Long

Updated

Bitcoin Cash Mega Trigger @ 0.2

Looks like BCC is trying to complete a cup and handle. Everything looks good. Fingers crossed for more moon.

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Soooooo close

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MEGA TRIGGERED

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207 btc sell wall at 0.2 eaten in 10 seconds

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Possible retrace to trendline

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Possible pennant

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Escalating quickly! Potential target at 0.25. No real science to it because of the lack of data. I just think it might be a psychological roadblock for a bit.

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Much needed consolidation. Escalated trendline (yellow) being tested.

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Very early and not confirmed at all, but could be a pennant forming based on patterns in 1 min chart

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Trendline is broken. Panic selling has set in.

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I'm in ZEC at the moment, but if BCC completes this pattern I'll be back in.

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A few thoughts about targets

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As long as BCC stays within the pitchfork it's okay. BUT, if the candles close below the pitchfork AND it drops below the cloud support I would sell and wait for clearer bull signals.

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Decision time soon.

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Very close to breaking out. First trigger around 0.194

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Update

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I'd be looking to cash out if the candles drop below the danger zone

Brisben

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Brisben