Long
Bitcoin Cash Volatility Breakout
The trading idea is based on a volatility breakout. Now the price moves in narrow range between 1250.00 and 1130.00 levels. MACD lines stay at the signal level and it's an additional confirmation of range market conditions. We should be ready to see a breakout above or below the borders. It will give us a new trading opportunity. As we can make profit only from buying, we should place pending orders above 1250.00 resistance level. Entry level is 1260.00 with stop at 1120.00 level. Profit targets are 1400.00 and 1600.00 levels.
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📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.