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Bitcoincashtrading

Bitcoin Cash (BCH) Bull Flag/Breakout Buying SignalWe are beginning to build bullish buying signals...... It is bouncing off of double bottom support and breaking out of the bullish flag on rising volumes. All of the many channels are pointing nicely upwards. The upward curled 50 EMA (50 day moving average), RSI and MACD are all showing bullish signs. So all systems are go. Research shows Bitcoin Cash (BCH) cost ONLY +/-1% of what it cost to send Bitcoin (core) (BTC). Bitcoin Cash is 100 times better "Medium of Exchange" than Bitcoin (core) and is still valued less than 1/5th. You do the math... Basic economics for a crypto "currency" to succeed as a "medium of exchange" is that it must beat out the competition in cost, speed, reliability and security - with emphasis on COST. If noting else, I consider these well-thought-out reasons to at least hedge Bitcoin Core (BTC) bets with Bitcoin Cash (BCH/BCC). Looks like lot's of upside there to me to me... ;) On a somewhat funny side note: There is the lunar trading theory, AKA "Moon Theory", which says a Full Moon is the best time to buy and New Moon the best time to sell. Last night was Full Moon. Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas. Wishing you all Happy Holidays and All the very best wishes of luck in your trading ;)
Long
by Inspirar
4
Excellent Long-Term Hunting Opportunity in BCHUSD, Don't miss itTrading suggestion: There is possibility of temporary retracement to suggested support zone (2285.90 to 2042.05), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. Take Profit: TP1= @2746.50 TP2= @2909.40 TP3= @3160.00 TP4= @4088.05 TP5= @Free Technical analysis: .Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. .Relative strength index (RSI) is 50. .Current short-term is uptrend and continuation of uptrend is expected.
BLong
by ForecastCity
Excellent Long-Term Hunting Opportunity in BCHBTC, Don't miss itTrading suggestion: There is possibility of temporary retracement to suggested support zone (0.15630 to 0.13355), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. Take Profit: TP1= @0.1669 TP2= @0.1960 TP3= @0.2105 TP4= @0.2185 TP5= @0.2440 TP6= @Free Technical analysis: .Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. .Relative strength index (RSI) is 55. .Current short-term is range bound, but beginning of uptrend is expected.
BLong
by ForecastCity
Excellent Long-Term Hunting Opportunity in BCHBTC, Don't miss itTrading suggestion: There is possibility of temporary Retracement to suggested support zone (0.15630 to 0.13355), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. .Beginning of entry zone: (0.15630) .Ending of entry zone: (0.13355) Take Profits: TP1= @ 0.1669 TP2= @ 0.1960 TP3= @ 0.2105 TP4= @ 0.2185 TP5= @ 0.2440 TP6= @ Free Technical analysis: .Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. .Relative strength index ( RSI ) is 55. .Current short-term is range bound, but beginning of uptrend is expected.
BLong
by ForecastCity
1
All BCH/BCC (Bitcoin Cash) Channels are headed UPAll of the many channels are all upwards. The Buy Zone to get into BCH at bottom channel prices is steadily rising above the 50 EMA (50 day moving average) and bouncing off of and testing bottom support of the still upward curled 10 DMA. MACD/RSI is breaking up with lots of room to move. All signs are UP from what I see for whenever the volumes move back into normal gear, which will more than likely pump the price action more in the general upward trend. Slow as it may have been these last few days of the correction with light holiday volumes have been leaving the door open for those wanting to get more into Bitcoin Cash (AKA: BCH, BCC or BCash). All recent tests I have been doing and getting info on show thus far it cost Bitcoin Cash between 1/50th and 1/200th the cost of sending BTC (Bitcoin Core). Check it for yourself. My thoughts are that basic economics on a crypto "currency" to succeed is that it must beat out the competition in cost, speed, reliability and security. Bitcoin Cash is currently blowing BTC away on cost, yet still is 1/5th the value. Looks like lot's of upside there to me. Of course, "this is not financial advice". I'm just sharing my thoughts and ideas. Wishing you all Happy Holidays and All the very best wishes of luck in your trading ;)
Long
by Inspirar