$BTC correction is over? There is a strong support level located at $3400s which I mentioned on my latest $BTC chart. Since, it made its decision, the fifth Elliott wave may the start soon. Monthly target is $5800.
BCC
"Fake Bitcoin" MoonWe all hate BCC/BCH. I even hate posting this idea... but with Bitcoin uncertainty and a large "fake bitcoin" conference in HK next week, it is certainly a decent time to buy (fundamentally)
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Technically, we have broken the wedge upwards after bouncing from support twice. I'm targeting .5-.6 on this.
BCHUSD 8h: BCH (BCC) maybe overvalued. 600 > 520 > ...in my opinion, the constellation at bch doesn't look good. the downward trend has been tested twice. bch was able to recover afterwards. currently there could be another downward wave. the question is whether the bch can recover again. but the basic question is: is the bch a real alternative to btc? for the upcoming changes in btc, btc will continue to hold its position as the leading currency. bch is a normal altcoin. as such, I would rate the bch currently overvalued. should the bch maintain its position in relation to btc, a significant increase would be possible. the rise would then be out of the just emerging decision triangle.
Let's see what happens. Happy trading. :-)
BCC One Day It Gonna BOOMBCC has the same chain as BTC till 01.08
One day it's gonna go high, but the way is long
Bitcoin Cash bearish continuation pennant - TP ~$530BCCUSDT (AKA BCHUSD ) is currently descending from a bearish continuation pennant. expected target price is roughly $530. may go lower from there, but we'll see.
trade at your own risk.
BCH 4 HOUR Time Frame BullishBCH 4 Hour Los Angeles 3:17AM.
BCH broke its resistance and is seeing a slight pullback.
BCH is BULLISH until the next resistance line before NEUTRAL ing out.
BitcoinCash(BCH)/BTC.Price brokeout the ressistance.
Looking for rise to 0.382 F lvl before Supply zone
BCC BCH , can go up or dumped down , resistance level and targetBCC BCH , can go up or dumped down , resistance level and target
#BCH #BTC #BCC Bitcoin CashRoger that pamp.
Thanks Chaz for the idea.
Looking at many previous bull runs, we sometimes get the double bottom new low then a large run up. In this case I dunno if were starting wave 3, or just a retrace of the pump, hard fork news comes in a couple months or whatever about the segwit2x stuff (but probably nothing will happen - still ppl will take advantage)
Other info on chart.
BCCUSDT multi day swing trade setting up. BCC held support after nice pullback from 900. Today its remounted its 9ema triggering its momo. This could be a multi day with stop near 580. I wouldnt chase this up here on this spike but wait for a mini pullback 620ish
BCH/USD on 4 Hour TimeFrame NEUTRALCurrently, BCH/USD on Bitfinex is Neutral.
The Price Action (Candles) are inside the Kumo Cloud means the price is running Neutral for the time being. If the price breaks support, expect it to run down to the next level $500 before finding support. If it hits $500, the price should bounce to $800 before the downfall.
If price action unexpectantly breaks the $800 resistance wall, expect prices to soar. The thickest wall is at $800.
PS the prices are from the order book in Bitfinex at the maximum decreased precision. There are obviously bigger support at $520-$550 and stronger resistance levels within $500-$800 but just giving the overall general prices.
BCC Sleeping While H & S grow upBcc is still same, sleeping and building some patterns... Will be watching it.
BCH - ready to jumpThis alligator is hungry. How long before it starts eating?
BCH seems ready to move onto wave 3.
BCHUSD 8h: Fibo 1.62 target = 1.300 USD. Maybe possible.If we look at the movements of the last weeks, we could extrapolate the trend lines on the basis of fibo under the condition that the top is around 900 USD (fibo 1). So there could be two possible trend ways up to the target 1.300 USD. it is very rough, but possible. Correction way 1 to around 575 USD. Correction way 2 to around 400 USD with a between high to 760 USD.
Let's see what happens. Happy trading. :-)
BCC / BCH is close to make a moveBCC / BCH is close to make a move and considering the new fee in btc it could move in an explosive uptrend.
BTC sellwww.tradingview.com
We expect a correction in the 3600 $ area and a correlation with BCH / USDT where we expect a $ 1000 level test
BCH/USD more retrace expected Im expecting here more retrace to 475-510$ it's not an advice to short more like an advice to buy incase the target is hit. If you already invested in its the best investment you made in your life ;)
If the target is hit the TP is 1300$ within 10 days or less. Target before we rush into the new year 7000$.
I will keep the idea updated and post later why i think its going down.
- rakim
Bitcoin Cash bearish move out of pennant chart patternBitcoin Cash bearish move out of pennant chart pattern. Possible support levels around $450 and $400.
$BCH #bitcoin #bitcoincash #cryptocurrency
*Note: Idea/opinion, not investment advice
