Back to all time highs for Bitcoin/BTC after market over-reactsReversion back to all time highs expected in Bitcoin.
Massive market over-reaction on the release of Bitcoin Cash on Coinbase / GDAX.
Buying opportunity for bulls. (I do not think this is a market you want to be a bear in, but that's just me.)
Short term goal: $18000
Mid term goal: $20,000 break out
Long term goal: $25,000+
BCC
BCCUSDT Short term how to tradeBuy now 2020
Take profit 1: 2500 (strong resistance due to previous high)
Take profit 2 : 2550
Sell loss: 1880
BCC/BTC Breakout Incoming!BCC Currently sitting right at resistance. If it can break this short term, and eventually that first trendline, I expect a solid move upwards from there. Watching this one closely!
BCC could rocket in the next few minutes!Anything can happen within the next 20 minutes. With BCC already up 21% on the day, I think the volume will pick up significantly with a ton of buying power.
BCH/BTC not yet...Looks bullish but not strong enough to move upwards. Bitcoin must be bearish so BCH can overpass resistance 0.14 to move forward. I believe that BCH will be very strong and next year we will see 0.5btc price, but not for now. I think it will come back to 0.9-0.10 levels.
What Your thoughts about BitcoinCash?
BITCOIN CASH day trade ideabitcoin cash showing nice consolidation above vwap. this has some momo back to hold highs. think we can take a day trade here with a stop under the vwap for a trade into the night. nice reward to risk
BCASH or Bitcoin Cash Nice PatternBCH or BCC is forming a nice inside bar formation on the Daily chart. Even though Roger Ver is a D!#k I still believe the pumping of this coin to become the next new bitcoin is not over.
Wait for break of 1900 level with increased BULL volume.
Hint lower time frames will give good indication of increasing volume.
Buy 1900 or Brake of 1850 level on increasing volume.. Look for break of down trend line
Stop 1634 <-- just below the last swing low...
Profit 2250 (min) <-- let it ride if you can with travelling stop loss.
Bitcoin cash on huge opportunity, 4x potential BITTREX:BCCBTC on symmetric triangle setup
One can buy on the lower side of the triangle or on Breakout
Note: Breakout has to be decisive and sustained, means If pump and dump happens then ignore it. Please wait for 30 mins to get the confirmation of the breakout.
Entry :
9400-9900
or on Breakout above 12000
Targets:
11700
14300
17000
21300
29000
Note : Please book profits on each and every resistance. Try to buy back at lower levels to earn more profit.
I would book at 17000 , wait for consolidation and buy back for next targets.
sl :
8000
Our previous analysis was solid $500 profit.
Bitcoin Cash (BCC) on the rise !!There seems to be a pattern of symmetrical triangle on the BCCUSDT chart (30 min). The volumes have gone down along with a squeeze in ADX and MACD. The trade will be successful as long as BTCUSDT remains stable and does not break the previous highs
Trade Entry 1800-1850
Breakout (look for spike in volume)
1st Target price 1940
2nd Target price 2050
BCC trading channel, buy and TP levelsRisk: low
Hi followers,
First of all, thanks for following me. I just started sharing my analyses here and I see new followers every day. :-)
After our profit with Bitcoin Cash last week, I provide you with this chart to make things a little bit clearer for Bitcoin Cash next months. What we see is a very clear trading channel. We have seen one correction so far and it bounced the first fibonacci level perfectly. (Second green line)
I'll buy a small position at 1635, buy more if we hit the 18ma (purple line) and I'll buy my last and biggest portion when we are trading in the bottom of the channel. The great thing about this strategy is that we bring down our average purchase price.
I'll take a small profit at 1915 to protect my profits and I'll take a second profit at the top of the channel.
Buy:
Buy 1: 1635
Buy 2: 18ma
Buy 3: Bottom channel
Target points:
TP 1: 1915
TP 2: Top channel.
SL: Below trading channel
At the time of writing, I already have a small positiion in Bitcoin Cash.
Please, follow and like for more trading ideas.
Questions? Just ask and your feedback is welcome.
12/15/2017 Long BCC:BTCBuy entry if close above resistance #1 with stop-loss below for fake breakout. If price bounces, target is above resistance #3. MACD crossover held and RSI indicator confirming bullish trend (under over-bought zone). Keep eye for MACD crossover at the top for sell indication or move stop-loss up.
Bitcoin Cash (BCH) Finally wants action (MEGA BULLISH)Many signals going out for BCH (Bitcoin cash), looks like it is about to explode.
This is also a good sign for other Altcoins trades, because this is basically another confirmation that Bitcoin might really tank.
I don't know do USD pairs, but you can check it out, as there is a good chance that this will be a HUGE opportunity .
This is a quick chart analysis:
-4H candles, which means each candle is really strong.
-TD count already up to 9, if it keeps on going green after 9, mega bullish.
-MACD going wild as well as RSI; on the positive side of things.
-The Daily chart looks even stronger.
Remember to follow all of the usual advises:
-Diversify and patience.
-Always stop to think, and breath, before taking any action.
Last time BCH had a really, it was an incredible rally.
I will be looking at the BCHBTC pair, to see if I can do a more in depth analysis and give you supports and targets.
This is a "buy signal" for experienced traders.
Trade at your own risk.
Good luck.
12/14/2017 BitCoin Cash BreakoutPotential breakout if resistance is broken. MACD looking to crossover. STOCH & RSI looking at bullish trend.
Bitcoin Cash Breakout to highs comingBitcoin cash after a nice healthy pullback after run to 2500 has pulled back and has been making higher highs on its daily fo rthe last month. we finally broke over its previous swing high at 1800 and now have old highs in site. YOu can see on the 15minute chart a nice setup forming if it breaks 1900 think we can reach 2s quickly and back to hold highs
BCH/BTC - Long AnalysisStay turned on volume, for a bullish move like this we need a healthy buying volume. (****It's extremely important!!****)
Wave 2 - Bitcoin Cash pushing to 2k and beyondHello fellow traders.
Prepare for another Bitcoin Cash bull wave.
- Technicals first
We saw a massive reversal volume spike during the last push down on BCH.
This clearly speaks for the market and shows us Bitcoin Cash is not going further in that direction anytime soon.
Always remember, Volume speaks first.
4H MACD is ready to flip & RSI is clearing moving out of the oversold territory.
- Targets
We are in a wedge, and i'm looking for either a straight breakout, or a top test followed by a straight breakout.
It'll be volatile when we breakout, and i believe we could be looking at a straight path to 2000 USD area.
- Fundamentals
BTCUSD has been behaving very irrational the past days, and i see a few reasons for this.
Since the difficulty change on the Bitcoin Core chain that increased by 18%, we are now seeing the right amount of blocks being mined, 1 Block / 10 minute.
This is resulting in fewer blocks than before the change and therefore increased mempool, hence strain on the network.
Currently the mempool is sitting at 230k unconfirmed transactions, which is the same as the all time high in May 2017.
It's clear that the mempool issues will be much worse this time around. We'll see a huge increase in fees to use the broken bitcoin core network, complaints will be heard in the media soon.
You can follow it yourself here: blockchain.info
Lets think about what happened on Coinbase/GDAX when BTCUSD spiked from 17k to 19.6k in minutes.
This was a very clear situation of an illiquid market, causing euphoric buyers to waste thousands of dollars on slippage.
Why is GDAX illiquid ? Because all the coins are stuck in the mempool, waiting to be confirmed by a broken network...
It's impossible to sell your coins if they are stuck in the network. Now this is very dangerous if combined euphoric buying, as it'll lead to artifical price discovery without showing the real market supply, as the supply is stuck.
I believe we are about to witness the part 2 of the flippening, where the users discover the flaws of Bitcoin Core which leads to a huge escape to Bitcoin Cash.
Bitcoin Cash 1692 in 6 days. Don't believe the BTC shorters!Risk: Medium (Because of possible high volatility because of launch futures)
A triangle is formed and we will wait for a breakout.
- Last candle is a hammer. (Bullish sign)
- After reaching first target, a bullish flag will be formed. This is a strong signal to reach higer levels.
- Correction in cryptomarket was just a healthy correction and nothing to be scared of.
- Launch Bitcoin futures is positive at the short term and will continue the flow of money into the cryptomarket.*
- Most cryptos are forming big hammers, what means a bullish sign.
* Please. don't believe the messages of people that think Bitcoin will crash today or December 18th. And take all alt coins with them. It only leads to higher volatility because of the sudden cash flow. Besides that, a lot of hedgefunds are jumping in, they will always buy the underlying value. The correction past days was technically a healthy correction in a bullish market.
Targets
Target 1: 1692
Target 2: 2445
Support levels
Support level: 1105
Support level: 858
Please, follow and like for more trading ideas.
Questions? Just ask and your feedback is very welcome.
Bitcoin Keeps Going UP. What about the ALTS (+ Beginner Tips)Now, Bitcoin is on a very, very strong bull run. Something that we've come to consider normal, but what happens to our altcoins trades when Bitcoin shoots through the roof?
First, we love Bitcoin. And Bitcoin is the reason why we are all here. Bitcoin is also the reason why all the alts exist, including ETH, Bitcoin Cash, Litecoin, Dash, Ripple, Monero, IOTA, etc.
So it is great to see Bitcoin going up, because Bitcoins bull run will eventually translate into a bigger market cap overall and better altcoins valuation, including all the altcoins that we trade by sharing our TradingView "ideas".
But what to do when Bitcoin takes off?
We have two main options when Bitcoin starts to climb big and fast.
Side note: Before we take a look at those options, STAY CALM, PATIENCE IS KEY. You cannot operate in fear. Fear is a state of mind that clouds your reasoning. So stay calm, sit back and relax. If you don't know what to do, send me a message or step away from the computer, but do not trade in doubt.
Now, back to the two options:
1) Sell the altcoins according to the stop loss. If the trade you are following does not have a stop loss, you can consider selling it after a 5%,10% 15% or 20% drop. Depending on the coin and how you feel about it. You sell your alts for BTC, never USD, and hold BTC until the bull run is over and buy back lower. You will have more altcoins and bigger earnings potential. Win-Win-Win.
2) You can hold. Just HOLD. If the panic got the best of you anyways, then the more reason to hold. Fear? HOLD. Bitcoin will gain in price, the altcoins will correct. When Bitcoin corrects the price will still be higher than when it started the bull run and the alts will eventually go up and you end up winning anyway. You will win because the Alts will go back up, and when they do, even at the breakeven point, you will have more money because the Bitcoin price is higher.
Some people hold LTC for years once and they waited and waited, when it bounced back they made a fortune because Bitcoin was so high compared to when they started holding. This is a worst case scenario but still profitable in the long term.
Now, the last option, which you CAN'T DO, is panic sell at the bottom. If you didn't follow a stop loss, then just hold. Because if you wait too long and then sell at the bottom, then you just sealed your loss. But if you HOLD and don't sell, eventually all will be fine. Once your altcoin goes back up in price, it will be worth more since Bitcoin is now worth more.
Follow this simple strategy and you should be fine.
This is a fast market. Not crazy, fast. So it will take a few days, maybe a few weeks or maximum a few months, but everything will go back to normal and you only lose if you sell late.
So, stop loss or HOLD. And you can see and enjoy Bitcoins Bull Run, because you know that once it stops, you will end up with more money in your pockets regardless of what happens.