Short on BCH

Good chane to go short on BCH again, It has made a fast retace (wich is normally in a correction). Stop at 1165.

코멘트:

It almost broke out on the upside, but it got sold immediately. If it gets above the 1050, than i should go to 1100 and 1170

코멘트:

Second reason why i think it will drop some more :)

코멘트:

And just now created, also the second reason

코멘트:

I got stopped out at 1065, they could not hold the Bitcoin, for me thats the reason why BCH even went up to this level. It's still in a downtrend while making a lower high!

코멘트:

I am short again 1095 with a stop at 1155

코멘트:

If it drops unde 1040/1020 it will probably accalerate. It all depends on Bitcoin being able to push it higher

코멘트:

This will go to 1210/1230
Iam out at, again a loosing trade.

코멘트:

If it cant even reach the 1200 it's a sign of weakness again and a lower high, if it drops below 1100 i expect going lower again. I will probably short it if it drops below 1100. Currently i am flat

코멘트:

I am long at 1190, BTC seems to be losing

코멘트:

showing strengt now with higher lows, it should break out aboven 1220, if Bitcoin drops below 7600 and later on 7500 than the higher prices will come sooner than i thought

코멘트:

I am out at 1255

코멘트:

I will jump in again above 1285

코멘트:

I am long at 1265

코멘트:

Next target is 1390/1420 if it stays above 1240,

코멘트:

Unless volume will increase and spikes through this, it will most likely drop to 1280 again or lower, so i will sell if it drops below 1300

코멘트:

This is exactley what i meant, but we are not there yet it has to spike untill the target of 1390/1420

코멘트:

i am out at 1344

코멘트:

Back in at 1295

코멘트:

I have added at 1242, stop at 1180

코멘트:

I will sell below 1265

코멘트:

not looking good,i have shorted it

코멘트:

Adding short at 1230

코멘트:

Short stop at 1275, its all to risky, have to keep the losses small

코멘트:

Around 1200 i will buy again. With a stop at 1120 and a target around 1500