TA explained
BCH found support at the bottom and already made a first move upwards. Now its heating up for the next impulse to the upside. First target aligns with -0.618 extended fib level and with previous resistance area. Stop loss is below the bottom of the previous impulse so price has some fib levels as support that need to be broken before getting stopped out.
This setup can be traded with leverage in margin, trade up to 5x max for this setup.
Trade setup
Best entries: 0.026095 - 0.026475
TP1: 0.027999
TP2: 0.030347
TP3: 0.032477
SL: 0.024832
RR: 3.8
Max leverage: 5x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
BCH found support at the bottom and already made a first move upwards. Now its heating up for the next impulse to the upside. First target aligns with -0.618 extended fib level and with previous resistance area. Stop loss is below the bottom of the previous impulse so price has some fib levels as support that need to be broken before getting stopped out.
This setup can be traded with leverage in margin, trade up to 5x max for this setup.
Trade setup
Best entries: 0.026095 - 0.026475
TP1: 0.027999
TP2: 0.030347
TP3: 0.032477
SL: 0.024832
RR: 3.8
Max leverage: 5x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Dagangan ditutup: hentian tercapai
BCH stop was reached after a powerful drop in the entire market. SL was hit with 6% loss (max 30% with 5X lev)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.