Hello Fellas, I hope you didn't get shaken out by yesterdays event. It was noise and Bitcoin Cash now has completed its 4th Elliot wave. We set sails for 1k now and then beyond afterwards. There's now only 1 bitcoin that has an actual scaling plan for 50.000 TPS with graphene & 1gb blocks that'll be able to support the mass adoption Bitcoin needs to...
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$)
Price brokeout R, its mean continue rising trend, but.. Bitcoin cash brokeout S-support line of continuation movement, so I expecting some correction to R(mirror support)(will short) then continue rising (long position)
BCH to continue on the run to 600.
Second wave is starting My opinions: TP: 700/800$ SL: 420$ BUY: Above 480
In wake of the coming fork, i believe attention somehow will find it's way to Bitcoin Cash.
Prepare yourself for the imminent & contentious BTC fork and SegWit 2x drama. Expect a lot of profit-taking. $LTCBTC is a good hedge against Bitcoin price action.
We have seen price exhaustion at 1.2 Possible pullback on higher TF Head and Shoulders formation Entries at 1.95 retest Closes gap Target 1 @ 1.1775 Target 2 @ 1.7
Pay attention to fib levels. $OKCash currently in corrective phase— bull run imminent.
After the boom Bitcoin Cash has been in an accumulation phase for a while now. There is a possible upside break of the symmetrical triangle which increases in likelihood because of the drop in Bitcoin price. Open a long position around 0.135 when upside break is confirmed and ride with Elliot Wave predictions. As always, make sure you do your own analysis and...
Bitcoin cash price after bouncing from $500 failed near $725 against the US Dollar. There was a break above a key descending channel at $590 on the 4-hours chart of BCH/USD The pair is once again heading lower and might trade towards $550 in the near term. Bitcoin cash price after a correction struggled to remain above $700 against the US Dollar. BCH/USD is...
This is how I see the new trend with the little data there is since the China bump. Traget in a couple of days $695 Stop below $520
Bcash consolidated well and the market crash didnt hit it hard. Now looks like a breakout, you can buy now or until 0.13 levels, would be breakout point If it goes under 0.12 we sell it, maybe stoploss .15
A reversal of Bitcoin Cash's bearish stretch is upon us as reflected by the 4H chart - right around the $600 level seems to be a great buy opportunity!