I don't call myself a technical analyst, but Bitcoin Cash looks ready. What do you think?
Broke the trend and touch the new 200 ema perfectly. New high are gonna be meet the next two weeks For HOLD TRADING: sell 20% of the coin at 4800$ and 6400$ For meduim trade: sell 10% of the coin at 2700 For margin trading: sell al at 2000$
looking for the double bottom off the 100 day MA. free cash
Target 0.7 based on 0.48-0.05 + 0.37 = 0.8 - lower than that so 0.7 Stoploss: I never used stoploss before and I don't want to start because if i use it then I am scared it will sell it at all time low due to manipulation by exchange to take my money. About my idea: I love it. It is like a flower. Some other things. Also it might not even happen. Don't trade based...
Two ways for BCH to the USD this time, strong support is showed around 1200, if it breaks that we could potentially see BCH falling down to around the 170 mark in the long run. Otherwise, it could follow the previous trend of a short bullish move, back to support, back to short bullish move and so on.
I see a very strong support. Stop Loss under the support line.
BCH needs some volume but bots will do that. Entry level is below 143.
Inverse head and shoulders setting up on smaller time frame, that could trigger a much much larger move up.
So, bitcoin cash. Hated and loved and facing some interesting times right now, as I've posted about it before. Posting on TradingView, as you can follow what's happening to the coin. What do we see on the chart? It's facing a triangle pretty soon (days). In the earlier triangle during november/december it dropped out, falling to the lower white line. RSI still...
BCHBTC just broke bearish from its triangle and altcoin-Bitcoin pairs generally look like they're due a sell-off with Bitcoin appearing like it might be in a position to rally again soon. However, if/when BCH returns to the lower trend line indicated above, around the psychological 0.1 BTC level and .786 fib retracement, I would regard it as an attractive buy....
Update, still forming bullish symmetrical triangle. Needs volume to be able to breakout. Let's go!
BCHUSD day chart According to the aroon indicator the price is in consolidation when both aroon up and down (orange and blue) are under 50. Accordingly BCH has just come out of a consolidation phase. Aroon also says that when aroon up is near 100 and aroon down is near 0 we have the start of an uptrend. This corresponds with the previous BCH pumps as well as the...
I applied Fibonacci Retracement to the Elliott Waves (which all follow the rule to my knowledge), with Wave 5 being the exception as I predicted that with that last time BCC got listed on Coinbase. The support and resistance is calculated from the behaviour of the coin in the last few weeks. The timing is based of an average of a-lot, and I mean a-lot, of...
I've been following BCH and its potential for breakout for several days. The recent FUD definitely took its toll on the cryptosphere as a whole but it appears that BCH is back on the rise. I wanted to post this update and will take a closer look later today but overall this is looking very strong. Targets are in my previous posts and still stand, I will update if...
Here is a look at today's price action for Bitcoin Cash. Sorry for the busy chart; a bit of detail is needed to give clarity to what is happening. BCH gave up almost all of yesterday's gains but still looks bullish. The shakeout didn't break the lower support line of the triangle; however it is now trading below the 55 EMA. The correction appears to be ending...
MA9 crossed MA50 toward upside, resistance downtrend line broken and tested as support, volume kicking in, H&S formation. Vcash good hold for long term.
BITFINEX:BCHUSD The bullish move coming... We have new target at 2650$. Good luck!
All signs are pointing to a breakout from Bitcoin Cash. MAC D about to cross to the positive side on 1 day chart= Bullish Positive MAC D Divergence on 4 Hr chart= Bullish RSI trending up on 4hr and 1 day charts = STRONK Buy-in somewhere in the triangle. Targets based off of Fibonacci levels shown in graph. If BCC can break the resistance of the triangle...