I am! The entire crypto market is centered around BTC, which seems to be holding its own for the moment.
I think from a utility aspect, BCH is was undervalued. They have a solid community with tons of developments and adoption efforts.
Of course, the entire crypto market could tank tomorrow, so only invest what you can afford to lose, and always have a bit of...
ada/USD and ada/BTC both look good in terms of timing for a move upwards. this is a 4 hour chart showing a rising wedge complete OR almost complete. Can this just DUMP from here? of course it can and it may lol. but we have to go based off TA and this chart pattern is very strong.
this can be a ABC correction and continue down more.
OR this can be a 5th and...
I left my previous arrow up there. It's followed it perfectly. We are looking to bust higher very soon. If we bust through 410 area, we move to 600 next.
Happy trading and hodling,
-Sherem
EW wave 4 correction invalid.
ABC possible. (corrective and new low incoming.
5 waves in finished = correction being much longer
and more time consuming.
Over the last month or so, we saw LTCBTC leading the way out of the crypto winter.
It had 2 consecutive bull flags, That was easily traded.
Now i see Flag on both BCHBTC and also on BTCUSD.
Is it the same route we will take now?
I believe so.
This is within the next 2 weeks
Currently, Bitcoin Cash has made pretty nice recoveries but soon it reaches into the resistance. The resistance free area starts to become over and it is time to take some profits.
Those who are in mid-term position on BCH then they should consider taking some profit around $400.
Those who want to take risky short-term trades, right now, on BCH consider that the...
looks like we fell from a rising wedge, to a channel. This channel has held price inside of its boundaries for 120 days so it seems to be a solid channel to rely on. What I am expecting is a bounce to the top of the channel then another lower low. We could just break out here but the more probable thing to do is hit then channel for wave E.
Several reversal indicators identified on the chart. BCH is sitting now on top of the 200 day moving average and forming a bullish pennant.
In addition, you will notice the 20 day moving average crossed the 200 for the first time since April 26, 2018! that was a significant bullish cycle however volume needs to drive the 50 day to cross as well.
Fundamentally...
XLM has shown a very nice head and shoulders bottom that seem to be in its final stages. we can shoot up from here or go down a little. This pattern is a reversal pattern on a daily degree that can shoot this coin back into fame again. I placed a area for wave 3 to end which is where the minimum target for the H&S pattern is set to reach. But, I think we have good...
Today was a long day of red, however, as we find with most intra-day activity, most days (more than the lesser) have periods of almost 50/50 of bear and bull for bch. Today was a little more shocking as the market today was low in activity, with some minor pullback.
I'm hoping to see the next 12 hours in a mediumCOINBASE:BCHUSD bull run.
$BCH has been steadily trading sideways since making major moves earlier this month and is now trending back up on the hourly for a full bust back above $300 which should take it to $450 on this next leg up. EOY estimate still on target for $3,500
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