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Rocket +30% 2 days

BITFINEX:BCHBTC   Bitcoin Cash / Bitcoin
This is very much experimental analysis, have put very into it, trade is already in. I'm experimenting with Fibonacci Circles applied with a similar technique I am already using for classical Fibonacci and sometimes it picks very much interesting points. BCH is moving relatively wide swings with huge gains which makes it very good for swing trading / scalping. Target on chart, with a very short trailing stop. BCHBTC looks like completed ABC correction and is going for its wave 3 and BCH usually spikes like a rocket, let's see how this unfold !
评论: I have put together both techniques to check confirmation and it all looks like there is a good risk return here:

评论: A zoom in shows we need to break out above the MA50 on 1H for this run to pickup pace and so far it is a little bit shy:

评论: A bit delayed, but looks like it started finally:

订单已取消: Setup invalidated, timing was not right, BCH is going for ABCDE correction, if you are already in and can wait for 3 days it can still payout, this will be the new setup which I will publish in 3 days:

评论: BCH is trapped on circle triangle, once it break out of this formation I will publish another idea:

相关观点

Cashening
+1 回复
All in, i analysed the chart and see the same potential.
+2 回复
bitcoin moneyboi
@moneyboi, hope this play out
+1 回复
i am in.
have been looking for bch for a long time
+2 回复
bitcoin lj_4b
@lj_4b, I usually to short BCH but this pattern is looking like a rocket
+1 回复
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