$BCH/USDT 4h (Binance Futures) Descending triangle breakout
Bitcoin Cash is looking very bullish here, let's try to catch a decent dip for continuation trade.
Current Price= 504.30
Buy Entry= 471.05 - 449.35
Take Profit= 561.95 | 727.97 | 874.27
Stop Loss= 408.45
Risk/Reward= 1:2 | 1:5.23 | 1:8.09
Expected Profit= +44.48% | +116.72% | +180.36%
Possible Loss= -22.30%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 480h
Current Price= 504.30
Buy Entry= 471.05 - 449.35
Take Profit= 561.95 | 727.97 | 874.27
Stop Loss= 408.45
Risk/Reward= 1:2 | 1:5.23 | 1:8.09
Expected Profit= +44.48% | +116.72% | +180.36%
Possible Loss= -22.30%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 480h
Operación activa:
First entry filled
Bitcoin Cash dipped as expected, maybe it could go for our 2nd entry before reversing.
Bitcoin Cash dipped as expected, maybe it could go for our 2nd entry before reversing.
Operación cerrada: objetivo alcanzado:
TP2 with +116.72% (2x) and 5.23R
Amazing result for BitcoinCash, perfectly respecting the plan so far!
Amazing result for BitcoinCash, perfectly respecting the plan so far!
