Buy close to upward trend support line and place limit sell order at around 0.00012650.
If price breaks below trend line then cancel trade. I have placeD a stop loss at 0.00008274.
Should meet target within two weeks.
Putting on our noise-cancelling headphones (to cancel out any BCH noise) we see positive buying pressure on the 1H chart. No matter how much the B-Cash team say BTC is soon-to-be-dead, the reality is that BTC was selected to have its own futures contract on CME - the worlds leading marketplace for futures.
I'm looking for a positive breakout above rising wedge...
If we are to assume steady growth due to Segwit2x and CME Futures trading then the next 8 weeks are looking bright for BTC. This doesn't mean we won't get some bumps along the way!
Thanks for reading. Please share your thoughts!
While history does not repeat, it does rhyme. Looking at historical prices we see that the market has come back to close the gap and retest previous price levels - and fill the GAP (resistance that has become support levels etc.)
The price of BTC may rise until Segwit2x or even when futures trading opens on CME... but one thing I know is that sooner or later the...
Over the last year we have seen BTC take the limelight to then be overtaken by Alt Coins. Right now BTC is once again hogging all the attention.
Is it time to buy Altcoins while they're cheap?
What do you think?