Long
Finally a good moment to buy Bitcoin Cash again! Target 2370usd
In the past I made a lot of analyses about Bitcoin Cash, you can check them here:
- Post 1: Buying at 440usd till 610 usd. Target hitted.
- Post 2: Shorting from 650 till 560.Target hitted.
- Post 3: Buying from 660 till 810 usd. Target hitted.
- Post 4: Buying from 1000 usd. First target hitted.
The trade I wanna make today is based on realism. Lot's of people saw dollar signs in their eyes last week with that crazy pump of bitcoincash. I don't think it's realistic to see that crazy price so fast. That's why I based a realistic highest price for this analyse of 1700usd. So we can make a more realistic and I hope accurate analyse. Some people, maybe some better and more experienced analyst don't agree with me here. But well I don't care :) In my opinion Bitcoincash is a really good coin and it have the potential to become the nr. 1 bitcoin. But thinks need time.
We have really good support on the green line it already touched it 3 times and did not break it. It save to buy below 1350 and above the green line. Stop-loss at 1200 usd.
- Post 1: Buying at 440usd till 610 usd. Target hitted.
- Post 2: Shorting from 650 till 560.Target hitted.
- Post 3: Buying from 660 till 810 usd. Target hitted.
- Post 4: Buying from 1000 usd. First target hitted.
The trade I wanna make today is based on realism. Lot's of people saw dollar signs in their eyes last week with that crazy pump of bitcoincash. I don't think it's realistic to see that crazy price so fast. That's why I based a realistic highest price for this analyse of 1700usd. So we can make a more realistic and I hope accurate analyse. Some people, maybe some better and more experienced analyst don't agree with me here. But well I don't care :) In my opinion Bitcoincash is a really good coin and it have the potential to become the nr. 1 bitcoin. But thinks need time.
We have really good support on the green line it already touched it 3 times and did not break it. It save to buy below 1350 and above the green line. Stop-loss at 1200 usd.
Note
I prefer everybody to set the stop-loss at 1210. So you don't lose more money at a flashcrash.Trade closed: stop reached
Stop reached.Trade active
Just bought BCH! New post comming!
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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.