and as such will be huge gainers this coming bull run - just as btc pairs were before.
I believe this bull has already started in disguise of ETH PAIRS.
I plan to sell a lot of eth pairs and then ride eth into the .25btc sunset
and then sell the top perfectly.
also, I have a strong feeling that after the next Btc ATH that we'll be adding more satoshis onto btc...
For the most part $burst has been quietly prepping a launch pad for something most will wish they grabbed a bag of.. People always forget about the old poloniex whales who don't care to spend each day attempting to remove some of their BTC off the exchange, they'd much rather quietly gather coins to the point of richlist elite.
Look at total supply, uniqueness,...
In grand scheme of bch it looks to be consolidating after a larger wave 2. I think with the expected tom foolery that will take place within the next couple weeks combining:
btc difficulty adjustment
operation dragon slayer
cme btc futures
That things could get pretty explosive, pretty quickly. Then if Coinbase adds support for BCH starting next...
This has been a tricky chart to try and pick entries and targets. In saying that I will be happy if this pattern plays out again and we go up in the next 2 days. The only thing I'm certain of is there will be another face melt coming as the daily Stoch RSI is just turning up.
Have your bitcoin affairs in order.
BCH did not go bullish until the bottom rsi indicator crossed over the top lines. When the rsi oscillator came back down it stayed above the bottom lines keeping it bullish.
It is just now turning upward again. If it moves up towards the yellow arrow we stay bullish. If it travels up above the ceiling.. the fun starts again.
I'm going to keep posting BCH charts until they look better and more accurate.
I wasn't in USD previously, but my original chart in related ideas was accurate. So this one will be too... I hope.
But to be honest, BCH has been designed to throw off TA traders sine the beginning.
The channel the price is moving in was created from the initial larger upward wave. After it retraced from the massive move, it fell back into this channel and has respected it on a larger time frame almost perfectly.
I don't think BCH flew all this way to touch Eth marketcap only to be sold down into oblivion.
I've been looking at this chart for the past couple days and noticed where the two lines of support are for BCH
The 2nd line was created after the hard fork DAA
The price seems to bounce off it nicely. And I think next bounce will close out the wedge and send the price, potentially, in the direction of the nearest moon.
Siacoin is really holding on as long as she can. Whales can't let everyone get in forever. And remember, siacoin was already 350+ satoshis when it landed on Bittrex before the last pump.
Grab a couple hundred thousand siacoin and don't even bother with a stoploss at this point. If it sells down from here it's most likely those that bought in recently and can't...