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Short on BCH

Atualizado

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

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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

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

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And just now created, also the second reason

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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!

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I am short again 1095 with a stop at 1155

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

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

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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

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I am long at 1190, BTC seems to be losing

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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

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I am out at 1255

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I will jump in again above 1285

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I am long at 1265

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

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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

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

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i am out at 1344

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Back in at 1295

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I have added at 1242, stop at 1180

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I will sell below 1265

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not looking good,i have shorted it

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Adding short at 1230

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

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

botje11

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