The cup and handle is a pretty typical formation after a pump and dump/hype and crash situation. As we have seen BCH has a steady ground on the 800 mark, and now it's reversing the trajectory. Conversely BTC is dropping at the moment probably for a long overdue consolidation or a short to 6.5k. If BTC is really correcting then for certain BCH will reach 3k or...
There´s nothing to explain. I know the chart is bit a mess but get over it it´s mine and I´m just sharing the opportunity with you. There is possible C&H forming as BTC started its free fall and trust me you dont want to catch the falling knife this time. ( Support 6-4,5K) BCH can go (1500-3500 USD) based on how much will BTC fall Check out my related trading...
Fool Me Twice, Shame on Me Due to the fact that Bitcoin once again failed to break 8k, there is a solid chance that it will start a retracement. IF BTC does in fact start this retracement, BCH may have a chance for a solid rebuttal! Judging by the chart, BCH is attempting to cross the downward trendline that was formed from its previous high of $2800. My...
Bitcoin Cash - The future is here: Bitcoin w/Unlimited Block Capacity == Digital Gold + MicroPayments
I feel dirty doing this but it's all in the name of making more BTC. Now more profitable to mine BCH BTC loosing steam for the time being, naturally BCH Shill army in full effect Looking for some easy profits, will see how far it goes before manually closing. Running a trailing stop.
Not a TA...just an observation of the ongoing BCH-BTC war...
BCC has had an extreme move to the downside with bitcoin making new highs, and it is finally starting to show some exhaustion. The daily chart is showing a bounce into and out of the MA cloud indicating a bullish trend continuation. Momentum appears to be slowing down on the 4H chart with a doji HA candlestick forming and indicating price could potentially...
Descending wedge breaks in favor of the bulls. Other indicators show bullish trend.
As much as I dislike this coin, seem to be a lot of reasons to catch a quick long If this chart turns you a nice profit, please consider dogenating to the "PoloVita gets to keep living indoors" fund. It's a good cause. Doge address: DM2whCvsuM4Lw6xnJnuLumNsLF1jboF4WU Btc address: 1G7wcbpMGhqSZzyyurCFZ1io3QNp51zvL1
The next should hours could give as a clue as what future trends may be. If BCHBTC break postive, it's a good sign for more long-term BCH trading vs a declining BTC. The opposite is true if BCHBTC breaks down. Watch for a volume breakout in either direction.
Well, that's another triangle! in the previous times we pierced them, and during this consolidation we did not fail below 1k, and for almost 2 days we confidently hold 1200-1300. Also, the BTC reached its maximum in the correction wave B and begins to fall, so prepare a sled Tip Jars (100% Voluntary) BCH: 1KUJ3DwxbrS7m32hAFhbswEPpg2AYekZgz ETH:...
This is happening right as BCHBTC is rising and BTC is falling.
It there any more reason to explain why bch wont make uptrend?
Once again BCH bounced off the .786, which has turned into a fantastic scalp. However, the key thing to watch out for is a break above this wedge. My plan of action: I have placed additional longs to trigger as soon as we have a candle close above the line. So watch closely! As a day trader, I will likely take support at each fib level that shows any form of...
The BTC/BCH Pump & Dump is an interesting aspect of the amount of manipulation that can still occur within the "Large Cap" Coins. Macro forces are definitely in play within this particular movement. "The Cashening" seemed like an opportune moment for BCH community/stakeholders to push for a market grab, due to the instability that Segwit2X caused. However, we...
Hi Fellas, After a few days of great market activity, we are ready for another BCH move upwards. We saw a beautiful bounce off .78 fib retracement and it should mark a reversal for the downfall from 2.8k. This move down also acts as a RSI reset. Now BCH might power straight to our target of 2.8 - 3k without retracing a bit from the .382 FIb as the arrows...
POLONIEX:BCHUSDT It seems like we just made a Head and Shoulder Pattern on Bitcoin Cash, as seen in the chart. The price objective would give me a negative number, so there is no point on calculating it. But I would expect a deep retracement on it, maybe all de way to $400 dollars. We’ll see, good luck to you.