BCH: Top spotted - Public service

By IvanLabrie
Updated
You can all thank me later...

As soon as 20 blocks are mined, and people's deposits credit at Via BTC and other exchanges allow deposits this house of cards will melt down...at the same time boosting BTC.

Please sell all for BTC now.
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It bottomed, at least for now, close to the minimum fundamental price floor zone. Around 0.05-0.1 BTC. I'm flat, I'll wait and see how fundamentals evolve, need to see the difficulty retarget, and wether or not people flood the market sooner rather than later, once they can deposit at exchanges.
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]s3.amazonaws.com/tradingview/snapshots/c/cR9oc30e.png
BCH might be under attack, this further proves my idea that it will disappear after BIP141 locks in reddit.com/r/btc/comments/6r1s1c/it_looks_like_bitcoin_cash_might_be_under_attack/
power of sentiment signals, and also doing good research and understanding the market dynamics and fundamental variables.
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Since I published this, price fell 66.94%, and only went against the post by 10.92%
s3.amazonaws.com/tradingview/snapshots/1/1r2iaUgD.png
Quality of the entries is measured by Realized Risk Reward: 6.13:1 here.
Not half bad. Since I'm bragging I fear a market bottom approaches, we are getting close to the region where price should be according to potential support by Bitcoin.com and ViaBTC only. The only thing is if the chain is under attack by Bitmain, the bottom can be $0.
Trade active
I bought back my initial stake that I received for free, way lower than my exit.
Last: 0.095
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BCH taking a bit of a hit, but not concerned, over time it is a good idea to hold a free stake. I got it for free from a fork, sold higher and bought back lower, so, even if it goes to $0 I am still in profit and ended up with more XBT thanks to it.
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Should be basing here.
Trade closed manually
Sold here for a neat return at 0.11:
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BCHBCHXBTBeyond Technical AnalysisBitcoin (Cryptocurrency)Chart PatternscontrariansentimentextremetimeatmodeTrend AnalysisVIABTCxbteur
IvanLabrie
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