Well, that's another triangle!
in the previous times we pierced them, and during this consolidation we did not fail below 1k, and for almost 2 days we confidently hold 1200-1300.
Also, the BTC reached its maximum in the correction wave B and begins to fall, so prepare a sled
Tip Jars (100% Voluntary)
BCH: 1KUJ3DwxbrS7m32hAFhbswEPpg2AYekZgz
ETH:...
Hey Everyone,
After a crazy long weekend, the Crypto market saw Bitcoin making all of the miners confused,
It's an opportunity that will not return again it's like Bitcoin a year ago.
Our mind can't realize the future potential there is in these coins it's like the internet in the 80's.
Bitcoin will go up and still didn't reach his full potential and as we all...
You shouldn't be on this website to shill coins; you should be looking at technical analysis in order to predict price action in order to PROFIT, regardless of the name of the coin or the tech/personalities behind it. I've tripled my money almost entirely on BCH alone the last couple of days, despite all of the naysay in chat calling it a "shi7coin". I don't care...
May seem outlandish now but.....
Bullish $BCH fib scenario.
1.618 is $4k (first reached post Segwit 08-13)
2.618 is $6300 (current BTC price)
3.618 is $8600 (previous BTC target)
4.23 is $10,000
As explained in previous charts, keep watching for the volume swing. BCH is building pressure, and is likely to move one way or another soon. Where the volume goes, we go.
You're seeing consolidation in bullish continuation patterns, where declining volume breaks high into large swings. This 3rd pattern is much larger though, and will likely yield more radical...
If you've been following my charts (look at them) you'd be doing pretty well right now, avoiding BTC while joining the gains in BCH (and even some LTC).
We are in another continuation pattern of consolidation, where we follow volume to find the swing. With BTC bleeding out, another bull run in BCH appears almost certain.
Remember, you're looking for declining...
We all know what's going on with BCH and BTC.
I'm not entirely sure where we stand, so there's not much I can say, unrelated to my chart.
Here is what I notice:
Bollinger bands contract when preparing to break out, this is very common with Bollinger bands.
When price starts going up, buyer volume slowly increases in a near-linear manner.
When sellers come,...
Due to the many turbulences of the last days at BTC BCH has gained a lot. Nevertheless, BCH is strongly centralized and BCH is dependent on few people. Certainly suitable as a speculative currency and for trading, but the current indicators tend to point to a clear downturn. Be careful.
Max. Targets down could be 1100 / 850.
Let's see what happens. Happy trading. :-)
How do you get billions of dollars of fiat currency converted into crypto. The big money move ... 24 billion in 24 hrs is no coincidence but a well timed event. Let it flatten for the next wave injection.
That was last time one of the best entry:
www.cryptocompare.com
Now i present my plan to rebuy after profit taking (2/3 of initial entry 18.10.2017 @ 332$, taken @ 1996$ after bounce from 50% fibo retrace from ATH). Basically i will retake positions here around blue lines, if market will decide to retrace to that levels. If not i will stay with 1/3 of my...
If you've been following my charts, you've watched them accurately prepare you for massive BCH bull runs. Consolidation on declining volume with an upswing on positive volume is very bullish. These flag pole patterns are also very bullish. Keep an eye on this, because if this pattern continues for a 3rd time, we will likely see BCH take another bull run.
Triple three wave B of wave B of the 4th wave, (Wave Z,s Wave C. is too short but still) wont dig deeper into this but will keep monitoring development.
Beginning wave 3 of wave C of wave B in the possible flat forming as a correction of wave 4 of what i think is a wave 3 of a wave 3 in the daily. I think this could be an expanded flat because the price target of the inverse head and shoulders goes above the support of wave 3 of 3 Daily.
