BCH/USD short opportunity after overbought STOCH and strong FIBB

17 Şub 2018

Hello traders!
I really made quite a lot of charts today, yet this one looks bearish to me!
After not succeeding breaking 1560$ line in the first time ever! I do not think it will do it this time either.
Stoch is extremely overbought and needs to calm down! After that the downtrend channel will reject the price and will fall around 800$.
Great short opportunity for making 45%.

20 Şub 2018

İşlem aktif

After couple of days of testing and not braking i am still bearish on it!
Note: After some Ta after that, u need to get a first trade only to 1200$ and if it breaks that support and closes bellow on 4h chart. u should do another short to 800$!!

21 Şub 2018

İşlem aktif

As we can see, the trade made it in our favor!
Similar trade was on Btc if u saw that!
First target 1200$ incoming!

24 Şub 2018

İşlem aktif

It is trying to break 1200$ mark on both 4h and daily! we will see how it will go at the end!