Hello everybody. I have been following and supporting BCH since day 1. Made some great trades and lost some. I feel like I need to write about few things at the current situation. First of all Rsi standpoint on daily BCH chart. We have some hype because of hard fork right? So people pushing the price up correct? So should we buy now and hope for $1000?! ...
It has been a while since I published an idea. I been carefully observing an watching past few months. Unfortunately most of the coins in that market mimicking Bitcoin except XRP. It is completely acting like a truly independent coin which itself is remarkable unique commodity nowadays. For 4hours chart Rsi indicator looks like well into oversold zone. MCAD...
If you follow the daily chart closely, you can clearly see that BCH will climb to 1100-1200 area at first. For this to happen bitcoin needs to go sideways for a day or two allow alts to breathe.This is likely scenario for bulls for doubling profit. RSI and MCAD indicators also indicating bullish divergence.Probability is high but If Bitcoin take a huge dive this...
Black line was the previous prediction which turned out to be very accurate.Green line is my new prediction for Btc.This prediction based on indicators (volume,macd,and rsi) and overlays bollinger bands,ema(50,200) and overall market behaviors past 5 months. If they set one or 2 bull traps, there is slight possibility (%20) that this chart could follow red...
So Bitcoin's mystery and game plan about to be relived. Past 3 months whales&institutional investors were playing mental games.They turned die hard bulls into bears and die hard bears into bulls. As a matter of fact they got too greedy. They even want average joes few bucks. Every indicators that I use points towards bitcoin is overbought and this rise without...
There are two kinds of people in this market .You are either sheep or wolf. Wolfs leads , sheeps follows. As simple as it gets(check) There is no fud news right(unless you imagine one long tale story... another check)??Delusional people, scared people , greedy people(all check)... Perfect recipe for fallout, you should total sell it right? Do you really think you...
So far you heard everything such as inverse shoulder inverse cup formation,double top,double bottom,commonly and saddest shoulder neck shoulders pattern,Rsi indicator shots. I don't know about you but I am tried of nonsense Ta crap.This patterns does not work in crash situations yet they try so hard. True fact is BCH can push up 98 Rsi and go down to 5 Rsi...
Right now Bitcoin currently being manipulated by Cboe market contract's closing date which I believe will be on Feb23. After sharp recent decline in price we are still over the bull trend line support(this is great news). Support on 10700 is very strong.Already making a statement.Various Indicators also looking good. As long as we are over 10200 range first target...
Especially last couple of days Xrp is showing extremely bullish signs(high RSi values ~85,Possible MA cross approaching, and general volume is relatively high,over Ichimoku cloud on hourly chart)Most of the alt coins were moving along with BTC(shadowing) up until couple days ago. However Xrp decided to change that idea along with Bch. Ripple is hungry for higher...
Yes we do wanna know what's next. If you are master of chart reading, there is no way of predicting future. People pointing triangles ,or commonly heads and shoulder patterns or abc,neck,arm,legs whatever can come up with. Best way to explain what's happening is Bitcoin price being altered heavily by rich investors or institutional investors. This idea keeps...