BCCBTC Bullish DivergenceRSI indicates a Bullish Divergence on the 1hr chart for BCC(BCH)/BTC. Corrective movement upward to be expected.
BCCBTC
Possible ReversalWith BTC hitting ATH after ATH and the war between BTC and BCC/BCH this is a perfect moment to collect some BCC/BCH because when BTC corrects, the possibilty of money running from BTC to BCC/BCH is high. There is a downtrend happening but also a huge wall at 0.15, if that wall survives the down trend i see an upward movement that breaks the current trend.
This is my first TA, so be gentle (lol)
BCH Update ~ The breakout is real :)Now that the dragon has been slayed ( mining has been more profitable on bch chain for days ) we should see a nice slow uptrend with a few pops along the way, lets see how this plays out. :)
BCC triangle possibilityPossible to break this triangle and go up or down. Possibility with a bear trap first.
BCCBTC Chart Analysis - target 0.269Targeting 0.269 BTC valuation within the near future?
If it continues to follow this channel along the way = we can expect to hit as high as 0.269 within a 2 day time frame. if we do not follow this channel, and create some new longer correction wave, we will have to retrace the current model and predict for later point in time.
BCC/BTC looking for long @ 0.17 - potential ROI 100%+ !!!Looking to go long around 0.17 - major support / resistance level , MA 50 & 100 providing additional support. T1 - 0.30 (4H) / T2 - 0.36 (1H) - potential ROI 100%+
The past reminds us of whats to come. BitcoinCash DragonSlayer~~Didn't really post this in time but figured i would share anyway, breaking out exactly as expected.
Bitcoin Cash trading opportunity~ This is NOT a strong signal, watch price movement closely
~ Short term MACD shows potential start of upward trend
~ Bistamp exchange will list Bitcoin Cash sometime in the coming weeks
~ Bitcoin Cash is a strong hedge against BTC, see my bearish technical analysis of BTC:
~ RSI allows upward movement
~ Bitcoin Cash mining just became more profitable than BTC (currently 8% more profitable): fork.lol
If a breakout occurs above 1350 level, upward movement can be expected. Targets could be 1500-1600 and 1800-2000.
Paybacks a BCH! The DragonSlayer is here, the dragon will fall.Looks like bitcoin is retargeting and will become more profitable to mine than #bch bitcoinCash, this will not do... Satoshi says the price needs to go higher, much higher... Maybe if it becomes profitable enough everyone will switch to mine $bch and the $btc chain could come to a halt, with not enough hashrate(mining power) to solve blocks... expect confirmation times to get LONG and get your btc into the exchange soon if you want to take advantage of this opportunity, soon you might not be able to move it.
RSI is oversold --- could mean above chart will get invalidated quickly if volume comes back, will chart again if that happens :)
If you find my charts or this information helpful any support would be appreciated :)
Bitcoin Cash Tips: 1FH8k9qdARfQ5vCmeWQKzeUnwJaKkjDbqc
BCCBTC updateBCCBTC hit out target at previous analysis with 50% profit in 1 week.
to follow bullish movement, wait at support line at 0.07614 to aim new 70% profit at 0.1356
Good luck
Bitcoin CashBitcoin Cash (BCCUSDT):
Buy: 1518.00
Stop-Loss: 1100.00
Take-Profit: 2000.00 / 2400.00
Recommended Trade Volume: up to 10% from your deposit size.
Possible Breakout on Right Angle WedgeBitcoin Cash has been very stagnant over the last couple days (boring). Here's to hoping that something meaningful comes out of this right angle wedge.
BCC possible upswingBCC consolidating with strong support.
BTC on 12 hour chart is topped out and due for a big correction soon. BCC has been working in inverse so when BTC drops BCC will boost. My guess is a spike to at least the 0.5 FIB. Or it could just drop away to nothing lol, who knows.
RSI is also holding steady and showing signs of support
Bitcoin Cash Trading OpportunityThe price bounces from 853.00 support level and bounces from the support zone formed by SMA. RSI confirmed price reversal from the support level. The price diverges with RSI. The market is going to move high.