The Bitcoin Cash fork has dominated the news this week and the fork is only a few hours away
At the moment, it is likely to split into two coins - Bitcoin Cash ABC and Bitcoin Cash SV
This is a handy chart showing all three coins on Poloniex exchange.
The ABC and SV coins dont exist yet, but Poloniex has been trading something like pretend coins (futures ?) so ...
We have nice upside movement of BCHUSD and need one more impulsive wave for one complete simply cycle ,so who are in position should hold position until the and of this wave.
First target is 650-660 level
Bitcoin Cash (BCH) is no exception, support is being established at the same prices as before 2017 cryptocurrency market bull run. So after a 100% retrace, nothing left to sell since all gains have been wiped, Bitcoin Cash is ready to move again.
Let’s take a look at the chart, later on we can trade: https://www.tradingview.com/x/ZGWlsKPS/
We’ve tested the ...
is trading around $420 and it seems that the support for $410 receives additional confirmation that it is the floor. If we break down, we will fall below $400, and the resistance can get stronger there. Resistance lies at $470.
When looking at the Blue LSMA and Red Relative Strength Index within Godmode 3.1 Mod indicator, it appears BCHUSDT may be gearing up for a bull run to begin on or around November 1st like many other crypto currency pairs I've posted in previous publications.
I've drawn lines to point out the "possible" future trek of the Blue LSMA and Red Relative Strength Index ...
Alt Coin Analysis - Points out of 10
Date : Since 2017 ( 3 / 10 )
Volume 24 H : 48000 BTC -0.18% ( 7 / 10 )
Available Markets* ( 10 / 10 )
Social Media Rate ( 8 / 10 )
Ranks ** 4 ( 10 / 10 )
Website ( 8 / 10 )
Overall ( 8 /10 )
PLANNED NETWORK UPGRADE on Nov 15, 2018. It might pump a bit before this date.
I did my first 10X on this ...
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This is not financial advise
BCH has just broken out of the downtrend chart both on candle and RSI both daily and weekly
This is an early sign signal for a bull cycle.
I say it is early sign because there can still a bulltrap for retracing to new low due to OBV hasn't broken out yet both weekly and daily too.
So what ...