novasuper
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BCHUSD Set for breakout after reaching 1580

BITFINEX:BCHUSD   比特币现金/美元
After a slow decline from 1750 and with nearly 8 hour periods between waves, BCHUSD             will fall to 1580 to then climb 10% testing the last top of 1750 once again. Good luck!
交易开始: Buy target reached almost as predicted.
评论: Buy range may extend to 1560
评论: Broken candle pattern starts on the 1m chart. Sign of the jump!
交易开始: Trailing stop initiated @$40
交易结束:到达止损: Failed to breach
It's going up again now...careful you don't use stops too tight - I've learned that lesson trading these things!
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It failed to breakout for now, hope it doesn't break the 1560 support.
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@simpar19, sadly it broke below my stop.
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simpar19 novasuper
@novasuper, We still seem to have strong support art 1550/1540, let's see if we break it. Bithumb has been 10 dollars below the average price since yesterday, I guess they do not feel like pushing up.
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@simpar19, yeah - look into the Korean markets. That will be a good leading indicator on where this goes. I’m mobile and unable to research.
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Trailing stop initiated @$40, what does that mean?
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@ch441, means it can move $40 from my buy order before it sells at market. Its essentially a stop at $1540.
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ch441 novasuper
@novasuper, okay and do you think it has still a chance to breakout?
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@ch441, May test 1560. If it breaks 1555 its unlikely to breakout before falling to 1510.
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novasuper PRO novasuper
@ch441, it also means that it if rises $40 from my buy position that it adjusts the stop to suite.
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