
(3) 0.0558 -Reached (+62%)
alanmastersBCHM19Beyond Technical AnalysisbinanceBitcoin (Cryptocurrency)bitfinexbitmexTechnical IndicatorskrakenleverageTrend Analysisxbt

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