BCASH Tightening RANGE about to POP??Is BCASH going to break bullish . Lets hope so.
Again buy on break of 2905 resistance and look for increasing bull volume to confirm the move.
Take profit in Zone's A between 3700 and 4500 roughly
Happy trading.:)
BCC
BCCwhile bitcoin is gaining momentum in front of the segment, the cache will decline, after the end of growth, I expect the rise
All BCH/BCC (Bitcoin Cash) Channels are headed UPAll of the many channels are all upwards.
The Buy Zone to get into BCH at bottom channel prices is steadily rising above the 50 EMA (50 day moving average) and bouncing off of and testing bottom support of the still upward curled 10 DMA.
MACD/RSI is breaking up with lots of room to move. All signs are UP from what I see for whenever the volumes move back into normal gear, which will more than likely pump the price action more in the general upward trend.
Slow as it may have been these last few days of the correction with light holiday volumes have been leaving the door open for those wanting to get more into Bitcoin Cash (AKA: BCH, BCC or BCash).
All recent tests I have been doing and getting info on show thus far it cost Bitcoin Cash between 1/50th and 1/200th the cost of sending BTC (Bitcoin Core). Check it for yourself. My thoughts are that basic economics on a crypto "currency" to succeed is that it must beat out the competition in cost, speed, reliability and security. Bitcoin Cash is currently blowing BTC away on cost, yet still is 1/5th the value. Looks like lot's of upside there to me. Of course, "this is not financial advice". I'm just sharing my thoughts and ideas.
Wishing you all Happy Holidays and
All the very best wishes of luck in your trading ;)
BTG gold mineA traingle pattern forming. Looking for BTG to break out of the pattern and continue and hold above the green 50 day line.
BITCOIN CASH View - to 5000$ !?!This is Gann Fan for BCH
to confirm next target we need to see a close above the redline
so do your own TA before taking the risk for this trade,,, (this happens before if you remember) I will make new update for bitcoin and show you the previous pattern.
Otherwise the price will Reverse and get back to Main Red line ~2000$, will be updated soon.
Good Luck
Last dip in (BCH/BCC) Bitcoin Cash wave before Bulls run back UPThese seem to be the last dips in the BCH/BCC Bitcoin Cash wave before before the Bulls take over and run back up, as it seems that the correction consolidation is starting to come to a resolution through so many waves of massive selling across the whole market. It's getting close to time to let the Bulls run wild... ;) We now have upward movement off the last dip.
1) This last dip has been hitting through and bouncing off the rising channel support line of the 50 day (EMA) moving average.
2) MACD/RSI both well oversold show lots of room to rise now. This could be the last opportunity to get in at this current price level.
Apart from the TA, there is also the practical real life anaylisis that BTC (Bitcoin), AKA "Bitcoin core", has lost some utility and BCH/BCC, being the same pre-fork bitcoin, is aiming and coming closer to Satoshi Nakamoto's original white paper proposal in creating bitcoin. More specifically, it now costs $20 or more dollars minimum to send the least amount of BTC to another wallet/person. I did the test in recent days. It cost me on a segwit wallet $24 to send $145 of BTC and $0.27 to send $270 of BCH/BCC (Bitcoin Cash) from wallet to wallet. The BTC took about an hour and the BTC/BCC took only a few minutes to complete. In my view, it doesn't take a rocker scientist to see how it's only natural that people will migrate to use in any practical manner the one which is faster and cheaper. On the hopes BTC has on the Lighning project, let's remember that Lightning will also work on BCH/BCC and others as well.
Certainly BTC has more inate value at the moment in it's embedded infrastructure such as now being speculated on in the CBOE and CME options markets, but if they don't move quickly to better compete on cost and speed, then once BCH/BCC build's into the entire cryptosphere, sooner or later BCH/BCC will most likely be worth more than BTC. Those are my thoughts at least for the time being. Who knows, though. With this still infant technology the sky is the limit to all the possibilities of how it will develop.
All the Best
BCC/USDT close needed above 2308 after correction.Risk: Low/Medium
Dear followers,
We need a daily close above the 0.618 fibbonacci level. If that happens, we can continue to look for higer levels. Old resistance (blue line) will then be a new strong support. If we close below, first buyback level is 2012
If we drop further I'll buy more arround 1560.
MACD is still bullish.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome and I wish you all a merry christmas.
BCash is choosing its wayI've pointed main levels for BITFINEX:BCHUSD and now I'm waiting for getting it.
BCH/BTCAfter confirming the formation, a strong price increase is possible. Targets marked with blue lines
Bitcoin Cash Pivot ZoneBitcoin Cash broke out of it’s rising wedge on December 19th after Coinable announced it would host Bitcoin Cash on their GDAX Exchange.
We saw an extraordinary rise to 4000 here on Poloniex.
The last two days, along with the entire crash of the market, we are retesting the upper trend line of that wedge around 2200.
If we can hold here, and put in a bottom, then we should see higher prices. Volume on this fall has been less than the volume on the way up, so that’s a good sign that selling is contained to some extent.
If we break below back into the price range of the wedge, then we will hit the next support levels at around 1800 (former break out level).
If we drop lower than 1800, next stop is 1100, which was the former support and consolidation range throughout November.
//
Please message me with your questions or thoughts.
MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections, measured moves, support and resistance.
Successful trading means proper risk sizing and trading small so you can stay in the game.
Bitcoin Cash is Done. For Now.Guys, we've all been following Bitcoin Cash since it first took off on that ridiculous rampage where we all (for a second) took the "cashening" more seriously.
A lot of analysts out there predicted $3,400. But not many of us expected that extended 3rd above $4,000. That was just nutz.
But guys, I think it's fair for us to call this run over. It's looking like a sharp correction, and honestly, I think a long-term entry level of sub-$3,000 isn't bad. I will probably aim for around the $2500 area in a week or two. My projections lead me to a 5th wave that's going to lead us to around $6,000 area. Our target range is $5,620 - $6,300. I think we could get pretty low here on our retrace. And that would be fair, simply because our wick on that first impulse wave was REALLY long. I felt bad for those who bought there, but not anymore.
Nonetheless, this correction is normal, and will probably take a week or 2 or 3. My timetable for the 5th wave to be conquered is about 2 months from now. However, this market moves fast so who knows. When it reaches this 5th wave, I'll be looking for re-entry for a long-term position. I may have some fun here and do a 1-2 year projection. Quite frankly, I think Roger Ver might be on to something. Bitcoin Cash's growth rate is ridiculous in comparison to Bitcoin. I think the two can live happily together, but I am not going to be the least bit surprised if Bitcoin Cash takes over and reigns supreme. I mean, just making simple transactions is much much more efficient. Why not gravitate to the more useful tools? Do you want to build a shed with a hammer and nails or a spoon and straws? LOL just kidding man, BTC is not a spoon and straws.
And of course, I will follow-through with this post on updates and progress. I constantly track how my predictions are going.
BCC(BCH) Huge Wedge Breakout forming!I Don't think the bitcoin cash run is over just yet! Watch for the trendline support to hold on the bottom here shortly, then for confirmation with a break of any of the upper trendlines with volume to get the run started!
BCH = 5KWe just perfectly touch strong support continuing our upward trend.
Might be a great short here in a couple hours.
Good luck and go BCH!
Bitcoin Cash on road to over $8,000If you are a member you already had access to this chart and early alerts!
Bitcoin Cash adds on exchanges such as Coinbase GDAX which gives is a massive boost. After few minutes trading both sites go down due to huge volumes and claims of 'insider trading' (which honestly is not worth even talking about).
Relaunch is scheduled to happen sometime today (December 20)
We may see this coin outperform everyone's wildest dreams since its extremely undervalued even at its current stage.
Our maximum target of 0.60 Satoshi is just a beginning and should be easily achieved within few days (maybe weeks depending on success of coinbase GDAX relaunch)
Please invest only what you can afford to loose because even with sure trades like this one, risk is still very present.
HAPPY HOLLIDAYS FROM US!
BCH/BTC Analysis (Long)Targets on 1 fib and 1.6 fib. (!!!!!!!!!Everything will depend on the reopening of the GDAX today and Roger's interview Watch tomorrow!!!!!!!!!!)
BCH Correction BIG has begunBCH's run up might be short lived after dramatic run up. Expect new support at around $2400 in the short term.
Bitcoin Cash (BCC / BCH) Target levelsHello, sorry for this "ugly" analysis but this is solely to have the Bitcoin Cash targets written in one place where they can be accessible by everyone.
I am sharing with you two different options, chart based targets and Fibonacci targets. You choose!
Enjoy.
Chart based targets (resistance lines):
(1) 0.134
(2) 0.151
(3) 0.185
(4) 0.208
(5) 0.233
(6) 0.299
(7) 0.398
(8) New ATH
Fibonacci based targets:
(1) 0.1526
(2) 0.2051
(3) 0.2475
(4) 0.2897
(5) 0.3502
(6) 0.4270
(7) 0.6490 New ATH