abdullatrader
Long

Bitcoin Cash - Another BULLISH Move!?

BITFINEX:BCHUSD   Bitcoin Cash / U.S. Dollar
Hi traders, Its been crazy the past few days with Bitcoin Cash             volatility and price jumps. Here is a nice trade setup for a strong bullish move but only when we have a confirmation (breakout of the wedge ). I personally think that this move will let market makers distribute any Bitcoin Cash             they are still holding before another correction appears. I'll keep you updated! - Abdulla
Comment: We got a breakout! 4 min after I published this idea! Faster then expected... Market Makers are following me? lol
Comment: Target 1 Reached! :)
Trade closed: target reached
hi its always available this analytic ???
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thank you sir for your chart and greetings from (vienna) austria

could it be there are more sign`s of bull-chart like the falling wedge

1. inverse head (1008 $) and shoulders (approx. 1180 $) and neckline approx 1510$
2. cup and hangle,- if it is that - then it could be up to max of 3470 $
3. the value 3470$ is also the fibo extension-line of 138,2 % (when 0 % was the value of approx. 300 $ 9
4. timeline could be until 11.17.2017 ( = fibo duration 5 days from previous peak)
or 11.29.2017 ( = fibo 13 days from the previous peak) due to the previous
timeline from low ( at 10.10 2017 till the high on 11.12 2017 was also near 33 fibo -days
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I think the time frame may be a bit longer. The 2nd peak will most likely be 5-7 days after the first once the volume and price stabilize.
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Great call !
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@AAlFadhala accurate to the cent!
if you don't mind me asking, what was the logic behind setting this point as TP?
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you sir, are an absolute guru...you have my utmost respect!! keep up the excellent work
+2 Reply
Does that mean then that BTCUSD is headed for the rocks seeing their recent inverse relationship?
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no they are not. they probably don't know even you exist
+1 Reply
abdullatrader Altcoinsmart
@Altcoinsmart, lol it was a joke, get it?
+7 Reply
Altcoinsmart abdullatrader
@AAlFadhala, no i am not so smart as you
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