BCHUSD day chart According to the aroon indicator the price is in consolidation when both aroon up and down (orange and blue) are under 50. Accordingly BCH has just come out of a consolidation phase. Aroon also says that when aroon up is near 100 and aroon down is near 0 we have the start of an uptrend. This corresponds with the previous BCH pumps as well as the...
The ichimoku cloud is extremely thin for bcd indicating limited support with low volatility. Just looking at the previous pumps which also display similar thin clouds I think it is most likely that the price will go under the cloud for now as resistance begins to build above it. Failure to break this resistance will see the price pushed downwards farther.
Funny how there's always so much fud when we near support. I don't see the problem here, we've made higher lows continuously. Now we just need to cross up over the 26 (brown) to signal going up to resistance.
Unofficial Elon Musk Twitter just now first lunar colony gift shop to accept Bitcoin Cash jk ;) Bitcoin Cash breaking out now!
Lots of people interested in this coin, lots of hype from those that bought and lots of FUD from those that missed out. Loads of people stuck at the top wanting to sell, recent large volume buy in - possible could be cup and handle forming?
I'v been trying to understand the relationship between the two biggest bitcoins. We need strong BTC bull run because that is going to pull BCH up (as well as a whole bunch of over coins). I think we're on the verge of a new uptrend, BTC is riding all along and testing the downtrend line. Soon it will break. What do you think? I would like to see how the newly...
2hr chart shows promise, possible break upwards, certainly didn't drop.
Just checking how well Siacoin is holding up. It looks like its cutting its own path and holding well in its up channel for now. I'll keep holding. There seems to be very good support, again for now. Keep an eye out when it reaches bottom of channel. Here Siacoin must retest and not drop.
I think 2 or 3 Bottom could be anywhere from 2000 to where we are now. Personally I feel a 61 % correction is likely. This means we could go down to 8000 - 9000. This is where I'd try and secure a buy back.
OmiseGO is currently undervalued. The ATH is 0.00329400 BTC. The current price (0.00148600 BTC) is at 45.1 % of this, so we are still very much undervalued! Current performance is very much bullish on the daily chart. Right now things are slightly overbought, could see a very brief correction at this level, but I expect the price to continue rising soon (this...
Pretty obvious alts were pumped in coordinated fashion yesterday, then sold systematically. This was coordinated with the release of some rather pointless news about a certain investment fund which ushered in the public to squeeze maximum saft out of this lemon and lead to a simultaneous drop of the alt market and a corresponding pump of BTC. Who is doing this...
I think tomorrow we see a longer red candle XLM LONG-TERM BULLISH!
just buy the full moon, it's going to go up eventually anyway :)
I thought this had finished a complete 5-wave but it still has the last impulse wave to go.