This is my prediction for BCH longterm. Crypto currencies run in a fractal pattern (BTC to $180, then correction to $80, bull-run to $1000 in late 2013, correction until summer 2016, then to $7800 a few days ago - rinse and repeat). The same goes for BCH, but un steroids.
Good Afternoon traders, First of all, we hope you have been enjoying your weekend so far. As we are currently in a very decisive trading zone in bitcoin, we thought a daily time frame update will be good. We wouldn’t deny that bitcoin is still in an intact uptrend. However, the market already reached our statistical target of 7860.48 and from this level, the...
I see a dip to 1060ish, but be wary of new market sentiments.
Commenting the situation with Bitcoin Cash, I can tell you following. I think Bitcoin Cash is a useless altcoin with shitcoin level. I don't believe in this market. I don't trust this market. I think that Bitcoin Cash's real value is much lower than 1000.00 USD and the market can drop to it in short term. It's just only my opinion. But if you like adventures, this...
It's not a secret around traders and investors that Bitcoin Cash is the next big thing and everybody try to spot the best possible level to join the rocket. A simple trend line into the hourly chart indicates that buying around the 1200 level is the sweet point to go long. In case you are a firm belever that Bitcoin Cash has a potential like the one bitcoin showed...
BCC is very bullish right now. No wonder, if we compare this Chart to the actual Situation out there. We will have two Camps and one camp is the BCC-Camp. Lets see what happens tomorrow with this BCC to have a clearer and deeper insight as for now. We are in the mid of a movement, so i dont want to decide for myself what happens next. Things can change to...
Firstly, I would like to apologize if my chart is not to scale. This is the second chart I have ever drawn and a complete and utter noob at it. Anyone who is willing to teach me please DM I would greatly appreciate it. I would also like to say thank you to everyone who gave me a lot of support on my first TA on Tradeview...I never thought that it would hit that...
That was last time one of the best entry: www.cryptocompare.com Now i present my plan to rebuy after profit taking (2/3 of initial entry 18.10.2017 @ 332$, taken @ 1996$ after bounce from 50% fibo retrace from ATH). Basically i will retake positions here around blue lines, if market will decide to retrace to that levels. If not i will stay with 1/3 of my...
MUST be opened in 1 minute timeframe. SomeONE (yep, ONE person) made a nice income :)
Investors will take profit in 1-2 days
this is an update on the evolving considerations of bitcoin chart: www.tradingview.com
The crazy bull-run from Bitcoin Cash could be about to come to a halt. There is a reversal pattern forming. If support is broken, we might see a drop to the fib level 0.618
BCH long basedon trend, will undoubtedly run up pre-fork.
WOW. We have been long Bitcoin Cash since $540. I was expecting a rally but this is a monster! BCH did what took BTC 3 years to accomplish within 3 months. BCH is now finding a new ATH. For now we can only hope for a retest of the breakout around $1000 to reload our position. This coin fuels lots of emotions/philosophical debates for traders which leads to FOMO...
Over 200% in a few weeks? We need a short plan! A breakout from the support at $885 should bring a huge selloff where we can add short positions all the way down to the pivot support at $535. Be advised, there is a classic fibo support at $582 which can reverse the market pretty hard. Here;s a closer look. Cheers and GLWT! -Erik
Bitcoin's offshoot bitcoin cash climbs more than 40 percent as traders shift away from the original bitcoin. Now it's time to see the actual valuation with BCHUSD _____________ let us know what you think by commenting down below make sure to give a Like if this analysis clear your thoughts!
It looks obvious that BCHUSD is in a Cup with handle pattern. we can see that from the MACD and RSI. With this as forecast we can also conclude that after handle correcion it may move up to around 2500$, whether the correction is before the fork or after, future will tell. Im currently not long or short im just riding the waves.