BCH/BTC(COINBASE) ANALYSIS next off we have bch against btc, its pretty similar to what we have seen in bch/usd , the targets for this retrace are likely around 0.079-0.08 and I will be looking to short with a target of 0.072 and stop at 0.0805 for a nice risk to reward on this setup #batman
Regards, Updating Bitcon's current cash scenario, I see it transiting an ascending channel started from $ 645 @ $ 781 starting from yesterday a decline from its lower retest around $ 710 to settle at current levels of $ 773 to $ 760. In the idea of the possible projections for greater probability upwards, this is due to the fact that a pennant that represents...
Why wouldn't you be short here? Weekly view is the single most eye opening thing I've looked at this weekend for many assets... I am shocked and appalled with myself for not seeing this so much sooner. If you're late to this party, I wouldn't worry, I am confident in the 100% retracement. See you there. This is not financial advice.
Premium call given yesterday at 3.30pm UTC ! SHORT BCH with 10x leverage Entry zone: 0.1362 to 0.1355 Target 1: 0.1346 Target 2: 0.1336 Target 3: 0.1322 Target 4: 0.1310 Stop-Loss: 0.1382 Remember to move your stop-loss to targets !
Of course one has to wait until the upcoming hardfork before selling the coins, if this is the reason for holding the BCH-coins. But technically the signs for a near correction are strong. 1) There is a negative divergence between the RSI and BCH - peaks 2) BTC and altcoins are already in correction mode. They have lost some points from their high. Meanwhile BCH...
Position: Leaning Bearish. I am going to trade BCH because it made for a great trade last time it got clobbered. While I didn't trade it last time, I will look to scoop up smaller amounts on the way down in a martingale fashion. If you scooped up shares down to 800, you made a great ROI on the way back up, even if you got out at the 1200-1300 area. Bear...