Bitcoin Cash is consolidating in a nice little symmetrical triangle. It appears to have started a recent intermediate uptrend around 18:00 on 11/16. This triangle may breakout and continue the uptrend. RSI seems to be stable at the 50 support line.
Fool Me Twice, Shame on Me Due to the fact that Bitcoin once again failed to break 8k, there is a solid chance that it will start a retracement. IF BTC does in fact start this retracement, BCH may have a chance for a solid rebuttal! Judging by the chart, BCH is attempting to cross the downward trendline that was formed from its previous high of $2800. My...
A very solid retracement after a rally up, could it now break the current resistance?
THERE'S MUCH GROUND TO COVER. HERE ARE SOME TIPS I WROTE TO KEEP MY SANITY. HOPEFULLY THEY HELP YOU. 1. Stagger ALL Buys and Sells 2. Cut losses if you need to, but don't jump back in when you do 3.Don't EVER buy Higher than you sold 4. USE THE BUY AND SELL INDICATORS 5. Hold your position firm. You are gambling on this one, so assume your money is...
I feel dirty doing this but it's all in the name of making more BTC. Now more profitable to mine BCH BTC loosing steam for the time being, naturally BCH Shill army in full effect Looking for some easy profits, will see how far it goes before manually closing. Running a trailing stop.
BCC has had an extreme move to the downside with bitcoin making new highs, and it is finally starting to show some exhaustion. The daily chart is showing a bounce into and out of the MA cloud indicating a bullish trend continuation. Momentum appears to be slowing down on the 4H chart with a doji HA candlestick forming and indicating price could potentially...
Bitcoin Cash's upcoming fork will stabilize its hash rate giving end users consistent transaction confirmation time. Bitcoin Cash will be well positioned competitively with the BTC blockchain by the Nov 17th Segwit 2x fork. There are a lot of bullish signs in the price history from looking at the graph. The fib levels give clues to future resistance levels on...
BROKEN PARABOLA - A Retrace all the way back to the original breakout point is common for these types of patterns. From the $700 level it could stabilize, and possibly start a slower and more sustain uptrend over time.
BCHUSD finds consolidation in the lower 1000's MACD + RSI sloping down since breakout correction - bulls stength weakening! BULL scenario (less likely): Technical bull pennant would send us to the 127% fib target / 3400 Unlikely scenario of ~20/80 in the current crypto market, where #BTC shows strength + alts on distribution with bull tendency BEAR targets: -...
Wave Degree Rule 1: Wave 2 cannot retrace more than 100% of Wave 1. Rule 2: Wave 3 can never be the shortest of the three impulse waves. Rule 3: Wave 4 can never overlap Wave 1. if one of these rules break elliot wave is off the table. Relation Between Fibonacci and Elliott Wave Theory • Wave 2 is typically 50%, 61.8%, 76.4%, or 85.4% of wave 1 •...
Everything I see is explained on the chart. Reference the giant green rectangle on bottom right. View my other chart as well by clicking HERE
As much as I dislike this coin, seem to be a lot of reasons to catch a quick long If this chart turns you a nice profit, please consider dogenating to the "PoloVita gets to keep living indoors" fund. It's a good cause. Doge address: DM2whCvsuM4Lw6xnJnuLumNsLF1jboF4WU Btc address: 1G7wcbpMGhqSZzyyurCFZ1io3QNp51zvL1
Call me crazy, but I think the pumpers behind the move last weekend were using Fibonacci levels down to the T. I can see this happening again this upcoming weekend. Whether you like Bitcoin Cash or not does not mean you can't extract profits from it. I am swinging into this position heavy and taking on more risk for more reward. Lets see what happens. Take...
In the past I made a lot of analyses about Bitcoin Cash, you can check them here: - Post 1: Buying at 440usd till 610 usd. Target hitted. - Post 2: Shorting from 650 till 560.Target hitted. - Post 3: Buying from 660 till 810 usd. Target hitted. - Post 4: Buying from 1000 usd. First target hitted. The trade I wanna make today is based on realism. Lot's of...
More potential downside if the market consolidates and retains it's price of about $6,750 - for the next 3 - 10 days
Hey Everyone, After a crazy long weekend, the Crypto market saw Bitcoin making all of the miners confused, It's an opportunity that will not return again it's like Bitcoin a year ago. Our mind can't realize the future potential there is in these coins it's like the internet in the 80's. Bitcoin will go up and still didn't reach his full potential and as we all...
Volatility tightening on high volumes. HF successful. Get ready. Crypto moves fast.