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la4440
3. Nov. 2017 03:36

BCH, a quick long trade Long

Beschreibung

BTC taking its friends along :)

Kommentar

CMP 598, be careful, bearish signs popping . could see a dump..needs to be above 610

Kommentar

if you entered late and not near sl/the dip, trail sl to 580 :)

Trade geschlossen: Stop wurde erreicht

too much volatility! damn.. fork news ruins everything..

Trade ist aktiv

Kommentar

T2 also hit..

Kommentar

CMP 793, Not a bad place at all to book more profits.
keep some and ride for 960 next.. cheers

Kommentar

Target 3 also done, working on T4 ;)

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another trade done in peace :) all targets done.
Kommentare
KLYP_Investment
Why did you stopped....
la4440
@tlzkrh1029, It went lower than suggested levels. had to get to out. only to re enter on dust settling..
KLYP_Investment
@la4440, cool!
la4440
@tlzkrh1029, in hindsight it looks good now..but hey, it was a hurricane and we shook! lol
AndersF
Yeah.. I got out as well. BCH is a solid coin/project but the way it's behaving right now makes it extremely risky. Especially since most other alts are responding gloriously to segwit news (since BTC holders who got out of alts to profit from the fork will be getting back in alts now). No way of knowing what BCH is going to to right now.
la4440
@AndersF, well the aim of trade was captial shifting from btc to alts. worked well post shakeout :)
AndersF
@la4440, True, made some nice gains myself as well.

Interesting though how in the last 24 hours the price correlation between BCN ahd BTC seems to have changed. The dollar value of BCH used to mimic BTC's dollar value earlier on, but it looks like it's getting an upwards momentum of its own now, and it's not yet responding negatively to BTC dropping $120 in price in past couple of hours.
AndersF
@AndersF, Ah, I see you reactivated your trade 10 hours ago. Well spotted!
la4440
@AndersF, it was updated as soon the level breached again post shakeout. just a delay in updating charts..tough work socialising and tradin simultaneously.. :)
dragonrider
Hi there. Excellent setup. How can I get regular feedback from you? By the way can you please check ETH USD as I think it is moving in an ascending triangle in the weekly chart.
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