Sharing my trades #5 - Bitcoin Cash (BCH) update
Hi guys, I have entered & exited BCH twice making great profits on the two previous waves as you can see from my two previous posts about BCH. This time the entry didn't work out so I'm out and updating here.
I think the image below is self explanatory:
Bah! I missed the exit at $380USD .... because I was sleeping! First rule of Crypto Trade Club: DONT SLEEP! Or just set auto sells and take your profits.
that's right!
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STOPwhat rsi s are those?
See the arrow I drew down at the bottom of the image? that is the RSI indicator.
I know, but which one, I guess it is 2 different ones for the two lines?
It hasn't dipped below the 50 MA line yet, but is that as important as the 20 MA?
Also would you classify as a head and shoulders?
Doesn't classify as a H & S cause right shoulder is higher than head. it didn't fall under the 50 MA yet but the fact that is below the 20 MA signals possible consolidation. If it doesn't make it above MA one or two candles actually closing above I won't enter personally.
Are they 1hr candles?
Hi dobe4, I'm still holding free BCC from the fork. Based on TA, what would be ur next move? tqvm