Long Bitcoin CashBitcoin Cash's upcoming fork will stabilize its hash rate giving end users consistent transaction confirmation time. Bitcoin Cash will be well positioned competitively with the BTC blockchain by the Nov 17th Segwit 2x fork.
There are a lot of bullish signs in the price history from looking at the graph. The fib levels give clues to future resistance levels on the way up. The price has already retraced the entire move from $294 to $972. Don't forget many BTC holders immediately sold their Bitcoin Cash thinking it was "free money". The price has already bottomed out and stabilized from the dump caused by the initial distribution to all BTC holders.
You will not be able to move your forked BTC on Coinbase during the 2x fork. support.coinbase.com
Many other exchanges have similar policies. The crypto market will not just pause though. There are plenty of other alternate cryptocurrencies to use during this time. Bitcoin Cash is well positioned to be one that many people may pick.
BCC
return to meanBCC is dropping back to its trend line. Target of 0.1 is likely with no momentum upwards. Daily charts Stock will need to reset before significant up movement
Shorting BCH (Bitcoin Cash) Involves RiskWhilst shorting Bitcoin Cash seems like a good idea based on the charts and the fact that it's attack on BTC has failed, plus the fact BTC is pumping right now and possibly going on to test previous highs, you need to be careful of an artificial pump by the crew behind BCH.
As tempting as it is and although I have made BTC by shorting it previously I feel the risk vs reward is not worth it currently and there are better opportunities out there.
Trade safe!
TenX Pay Token Ready for Breakout!TenX PayToken has hit rock bottom and showing strong signs of a breakout!
cup and handle with downward wedge ready for big gains!
First target @ 350 sat
BTC vs BCHTrends represent more or less symmetricity of each other. Most of the money transfers to or from each other.
$BCC 1 more leg up?Looking at my expectations for BTCUSD, I'm expecting 1 more (big) move down for BTC.
This would perfectly fit in this cycle.
One more leg up.
Its very tricky to chart these kind of pumps, high chance of being wrong but this chart looks pretty logical to me.
Its more driven on "feeling" as on Technical Analysis by combining several chart patterns from different currencies.
neo and the snow man!neo is getting ready for the snowman above, more advanced trade set-up but should be easy to see coming
BTC's death throes. Long live Bitcoin cash!If you haven't heard, there is currently a war going on between Bitcoin Core and Bitcoin Cash, the one true king of coin.
Last night on heavy trading, BCH reached .49 to BCT before sharply selling off due to the largest exchange in Korea going offline.
Currently, there are certain Whales (Roger Vers and Bitmain in particular) that are leading the push from BTC into BCH. Roger transferred 25,000 bitcoins to Bitfinix last night and finally 14 hours later the TX is confirmed.
Sell has already starting, BCH is chewing away towards .26 as we speak.
We could see .50 or even .70 on tonight's push. Get on the train.
BTC holders - sorry but this ends in tears for you. Its not too late to GTFO out and get right with God. :)
Or something.
BCH Pump #2 imminent - Pause in rally explainedThis is really an update to my previous chart just after the rally.
There is a war going on between BTC and BCH. BCH is going to win however.
Chart: Nice breakout wedge forming and narrowing!
Key support levels of .21 and resistance of .29 due to massive sell walls at .30 designed to prevent BCH from going higher. Read on:
Here's what's going on!
1) "Whales" sich as Roger Ver are in the process of moving "YUUUGE" stacks of BTC (think 25K plus BTC) in order to sell .
2) Currently, there are around 175,000 unprocessed BTC transactions on the network. Users are experiencing in excess of 24 hour wait times on their BTC.
3) This thing is largely driven by Asia and their largest exchange crashed last night causing the crash in the first place.
4) Massive sell walls erected at .30 across multiple exchanges. These sell walls are meant to prevent the price of BCH from advancing beyond .30 while Whales like Ver wait for their BTC to show up and dumping to commence.
BTC Longs - this is the eye of the storm but the calm is only temporary.
Keep an eye on the order book for the cancellation of sale wall orders. Once those walls are canceled, the flood gates will open again and rally will resume.
HODL! (Your BCH. Dump your BTC)
ARK, long opportunity!Stop-loss: 2.25 $
Take-Profit1: 3$
Take-Profit2: 3.25$
Take-Profit3: 4$ / Long term
Bitcoin Cash - The one of the TwoBCC is very bullish right now.
No wonder, if we compare this Chart to the actual Situation out there. We will have two Camps and one camp is the BCC-Camp.
Lets see what happens tomorrow with this BCC to have a clearer and deeper insight as for now. We are in the mid of a movement, so i dont want to decide for myself what happens next. Things can change to fast.
Will update the Chart tomorrow
Good Luck to us.
BCH USDT - Fib Levels and Analysis - Bitcoin Civil War?Looking for Entry back into BCH BCC Bitcoin Cash?
After hitting amazing highs on various nearing 2800+, plenty of cryptonites will be gagging to get back on board....
We see the dump bounced at the corresponding fib level giving opportunities for quick profits on the bounce, set good stops for maximum risk management on this one
So loads of FUD about Bitcoin civil war with BCH but just keep waiting till time is right and start rolling in green - Bitcoin parity? :P
Where next?
1200 are looks tempting for proper entry but we may see it also go under 1000/900's or maybe even back to high 700 on a dump spike
Have a powerful weekend and good trades to you all
Major
[BCC] Hope you made a ton, now get out while you can!The great BCC pump of November is coming to a close--take your winnings and hit the exit! My opinion is that this pump was market manipulation by a group of whales. If you happened to benefit, that's great. If you were on the sidelines during this manipulation, stay there! Don't buy in on the back-end of the pump and subsidize this shady behavior!
BCC kills BTC...It's a war-crypto-game between BCC vs BTC
probably not for long
BTC goes down to $5000 and then it stays around this price during weeks
Bitcoin Cash ready for 40% correction or reversalseems like a bullish pennant though not sure if its going to break up or down.. my view is its gonna consolidate for sometime than crash? idk
