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BAB

BCH where next?Bitcoin Cash looks like a laggard on the bitcoin pair but could really make up for it if Bitcoin holds its end. We had a lot of action the past hour with that scam wick up which trapped late longers and early shorters by triggering their stops only to bring us back right back to where we were. Now BCH broke up from its bullish pennant (not seen on the chart as this is zoomed in) and then found itself in a bull flag. It broke up from the bull flag with that scam wick and came back to test the level from which it broke out. In my opinion, we should not close the hourly below the blue line or this trade will get risky. This is a risky long but I am targetting $246, $258 and $278. Close the trade if hourly closes below the blue line but on the other hand, a wide SL between 227-231 might just work better. Bitcoin could test the $73xx level so be careful.
BLong
by TheDigitalStonks
BCH(BAB)/USD - The Short Setup!Hello traders, 2 scenarios I see that will play out. The first one is we simply just go down from here to complete the 123 flat. (If you choose to take this trade, you want to risk less than what you usually do, because it is only a 1:1 RR). SO - 307.1 TP - 283 SL - 331.33 The second scenario that is also viable based on my forecast is, up from here to complete a smaller correction within the same 123 flat then we head down to the same target. LO - 318.5 TP - 283 SL - 331.33 If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below! Please don’t forget to follow, I will be posting forecasts & trade setups daily. Thank you, Good luck
BShort
by UnknownUnicorn852976
Alt-Season coming! Sit on your belt before rocket launches!!!Hello traders and guys. Looking at the chart, Crypto Total Market is yet bullish! Total MarketCap is tested Daily EMA50 line and bouncing up from EMA50 line and probably showing Inverse H&S as you can see in my chart. However BTC Dominance was quite huge this year 2019 and now showing Rising wedge chart pattern. Bitcoin is the king of crypto and the safest blockchain in the world. I believe it! But then how about alt coins? Think what happened on Binance IEO coin BNB, ChainLink(LINK) and other major alts like ETH, BCHABC, DASH, EOS. Alts was very bloody this year but alt season will be gone forever? Will BTC only survive in Crypto market? BTC can solve everything which have to be solved in crypto world's ecosystem? I don't think so definitely! BLockchain still needs to be applied in many parts with proper ways. and there are better approach to solve this issue. Writing this article, I am still regret why I didn't launc ICO last year with my own idea. LOL Just a joke. So to me, if alt season can come this year, Now is the moment to invest or setup a nice swing trading in alt coins. I think alts will grow quite much while BTC consolidating for a while. I tried to choose some alts randomly, but seriously. 1. ETH 2. BNB 3. BCH 4. DASH 5. LINK Good enough to give it a try with good entry! Please leave comments!
Long
by SellHope
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