Bitcoin Cash (BCHM19) Ascending Channel (249%+ ROE on 10X)Bitcoin Cash (BCHM19) is starting to move. As you might know, we have an active trade for it which generated 45% ROE already, but, this trade is on the 4H time frame, so it is only valid for the SHORT term.
Looking at the daily time frame, there is potential for more... Please allow me to show you:
We can see a beautiful ascending channel.
We have increasing volume.
Bullish MACD and RSI.
Trading above EMA10 & EMA50.
We have a trade setup here that can yield up to 249% ROE on 10X. If you would like to see the full trade details, make sure to hit like... I will share the full trade at 150 likes.
All the details are shared on the chart (target and stop-loss).
This is not financial advice.
Leveraged trading is high-risk and for experienced/advanced traders only.
Trade at your own risk.
This is not intended for beginners.
High-risk but also high-profits and high-rewards.
Trades can either be good or go bad, the market can always break to the opposite direction, so we prepare to all outcomes.
If we win, we are happy, we are grateful, we collect profits and continue to live. If we lose... we are happy, we are grateful, we take the loss and move on...
Whatever happens, we learn, we grow, we get better and we come back for more.
Thanks a lot for reading.
Namaste.
Previous analysis:
BCHM19
Bitcoin Cash (BCHM19) Trade Setup (60%+ ROE on 7X)Bitcoin Cash (BCHM19) Chart Setup
All details on the chart.
Leveraged trading is high-risk, not recommended for beginners.
For experienced/advanced traders only.
This is not financial advice.
Here you have my chart for Bitcoin Cash (BCHM19) on BitMEX.
Quick chart signals
Trading within an ascending channel.
Bounced after reaching strong support.
Touching the lower end of Bollinger Bands ().
If you want to see the full trade details for BCHM19, make sure to hit like. If enough people hit like we will share buy-in, targets, stop-loss, and additional information.
Thanks a lot for the support.
Namaste.
$BCH M19 longTrading at strong support zone=> should bounce soon.
Bullish divergence on RSI.
If $BTC keeps going up my tight S/L will be hit
BCHM19 Possible Scenarios!HELLO GUYS
BCHM19 more downside possible but needs confirmation.
SUPPORTS AND RESISTANCES ARE INDICATED AS WELL AS THE TRADING CORRIDOR FOR NEAR FUTURE.
ALWAYS DYOR
CHEERS
MM67TRADER TEAM
Bitcoin Cash (BCHM19) Fractal For 120% ROE on 10X LevWe are looking at Bitcoin Cash (BCHM19) and can notice a similar pattern compared to its last bullish wave.
Easy to notice on the chart, we have two broadening falling wedges (purple dashed arrows) wherein both cases a low was hit followed by higher lows before a breakout.
There is no more volume for the bears and the RSI and MACD also support a move to the upside.
The MACD presents a bullish crossover, which also happened before the breakout on the last retrace.
The RSI hit a low point and quickly bounced, which also happened before the breakout on the last retrace.
Now, there can be another drop but if you look at the set up above, it is likely that a break to the upside can happen.
Bitcoin Cash also tends to trade inverse to Bitcoin on many occasions, and this can turn out to be one of those.
This is not a piece of trade advice. If you use this chart to trade remember to use a stop loss and also know that this is very risky.
Want to see a full trade for Bitcoin Cash (BCHM19) with buy-in, targets, stop-loss, and additional information? Make sure to hit like.
If enough people hit like, I will share this full trade as I will know there is enough interest.
Thanks a lot for reading.
I hope you enjoyed the chart above.
Namaste.
BCHM19 showing bearish signs for BCH(BAB)BCH has printed a double top formation suggesting that a short-term high is in and signalling a short-term bear-trend. After breaking below the first blue rectangle on the chart, price action confirmed bearish pressure and brought the price to rest just above the second blue rectangle. If price breaks below this support/resistance zone I will feel very comfortable adding more capital to my current short fromm 0.0518.
It is worth noting that the RSI and MACD are both trending downwards, giving slight support to this trend bias.
Cheers
Bitcoin Cash Can Go Lower (BCHM19 on BitMEX)Looking at Bitcoin Cash (BCHM19) on the daily time frame, I can see that it can continue going lower.
BCHM19 is now trading below EMA10 with additional room available to go down.
I looked at the BCHABCBTC pair for a better view since there is more data available on the chart. Here it is:
After a small bounce to retest EMA10, BCHABCBTC and/or BCHM19 can continue going lower to test EMA50 (magenta line).
Conditions for change: A break and close above the 3rd April high can invalidate the above signals.
This is not a piece of trade advice.
Feel free to hit like if you enjoyed this content.
Thanks a lot for reading.
Namaste.
Is Bitcoin Cash going to run up?BITMEX:BCHM19 Bitcoin Cash is holding above the important 1H support and I am waiting for a certain reaction of the coin. I assume probability of an accumulation and movement up to the place of structure at least.
BCH Hit Our $300 Target- Time To Take Some Profits!!Hello readers,
Bitcoin Cash Hit our $300 Target- I released a trade idea for it on March 27,2019 here:
Now It is time to take some profits.
Trade Instructions
Trade: SHORT BCHM19
Current Price: 0.0600
Time Frame: 4 hour
Leverage: 5x
Buy in: 0.0600 - 0.0605 - 0.0614
Take Profits:
1. 0.0587
2. 0.0582
3. 0.0578
4. 0.0573
Stop Loss: 0.0703
Estimated Liquidation Price: 0.0710
Profit Potential: 26.45% ROE
Capital Allocation: <6%
Don't forget to leave a like!
-Shaggad
Bitcoin Cash (BCHM19) Short (Choose Your Own Leverage)Bitcoin Cash (BCHM19) can also be shorted though this one looks less exact. We have the same bearish divergence I showed on the ADAM19 short .
If this analysis comes true, I am looking at EMA50, or near 0.786 Fib. retracement, as the next and main support.
There is huge profits potential here (ROE) but remember that all of my BitMEX trades are for advanced traders only.
Trading with leverage is super high-risk because you can get liquidated and lose everything. This is not for beginners.
I recommend beginners to trade the safer altcoins on Binance, Bittrex, and other major cryptocurrency exchanges.
If you do decide to trade remember that you are doing so at your own risk and we are not financial advisors.
All information here is shared for learning and entertainment purposes only.
With that said, if you want to see a full trade for BCHM19, make sure to hit like. If enough people hit like I will know there is enough interest and share a full trade.
Thanks a lot for reading.
This is trading at the Masters Level .
Namaste.
