BitCoin Cash - Bull Flag Consolidation - Maintain target 0.106 BTC

in #cryptocurrency • 7 years ago (edited)


chart-1905225_640.png

Bull Flag Consolidation on 4 Hour pivot, looking for 5minute breakout

Screenshot 2017-08-17 17.32.32.png

5min chart, note stochastic RSI ready to full cycle again. Watching for volume to drive a break out for leg higher.

Screenshot 2017-08-17 17.31.49.png

TRADE: Long position, stop below pivot/previous threshold 0.086 - Target is 0.106
Alternative Trade: buy on bull flag breakout confirmation and scalp the trade.

For previous analysis: LONG BCCBTC - Hedge with BTC postion

Follow at your own risk, Not a financial adviser, understand the risks associated with trading and investing. Manage your own Risk - in other words you could lose it all and I could give a fuck.

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#altcoins #trading #bitcoin #cryptoversed
7 years ago in #cryptocurrency by
$19.94
  • Past Payouts $19.94, 0.00 TRX
  • - Author $15.20, 0.00 TRX
  • - Curators $4.75, 0.00 TRX
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