Hi, Traders ! Monfex is on the air ! Bitcoin Cash stays on the track towards the next target level of $350. * We have seen a very positive dynamic of BCH price recently, while the coin has successfully made its way from $200 to $300, within a couple of weeks. * As BCH network halvening approaches, many of market participants expect the price of BCH to surge,...
$BCH Starting to look interesting; we're still being rejected at weekly resistance so I wouldn't be a buyer just yet, however if we see a weekly close above 0.03257, I'd anticipate a +48% move to retest the 0.04843 level, which would then entice me more than the current R:R.
With new all time highs in US equities indexes we should see that spill over into the cryptocurrency markets.
In short, Many of the ALTs have reached what seems to be the bottom, and an expected bounce. However we are not sure as we don't have enough data \ history to make this conclusion. Many of the ALTs what I believe are still in the BEAR market and are still looking for the bottom, whereas BTC has and is in a bull trend\market. BCH did well before BTC found its...
Avery Good Opportunity to trade BCHZ, Shark Pattern along with a strong daily and weekly resistance, RSI Over Bought Good Luck
Hello, dear Traders! Monfex is at your service and today we overview BCH/BTC. After the price had plummeted to the support line, a triangle formed. Near the triangle's resistance we have MA50 , the breakdown of which will be a confirmation of a bullish scenario to the next green resistance zones. But there can also be an another script. By breakout the support...
Its time to watch this dumpster fire light and take its coarse... Pray for alts gents... 80% inbound when the weekly chart closes as strong as it is now. Be Careful Out There Gents, Mr. Manbearpig.
$BCH Crossing above ~.028 sats level w/ slowly increasing volume... On lower TFs we can see how this level is being flipped into support UCTS Buy signals on the 12H & lower TFs Above EMA50(green) If it founds continuation, aiming for a ~.03 sats as 1st target (8%) #BCH
not used to share charts .. so no description hhh
Great RR if you missed the dump last night. This one seems to be lagging behind the rest on the dump but it is sure to follow should the dominance decide to continue fucking ALT HODLERS. The risk in this case is certainly worth the reward. God Speed, Mr. Manbearpig
Looking like things are starting to bubble up in the alt market with the dominance chart taking its much anticipated dump. There are some really good breakout trades that can be taken at this time. This is certainly one of them. God Speed, Mr. Manbearpig
This is a Mean Reversion trade idea. It is a rather rare trade for me, as I don't like holding mean reversion trades for long periods of time. As always, the idea is to buy low and sell at a higher price, close to the mean or fair price. In this longer term trade, target is a major S/R level for Bitcoin Cash. I will manage this trade accordingly and probably...
Looking more and more possible the more I look at it. The BTC Dominance did make an attempt at a dump... when the market chages so must we. Aside from that this is a great risk to reward ratio and a fantasic trade. God Speed, Mr. Manbearpig