BCHBTC trade ideas
INTRADAY MARKET UPDATEThe red column indicates to sell and the green column indicates to buy... Look at the most recent bar to see if it is a buy or a sell. Follow us to get updates on here every 2 hours for our system!
To effectively use our system you need to trade XRPBTC , EOSBTC , XBTUSD , ETHUSD , LTCBTC , TRXBTC , ADABTC and BCHBTC all at the same time on BitMEX. Our research shows that by creating a portfolio of trades we can reduce the drawdown on our portfolios on BitMEX. We keep 8 positions (1 on each) open at all times and swing trade following our system.
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Expected profits for 12 months following our ideas.
1BTC to 30BTC X1 leverage
1BTC to 100BTC X2 leverage
1BTC to 1000BTC X3 leverage
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Ryan Grey
Looking Possibly BullishWith new all time highs in US equities indexes we should see that spill over into the cryptocurrency markets.
Bitcoin Cash is on the way to profit !Hello, dear Traders!
Monfex is at your service and today we overview BCH/BTC.
After the price had plummeted to the support line, a triangle formed. Near the triangle's resistance we have MA50 , the breakdown of which will be a confirmation of a bullish scenario to the next green resistance zones.
But there can also be an another script. By breakout the support line, you should sell BCH and consider it near the red support horizontal line.
Supposed Trade Signal by BCH/BTC
Buy by breakout 0.028
Take profit ~ 0.02884 && 0.03047
Stop loss at 0.02749
Market Cap
$4 720 995 136 USD
Volume (24h)
$3 313 549 822 USD
Circulating Supply
18 081 438 BCH
Share your thoughts, ideas about the market under the chart.
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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.