Long
BCH - Ascending triangle - Objective 0.618 fib at $1,100
Dear all,
I'm entering BCH USD in a long setup.
I think all indicators have room to grow, current pattern (ascending triangle) is bullish.
As always BTC will rule on the market but since I'm now bullish for one or 2 legs up onBTC I think it's the opportunity for other USD pairs to rise as well.
USD pairs not BTC paris ;)
My target is the 0.618 retracement of the past macro move downward.
Stop loss below support, RR ratio is 4.74, quite interesting.
All the Best from the Crypto Space
Alteroc
Not a Financial advise, be a better trader tomorrow than you are today by DYOR
If you liked the idea press the like button :)
I'm entering BCH USD in a long setup.
I think all indicators have room to grow, current pattern (ascending triangle) is bullish.
As always BTC will rule on the market but since I'm now bullish for one or 2 legs up onBTC I think it's the opportunity for other USD pairs to rise as well.
USD pairs not BTC paris ;)
My target is the 0.618 retracement of the past macro move downward.
Stop loss below support, RR ratio is 4.74, quite interesting.
All the Best from the Crypto Space
Alteroc
Not a Financial advise, be a better trader tomorrow than you are today by DYOR
If you liked the idea press the like button :)
Note
Intermediary target is EMA 100/ fib so $900Trade closed: stop reached
Stopped out with BTC blood bath.Let's see if it double bottoms.
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Related publications
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.