BITFINEX:BCHUSD   Bitcoin Cash / Dollar
BCH reach last target.
Its time to choose another target for BCHUSD
On chart we can see Pennant — this pattern can be broke out Up or Down. Targets on chart!
Trade ist aktiv: Price moving to support of pennant
Kommentar: Trade on break out signal!
For LONG Stop loss 580.
For SHORT Stop loss 630.
Trade ist aktiv:
Trade ist aktiv: Bullish!
Trade ist aktiv:
Price broke resistance line of Pennant in upward direction!.
Now look at Stochastic RSI indicator, it crossed in bottom so this means good entry point.
Trade ist aktiv
Trade geschlossen: Stop wurde erreicht: 580SL :(
Trade ist aktiv: Now looks like Flag
Trade geschlossen: Ziel wurde erreicht: Price entered supply zone. Well done!
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Keeps staying at 590-600$, what's the plan? Still waiting for a correction or could it go back to resistance?
a.shevelev002 Shockinalive
@Shockinalive, I'm bought on 590 and added volume on breakout signal. Target for long on chart.
+1 Antworten
Spasibo! ))) What do you think is the probability in percent that we'll go down?
+1 Antworten
@artgen567, Pennants 50% Up/Down. We should trade on break out signal
+2 Antworten
artgen567 a.shevelev002
@a.shevelev002, thnx for your analytics!
artgen567 a.shevelev002
@a.shevelev002, looks like a bounce from $595
@artgen567, Stoch_VX3 shows us that this is not reversal point. We will se more correction.
+2 Antworten
@artgen567, Green Williams shows us good entry point. and it started to show it now. When it cross 5.0 level it will be good sign to entry
+1 Antworten
artgen567 a.shevelev002
@a.shevelev002, What about targets if it going up? TP1 on 720-750 may be?
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