Hello dear readers,
BCH looks like it has topped on the money flow indicator, meaning money will withdraw soon.
It looks safe for a low leverage short.
Trade: SHORT BCHM19
Current Price: 0.0587
Time Frame: 4 hour
Leverage: 5x
Buy in: 0.0587 - 0.0589 - 0.0591
Take Profits:
1. 0.0573
2. 0.0565
3. 0.0557
4. 0.0528
Stop Loss: 0.0649
Estimated Liquidation Price: 0.0683
Profit Potential: 46.39% ROE
Capital Allocation: <6%