Entry 0.077 (wait for confirmation) or 0.093. Target 0.136.
If you saw my update yesterday (see related ideas) you prbbly bought around 755$. Wether youre gonna hodl is up to you. i reached my target of 10% profit. But im not out i think the breakout could lead us to test the 900$ resistance.
Consolidation under the local maximum level The penetration of the level of 0.5% Fibo enables the profit
Been long since 0.076. Charting to get a clear picture and to give a more conservative target.
If you followed my charts, you havent lost anything. Wait until btc calms down
In this comparative analysis, we can notice how, before mid-October, BitcoinCash and Bitcoin had a negative correlation (marked by the purple arrows as price action from both repelled each other), and as the Elliot Waves cycle on BCH initiated around October 23rd this has shifted to a positive correlation, as rallies in BitcoinCash mimic those in Bitcoin at a...
The market bounced off the 0.618 fib retracement and the bullish momentum is still on. Our target is 0.10424.
BCC reminds me a lot of Bitcoin's Fractal before we broke ATH. Watching for the retrace back to the trend line before entry
Price brokeout R-resist. and now will break the next r-resist. When will breakout - waiting for rising. Use Supply zone as target (680-690$)
It looks like we are getting ready for the next leg up. We are forming a price wedge and preparing for another move. Bitcoin Cash has been in sync with BTC the past 48 hrs. As long as BTC continues to climb towards 8,000 BCH will hit 700+ . We will meet resistance at 650 but the market moves fast. On the down side... 600 mark has acted as strong support but a...
Previous analysi s Double bottom didnt confirm: Bear Flag Still in Play if it doesnt breakout: in the previous trade i bought at 575$ but it didnt break the resistance and sold at 610$. in my opinion the risk just increased. so im rebuying when it actually breaks the resistance. the rest is up to you.
BCH reach last target. Its time to choose another target for BCHUSD On chart we can see Pennant — this pattern can be broke out Up or Down. Targets on chart!
Price brokeout R, its mean continue rising trend, but.. Bitcoin cash brokeout S-support line of continuation movement, so I expecting some correction to R(mirror support)(will short) then continue rising (long position)
BTCUSD price action broke the multi-months bullish channel following strong momentum. For now I am expecting a bit of correction that should be a potential buy area for a target to 8068.55 over the coming days. Strategy: Buy on dips around 6230 area for a target to 8069. Stop below 5389.
previous analysis
if it closes under support we go downward
We had really accurate trades with bitcoin cash in the past. Let's see if we will be right again. - Our first post had a target of 660 usd, it just hitted the 680 usd. - Our second post was a short to 550 usd. Unfortanately it missed our target on 10 usd. It went down to 560 usd, but we made a little profit by lowering our stop-loss. Unfortanately we couldn't...
It seems we are in elliot wave 4. It could touch the trend line again and after that start the wave 5. Check my signature for buy and sell zones