Lets put it at this
in mid 2017 the rumors of CME futures drove the price up
However when CME futures were confirmed late 2017
Now in 2019 Bakkt futures rumors drove the price up again
along with Chinese Plus Token Ponzi Scheme Participants
Now here at mid 2019 Bakkt futures now confirmed
Will it be different this time?
Looking more likely that this is going to be the outcome when you consider USD values with BCH, or the whole crypto market if BTC is coming down in value.
This is a really interesting area that majority of tradeable assets tend to hit, and cryptocurrencies is that one.
Depending on your gameplan. Have tight stop losses as it really does depend on BTC when it...
The wave (iv) of (more likely) or the initials in the wave (v) of continues to form. The initials are less likely due to the fact that the leading diagonal was clearly from triples, which is typical for waves A and not typical for the first waves at all.
In short, I’m waiting for bitcoin cash to the turquoise (blue) area and I will buy with a stop at the end of...
In the past few days, BCH's 15-minute market chart teased me.
Because MACD and RSI frequently send out wrong trading signals.
RSI frequently fails to swing.The combination of Cardwell and RSI requires careful study.
The wrong signal, I used the cross mark, the correct bullish I used the up arrow to mark it, the correct bearish I marked with the downward arrow.
I believe a inverse head & shoulders pattern is developping.
I'm looking for the price to retrace to $309 and then buy some $BCH in hope for the price to go back to $318 which would validate the pattern, and smash through the moving average resistance up to $336.
$BCH is a sleeping beast, I am betting on it.
Could we see something good next weeks?
Yes we have a chance, bitcoin can be now in the middle of abc correction...if so, we will see more red on btc. Well, this is a good information for the alts, some capital should came here and more positive colour will appear.
See you soon
BCHUSD - We had a small correction after the big down move, but I don’t think it is enough to make it fall down too hard again.
Look for a bounce at the mid July low area and a reversal. Whether or not the reversal is strong enough to bring us back to an uptrend, we will have to wait and see the price action we get.
If you would like me to...
Just wanted to make an analysis on BCH/EUR
Please see my other BCH/USD which is essentially the same.
I strongly believe 1 BCH will be worth 520 € more or less, and I'm trying to resist FOMO and looking for a juicy entry around 286 €
Good luck Bitcoin Cashers :D
Ok don't listen to all those complicated charts, here's the simple thing :
We have confluence of the 50 weekly MA as support, also with this trendline from last december lows.
For me personally, I have a bullish bias and I go with the uptrend, so I would like to see a retest of the $300 levels and watch closely the price action (in hope to go long). Needless to...