Short
Big short on BITCOINCASH! Really high risk/reward ratio!
Bitcoin cash is in a big bearish market. With the upcomming fork of the bitcoin we get more bitcoin forks like bitcoin cash.
People wanna get bitcoin instead of bitcoin cash, there is a chance we get a really big dump of bitcoin cash.
Since 19 august the price keeps dropping. And I don't see a reason why it won't stop dropping.
People wanna get bitcoin instead of bitcoin cash, there is a chance we get a really big dump of bitcoin cash.
Since 19 august the price keeps dropping. And I don't see a reason why it won't stop dropping.
Trade active
Our trade is active, we change our stop-loss price to 229.Note
We moved our stop-loss to our buy in price of 224 because in my opinion it isn't the best setup anymore. So we minimize the risk.Note
We're still on track. It's looking good :)
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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.