This is for the HAI Charting Competition. Look up Dalin Anderson on TV and High Altitude Investing on youtube. COIN: BCH Buyin 1000 - 1150 SL 850 TP 1 - 1400 TP2 - 1600 TP3 - 1800 TP4 - 2200 I will be looking to play everybodys hated coin for this months competition. Everything is dependant on BTC at the moment so it all could go to crap if BTC does. I think we...
BCH's path in 2018 depends on the severity of the current BTC -0.79% correction. This applies to most currencies in my opinion. Here are two possible scenarios: Bullish perspective - market revival end Feb 2018 Bitcoin Cash -0.54% started as a hard fork of Bitcoin -0.79% on Aug 1 2017. Since then it has demonstrated a distinct fractal pattern (red boxes)...
Bitcoin Cash - BCHUSD We can see that Bitcoin Cash has been struggling to regain its bullish momentum, however we find ourselves in a tight trading range between 1500 – 1700. In this kind of scenario we would expect to see some action within the next few days. Looking at BCHUSD, a breakout to the topside could take the prices up to the 2000 zone, where we would...
Same story as with LTCUSD. Pullback is in progress in wave B. Another drop should follow then to hit $300.
BCH HAS BEEN IN THE SPOTLIGHT FOR SOME TIME NOW! WHAT HAPPENED ON DEC 13-15TH WAS SOMETHING ELSE! SPIKED TO ABOUT 5400$ THANKS TO COINBASE INSIDER TRADING AND IT HAS BEEN REVERSING EVER SINCE!]SPIKED BELOW 78FIB FOR A MOMENT BEOFRE CLOSING UP 78% IF WE CAN BREAKOUT UPWARDS WE MAY SEE IT HITTING OUR FIRST TARGET OF $2600
Target here is 2400, if it breaks the upper price range of 2500-2600 with a full candle, then It will look very bullish. Target is based on the length of the flag pole that has formed. Approx 500 dollars. For educational purposes only, please don't trade on my ideas.
T1 - 3100 T2 - 3600 T3 - 3995 Stop - 2200
This is about as high of a probability on a breakout to the upside as you get with a descending triangle. It'll breakout due to a nice MASSIVE buy wall at 7950. I haven' t seen such a large buy wall in quite some time, so take solice in this fact that this bad boy is shooting upward within the next few hours. Factors on the 1 hour.... 1. MASSIVE Buy Wall at...
POLONIEX:BCHUSDT Bitcoin Cash has made a 5-wave uptrend since it’s fork on August 2017, moving from about $290 USDT to $4,200 USDT, as seen in the chart. Since then it has start and ABC 3 wave consolidation, were wave A decline from $4,200 USDT to $1,800 USDT, and we are currently in wave B. Wave B is symmetrical triangle, www.freeonlinetradingeducation.com ,...
BCH is the best coin keeping its support during the crash also BCH is gaining power against BTC if you check out BCH - BTC graph. It's competitors XRP and ETH already made big jumps. Why not its now BCH's turn? Let's watch, will add if we break 2850 level.
BCH as woken atlast Watch for levels on the chart Best of luck
BCH could break out to 5k+ very soon. It is consolidating nicely and looks ready for upward movement near the very end of the triangle. It keeps testing the resistance at $2700. Current analysis shows 130%+ possible. Things to watch after the breakout: 1. Wave 5 Peak The last two highs were at Wave 1 (340%) and Wave 3 (250%). The Wave 1 high was based on a Korean...
We break out triangle and I think in the nearest time we will go up! We must break out and fixed above resistance level (previous maximum). Then we will go to the next fibonacci level!
It seems that BCH still has momentum. Daily, 4h and 3h Stoch RSI and MACD still looks good. It may turn resistance into support. As we got used, the BTC money seems to have moved to BCH for a while. It may still do a 75% retracement but I think that not ontil BTC will start to move upward again. It may hit 9.5-10k. This is a risky trade as BTC might pump again...
Bitcoin cash has to hold the $2400 level for the trend line to hold. There is a short for bitcoin which may impact bcash, so be cautious. If bcash can hold up against bitcoin, expect a rally in the next few days or weeks. There is the upcoming change of the address for bch as well as it will be added to a few more exchanges.