Dear friends, do you remember how many posts and comments in this platform used to say "Bitcoin Cash is the New King?"
From the beginning, I did not understand for what the cryptomarket and community need this coin. For me, BCH was a useless coin from the start. It was rather difficult to discuss with BCH fans that "BTC is the King" and "BCH just a piece of shit"...
Nice potential setup... I don't want to miss this one ;)
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Fractals where on point in January, which is nice, but February is fast approaching and looks like we got weekly events.
I know, that everyone is sad that BTC is below 3.5k - You can thank the Asians for that.
However, what most of you already realize - actually most of alts already have bottomed out and beginning to really spike the hell up.
COINS such as,...
Assuming the recent hike is impulsive, we can assume 5 waves (white) and we appear to be done with the 4th wave considering that we got support at 0.618 Fib region of wave 3 (white) + 4Hour 50 EMA acted as support, and also wave 4 did not go below wave 1 top of the candle (wick overlap in EW is ok)
The final 5th wave can be broken down into 5 sub-waves again...
Hello guys, I hope you are doing well.
Today I like to discuss BCH and his possibility to be ready to ROAR. You already know I'm currently on a trade on LTC/BTC which is doing well! And now I'm looking for add at my personal trading a BCH/USD bullish trade. I'm looking at BCH/USD on a purely TA perspective, I'm not a great supporter of this coin I don't really...
always make trading simple and not using too many tools that make your decisions vague.
This is overview i perceive that may happen in short ; reaching targeted area where Red broken candles in Coin-base bch chart.
Not expecting too high in Long Run as some corrections are yet to be there in short term which may veer its direction or pause...
bitcoin spot price is running at 147.1 in a bearish sentiment with 144.94 as a support line.
and Bitcoin Cash price on Monday was seen gaining 17.1 percent in the latter part of the trading session, after hitting as high as 20 percent.
BCH/USD bulls has driven the price to its peak levels, recuperating from the lows since 10 January.
A loss of momentum is...
Seen Peter Brandt mention H&S and hes very right! this looks amazing and I wanna chart it all out to show what I see... The bigger green Triangle and chanel is just for fun. I cant predict that far ahead but just guessing. The H&S looks very good tho . I think we have a min. target of $155