$BCH/USDT 1h (Binance Futures) Descending channel breakout
Updated
Bitcoin Cash is looking ready for another bounce, let's enter again with same set-up!
Current Price= 432.15
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
Current Price= 432.15
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
Trade closed: target reached
TP2 reached with +25.38% (3x) and 2.06RUnfortunately, PC bot did not catch that wick up for Bitcoin Cash...
But I believe we will go up there again anyway, wait for it!
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