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.
BCCUSD
BCH is about to go parabolicWith bitcoin sitting at 120k unconfimed transactions and miners moving to bch is gunna moon
After A and B, comes...??We see a nice Ascending Triangle.
If Triangles support line brakes, probably we will see wave C formation with support ~700.
What do you think about it?
P.S. Please be careful, thats just and idea.
$BCC 1 more leg up?Looking at my expectations for BTCUSD, I'm expecting 1 more (big) move down for BTC.
This would perfectly fit in this cycle.
One more leg up.
Its very tricky to chart these kind of pumps, high chance of being wrong but this chart looks pretty logical to me.
Its more driven on "feeling" as on Technical Analysis by combining several chart patterns from different currencies.
Bitcoin Cash - 1k is comingHello Fellas,
I hope you didn't get shaken out by yesterdays event. It was noise and Bitcoin Cash now has completed its 4th Elliot wave.
We set sails for 1k now and then beyond afterwards.
There's now only 1 bitcoin that has an actual scaling plan for 50.000 TPS with graphene & 1gb blocks that'll be able to support the mass adoption Bitcoin needs to succeed.
By the end of 2018, BCH will be recognised as the current BTC ticker and Blockstream will have fallen.
oh bcc are u the new king 1st target checkbcc are u the god coin slayer or is this just china related news pump!
symmetrical Triangle, possible uptrendSee a clear symmetrical Triangle.
Cause of the uptrend before the triangle formation, it is very possible to have a following uptrend after the sym. triangle (min.:+100.00-120.00).
Go into the trade only when the resistance level will be broken (80% possibility).
In case of breaking the support level first, go out of the trade, or go short (20% possibility).
Thats just a speculation so please be careful!
Nice to read about your idea too.
BCC to MoonBCC reminds me a lot of Bitcoin's Fractal before we broke ATH. Watching for the retrace back to the trend line before entry
Possible bearish trend BCHDescending triangle pattern in BCH/USD, I am bullish overall due to the reasons outlined in my last post, but I have exited my position temporarily due to this short term bearish sign.
BCH in for a pullback 4th wave, then reversal 5th waveWe have seen 4 waves since the introduction of huge volume into BCH. The price has not only broken through a significant trend line of this recent wave, but also broken below the 100 hour moving average. At this moment, volume is much lower than it was when the price was going crazy, which leads me to believe that this short term bull run is slowing down, but we still may see one more wave come into play.
In this case, I see three possible supports: $560-570 range as it was a resistance on 11/02 and also a support on 11/03 and 11/04; the $500-$420 zone as this is where price hovered in the last period of low volume; and lastly it could bounce anytime positive news is released about bitcoin cash and/or negative news about bitcoin/segwit2x.
I have an order to sell at $570 once the breakthrough of the moving average has been confirmed, and I will look to enter again somewhere in the zones I have highlighted. I will try my best to continue to update with new price action, and leave a comment if you have any questions.
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+
BCASH 4 HOUR TIME FRAME $350 BREAKOUT CONFIRMED BULLISHBCASH 4 HOUR TIME FRAME Breakout Confirmed BULLISH. Los Angeles 4:54 AM.
I don't own a lot of BCASH so I'm comfortable just selling my portion at Target Price 1. I don't think Bcash will have the strength to reach Target Price 2 or Target Price 3 unless you're waiting out for a couple days. I think in December the market is going to have a strong finish. I do believe BCash has potential to go over $450.
What to look for:
ADX line (black) stays above 25-50 in order to show strong run up (or down).
RSI stays above 60+ to break resistances.
Chikou Span stays above Kijun Sen.
Price action stays above the clouds (kumo).
Sell at target profits in small increments.
Might be better to hold for long and utilize your stop loss.
If the price action breaks the red line at 100 fibb, price action is most likely headed to 1.618 where my first TP is set. I set my Target Price slightly below the Fibb levels in order to lock in my profit.
BitcoinCash/USD 4 HOUR TIME FRAME ANALYSIS BREAKOUT EXPECTEDStory: Breakout was immanent due to consolidation and bullish RSI. Los Angeles 12:30 AM.
BitcoinCash has found strong support on the $300 level for a very long time. In addition to the bullish RSI it was expected that we saw a breakout from the descending triangle. Zoom out for the bigger picture. The picture shows multiple descending triangles showing bearish continuation and multiple breaks to the lower levels. The recent breakout through the cloud means we can expect a new trend. If the price action breaks the $400 resistance level you can expect prices to go up to the 1.618 about $455. Might see some side way action before a retest to the $400 level.
BCHUSD breakout Mid term LONG strategy in bittrex chartTP1 345 $ (short term trader)
TP2 395 $
stop-sell below 310
RSI is going up.
We should pay attention to DMI crossing signal.
Bitcoin Cash (Ascent stages) - 04/10/2017Bitcoin Cash Chart ..
When BCH exit the monthly trend (Above the Trend1 month 4).. will fly
#BCH
./Matrix