There´s nothing to explain. I know the chart is bit a mess but get over it it´s mine and I´m just sharing the opportunity with you.
There is possible C&H forming as BTC started its free fall and trust me you dont want to catch the falling knife this time. ( Support 6-4,5K) BCH can go (1500-3500 USD) based on how much will BTC fall
Check out my related trading...
Is this the moment when BCH will get its momentum again ? Or BTC did just small correction and will continue growing ?
I also spotted on BTC possible reversed H&S forming which if it confirms can higlight BTC even stronger with(dream? :)) target till end of December 10.000 USD
My friends asked me about my opinion in actual situation in BTC vs BCH civil war based...
Hello everybody. I would like to know your opinions
Is this the moment where BCH will decide next move ?
Top resistance I´ve reduced to the size of the BLUE bull flag formed before the superb pump bubble
Trade on your own risk as I´m still learning. Any opinions are welcome even the negative one ;)
After finding support at 1K doubble bottom formed and broke out from descending vedge back to 1,5K
breaking out of actuall pennant is key in this game if we will go UP or back to previous supports
This is not a trading advice. Just 2 ways i see to play this game :) 50/50
Trade on your own risk
According to fork.lol at this moment few hours after the BCH fork because of emergency difficulty adjustment (EDA) rule
the profitability is currently 1,5x (1,44x 7day avg.) making BCH winner at the same time still 110K (dropped from 175K) stucked transactions pending blockchain.info
I´m not fan of BCH but once this confirms...
After another mega bull run of BCH with new ATH 2800 USD and massive correction to 1300 USD another ascending triangle pattern forming ?
3rd wave was huge. Now 4rd ? and 13.11.2017 bitcoin corrects to 4500 then reborns even stronger with way to 10-12K ?:)
Trade on your own risk. I´m not professional trader.
Since I´m missing magic ball and proper english language education THE QUESTION IS
Will BCH keep growing ??
Or it will dump as BTC wil finish correction and money will flow back ?
This analysis express my view on 2 possible ways
Any opinion positive even negative :) about my analysis or questions are welcome as learning is never ending story I´ll be thankfull...
First pennant with breakout now ascending triangle is forming ?
Too good to be true ? Well who knows where this super overbought pump will ends before correction or hard dump ... 2K - 3K ?
My target is 1500 USD as far as I get in at 380 USD ( almost 400% for me ) Then it´s time to get back to corrected BTC again ? :)
I´m not a professional trader
Trade on your...
1) Descending triangle breakout
2) Bull flag pattern forming
3) Increasing volume
3) MACD on 1w chart is on way to cross after long time
Target 1 600 sat
I see XLM MOON 1500-5000 sat within few months
THIS IS NOT A TRADE SETUP JUST WHAT I THINK
TRADE ON YOUR OWN RISK
Im new to crypto. Trading just few weeks. But this is what I can see now after few weeks of getting experiences in cryptoworld.
Any opinion is welcome :)
Analysis 5h back before MACD cross at 2h
1) Descending triangle pattern
2) Increasing volume
3) Red ichimoku crossed on 30min...