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good support and bull flag
He guys, cleaned up the chart a little bit. Targets remain the same... still waiting for target to go long between 325 and 375 dollars. I do not expect to break the negative 786 (max 560 -575 dollars) and break out of het pitchfork before the next wave down to complete some of my correction targets. Feedback is welcome.
Back at the support...
This is where I'm entering and have my stop loss below 500. Great Consolidation after huge volume just the other week. Note it has not retraced into .618 zone nor has it dropped below 500 since its move. so the stop loss and Risk to Reward is a pretty safe play. If BTC shifts and forces BCC down I expect a test of the .618 fib level. Otherwise 560 is the target I ...
Bulls are showing some strengths on 4H and daily chart by buying the dips aggressively. In the parallelogram ABCD, an uptrend is clear. My suggestion is buying above 525 and below 538 would be safe. Stop loss should be triggered if prices broke below 524, in that case, the parallelogram ABCD is failed.
The reason I set the target @572 (point C) is because the ...
experience shows that we go down with a probability of 75%
#Bcash reversed after making a bearish bat harmonic around 500 level, which led to the development of the larger bat pattern in play. Price reversed precisely around the 0.886fib and will now look to target the region between the 0.382-0.618fib region of CD leg of the larger bat.
As you can see on the chart finally BCC has moved upon the trend and triangle. I wish the next target will be 460. If it breaks that,soon we will touch 475 which is a strong one.
First target 700 $
Stop loss 530 $
40 % profit
If the RSI doesn't cross resistance where the white Pinguin is sittin' on, then the rising wedge should work its magic and take us for a dive pretty soon.
Target: $675- $734
I think we are gonna have 1 more wave down to complete a WYZ correction. Opportunity to go long around 325 - 350 price.
Hi guys, I got a feeling we are almost done making an WYZ correction and a good opportunity to go long is around the corner at around 325-350 price. Let me know what you guys think.
very bad market
you can use this star for trade
Bitcoin cash seems to be breaking out of a bull flag pattern. I say you buy some Bcc, then ride the break out.