Short
Retest previous breakdown, go lower!
Very good risk to reward trade on a BCH short. We're in bearish territory.
1) In bearish ichimoku territory
2) Descending triangle breakdown in play
3) Oversold so we're pumping to retest previous breakdown level
4) End of a market cycle
It's not replacing Bitcoin, I'm sorry. You're still stuck in the new paradigm phase if you think this inactive development of a project is about to head anywhere north.
Too many people bought at really expensive levels for Bitcoin Cash and are looking to minimize their losses. We're not seeing an all time high for now.
1) In bearish ichimoku territory
2) Descending triangle breakdown in play
3) Oversold so we're pumping to retest previous breakdown level
4) End of a market cycle
It's not replacing Bitcoin, I'm sorry. You're still stuck in the new paradigm phase if you think this inactive development of a project is about to head anywhere north.
Too many people bought at really expensive levels for Bitcoin Cash and are looking to minimize their losses. We're not seeing an all time high for now.
Transaction en cours
Short in playNote
Stop loss reduced to 0.16151Note
REDUCE STOP LOSS TO BREAK EVEN.Trade fermée: ordre d’arrêt atteint
Insignificant profit
Clause de non-responsabilité
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.