BCH has consolidated fairly well, potential run back up to $2800
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I think the potential profit on this is huge, it's shown interest in the past up to $2800 and now sits around $1200-1300. I'm long @ 1300 with a stop at $1100. This is my first published idea so this is mostly just a test of the platform. Trade at your own risk.
Note
Looking for continued upwards movement. Hoping to see the CCI bounce off the 0 line and then a movement up past $1886 resistance.
Note
Well with Bitcoins sudden flash crash and it's struggle to bounce back it looks like BCH took a hit along with many other ALT's. I am keeping my position open and keeping my stop at $1100.
Trade closed manually
Closing my BCH trade today to swap funds into BTC before the rocket takes off. Sold @ 1322
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.