Possible Bitcoin cash trade coming right up!Leaving my personal opinions of bcash at the door this looks like a possible trade forming up. First Fundamentals,
We all Know for the most part BCH and BTC tend to hedge eachother. After such an intense run last night it would make sense for it to take a breather before it honey badgers its way to 10k. Which would give Bcash a small upwards movement while BTC rewinds its energy.
Technical analyses. The one hour RSI is at the very bottom looking to bounce up.
Usually when there is a price reversal it will shoot thru both lines but must refind support on the 20 SMA(white line) to confirm upwards momentum. I circled an example of the last time it did this. It stll has room to drop on the 4 hour RSI and on the daily chart it hasent bounced off the 20 SMA. This is why We must wait for confirmation before entering this trade. If it fails to gather momentum right now then we will see it retest .16
Following trend lines it would put the target at .25 , Knowing big round numbers tend to be resistance we should play it safe and TP at .244
remember to wait for confirmation. Ill be keeping an eye out and posting updates. good luck.
*****FORGOT****** TO DRAW LOWER TREND LINE WHICH SHOWS SUPPORT AT CURRENT PRICE .169
BCC
BCC/BTC looking for long @ 0.17 - potential ROI 100%+ !!!Looking to go long around 0.17 - major support / resistance level , MA 50 & 100 providing additional support. T1 - 0.30 (4H) / T2 - 0.36 (1H) - potential ROI 100%+
BITCOIN correction on the daily chartsBTC losing steam and technicals pointing to a big correction back to the trend line (or towards the 50 sma line)
BCC is running as the inverse and is due for a massive spike which it has already started making moves on
BitCoin Cash Thanksgiving breakoutBeen long this for couple days. looks like another push is coming here we are flagging on the 15minute chart and looking to take out 1600 which could start the next push
BCCBTC - Daily Trend Continuation - 4H MA Breakout TradeBitcoin Cash has recently retraced back down to the daily MA cloud, and appears to be bouncing off of it and moving to the upside. Good momentum on the Daily with the well positioned StochRSI is giving a good entry signal.
BITCOIN CASH multi timeframe breakoutAfter the massive run to 2500. bitcoin cash has pulled back to support and started to round. we had our first leg of the move a few hours ago and now been consolidating above vwap curling up for the next move. I think this 2ndary move should trigger in next hour or 2 with risk down to the vwap area.
Bitcoin CashBitcoin Cash (BCCUSDT):
Buy: 1518.00
Stop-Loss: 1100.00
Take-Profit: 2000.00 / 2400.00
Recommended Trade Volume: up to 10% from your deposit size.
Possible Breakout on Right Angle WedgeBitcoin Cash has been very stagnant over the last couple days (boring). Here's to hoping that something meaningful comes out of this right angle wedge.
BCC possible upswingBCC consolidating with strong support.
BTC on 12 hour chart is topped out and due for a big correction soon. BCC has been working in inverse so when BTC drops BCC will boost. My guess is a spike to at least the 0.5 FIB. Or it could just drop away to nothing lol, who knows.
RSI is also holding steady and showing signs of support
Bitcoin down and cash down also?What did I just saw? Usually, when bitcoin going down, bcash goes up. But now, when btc goes down, there was huge offers to sell bcash. So, if I am right, that was a plan to sell a lot of bcash before new btc ATH, using price manipulation. usdt were needed especially for this.
Bitcoin Cash Trading OpportunityThe price bounces from 853.00 support level and bounces from the support zone formed by SMA. RSI confirmed price reversal from the support level. The price diverges with RSI. The market is going to move high.
BCH is about to go parabolicWith bitcoin sitting at 120k unconfimed transactions and miners moving to bch is gunna moon
Tell me old man the secrets of....Sam?Someone explain the bcc vs btc thing for me. Opinions on which one everyone here agrees on. As far as trading it I personally bought a few at 500 sold at 1700 and haven't gotten back in. Fuck this coin
BCH Short to 1450!BCH is still ascending trend, and vice versa for BTC, so kep the core BCH!,
comments are welcome.
Symmetrical Triangle Continuation of Recent Bullish ReversalBitcoin Cash is consolidating in a nice little symmetrical triangle. It appears to have started a recent intermediate uptrend around 18:00 on 11/16. This triangle may breakout and continue the uptrend.
RSI seems to be stable at the 50 support line.
THE MOMENT OF TRUTHTHERE'S MUCH GROUND TO COVER. HERE ARE SOME TIPS I WROTE TO KEEP MY SANITY. HOPEFULLY THEY HELP YOU.
1. Stagger ALL Buys and Sells
2. Cut losses if you need to, but don't jump back in when you do
3.Don't EVER buy Higher than you sold
4. USE THE BUY AND SELL INDICATORS
5. Hold your position firm. You are gambling on this one, so assume your money is already gone. Now play like there's nothing to lose.
6. Stop Trading using anything less that 30 minute candles. It'll fuck with your head.
7. Relax, Breathe, Make Money, Have Fun.
BTC:
13FXp5MGwZ7poLPx2KsnaKPNZHquQgsxUq
HERE WE GO GUYSYour Patience Has Paid Off. Let's Have Fun
Let's Make It Rain Satoshis :)
Tips that help me stay sane during stressful trades:
1. Stagger ALL Buys and Sells
2. Cut losses if you need to, but don't jump back in when you do
3.Don't EVER buy Higher than you sold
4. USE THE BUY AND SELL INDICATORS
5. Hold your position firm. You are gambling on this one, so assume your money is already gone. Now play like there's nothing to lose.
6. Stop Trading using anything less that 30 minute candles. It'll fuck with your head.
7. Relax, Breathe, Make Money, Have Fun.
BTC:
13FXp5MGwZ7poLPx2KsnaKPNZHquQgsxUq
BCCBTC - Reversion to the Mean TradeBCC has had an extreme move to the downside with bitcoin making new highs, and it is finally starting to show some exhaustion. The daily chart is showing a bounce into and out of the MA cloud indicating a bullish trend continuation. Momentum appears to be slowing down on the 4H chart with a doji HA candlestick forming and indicating price could potentially change direction. I will be waiting for the next candle to open and indicate a strong momentum to the upside before entering positions. Heavily oversold weighted RSI is also a good indication price could swing to the upside and attempt to touch the MA cloud or possibly the 50% fib area.
