Looking good for a nice landing on the 50 MA on the 5 min chart or 20 MA on the 15 min chart and gaining the support on the 200 MA
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Testing the support to make a double bottom now... still great pricing in my opinion
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it really should hold here or we may have some concerns...
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Just a few more minutes until the launch and we will see more velocity in an upwards thrust. Last chance to increase your positions at a good price.
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It's struggling a little bit here to turn the 200 MA around. This moving average is like a 747 plane compared to the 20 MA being like a fighter jet. So many things to consider when charting. The downward force of the 200 is crushing the wave downward a little bit delaying the rally. It will take a little more time. Don't panic here.
@Detri4228, ok... to be honest I never use stop loss I just stay awake and watch my charts 24 hours a day... lol.
Detri_Mantela
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@graham.edwards84, so do you make living with it or what?
graham.edwards84
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@Detri4228, no I'm just a regular working stiff. I work in a mining camp in Northern Canada 12 hour days so I'm not always at my office desk but I try to keep an eye on things. For me I have just learned to exit out of a position and wait to get back in. Sometimes I have to leave a little money on the table... but I just don't like stops. But if I really had to I would use them.
Detri_Mantela
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Isn't the price correlation between BTC and BCH is the straigh forward? If so then why we are looking at BCHUSD chart and not at the BCHBTC chart?
imkeshav
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"Last chance to increase your positions at a good price" woke up and saw this in the morning and decided to buy 1 more BCH after it jumped to 653 and then back to 638/ All in now! Thanks man!