I put my buy orders at these levels. The lower the level, the more I buy.
Bitcoin broke through a short term pullback, moing uup as high as 7780$ before dropping to supoprt. Now price is currently under 7300$
BCC looks like it is ready to continue the bull run. The 4H Heikin-Ashi and RSI cycles are showing that selling pressure has slowed, and momentum is now building to the upside as price bounces off the 4H 50% Fibonacci and Ichimoku Kumo cloud. Buying pressure has formed a strong 4H candle for a long entry.
It seems we are in elliot wave 4. It could touch the trend line again and after that start the wave 5. Check my signature for buy and sell zones
BCH/BCC has been a nice trade for the past few days. Looking for the next entry.
Don't trust me, I'm noob :)
BCH to continue on the run to 600.
BCC after initial push out of wedge it had been in for months. has started to show some real momentum with the upcoming fork and advance in bitcoin. Last few days we made ourselves a higher low on that dip down to low 400s and now are flagging for 2nd run. if you look at the hourly this is close to breaking out again and hitting 600 range very quickly.
Second wave is starting My opinions: TP: 700/800$ SL: 420$ BUY: Above 480
Price broke through two months declining channel
What do you think guys.. It looks like BCC is about to plumb below LOW LOW of the week...? Better sell it now?
Updating by looking at 1-hour time frame from a 4-hour time frame previous post. Los Angeles 6:36PM I wanted to update the indicators RSI and ADX on a granular level. What to look for: ADX is healthy that is running above 25+. RSI is above 60+
Updating to show current indicators. ADX must stay in the 25-50 range to continue its bullish trend. ADX at 25-50 does not necessarily mean it will only uptrend - when ADX is 25-50 it could also show significant strength to the downside. Please do a quick read up on ADX. www.investopedia.com Previous Post:
61% fib of last move lines up with previous confluence price points at around .0633. Could be a good entry for next impulsive leg up if news around BCC/BCH continues to be positive (If Twitter keeps shilling) :P
Possible Long trend , dont miss it . BCCBTC BTC is slowing down its more potential success for this trade