TA: Bitcoin Cash looks bullish again after breaking that parallel channel resistance. I will operate it on Spot and Margin (up to 5x).
FA: Hashrate droped after his halving more than a month ago, but now Bitcoin halved, hash power is back on BCH.
Current Price= 0.025541
Buy Entry= 0.025607 - 0.025067
Take Profit= 0.027767 | 0.029748 | 0.032951
Stop Loss= 0.022907
Risk/Reward= 1:1 | 1:1.82 | 1:3.13
Expected Profit= 9.59% | 17.41% | 30.05%
Possible Loss= -9.59%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 360h
FA: Hashrate droped after his halving more than a month ago, but now Bitcoin halved, hash power is back on BCH.
Current Price= 0.025541
Buy Entry= 0.025607 - 0.025067
Take Profit= 0.027767 | 0.029748 | 0.032951
Stop Loss= 0.022907
Risk/Reward= 1:1 | 1:1.82 | 1:3.13
Expected Profit= 9.59% | 17.41% | 30.05%
Possible Loss= -9.59%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 360h
Trade active
All entries filled, wait for it to happen now...Note
It's taking more time than expected, but it's still valid to me and forming a flag now:Note
Back to entry range, let's be patient again!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.