Bitcoin Cash Entry Area, Hype CycleI see on chart ascending demand area, this is good time to invest in BCH.
Bitcoin Cash will be on Hype again!
BCC
Bitcoin Cash Update (USD pair)Update:
Bcash, Bitcoin Cash, etc. is consolidating against USD as well as BTC, with Bbands tightening and price approaching the end of a triangle on the 4 hour.
On the USD, price bounced off the 200 EMA previously in late november, as well as currently holding a bounce off the Kijun Sen in the past day or so. There was also just a bullish TK cross as well as price breaking into the cloud, and a bullish kumo twist.
Bitcoin Cash paints a far more bullish picture on the USD pair than the BTC pair - normally, I think that USD pairs are more important for top tier alts (Ethereum, Litecoin, etc.) however given the driving forces behind $BCH and the bitcoin community's view of BCH I think it's important to factor in the BTC pair as well, which I've included below. I'm hodlin for the moment, but may reduce my exposure slightly if the BCH/BTC pair breaks below trendline and fails to bounce.
Bull case:
- Consolidating
- Still sitting above trendline
- Break into the cloud w/ bullish TK cross
- BTC difficulty adjustment in 2 days (when Roger Ver decided to pump $BCH previously)
- Bullish Kumo twist (future cloud green)
- BCH add to Bitstamp tomorrow
Neutral:
- Bbands squeezing
Bear Case:
- BTC starting to look bullish again, which may push alts down again, even against USD.
- See BTC pair idea for more complete bear case.
Will update idea after break either up or down. You can find link to BCH/BTC idea below.
BCC/BCH-USDT1d, 12h, 2h, 1h RSI looks good
6h, 4h,3h RSI tries to reverse
It also seems to be forming a head and shoulders or a cup and handle.
It surely tries to break the old resistance(blue line).
Also, it is above the green Ichimoku cloud on 1h.
It may do an all time high, but also might sell into older resistance areas.
Overall feeling is that nobody really wants that BCC to go up and.
This might take a wile until it happen, maybe we need BTC to stop pumping for this to happen.
BCC Between reality and illusionAfter the uproar about BCH, is he has a future?!
when price starts at $1 be sure he want to reach $10
so BCH get hist try to be next one and now that is the time to approve that.
this correction Necessary after this Running.
so be sure, u will be there after this correction will be done.
bounces well from fib 0.78
buy zone
between 0.11/0.08
Sl= 0.043
target=0.23/0.38/0.5 / 1 BTC
capital management is recommended
we ask Allah reconcile and repay
check usdt charts here
Bitcoin Cash (BCH/USD). Two options of consolidation.Option 1: WXY flat correction (yellow labels, red and blue arrows) implies further weakness to hit lower levels.
Option 2: ABCDE triangle (white labels, blue polyline) shows the hit of triangle sides first and then continuation to the upside.
BCH/USDwe touched on the first support and bounce.
Stoch RSI is oversold. Perhaps the price will go lower to the second support. After the price should go up .
TP - above $2000
BCC broke double top target 1500k double top broke the line with a double top the target with fib. 1500k. i hope btc allow it to rise
i spy a herd of elephants stomping around the china shop i spy a herd of elephants stomping around the china shop neo usd hmmmmm pretty clean price action
BCHBTC Holding Its LowIn case anyone is looking for a safe bet besides USDT, take a look at BCHBTC. It's been holding above .14 BTC for the past 4 hours. Its suspended in time. I've been waiting for this moment and hopefully I wont be proven wrong when this all settles.
BCCBTC Bullish DivergenceRSI indicates a Bullish Divergence on the 1hr chart for BCC(BCH)/BTC. Corrective movement upward to be expected.
BCH/BCC USDT - updateChart seems to be forming a pennant.
Hourly Heikin Ashi made 3 green candles.
Hourly over Ichimoku green cloud and also 12h in green cloud.
1h,12h Stoch RSI looks good
It seems that it want to break.
Possible ReversalWith BTC hitting ATH after ATH and the war between BTC and BCC/BCH this is a perfect moment to collect some BCC/BCH because when BTC corrects, the possibilty of money running from BTC to BCC/BCH is high. There is a downtrend happening but also a huge wall at 0.15, if that wall survives the down trend i see an upward movement that breaks the current trend.
This is my first TA, so be gentle (lol)
Bitcoin Cash (BCC/BCH - USD) Listo Para DespegarParece que Bitcoin Cash BCC/BCH también está listo para una corrida. Entiendo que este "trade" será influenciado por efectos dentro del mercado en adición a el análisis técnico. La teoría es simple: una vez Bitcoin alcance el nivel de $10,000, habrán muchas tomas de ganancias. En ese punto, también se reflejará un punto de debilidad y se reflejará una corrección necesaria. Basado en esa corrección, y en los rumores actuales sobre Dragon Slayer y otros sucesos, veo una llama que impulsará esto mucho más allá ...
Looks like Bitcoin Cash BCC/BCH is also ready for a break out run. I expect this trade to be influenced by market forces other than just TA. The theory is simple: once Bitcoin reaches the $10,000 level, there will be lots of profit taking. At that point, there will also be a natural weakness and tendency towards a much due correction. Based on that, and the current gossip around Dragon Slayer and other happenings, I see that as an igniter for this to go much higher...
High Risk Trade IMO, but if the pump we all have expected will take place anytime, this looks like the perfect time to me.
BCHBTC Ready to FlyTargets in graph.
Falling wedge ready to break up.
Introducing Mr. Cashio.
Ready to bring Bitcoin down.
YEAH!
BCC triangle possibilityPossible to break this triangle and go up or down. Possibility with a bear trap first.
