BCH/BTC (BCHM18)

Whats Up Guys,

Im trying to make a quick scalp here. I Entered long BCH Bitcoin Cash. 15x Leverage

Looking to trade at the target area listed on the chart. Make sure you adjust your values if you're trading BCH/BTC (Bitcoin Cash / Bitcoin) vs a specific Pair like BCHM18.

Stop Loss - Red Line
Target Area Boxed Out.

Good Luck. See you on the trading floor.

bitmex.com/register/2Zkkvg

Trade chiuso manualmente

No reason other than cashing in my chips, i closed the trade early prior to reaching the 'target'.

I contemplated moving my stop up, but this trade took longer than anticipated and I wanted to collect profits rather than gamble any longer on it.

I still feel the target is very very likely.

Good Luck all -

Nota

Turns out my Close Out was a good idea.

The markets wound up dumping down yesterday.

It is an important point to realize that these altcoin markets are VERY VERY impacted by the price action of bitcoin - Its easy to think that if Bitcoin dumps, the altcoins trading against it might spike! - however, it is NOT the case.

Nota

This chart is still valid and the levels still look good - I'm contemplating opening another BCH LONG 10-15X up today, with a similar target in mind - just waiting to see what Bitcoin is up too for a little bit before making any commitments,

I will update this chart again if i get ten likes.

Good Luck on the trading floors.

Ordine annullato

EricStoner

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EricStoner