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.
I'v been trying to understand the relationship between the two biggest bitcoins. We need strong BTC bull run because that is going to pull BCH up (as well as a whole bunch of over coins). I think we're on the verge of a new uptrend, BTC is riding all along and testing the downtrend line. Soon it will break. What do you think? I would like to see how the newly...
BCH looks good anywhere in that zone. It has touched that area a few times.
Despite the $BCHUSD daily looks weak, some signs I noticed on weekly and 12h charts made think there will be bull run aiming 5K levels as the first target. I anticipate the run to start around 1st week of January 2018.
(Trade thread on Yours.org (check my signature) will be posted in a while) It's been a while since there's been an opportunity for a long trade on Bitcoin Cash, in terms of what's safe and responsible to call at least. Looks like we've found that situation. BCH has diverged from BTC primarily because the BCHBTC pair has finally broken out above 0.18, MMs...
In my opinion it looks like after very long run from 1K to 20K BTC reached wave5 and turned into A-B now Im expecting step C correction which could aim down under 10K ( 8,7,6.. ?) Depends when will newcomers to crypto (NOOBS = New Order Of Blood) start buying. Because most of smart crypto money are allready turned into so long called shitcoins/altcoins (...
BCH has been moving on the uptrend line, forming a triangle. The volume has been diminishing for the past few days with average RSI, yet we can still see some accumulations over the period. Brace yourself, the storm is coming :) Note: Always be cautious with a downward breakout, the range is huge and we might see the support at below 2k. Happy trading :)
I think this will be the trend for BCH
BCH has made a nice TK cross on the 4HR. Looking for a nice breakout of the Kumo cloud before heading for new highs.
This is Gann Fan for BCH to confirm next target we need to see a close above the redline so do your own TA before taking the risk for this trade,,, (this happens before if you remember) I will make new update for bitcoin and show you the previous pattern. Otherwise the price will Reverse and get back to Main Red line ~2000$, will be updated soon. Good Luck
Risk: Low/Medium Dear followers, We need a daily close above the 0.618 fibbonacci level. If that happens, we can continue to look for higer levels. Old resistance (blue line) will then be a new strong support. If we close below, first buyback level is 2012 If we drop further I'll buy more arround 1560. MACD is still bullish. Please, follow and like for more...
A bull flag fractal pattern is draw on the chart. We should see a 5 wave impulse, the first wave to test 4k, wave 2 to retrace, wave 3 to attempt again and breach 4k, 4th wave will find 4k as support, and wave 5 could go up to 4500 or beyond (hard to tell where it might end because we are at all-time highs). Also, just because crypto charts seem to love triangle...
Finished 5th wave BCH USD RSI overbought but during strong trends, the RSI may remain in overbought for extended periods.
Bchusd and bccbtc on bittrex seem to be forming a bull pennant, buy at the bottom of this pennant would be a safe buying zone. In case of an outbreak, buy the bounce on the flag. Bch is now on gdax and btc might see the correction that would had to come someday.
BCHUSD - operation risk free :D
Disclaimer: I would just like to make clear that I am agnostic to the war that has unraveled between the two coins and that I will strive to remain unbiased in my analysis. Fundamentals: Bitcoin Cash 3.17% has had an interesting announcement just recently by Roger Ver himself (check out his twitter): Visa debit cards. The aim is to make the currency utilitarian...