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Bitcoin Cash - The launch is around the corner?Most of the top ALTs has seen extreme gains these past weeks, coins that even has no value has increased in value. Bitcoin is fighting bears on daily basis and having problems around the 17,500$ mark. Bitcoin Cash has been setting higher lows these past days, and enter levels are becoming more expensive. I think getting in on a position around 2500-2660$ mark is wise, if we see another dip we should use that into our advantage. Its been over 3 weeks since the last run of BCH. from 1800 to 4000. I think we can reach a new ATH in just days or weeks. All depends on the marked. I have been noticing HUGE orders of BCH 2-3 times daily on Bitfinex, the big boys are getting ready for something. Just a heads up, BTW: Im not a professional, but i look at charts often and am a coder. Bitcoin Cash has a good future. This is not trading advice, please do research before investing. IF YOU LIKE MY IDEA. PLEASE SHARE A LIKE MY FRIEND!
COINBASE:BCHUSD
by CandleJoey
3
BCH Next Move Likely HigherCOINBASE:BCHUSD Bitcoin Cash on coinbase saw a ridiculous 1st day of trading, followed by a rather massive bearish move on incredibly high volume. It performed a 50% retracement and continued lower, but has now bounced and challenged the 78.6% fib ~2677 on multiple occasions on high volume. Each one of these attempts resulted in a higher low. We are holding the 4-hour 50 SMA (which is now turning up) after breaking over it twice on moderately high volume with a very clean accumulation phase in-between the breaks. As for a counter-argument, the green 4hr 20 EMA is proving hard to hold above and is being respected on backtests during distribution and breakdown phases. Sellers are being found in the 2700's consistently. Hard to say how many tests it will take to overcome that sell wall and whether they will give way before support dries up. However, red volume bars are all avg or below average today, despite a failed attempt to break over resistance. This pushes me to believe we are looking for a move higher, and it's likely worth accumulating more coins here. Could it be a very large bear flag? Of course! But if the Stochasics bounce off the oversold condition, price meets the lower trendline again, or we see price hold the 20 EMA on a dip, why not take an entry, if nothing else for a relatively easy scalp to 2700? Expect some resistance in the yellow zone on the chart. 3k is likely the true pivot point that will change this chart from bearish to bullish. A break and hold of 3k and this one is going higher.
COINBASE:BCHUSDLong
by Red_Ben
ROGER VERTICAL BCASH 50% profit easyBCASH looking like it could potentially pop out of descending downtrend resistance line. Look for break out on increasing volume. DAILY RSI looks good, MACD could be a bit more convincing so if you feel more comfortable wait for the daily MACD cross. STOCH looks good, Take profits in zone A B and C Stop loss for this trade should be placed @ 2032 below the last swing low. LINES were drawn on the 4 hour time-frame this is why they might not look accurate but they are :) also we got a 4 hour MACD cross
BLong
by gillman_hugh
BTC new pump before hardfork Segwit2x + free BT2Risk: Low Dear followers, After the healthy correction, which I already mentioned in previous ideas. BTC perfectly bounced its new trendline, and formed a strong support. Besides that, I will not be surprised if BTC will rise faster than BCC next days, because of the hard fork Segwit2x december 28th. Besides that we will collect our free BT2. Target 1: 15800 (20ma) Target 2: 16700 (200ma hourly) Not on this chart Target 3: 19120 SL: 12700 Fundamentals: Segwit2x hardfork Please, follow and like for more trading ideas. Questions? Feel free to ask and your feedback is welcome and enjoy your turkey tonight! (Or something els ;))
Long
by Trades999
26