This is a Mean Reversion trade idea. It is a rather rare trade for me, as I don't like holding mean reversion trades for long periods of time. As always, the idea is to buy low and sell at a higher price, close to the mean or fair price. In this longer term trade, target is a major S/R level for Bitcoin Cash. I will manage this trade accordingly and probably...
Since April BCHABC has been in an ever-narrowing range, between the 100 Moving Average and a clear downward slopping trend line. Both touches on the 100MA since April have resulted in a quick bounce up and we are just about to make contact once again... definitely something worth keeping an eye on. >>>If the pennant is to play out, target up or down will be...
Description in the chart. Never trade with more than you are willing to lose, this is not financial advice.
Hi guys, just want to share a realistic prevision based on EW for Bitcoin Cash. BCHABC can easily break all those targets but... let's be realist :-) Target for W3 would be 6566.70$ (161.8% fib). Wave 4 retracement would be 3320$ and a small wave 5 who stop around 61.8% would reach 7348$. Best to everyone !!
*** If you like my analysis, then give me a like there to support me *** Hello community, Btcabc is looking for another demolition. Reason for that is a Bearish Pennnant. What do you think? Target: 0.035245 Satoshi Make Crypto Great Again Kevin Sagitario
ABC scam coin from scammer Roger Ver might have finished its consolidation period and ready to lift up as long as the King clean out the way. Now the price channel became as narrow as possible and I expect the next breakout to determine frther movemnet direction. Going below 420-422 will bring it down to 400. Going above 428-430 will mark some new targets on the...