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$BCH/USDT 1h (Binance Futures) Falling broadening wedge breakout
Bitcoin Cash / TetherUS PERPETUAL CONTRACT
Long
$BCH/USDT 1h (Binance Futures) Falling broadening wedge breakout
By TradingOn
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Jan 22, 2021
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Jan 22, 2021
BitcoinCash about to break-out of that falling wedge, prepare for bounce!
Current Price= 431.37
Buy Entry= 432.14 - 427.08
Take Profit= 447.24 | 465.94 | 485.42
Stop Loss= 411.98
Risk/Reward= 1:1 | 1:2.06 | 1:3.17
Expected Profit= +12.30% | +25.38% | +38.97%
Possible Loss= -12.30%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 3x
Estimated Gain-time= 180h
BCH
bitcoincash
Trend Analysis
TradingOn
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