High_Altitude_Investing

How to spot a potential bottom on Bitcoin cash

Long
BITFINEX:BCHUSD   None
This is your quick guide to call a bottom on bitcoin cash (use stop-losses DUH)


step one - 3h candlesticks

step two - Count your bearish wave set (abc up and 1,2,3,4,5 down)

step three - spot bullish divergence (higher high on macd and lower low in prices)

step four - draw a triangle & wait for breakout

step five - set your stops within 5% - 10% of entry.

hope you enjoy this trade & stay profitable
Comment:
still playing as planned
Trade active:
Breakout (check)
Comment:
worked like a charm
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update ($2,000 is likely to be tested)
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