Entered at blue / red line. Maybe this last pump scared off a few, but we remain bearish. Looking for new ATL's.
Is this a falling wedge reversal we see? Then we need a game plan! The max consolidation level stopped the drop and we’ve seen a nice bounce. From here, we may see a breach of the falling wedge, a fibo extension target at $454, the pennant target at $466, and possibly even a daily target at $612. I can also see the rally kissing the major fibo resistance at...
This post is an update of earlier set up, I called (again) BCH STRONG support area alarm_clock: 2017-10-19 Top 5 price increases over the last 20m: BTC-INCNT - Price Up 33.3% - Vol Up 266.9% - Last price: 0.00004200 BTC = $0.236 ETH-TIME - Price Up 14.6% - Vol Up -1.3% - Last price: 0.06638721 ETH = $20.467 BTC-PDC - Price Up 10.9% -...
with 7 red weeks, bitcoin cash has finally touched the trendline and is ready to choose where it should go. RSI is showing very oversold (great sign). Currently at 288m volume (very low). Let's see where it will pull off.
Hello, I'm waiting for a bullish breakout for the next bull run. The pattern looks the same as last time as you can see. Volume today has increased with over 30m and is now at 124m (still very low but will increase a lot if it breaks the resistance).
If BCH drops beneath 0.0800 it's hopes of remaining a high market cap coin will crash and burn. Setting some conditional short orders at ~0.07950.
Looks like support may break around the .112 mark. If 4HR closes under that, prepare for a drop to .100 or possibly .095
If BCH closes lower than .112 BTC on the 4 hour, it will likely fall to .100 and as low as 0.095.
Wanted to publish it yesterday, but was to scared to call a bottom on bcash. I don't want to trade this scam, but if others want they are free to do so. I just like what I see in this chart and I am putting my emotions aside to post this. My RSI 21 OHLC made one of my best and most profitable patterns : Hit RSI trendline, in an extreme oversold condition and then...
BCash failed and people realized that it is not Bitcoin but just a useless coin for miners. TD indicator shows a slight possibility of a bounce tomorrow but it should fall further down. Sell volume was rising on 4h chart. Overall, the chart will be identical with other pump and dump shitcoin charts.
Let's see how things pan out heading into November. This might be a nice hedge against BTC 2x hardfork uncertainty
We have an interesting situation developing in the BCHUSD chart :) I will be updating this thread as we go, but for now, please have a look at the data. Which way do you think it will go (please include WHY)?
We all hate BCC/BCH. I even hate posting this idea... but with Bitcoin uncertainty and a large "fake bitcoin" conference in HK next week, it is certainly a decent time to buy (fundamentally) twitter.com Technically, we have broken the wedge upwards after bouncing from support twice. I'm targeting .5-.6 on this.
Chart data continues to show a correction wave to the downside (wave-A), but we should be nearing the bottom. We have two support zones in this USD chart as possible reversal zones. We should remember the USD chart is tethered with the BTCUSD pair, so to better anticipate price movement in the BCHUSD chart it is important to analyze the former thoroughly (please...
BCC has the same chain as BTC till 01.08 One day it's gonna go high, but the way is long