Is this the moment when BCH will get its momentum again ? Or BTC did just small correction and will continue growing ? I also spotted on BTC possible reversed H&S forming which if it confirms can higlight BTC even stronger with(dream? :)) target till end of December 10.000 USD
My friends asked me about my opinion in actual situation in BTC vs BCH civil war based on this I prepared this possible scenario ( BTW sorry for my poor english ) I don´t know which BIT - (CASH) - COIN is better. I´m trading rarely and in small portions safe ways with tight stop losses. Mostly and for a long time I´m investing and HODLING.
I think both chains can survive and compete each oher as lot of other alt coins is trying to do. Market cap is getting huge I mean it´s $225 862 262 583 NOW and WAS $10 xxx xxx xxx at the beggining of the year ( 20x ) and money is finally coming with Wall Street, Big players joining the game. FINALY ! 2018 will be year of blockchain technology. I´m expecting that it will finally become mainstream
If you´re interested ... My hearth beats for LTC / DASH / BAT / SALT / ETH Classic / EOS all these are good projects in my view and everybody should have them in portfolio as I see them all as a big elephants sitting in the small rooms
Last weeks of reading and study bringed me new buddies to my portfolio not only because of big giants in their backs NEO /WTC WALTON ( IRFD ) /IOTA Perfect community !( BOSCH ) / XLM aka Stellar ( IBM ) and watching closely to get mobius.network ^^
BTC I´m using mostly as a catalyst for altcoins and for swing trades to get more of them as I see coming BTC outdated in upcoming years with cryptocurrencies v.4. in his backs
With so many good projects and soundy names, it´s hard to keep step with the trends and study all whitepapers and background of all new projects. I do recommend to make your own research, check out some forums opinions, study the whitepaper, check the people in the teams behind the projects and make your own decision
Invest just small portions of money which you can afford to loose, invest only to projects with bright future ( offers something that others don´t) play it safe, HODL and enjoy beeing slowly money independent
Trying to time the market is almost impossible especially for me I´m TRADER just for a while still learning. My technical analysis only helps me to be prepared for a trade I´m expecting and I need to be right only 3/10 to still make a good profit and add it to the core portfolio.
Feel free to discuss and express your opinions. Trade safe and allways on your own risk. Wish ya all nice day and happy trading :) Cheers
BTW cya on the MOON !
Order cancelled
BCH lost its 1. strong support and if it breaks 900 it can aim even lower !!
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FYI By the fork.lol BCH is currently 1,75 more profitable to mine than BTC. By a 6h avg. 1,37x by a 1D avg 1,06x and by 7d avg 1,39x
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3H MACD crossed 4H on its way :)
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Trade active
New stop loss 1050 - New target 1300
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Looks like 3h trend is changing
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Seems BTC is having high selling pressure with lot of resistance to go upwards last hour. Time for breakup ? :)
Trade active
Trade active
Target 2 reached
Trade closed: target reached
Target 3 reached :) Hope you enjoy it ;)
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Close view on the predicted RSI :) at 1H ZOOM
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Ok BTC in the freefall and nobody smart is going to catch falling knife meanwhile moneys are pumped into BCH :) enjoy the ride and dont forget to tighten the stop losses but not too much ;)
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