We'll see soon where BCH is heading, some say up some say down.
After a strong up a strong down. That is swing. So we can expect a down to the area 300 usd. Let's see what happens. Happy trading. :-)
After failing to remain on the uptrend line shown in my previous idea, BCC / BCH is still showing consolidation action slightly below the $300 level. After a long time of consolidation there are neither buy nor sell signals, which means we will have to wait for a clear one to show itself soon. This technical analysis is based on the fact that after consolidation...
BItcoin has developed a triangle that is about to finish. An attempt to break upward the upper line occurred just before the hard fork, but the uncertainty kept people in a expectant stance, ready to take positions. Now, the battle has ended and the war is close to its end. This final triangle may break upward as a consequence of the new trust and support in...
After Poloniex credited BCC / BCH to its users and nothing major happened, the market is now ready for some movement. The fear of Bitcoin Cash going down in price after another large exchange lists it is seen as the reason why it was in a rather long consolidation phase. The chart shows that the price has remained withing a certain range and is now reaching a...
BCH found support at 265 and bounced up, it is now trying to break the resistance at 344. Found good support at 310. Have a good day!
As you see in the last chart ( BCHUSD-15-Until-8-8-240-USD-than-2-ways-poss-65-or-440-USD/ ), Cryptos are "Fibo business" (Fibo Areas). Now we are in an new phase with BCH. The steam is out, but Fibo is still important. We need to interpret fibo in a different way. So i see two possible szenarios: more up to 520 USD or down to 230 USD further down. Currently I...
This is a 5th wave scalp, I am posting because the structure looks clear. I wont be trading this, I missed the big move from the bottom as I was AFK, but figured I'd drop a hint for anyone already trading BCHBTC. If you get in or already are in and haven't locked in profits, be cautious if the 5th wave starts to develop, sometimes they don't even extend past the...
Bcash has gotten some legs on this reversal. Looks like we'll see a wave 5 here up to the support/resistance point of .16. I would think we'll see this target by tonight or early tomorrow morning when I'm trying to sleep, but can't because I'm watching charts. happy trading!