2phost
Long

BCH bottom here

KRAKEN:BCHEUR   Bitcoin Cash / Euro
I add some here and will add more later.
I will add more info later
Trade closed manually: Sold by now with some profit. Will rebuy later
Comment: We can see a little bump:
http://www.trustnodes.com/2017/08/22/huo...

Still, I am not in a long position (too risky)
Thanks for the TA. BCH is very unstable at the moment it seems.
Reply
Hi @Pirate4ever , yes I agree with you.
The coin is overpriced, such as the price is consolidating right now.
Moreover, the price increased very quickly, it is uncertain if this is a really bottom of all consolidation, or if it will decrease more. Due to the risk I will wait for development, and trade others crypto coins with great potential right now.
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it crossed you bottom ....
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2phost asebe
Hi @asebe, when sellers are strong it is normal to go a little further down (as buyers make room).
BCH lost momentum at that moment and as you can see buyers are already starting to gain.
Additionally, we are in a positive trend and the price is below the value zone, so I advise you to add in the dips.

Off course this is my analysis and I advice you to do yours as well.
Reply
asebe 2phost
@2phost, Thanks for the Explanation.... as i wrote you in the pm I am still really new to this Kind of trading :)
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