BCH 1 HOUR TIME FRAME UPDATE FROM $350 BULLISH BREAKOUT POSTUpdating by looking at 1-hour time frame from a 4-hour time frame previous post. Los Angeles 6:36PM
I wanted to update the indicators RSI and ADX on a granular level.
What to look for:
ADX is healthy that is running above 25+.
RSI is above 60+
BCC
UPDATING PREVIOUS 4 HOUR TIME BCH BULLISH TARGETS & INDICATORSUpdating to show current indicators. ADX must stay in the 25-50 range to continue its bullish trend. ADX at 25-50 does not necessarily mean it will only uptrend - when ADX is 25-50 it could also show significant strength to the downside. Please do a quick read up on ADX.
www.investopedia.com
Previous Post:
Good Confluence Buy Zone For BCC61% fib of last move lines up with previous confluence price points at around .0633. Could be a good entry for next impulsive leg up if news around BCC/BCH continues to be positive (If Twitter keeps shilling) :P
Possible Long trend , dont miss it . BCCBTCPossible Long trend , dont miss it . BCCBTC
BTC is slowing down its more potential success for this trade
Broke through the ATH, Bitcoin finally broke through and instead of creating a double top.
I think now we will see another bull run for Bitcoin with a few pullbacks but I doubt it will hold it back. Like I said in my last post when I was Neutral waiting to see if It was going to create a lower high or would go for the moon. Seems it took the moon path and will continue to push forth, in my opinion $6000USD will approach very quickly.
My concern (as I like to evaluate when I post) is that with the Bitcoin hard forks are people just buying Bitcoin or reverting back to BTC for the promise of free Bitcoin Gold etc. I'm still trying to find more information about that (please comment below if you know about that and links if you have them) as I've read a few different things and it seemed like most people writing were confused about if the hardforks are giving free coins like what happened with Bitcoin Cash.
Anyway Bitcoin will heading up and towards Christmas it'll get an extra pump. Since 2012 when I started trading I always noticed a surge towards holiday season.
I threw this together quickly so hope you don't mind I will start putting some extra time in again soon.
Bitcoin Cash (Ascent stages) - 04/10/2017Bitcoin Cash Chart ..
When BCH exit the monthly trend (Above the Trend1 month 4).. will fly
#BCH
./Matrix
Time for a BCH (Bitcoin Cash) pump?Let's see how things pan out heading into November. This might be a nice hedge against BTC 2x hardfork uncertainty
OkCash (OK) still bearish, wait and watch situation.OkCash (OK) Needs to Correct the price before it moved to the second level, As we can see that the price went up from $0.10 to $0.85 which is 850% as there is was lot of news bombarded in Twitter and their marketing groups, and does not showed expected output results, not even able to maintain the price levels.
To go to the next level, it needs to break the resistance zone first. The price is at correction wave after the elliot wave completion . So I am assuming that it will fall again around the original price of $0.10 before it starts to move up.
Please note that: This analysis is for education purpose only, I'm neither a financial analyst not advisor, so this is not any financial advice, Please do your own research and own decision, I will not be responsible for any kind of your losses at all.
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Thank you,
BCC/BTC Trading LONG - OPPORTUNITY TONIGHT 8:00PM (CENTRAL TIME)Following trend to trade long tonight at 8:00 PM central time.
BCC/USDBCC has reversed the trend, but it needs to break the red price, so that it can go up strongly.
