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Bitcoin Cash Swing Trade with 700 per cent returns

Bitcoin Cash Swing Trade with 700 per cent returns

At first we have to short BCHM18 on Bitmex to the previous support on the 29th May 2018. This means an entry from its current level to 0.1233-1270. We expect Bitcoin Cash to retest this position.

Short Side 7 Per cent with 1X Leverage – With 25X Leverage that is over 122 Per cent.

 

Nouvive recommends a long entry also from 0.1233-1270 with a Saudi stop loss 0.1180.

 

Nouvive recommends a take profit level to the 0.5 Fibonacci box which is between 0.1520-0.1564.

 

Long side 23 per cent with 1X Leverage – With 25x Leverage that is over 500 per cent profit.

 

Nouvive: Home of Crypto Beginners, Traders & Investors. Nouvive provides Cryptocurrency trading news, Analysis and indicators for beginners, traders and investors.

Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.

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2

ViFeed Indicators

Bitcoin (BTC)
$5457.34
52.00 RSI
-2.54%
Hold
Ethereum (ETH)
$164.36
49.00 RSI
-3.39%
Hold
XRP (XRP)
$0.3
47.00 RSI
-6.01%
Hold
Bitcoin Cash (BCH)
$279.1
68.00 RSI
-3.22%
Hold
EOS (EOS)
$4.79
22.00 RSI
-7.14%
Buy
Litecoin (LTC)
$73.1
50.00 RSI
-0.97%
Hold
Binance Coin (BNB)
$23.27
66.00 RSI
3.54%
Hold
Tether (USDT)
$1.01
8.00 RSI
-0.26%
Buy
Stellar (XLM)
$0.1
58.00 RSI
-4.81%
Hold
Cardano (ADA)
$0.07
33.00 RSI
-3.92%
Buy
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