Bitcoin Cash is currently having an insane pump. Many of you probably have thought about shorting it or have already done so. But be careful. Look at the massive amounts of shorts being opened during the pump. You do not want to get caught up in a short squeeze, which is what happened for XRP. Instead, if you wish to short it, just wait for a 50% correction and...
Break of 590 will take us to 650.
Bitcoin Cash had a nice rally after news of a possible hard fork on November 15th. Despite the good news, keep in mind after BCH has its rally, it will likely drop to normal price. Looking at Zcash, which also had a hard fork in June, it had a rally during news and declined since. I am expecting the same for BCH. For now, you may choose to long Bitcoin Cash...
BCH Making Triangle Buying Opportunity Buy- 420 Sell 508 , 576, 650 Stop Limit 390 Stay Tuned..........!! Learn Here , Earn EveryWhere
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This is purely speculative and forward predicting without any conformation. -looking at the right shoulder being formed currently may see a double shoulder form like on the left hand side. -I do like Bch in terms of looking for longs currently rather than shorts * Disclaimer: I am not trading this pattern
#BCH #Long (BitMEX Or Binance) #Open: 0.0697-0.0704 opend last night #Targets: 0.0715 (we hit 2 sats under) 0.0729 0.0735 0.0750 #Stop_Loss: 2-4%
Folks, we already broke a large trendline a couple weeks ago. Once we bust through this 630 area we are testing right now we will head to the 900 area. I imagine we'll get some consolidation and if we bust that area there is a lot of room for it to run up. Happy Trading, -Sherem
Might as well reach for the stars Way up in the air where you belong Might as well reach for the stars Even if you don't make it, you'll still be with the great ones BCH seems to be following an ABC correction, and we currently dont have enough waves so we need to go higher. What will cancel out this theory?? A drop below 509. We are likely to head up somewhere...
We found support on the red line and MACD and RSI have bullish divergences. SL should be set just a little bit under the red line.
This came across my radar, which I though was worth mentioning. Looking at daily chart for Bitcoin Cash, you can see it has a nearly completed symmetrical triangle pattern. RSI is oversold and MACD has a near bullish cross. We could have a big breakout to the upside over the next week or so.
Signal given to Premium members on Thursday June 28th at 6:40 pm UTC Pair: BCH - BITCOIN CASH www.bitmex.com OPEN LONG position 10x LONG :arrow_up: : 0.1140 to 0.1146 Target 1: 0.1157 Target 2: 0.1170 Target 3: 0.1184 Target 4: 0.1198 Stop-Loss: 0.1125 6/28 - SL reached unfortunately because btc drops
This signal was given on Thursday 14th June 2018 to our Premium Members as a fast call. Open LONG BCH position with 10x leverage Entry zone: 0.1330 to 0.1340 Target 1: 0.1349 Target 2: 0.1356 Target 3: 0.1370 Target 4: 0.1386 Target 5: 0.1400 We signaled to move stop-loss to target 3 as soon as it was reached, securing a nice 22.4% profit in less than 2 hours !