$BCH/USDT 2D (Binance Futures) Ascending channel on support

Bitcoin Cash is up-trending in macro view, let's enter a full swing here!

Current Price= 492.65
Buy Entry = 493.31 - 457.01
Take Profit= 674.53 | 924.90 | 0.7606
Stop Loss= 375.23

Risk/Reward= 1:2 | 1:4.5 | 1:10.11
Expected Profit= +41.96% | +95.65% | +212.69%
Possible Loss= -21.03%

Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 1x
Estimated Gain-time= 5 months

Trade active:

All entries filled

BitcoinCash is following the plan so far, let's keep it this way, but keep in mind it could go down for channel support first.

Comment:

Bounced +15.81% from average entry

BitcoinCash going up as expected, nice dip catch! I hope you did not chicken out...

Comment:

Going well so far

But I am reducing a bit my position on Bitcoin Cash now so I would be able to add back if dips as planned!

Comment:

Dipped a bit and pumped, +28.47% from entry

BitcoinCash almost went down back to entry then finally made the move I was waiting for.
Now facing mid-line channel resistance, so could cool down a bit but then will probably break it!

Trade closed: target reached:

TP1 reached with +41.96% (1x) and +2R

Bitcoin Cash pulled back to buy zone then went for first target following projection.

Trade closed: target reached:

TP2 reached with +95.65% (1x) and +4.5R

BitcoinCash broke bullish really strong, huge profit taken and still one target to go.

Trade closed: target reached:

TP3 reached with +212.69% (1x) and +10.11R

Bitcoin Cash is amazing, what an early entry it was, right on point!
The kind of swing that seems impossible when you publish it, and yet... 😉