Long Term BCH Trading Guide: Key Levels, Elliott Wave, Fibs

COINBASE:BCHUSD   Bitcoin Cash / U.S. Dollar
Here's my guide I'm using for $BCH for the next 6-7 months.

Bitcoin Cash City
November network upgrade
April 2020 halving

Expected peak: 45 days before the halving (end of February)

T1: $974.31
T2: $1,418.84
T3: $1,863.37
T4: $2,138.09

Bitcoin Cash 2019 growth is impressive. I believe Bitcoin Cash is the most overlooked coin in the space and one of the best long term investments. Good luck hope this helps.
Trade active: Bitcoin Cash on chain transaction volume up 1073% since the low. 914% of that coming in the last 4 months.

$BCH up 323% since the low. Peaked at 607%.
Comment: Bought more
Comment: Buy zone posted July 27th, 2019. Currently in buy zone:
Comment: Upgrading $BTC and $BCH to Strong Buy.
Comment: ^
Current $BTC = $9,685
Current $BCH = $292

Added $BCH at $284
Trade active: Time to start averaging into $BCH. Wave 1 complete. Wave 2 complete or near completion. Price is currently at the 61.8% retracement (the golden ratio). We will soon be entering Wave 3.
Comment: Updated Wave 3 Targets:


Tank you friend
+1 Reply
Go short, my friend.
ll21LAMBOS21 Safe_Signal
@Safe_Signal, Nice trade. However, I am not shorting cryptos. It's similar to shorting internet stocks in the late 1990s pre dot com bubble. Tough to short the future!
ll21LAMBOS21 Safe_Signal
@Safe_Signal, Your cover targets are the same as my buy zone. The lower we go the more I buy. Good luck!
If roger coin can survive the nov "upgrade" without any incident, then I can see your targets being achieved. Problem is tho that every hard fork has invited hostile action so I fail to see how this can be a long-term hold. Not until something fundamentally has changed regarding network consensus.
ll21LAMBOS21 fortunekr
@fortunekr, To be fair, Bitcoin Cash has survived all previous upgrades thus far.
ll21LAMBOS21 fortunekr
@fortunekr, In the May upgrade which added Schnoor Signatures, the dev team detected hostile action immediately, were quick to react, and got the job done.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out