Bitcoin Cash - Up to 165% profit potential!As I see BCH right now, it really looks like it´s bottoming out and forming falling wedges on several timeframes. It also didn´t have a proper retracement since May, so we should see one in the near future. The stochastic refuses to go into oversold, so something is pushing it up.
At the moment, it is just an unconfirmed idea and we are on the resistance. If you want to play safe, you should WAIT until the break of the yellow and blue line and buy on the pullback.
The SL should also be adjusted by your risk management. Mine is on -14% (394 USD) because in this case, we are targeting huge gains of 55%, 95% and 165% (target are marked by white horizontals). Therefore we can use a smaller position and place the stop wider.
There is also coming a BCH hard fork on 15th of November. That could give BCh nice boost, too.
Please like the idea if it helped you - you will help another people to see it.
BCC
MY Bitcoin Prediction, The Undeniable Truth...As we all know, Bitcoin is by far the best investment you could've made in 2009; That doesn't mean it still is in 2018. Trust me I'm not going perma-bear all of a sudden, but looking at the strength of the bulls at this position just makes someone think a bit harder about whats going on. So I've noticed that not a lot of people are posting about this HUGE Ascending Parallel channel we have going on, even though were running along it to the ticks, as you can see from the chart. Now carrying on about strength of the bulls, lets just say, its not looking good. The bulls have failed to break this huge descending triangle, (no that wick was not a break). And it seems they are accepting defeat as Bitcoin falls lower every day. I believe there is more blood to come, but this could be a bear trap for all I know, so I am watching this from the sidelines and not entering a position until a clear break is made.
Wish you safe trading! -Trader A
BCC can make new waves of growth#BCC
Bitcoin Cash has a good price range to start building a long-term uptrend. These levels look good support and are comparable to the levels of 2017, whence impulsive growth began. On a one-day scale, one can notice a divergence between a price reduction and an increase in the RSI index, starting in mid-August, which is a good sign for opening long-term deals. We are also approaching the upper bound of the downward channel, the breakdown of which can be quite impulsive, but with a subsequent regular correction. And then we are again met by the support of 410, from which we have recently rebounded and again we can repeat this. In the case of a breakdown downward, the market should not go below the downtrend line, from which it will soon be repelled in order to return to higher levels. Currently, Bitcoin Cash is an excellent choice for investing a certain part of your deposit.
BCC - LONG - BULLISH DIVERGENCEBINANCE:BCCBTC Is currently fluctuating at an interesting price with a 12h Bullish divergence AND THE 6H Tenkan acting as support, the current chart has a lot of factors indicating bullishness and tight stop loss just makes it better.
Entries: below 0.0695
Target 1: 0.0731
Target 2: 0.0758
Target 3: 0.0792
Stop Loss: 0.0648
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[BCHBTC] Bitcoin Cash Bull Next [133% – 433% PP]Bitcoin Cash (BCHBTC) is the next in line. All the signals are there, only the catalyst is missing.
Bitcoin Cash is a solid project, is the first Bitcoin hardfork and it has a very bright future. This is a solid altcoin to hold long term and you can expect massive gains once the next bull run comes.
Let’s start by looking at the weekly chart, no indicators this time:
This is a weekly chart. Each candlestick is equivalent to 7 days.
The brown line at the bottom is where Bitcoin Cash found support recently (Sept. 18). This same brown line is the price level that held BCHBTC price back in August, October and December 2017. This is a strong support for BCH and after it was touched a strong bounced happened.
We notice the wave up, wave down pattern and we can see the price declining from May all the way to Sept. We complete a negative nine count on the TD Sequential and follow up with a reversal candle and a new count. After a very long and strong wave down, comes a wave up.
It can take a while longer before BCH goes on a positive trend, this will be marked once we break and close above EMA10 (blue line) on the chart above.
On the shorter time frames, you can see a huge increase in volume and additional bullish signals such as MACD bullish divergence and bullish RSI.
We will position ourselves now for the upcoming wave.
Trade instructions for Bitcoin Cash by Alan Masters
Buy in: 0.0771 – 0.0813
Next support: 0.0753
Targets for BCHBTC by Alan Masters:
(1) 0.0911
(2) 0.1031
(3) 0.1161
(4) 0.1311
(*) 0.4271 (All time high)
Stop loss:
(1) Close daily candle below 0.0716.
(2) Close weekly candle below 0.0656 (this is a stronger stop loss for longer term traders).
Capital allocation: <20%.
Note: Big market cap. coins and solid projects allow for big capital allocation. If your strategy is for long term, low risk, you can trade coins such as LTC, ETH, BCH, ADA, easily and without much risk. If you have a small capital and want to increase your total Bitcoin holdings, then smaller cap. coins, with higher potential yet higher risk, can be traded.
You can also have a diversified selection of altcoins where you have small and big projects. Short, mid and long term as well as low and high risk… It all depends on your own financial situation, trading strategy and lifestyle. Choose what works best for you, what suits your own needs… And of course, feel free to contact me if you have any questions.
Namaste.
Bcash be prepared if the market doesn't tank!This is bitcoin cash usd pair. Convert it back to the usdt binance chart. I'm using this one for historical price data reference. Ok, this is just in case things go right in the market. It's easy to prepare for bitcoin to visit 4k range. You simply do nothing while in tether or you play usdt charts with a stop loss so you get stopped out in a stable coin that isn't diminishing in fiat! I'm not trying to spread hopium because bitcoin definitely looks bad BUT it's better to be prepared so you don't miss everything take off and end up chasing green candles only to get rekt. People prepared let the trade come to them, enter, and then ride the rocket only to sell to those who FOMO in, because they didn't position themselves to ride it from the launch pad. Green boxes and numbers would be entries. USE A STOP LOSS! and hopefully this can be a swing trade all the way to said target. So just trail your stop under (deep under not right under) big areas of support. (If you put them directly under with the rest of the retail crowd a whale will likely eat all your stops for the liquidity and then send the price up)
This trade has a lot of proving to do as you can see its under the 200 and 100 day moving average. GL!
Play this right and can be in and out before things get scary.
Disclaimer:
Not investment advice DYOR
This is USDT pair. That means we're trading bitcoin leveraged through alt coin for usd not btc. I do not care to build satoshis while bitcoin is in a downtrend.
This market takes your lunch though so put your stop in profit or immediately take some profit when your trade goes right so then your widened stop can't do damage.
If bitcoin poops, so does this chart. But you know this.
BTCUSD Massive INV UPBART incomingThe last big and weird trend formation which ended in a heavy and fast drop looks like done already, If not bearish anymore then bullish and Bitcoin wont stay 6ks forever then maybe and doing a massive inv upbart (marked with DOGE).
For this scenario a retest to 6109 or even 6k is possible, like the final retest
Just, just take your time and keep looking at the screen if you I think the BCH price is so hot right now, so I cannot recommend to open long-term position because if you open the 1-day TF you will see the strong resistance line (100EMA) @0.093. However, I think this action on the card is a good sign to build small position for a long-term period.
The MACD: bull trap
The RSI is at overbought zone.
The EMA lines: you see a very popular phenomenon called "Golden Cross", when it happens the price revers its trend and in this case we are looking at the emergence of the new uptrend with big potential.
TF: 4H
ENTER: 0.076-0.078
PT:0.12 and higher
GL Traders.
Bitcoin CASHBCH has found a support 0.065 nad managed to maintain it few times in a month. We are still in a down channel, and 0.382 fib level failed to break up.
We can wait and get in 0.065-0.68.
If the support holds we can aim for a profit targets at 0.5 fib.
#BCC Inception of #bat harmonics! #Bcash reversed after making a bearish bat harmonic around 500 level, which led to the development of the larger bat pattern in play. Price reversed precisely around the 0.886fib and will now look to target the region between the 0.382-0.618fib region of CD leg of the larger bat.
BCC - Dropping 50% correction and losing 24 times valueBCC - Dropping 50% correction and losing 24 times value
a. Continue to fall in price to 0.053445, completing the wave region at H4 to prepare for a correction wave.
* This order will be canceled if BCC exceeds 0.077537
b. Increase 50% after decrease in area 0.084807, complete wave of H4 to start the last downtrend of BCC.
EP: 0.053445
TP: 0.084807
* SL
c. Decreased 24 times value on the bottom, losing 96% of the value of the BTC
EP: 0.003552
* This EP will be updated correctly after completion of the
i. All transactions need to set SL
ii. Price details may vary by Fibonacci level
iii. Please comment us, do not forget to Like, Follow and Share as it is free!
Good luck
Thanks!
From Team Trade +
Bitcoin Cash (BCCBTC): Quick Analysis (500% PP)Here is a quick look at Bitcoin Cash (BCCBTC).
* We have slowly increasing volume, over the long term and decreasing price.
* BCCBTC price touches strong support (yellow rectangle) and bounces with increasing volume.
* Really strong bullish divergence on the MACD.
* RSI bouncing out of oversold.
* Early signals of formation of a bottom.
* Bitcoin Cash is asking for a wave up. If the cryptocurrency market continues printing more green volume, you can expect Bitcoin Cash to move up big.
Bitcoin Cash, like XRP, ETH and other big altcoins, goes long and strong when it starts to move. So when you see Bitcoin Cash move up, know that it will do so for long.
I hope you enjoyed this analysis... My thanks to you always for reading.
Your support is highly appreciated.
Namaste.
BITCOIN CASH: STRESS TEST PASSED + NOVOGRATZ BULL -PROFIT=20.79%Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 17th of September 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 20.79% PROFIT!!!
The increase in price may also be explained by positive developments including:
The increase in price may also be explained by positive developments including:
Dec 2017: GDAX reallows access to Bitcoin Cash trading.
February 7: Decentralized marketplace OpenBazaar has added support for bitcoin cash .
January 10: Cryptocurrency exchange startup Coinbase has blamed overwhelming demand from buyers for issues experienced during the launch of bitcoin cash trading on its GDAX exchange last month.
January 27: The developers behind Bitcoin 0.25% 1.05% ABC , a software implementation which accounts for 81.48% of all nodes running on the bitcoin cash network, have released a new update designed to solve an issue whereby users could lose funds when mixing up BTC 0.25% 1.05% and BCH addresses.
March 23: Chinese Exchange BitAsia supports 0 confirmation Bitcoin Cash transactions.
April 16: Bitcoin Cash 6.13% 6.48% announces Memo: An onchain social network built on Bitcoin Cash .
April 19: Bitcoin Cash announces Op-Codes and Scripting Capabilities Coming to Bitcoin Cash .
April 22: Bitpay Adds Bitcoin Cash Support to Checkout Point-of-Sale App
April 27: Bitcoin Cash's announces that next fork will add "larger block sizes" and "smart contracts".
May 4: Bitcoin Cash Opposers Scrap Lawsuit Against Bitcoin 0.25% 1.05% .com, Citing Lack Of Cash
May 19: Bitcoin initiates hard fork and adds 32MB blocks and smart contract functionality.
May 21: Cryptocurrency investor Brian Kelly said Monday bitcoin cash is the must-own digital currency of the moment.
May 24: Mobile banking app Revolut now lets users buy, sell cryptocurrency adds BitcoinCash.
May 30: Devere Group, an international financial consultancy boasting well over 80,000 clients in more than 100 countries, has announced that Bitcoin Cash (BCH) have now been added its recently released cryptocurrency exchange app Devere Crypto.
June 1: Unocoin (Indian Exchange) lists Bitcoin Cash .
June 2: A Bitcoin Cash related charity called "Eat BCH" is setup that is focused on feeding South Sudanese Families with Food Paid for With Bitcoin Cash 6.13% 4.78% Donations.
June 2: Bitcoin Cash Fund starts new website to push Bitcoin Cash . The website, bitcoincashers. org -0.22% 0.59% , is a portal that will educate the masses on what cryptocurrencies are, how it works and how to buy, sell, and trade with these digital assets
June 3: Bitcoin Cash 6.13% wallet HandCash releases Mainnet BETA for Android.This Bitcoin Cash wallet has advantages including the enablement of NFC payments.
June 3: JP Morgan internal Cryptocurrency prediction report notes that Bitcoin Cash is here to stay.
September 1: CoinEx Exchange announces they will create a BSV token and award them to users on a 1:1 basis with their bitcoin cash 6.13% (BCH) holdings, based on a snapshot at the time of the fork — should such a fork happen.
September 2: The cryptocurrency payment processor Bitpay just recently the firm added bitcoin cash 6.13% support for merchant invoices and the company’s debit card loads.
September 2: Bitcoin Cash Stress Test Results: 2.1 Million Transactions Cause No Surge in Fees. The “stress test” is a community driven test of the BCH mainnet and its services, according to the BCH stress test website. The test aims to process “millions of minimum fee transactions” within 24 hours in order to prove the Bitcoin Cash blockchain’s capacity and scalability, as well as to provide data for developers and business running their services and decentralized applications (DApps) on the BCH network.
September 18: South Korea-based food dispatch platform called Shuttle Delivery now accepts BCH for door-to-door meal deliveries throughout the Seoul region.
September 20: Former Goldman Sachs executive and Fund Manager at Fortress Investment Group Michael Novogratz said the Bitcoin market achieved a “bottom” and ready for an upswing.
The price increase is the result of a recovery in the overall crypto markets and the positive developments highlighted above.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
Critical signal has just occurred in BTCIt's very easy for us to get caught up in the short term charts when the weekly chart reveals the prevailing trend with far less distraction. Something not seen since 2016 has been confirmed in the last 48 hours - a death cross between the 20 and 50 EMA on the weekly chart. This should be considered incredibly bearish , not only for Bítcoin, but also for the key altcoins such as ETH, XRP, BCC, EOS, XLM and LTC - but does also present an excellent opportunity to buy further cut-price altcoins ahead of the next epic bull run.
The significance of the weekly 20 EMA should not be underestimated - just look at what incredibly strong support it played through all of 2016 and 2017, and what incredibly strong resistance it has played throughout 2018.
The behaviour of this death cross can be clearly seen:
20 EMA acts as strong resistance, pushing Bítcoin down to the 200 EMA
When Bítcoin eventually broke through the 20 EMA, the 50 EMA pushed it straight back down to the 200 EMA
When Bítcoin finally broke through the 50 EMA and created a golden cross it triggered the beginning of the epic bull run which peaked in Dec 2017.
Under the current trend, by the end of 2018:
20 EMA will be around $6000
50 EMA will be $6500
200 EMA will be $4500
More specifically if this scenario plays out again:
The 20 EMA will push BTC down toward the 200 EMA, meaning a series of bounces between $6000 and $4500 throughout part (if not all) of 2019. The crucial moment will come when we can get back above the 50 EMA and create a golden cross. Last time this took just over a year... how long do you think it will take this time? Let me know in the comments below.
Please give me a thumbs up and follow me if you found my analysis interesting.
This is for educational purposes only and not a recommendation to buy or sell.
