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BCC

Elliott Wave - Complete 8 wave cycle forming??BCC has had nearly perfect pullbacks to the 61.8% fib lines on each leg up (didnt include here because it looks too cluttered), line 5A represents the first downard impulse wave with the corrective wave AB setting up at the time of drawing. Looking for a pullback around the 23.8% fib level which also served as a support line on the first run to ATH. Bitcoin cash is a weird beast though who knows what will happen, I will be dumping my remaining BCC upon confirmation of a downtrend from here regardless.
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by LincolnDevine
1
Bitcoin Cash second break out opportunityAfter failing to remain on the uptrend line shown in my previous idea, BCC / BCH is still showing consolidation action slightly below the $300 level. After a long time of consolidation there are neither buy nor sell signals, which means we will have to wait for a clear one to show itself soon. This technical analysis is based on the fact that after consolidation there will be a break out either up or downwards. Conclusion: We still have to wait for a clear move.
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by TALife
3
Bitcoin Cash break outAfter Poloniex credited BCC / BCH to its users and nothing major happened, the market is now ready for some movement. The fear of Bitcoin Cash going down in price after another large exchange lists it is seen as the reason why it was in a rather long consolidation phase. The chart shows that the price has remained withing a certain range and is now reaching a break out point. Long trades can be considered if the price does not break the uptrend line and starts going up from there.
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by TALife
BCHUSD 1h: What comes next? Two szenarios: 520 or 230 USD?As you see in the last chart ( BCHUSD-15-Until-8-8-240-USD-than-2-ways-poss-65-or-440-USD/ ), Cryptos are "Fibo business" (Fibo Areas). Now we are in an new phase with BCH. The steam is out, but Fibo is still important. We need to interpret fibo in a different way. So i see two possible szenarios: more up to 520 USD or down to 230 USD further down. Currently I see, that the down trend line could be stronger. In addition, we are in a decision triangle. Let's see what happens. Happy trading. :-) See also: ...
KRAKEN:BCHUSD
by BTCINVESTING
9
The Wall Is Gone! Road to 100 USD?BCH has found a pretty solid support level around 200 USD, but is this the bottom? I honestly don't think so. Holders of BCH have the only way to deposit and sell their BCH from cold wallets at the moment (ViaBtc). And this way is not very well-known so I believe many people are still waiting for the opportunity to sell their coins. Morover some of marketplaces have not supported BTC hard fork (f.e Coinbase, Poloniex) and their users have not recieved any BCH yet. Poloniex users will receive their BCH at 14.08.2017 and Coinbase is planning to add BCH support in the begining of 2018. That being said, the 3000+ BCH buy wall at 200$ price level is eaten for now and I am pretty sure the price will drop down to 150$ and even deeper in the nearest future. (probably after 14.08). But you have to be very carefull in short term trading, because there could be agressive speculative action and pumps to 250$ or even 300$ price levels.
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by eaaaaassy
7
BTCUSD relation to BCC(BCH) until 8 August and shortterm afterI do not really see big impact of the BCC (BCH) on the general BTC trend. On August 8, I see a price for BCC (BCH) at about 250 USD. For a BCC (BCH) up to 450 USD, this means a Down at BTC to about 2,650 USD. In the case of a crash from BCC (BCH) to USD 50, this means than a BTC up to USD 3,050. These are all "normal" movements at BTC. So, the overall BTC trend is still unimpressed. Let's see what happens. Happy trading. :-)
by BTCINVESTING