Yesterday I made a post targeting $400 and in 24 hours it was reached, now due the the volatility we may be able to get the $1000 quicker than we thought. I had a Take Profit order at $400 so i'm currently not in a trade but the only way to enter this (if you have no order yet) is to scroll down to 4HR and wait for that pullback then go from there.
The 1.272 fib extension coincides with the $500 psych level. It is still too early to tell, but if this breakout gathers enough steam - this is where our BCH is headed
This trade is very simple, wait for the close over the 10EMA and go long to $400. We have a pause around the 78.60% and if that is followed by a sharp move up/ we can tend to forecast a trade upwards. Always use stop losses.
new markets are hard to predict - either we will see a base build up around the 250 level then rally up from that support. on the contrary, if price breaks through $250, we are very likely to see lower lows around the 200 mark. not very helpful, i know, but in a few more days we should get a better picture.
As you see in the last chart ( BCHUSD-15-Until-8-8-240-USD-than-2-ways-poss-65-or-440-USD/ ), Cryptos are "Fibo business" (Fibo Areas). Now we are in an new phase with BCH. The steam is out, but Fibo is still important. We need to interpret fibo in a different way. So i see two possible szenarios: more up to 520 USD or down to 230 USD further down. Currently I...
After reaching the high at 811.00 for 1BCH the market reversed and started the great journey to the deep of the financial markets. We can use tick data only for several days and this analysis can be based on the 15m time frame only. This time frame is not so reliable as hourly or daily charts, but we can try to spot possible reversal and entry levels. The market...
As you can see, the current price BITFINEX:BCHUSD is as of this writing 10% lower than Kraken KRAKEN:BCHUSD .
This is a good indicator to see a possible future price.
There is a lot of support for BITFINEX:BCHUSD KRAKEN:BCHUSD that many might not see. I can tell you now that my honest opinion is that we will see $450 and higher in the coming 1-4 weeks....
Sup guys, first i will begin with some good news for BCH. Coinbase announced last 3 hours that will support BitcoinCash. The reason is one that was expected, improved technology. Do not forget about Ethereum fork, nobody trusted new Ether and now look at the price compared to original one. Time will decide in BitcoinCash favor no matter what people are saying. If...
Cryptos are "Fibo-Business". In this way I have analyzed BCHUSD. It is to be treated with absolute caution. It is pure speculation. ;-) But the up and down has been strictly in accordance with fibo, so perhaps the future course according to the fibo-levels too. So, I currently see two scenarios from 8 August onwards. First of all a course around 240 USD until the...
This post is for discussion only. I'm very interested, what do you think about Bitcoin Cash? Are you going to sell it when you have such opportunity? Are you going to buy it when you have such opportunity? Do you think Bitcoin Cash is better than Bitcoin? Please, share your ideas in comments. As for me, I just want to reply on many questions in my private chat...
With 2 days trading we all only guessing as it is really hard to point real support, resistance and trend. To make BCH work we need BTC to crash in my opinion is more than possible.
