Hello fellow traders, BCC just completed a perfect 1:1 ABC zig zag 4th wave correction down to 0.152, a confluence with the 100 hour MA in red. With this wave’s third wave being 3 times the size of 1, we can expect the fifth wave to terminate at the 5x expansion of wave 1 at 0.183. Currently we have indecision Heikin Ashi candles. We're looking for a green...
Sit back and be patient
looking into these repetitive or similar fractals Blowoff top - nasty dip - consolidation halfwayish - another dip - quick pump close to previous high -- consolidation what comes after that second consolidation is either long term bearish consolidation like in the blue boxes, or a nasty pump like in green box. Bcash is crazy, and with the hard fork (increase...
If this breaks out of this pattern started 10/20/2017 pandemonium
I suggest that BCC/BCH has a possible moon shot towards its ATH's 38.2% retracement, which would be around $2400, a considerable leap from its current level of $1400. The gains for this setup are in the excess of 70%, the downside considering current market is limited in our opinion, the estimated period for the trade is 20 days give or take.
PARABOLIC POTENTIAL
This could be a big quick move!!
Great Opportunity to short BCash on Bitmex. This short would be epic. Take care of the margins and if you are a novice trader don't play on margin
While Roger Ver promised Cash would be main Bitcoin by April, market wasn't so optimistic. From my personal opinion: even BCH can stay , it will be never higher than 0,25 again , I suppose. It simply cannot replace/destroy/overcome Bitcoin, but ironicly will always accumulate some volumes and users as a younger brother. Not a bad idea - to buy some at 0.135!
Hey everyone! Looking at the 4-hour chart, we can see that BCH has been on fire since doubling its price last week after being dormant since December. It also recently announced a hard fork on May 15, 2018, which often results in the price pumping until the fork completes and is followed by a quick dump. This is nothing new to BCH. In fact from looking at its...
For the 7th time in the past 12~ hours BCH is finding another bounce play for the short-term. Simple trades with RSI & checking previous levels, nothing too crazy here. "Alert just popped off while writing this that our 3% target was hit" Looking for retracement now and another bounce play! Have fun, be safe, do your own research!
A lot of selling volume above 0.16 level. Still, price holds not reaching 0.15 level; I consider this a bullish sign. It looks that overbought market needs a correction. BCCUSD also struggles to hold above psychologically important 1500.0 level, but price pattern stays bullish, and volumes during the uptrend were significantly big, which confirms the strong...
BCH BCC vs BTC on Binance BINANCE:BCCBTC
Coin of the day Bitcoin Cash Bitcoin Cash is peer-to-peer electronic cash for the Internet. It is fully decentralized, with no central bank and requires no trusted third parties to operate. Bitcoin Cash is the continuation of the Bitcoin project as peer-to-peer digital cash. It is a fork of the Bitcoin blockchain ledger, with upgraded consensus rules that allow...