Bitcoin Cash quotes plummet due to Bitcoin weakness
Bitcoin was unable to continue the growing trend and collapsed. Following Bitcoin, Bitcoin Cash quotes also collapsed. The closest low that the price created is 530.87. We placed an order slightly lower at 530.00. A break of this level will mean that the bears are very strong and can push the price even lower.
Order Type: Pending Order - Sell Stop
Entry Price at 530.00
Take Profit at 500.00
Pips Earning: 3000
Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1580
USDJPY sell at the price of 113.60
GBPUSD sell at the price of 1.3735
USDCHF sell at the price of 0.9170
Daily technical analysis of cryptocurrencies
The profit can be $300.00 if the trading volume of 10 Futures.