alanmasters
Long

Bitcoin Cash (ABC) Mapped Out W/ Long-Term Targets To 1400%+

BITTREX:BCHBTC   Bitcoin Cash (ABC) / Bitcoin
Good Friday my fellow cryptocurrency trader.
Here I have the Bitcoin Cash ABC ( BCHBTC ) chart for you on the daily and weekly timeframes.

The main chart above is the daily (D) timeframe

  • On this chart, we can see that BCHBTC hit a low in Mid-July '19. This same low has been maintained.
  • BCHBTC has been consolidating trading sideways since then.
  • EMA10 is now being challenged and a strong bullish move can follow next. This is based on market cycles, experience and early signals coming from the charts.
  • Strong bullish divergence can be spotted with the MACD and RSI .

Now let's continue with the weekly (W) chart for Bitcoin Cash ABC ( BCHBTC ):
  • Notice that the late December '18 support has been hit. When this level was hit last year it led to a 185%+ bullish move. BCHBTC is now trading within these same levels.
  • On this chart you can find the main Fib. targets as well as the All-Time High profits potential projections.

This will be all, for now, to keep it simple.
Remember that we are active with this pair with leverage as well with an easy target of 111% potential profits, you can find the chart below:
Thanks a lot for reading.

Namaste.
Jan 05
Comment: First target hit and 18%+ of profits generated.
Jan 10
Comment: TARGET:

(1) 0.03010 |Hit 3-Jan. (+6%)
(2) 0.03150 |Hit 6-Jan. (+10%)
(3) 0.03333 |Hit 10-Ja. (+17%)
Jan 14
Comment: TARGET:

(1) 0.03010 |Hit 3-Jan. (+6%)
(2) 0.03150 |Hit 6-Jan. (+10%)
(3) 0.03333 |Hit 10-Jan. (+17%)
(4) 0.03533 |Hit 14-Jan. (+24%)
(5) 0.03800 |Hit 14-Jan. (+33%)
(6) 0.04100 |Hit 14-Jan. (+44%)
(*) 0.04220 |Hit 14-Jan. (+48%)
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Comments

Thanks a lot. My first transaction and 100% earned :)
+1 Reply
@JohnyF1, That's really good, great for you. Thanks for sharing.
Reply
@alanmasters I appreciate you taking the time to post thorough, unbiased, and clear charts. Thank you as always. I hope you have a wonderful 2020!
+1 Reply
alanmasters HeyJonBray
@HeyJonBray, It is my pleasure.

Thanks a lot for the support.

Wishing you a prosperous 2020.

Namaste.
+1 Reply
good chart, I like it!

I have made also analysis, which worked out +14% gain, but fo BCH/USDT

Reply
alanmasters Trader_ADA
@Trader_ADA, Thanks for sharing.
Reply
Trader_ADA alanmasters
@alanmasters, yeah, you are welcome mate, happy 2020
Reply
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