Bitcoin cash - ridiculous move soon

3rd attempt at publishing this idea. PineCoders don’t want any of my publications using script I created to be seen on public ideas despite that being the situation for the last 5 years of content published by myself. As such I'm unable to present all the reasons for being bullish on this trade. Such as shame, as I truly believe knowledge should be available for freely for all. Leider, nicht heir.

On the above weekly chart price action has corrected over 90% since the highs of May 2021. A number of reasons now exist to be bullish , including:

1) A strong buy signal prints, which has now confirmed.

2) RSI resistance break out.

3) Price action bounces from the golden pocket printing a higher low. This higher low is more significant in that the bounce occurred off the bottoming candle printed in December 2018 - fantastic.

4) The BTC pair breaks out from a year long resistance (see below)

5) On 'what if' list.

Is it possible price action falls further? Sure.

Is it probable? No

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: don’t know
Return: The target suggested by the Fibonacci re-tracement is crazy so I’m not even going to mention it.

BTC pairs breaks resistance

交易進行:

Something happened on the 5-day chart, anyone know what? Very exciting.

評論:

Just warming up.

Over 75% since publishing, 100%+ since signal.

評論:

100% exit this trade as price action sails over $1200

4-day