BCCUSD
BCC 4 HOUR TIMEFRAME Set Auto buys at $250BTC is still bearish despite the stability. Now that we have our dates and no more surprise FUD, we can better calculate the next fall. Los Angeles 4:31PM
I would set my buys at the 1.618 level ($250) if BTC decides to fall from its current price $3660. If RSI passes the 50 mark we can see a break of the current trend and form a new uptrend.
With all the btc fallout I would buy bcc with cash. bcc/usdt - Bittrex.
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. :-)
BITCOIN CASH has a reasonable buy set-upBitcoin cash has had a great bullish cycle, and has more recently been consolidating the bullish impulse. I think we are now working towards completing a consolidation and are beginning to see volume levels not seen before in bitcoin cash. I think this volume drives us up, but I won't completely write off the bear-side as the entire crypto market tends to move in tandem and BTC looks top-ish.
If you would like to go long now, place stops around $450 for target profits beyond the $950 high
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.
Bitcoin Cash divergences. Possibly long opportunity there are some divergences,
But DIVERGENCE IS NOT EVERYTHING.
It should break down trend line to open long position.
Once it breaks, we can expect 944 and even 1200 level
BItcoin Cash FLAG / Pennant PatternON the 60 minute chart of Bitcoin Cash we see a long consolidation pennant / flag pattern coming to a head.
The 200 day moving average is sloping up, and the closer it gets, the more pressure we get for a bounce. Remember, stocks like to bounce off of moving averages.
If price can pierce and traverse the Ichimoku Cloud , then we could get a really big run here.
The longer the consolidations, the bigger the runs and more violent the breakouts, and this has been consolidating since that massive shred on the 19th of August.
ENTRY: .17 Breakout of flag pattern and break through cloud
STOP: .15 under Flag pattern
Target: .20 round number after 25% gain
ETH: Starting to reveal itselfI think we can all see what Ethereum is about to do. This is my outlook. I am expecting a run up to 400 very soon.
Trade with care.
BCCBTC: Potential to go higherThis pair has just broken the descending triangle in a very aggressive bull move. I am projecting it to go a little higher. BCC has only been on the market since this month and a lot of movement has happened. I will not be surprise if it goes even higher than what I indicated.
Trade with care.
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:
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BCC back on track?So, after a wild start BCC settled down. Possibly ready for a new move
As long as RSI rests above the green line, BCC is "safe"
Bullish trend confirmation is when MACD crosses above red line
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. :-)
BCHUSD Bitcoin cash getting ready to explode...Inverted Head and Shoulder pattern created on BCHUSD ...
