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BCC

BTC/USD - 3/26/2018Good Morning, Traders! BTC recently broke through a strong support level bearish. The price was forming into a descending triangle in a way up until this point. Currently the price is testing the 61.8% fib retracement level as support. This may indicate the end of this downward push for now, because this support is backed by additional support in a trend line that has been used as support and resistance since early March. If the price is able to continue its bearish rn, it is expected to reach the bottom trendline of the long-term symmetrical triangle that is forming before reversing into the positive direction once again. Important Resistance Levels: $8,970, 8,600, 8,330 Important Support Levels: 8,000, 7,870 DISCLAIMER WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK. CONFLICTS OF INTEREST GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN. Written by: Arham Bheda Senior Research Analyst
COINBASE:BTCUSD
by EQBM
BitcoinCash! Love the Name! Cash Is King $$BitcoinCash everyone has nearly forgotten the name its been pushed away as its done nothing but go down lately. Today may be the turning point for BCC but we still don’t have anything confirmed. You can see the RSI is showing quite a bit of momentum here this is a good signal but its still not strong enough to confirm the move. We are currently bashing up against the 200ema on the 4H chart here which is causing some strong resistance, I would not trade BCC until we had a close over this so the 200EMA it can then provide support and we can set our stop loss slightly below the 200EMA at this point. Circled in red you will see the 20ema cross the 50ema showing us some bullish signals. I would also like you to observe closely at the candle that retraced circled in red, we had very aggressive buys that come in and left behind a large shadow on the candle. You will see on the daily chart below we have been in a downward trend since mid January, therefore if this is the turning point for BCC we could be in for some very nice growth. This would be a long trade and I don’t expect any fast growth from BCC taking into consideration the current market conditions. BTC is suffering today hanging on to its support by a little thread and coming into the weekend there will be less money in the market so more then likely we will see it decline. This will be the reason I don’t enter this trade, however if we close over the 200EMA and BTC has already broken support at this point I would trade BCC. Right at the moment I suggest we observe and protect our capital and wait for the next move I will keep this updated. I have set targets on this chart because if we get the signals we need we can trade and I will update this post. Cash Is King!
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by Cash-is-King
BCC/BTC Looking Juicy!BCC I have posted before in the past and showed you each time it got to the top of its resistance we had seen some aggressive sells, this time we have seen some buys come in and it's just broken its channel. We need the daily candle to close outside the channel before we have anything confirmed. Stop loss will be on the red line and targets will be the black lines .127, .136 and .149. We buy the top of the daily close if outside channel to make sure the break is confirmed. If it makes sense and Dollars lets trade! *Sorry I have been offline I have had the grandkids for past couple off weeks but will be back in full swing shortly! I will also update the BTC that is only hanging on by a thread with some short targets. Daily Quote. "The first step toward success is taken when you refuse to be a captive of the environment in which you first find yourself"
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by DollarsAndSense
2
Bitcoin Cash Is Goin', Goin', Goin' (for now)RSI + MACD + E.W COUNT + EMA55 + UPWARD CHANNEL MOVEMENT all indicate continuing growth of Bitcoin Cash. There is a clear crucial intersection happening at $1183.00 which we'll mark as TARGET #1. If TARGET #1 is exceeded and our current channel (magenta) is broken, our next target should be $1295.00 TARGET #2 @ $1295 will either be met in the next 2 days if our current channel is broken as mentioned before, or within March 17th, when channel resistance + EW 5th peak + 7-DAY resistance is met. It is in my opinion that TARGET #2 will be met in the next week regardless of the road it takes. Look at trend in RSI and MACD - Couldn't be any clearer. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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by ZpaceBuddha
BCH/USD - 3/5/2018Good morning, Traders! In the long-term, starting from where it was introduced into Bitfinex, BCH has been following a very fundamentally sound Elliott impulse wave pattern. The first 3 waves were characterized by the close of the previous highs and lows. I believe the end of wave 4 has recently occurred due to the notion that wave 2 was quite long, lasting a few months. Meaning that wave 4 should be shorter lived before the beginning of wave 5. This, and the fact that there is a strong upward trend line that was formed near the end of October are the strongest basis I have for the starting of wave 5. As the price began its decline in 2018, the price was seeing lower highs as well as higher lows but has not broken the upward trend line or some strong support levels like $1000 and $900. At this time, the price is essentially just using the EMA(100) as resistance and the upward trendline as support. So, ultimately, whichever one of these blockades are broken with enough volume will be the cause of the next run. I'm leaning towards the EMA(100) being broken just because of the sheer amount of support along with traders starting to become much more bullish in the month of March which would help immensely with volume. Important Resistance Levels: $3802, 2836, 2194, 1667 Important Support Levels: $1131, 1000, 890 DISCLAIMER WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK. CONFLICTS OF INTEREST GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN. Written by: Arham Bheda Senior Research Analyst
BLong
by EQBM
9
A joyous day for BCC! What does this mean for the market?BTC is looking bullish but BCC still holds a valid place in the market. Technical analysis on BCH looks good with the USD price recently bouncing off of the .786 on my chart for the 3rd time in a month and resting on support found with my pitchfork at the midpoint between there and .618. BCC seems to be forming an ascending triangle indicated by the turquoise line on my chart...As always though,with crypto you never know what tomorrow holds. How do you think Bitpay’s integration of BCC will affect the market?
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by theJadeCrow