That's simple ew waves. Googluck & safe trading Guys!
BCH doesn't look too strong following it's pump. Im seeing a descending triangle inside of a head and shoulders pattern. However, we have not broken the neckline. Therefore, this is a speculative short position that I am taking. Target is the first resistance turned support.
I think the BCH price is so hot right now, so I cannot recommend to open long-term position because if you open the 1-day TF you will see the strong resistance line (100EMA) @0.093. However, I think this action on the card is a good sign to build small position for a long-term period. The MACD: bull trap The RSI is at overbought zone. The EMA lines: you see a...
THIS IS NOT FINANCIAL ADVICE. Disclaimer: I am personally going long w/ BCC. ________________________________________________________________________________________________________ I am trying to visualize the price action as if I were entering a position based on the data until I am confident enough to do it in the market. These are just theories I am testing...
BCC - Dropping 50% correction and losing 24 times value a. Continue to fall in price to 0.053445, completing the wave region at H4 to prepare for a correction wave. * This order will be canceled if BCC exceeds 0.077537 b. Increase 50% after decrease in area 0.084807, complete wave of H4 to start the last downtrend of BCC. EP: 0.053445 TP: 0.084807 * SL c....
Here is a quick look at Bitcoin Cash (BCCBTC). * We have slowly increasing volume, over the long term and decreasing price. * BCCBTC price touches strong support (yellow rectangle) and bounces with increasing volume. * Really strong bullish divergence on the MACD. * RSI bouncing out of oversold. * Early signals of formation of a bottom. * Bitcoin Cash is...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 17th of September 2018 . Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 20.79% PROFIT!!! The increase in price may also be explained by positive developments including: ...
First target 700 $ Stop loss 530 $ 40 % profit
BCC is one of the top currencies, when enter than now? Partialy buy at the price drop. Dont go allin. Or wait longer? Too much about BCC do not see, why? I dont know.. I think we are approaching very strong support, but I'm amateur and all my analyzes are purely like a hobby, I do not understand too many technical aspects. Trade at your own risk. I dont like...
BCC is a real/equal alternative, isnt it? Equally important and trustworthy as BTC. The network size decides the election. Remember the ATHof ETC near 50% in price? ETC's only agenda was "immutability" supporting a thief at that time. Weak/logically flawned point. Blockchains are no autonomous. People run blockchains. You could say a blockchain network is...
BCC is getting ready for the next move. Next target 15% up. Happy trading
Indecision candle has formed on previous candle, current candle is down but if this candle or the next candle trends above previous candles high could be a small bounce up to next resistance
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Patterns: descending triangle Horizontal support and resistance: S = 0.092 | R =...
Hello guys, whats up? I hope you have a great day. Sorry that I didn't post any idea past couple of weeks. I went on a trip and I'm back and hungry for profit! these days we saw BTCUSD correction lead to a bloody alts market. but as we come closer to C.B.O.E ETF decision we can see scared handes throw away alts. so we can spot very good entry points for them....
while we could continue lower to 600-650 (.092), i'm betting bch reverses trend soon
Patience is a virtue. We will just need this to breakout so that we can get a great entry!