BCCUSDT
Bitcoin Cash Update ($BTC pair)Update:
Bcash, Bitcoin Cash, etc. is consolidating against BTC, with Bbands tightening and price approaching the end of a triangle on the 4 hour.
Price just attempted to break above the 200EMA and was rejected after a bearish crossover previously. Price still currently sitting under TK as well.
Whether we continue upwards or not, I think a dip below trendline is likely to stop out any positions before a move upwards (head fake), or the downtrend continues closer to support around 0.1 - Either way, have strong hands or a tight stop before going long. Below are a collection of my thoughts on it currently:
Bull case:
- Holding up against USD
- Consolidating
- Still sitting above trendline
- BTC difficulty adjustment in 2 days (when Roger Ver decided to pump $BCH previously)
- Cloud thinning
- BCH add to Bitstamp tomorrow
Neutral:
- Bbands squeezing
Bear Case:
- "Death Cross" over 200 EMA
- Under cloud, bearish tk cross
- Resting on trendline, ready to break below
- BTC starting to look bullish again
Will update idea after break either up or down. You can find link to BCH/USD idea below.
Bitcoin Cash Update (USD pair)Update:
Bcash, Bitcoin Cash, etc. is consolidating against USD as well as BTC, with Bbands tightening and price approaching the end of a triangle on the 4 hour.
On the USD, price bounced off the 200 EMA previously in late november, as well as currently holding a bounce off the Kijun Sen in the past day or so. There was also just a bullish TK cross as well as price breaking into the cloud, and a bullish kumo twist.
Bitcoin Cash paints a far more bullish picture on the USD pair than the BTC pair - normally, I think that USD pairs are more important for top tier alts (Ethereum, Litecoin, etc.) however given the driving forces behind $BCH and the bitcoin community's view of BCH I think it's important to factor in the BTC pair as well, which I've included below. I'm hodlin for the moment, but may reduce my exposure slightly if the BCH/BTC pair breaks below trendline and fails to bounce.
Bull case:
- Consolidating
- Still sitting above trendline
- Break into the cloud w/ bullish TK cross
- BTC difficulty adjustment in 2 days (when Roger Ver decided to pump $BCH previously)
- Bullish Kumo twist (future cloud green)
- BCH add to Bitstamp tomorrow
Neutral:
- Bbands squeezing
Bear Case:
- BTC starting to look bullish again, which may push alts down again, even against USD.
- See BTC pair idea for more complete bear case.
Will update idea after break either up or down. You can find link to BCH/BTC idea below.
BCC/BCH-USDT1d, 12h, 2h, 1h RSI looks good
6h, 4h,3h RSI tries to reverse
It also seems to be forming a head and shoulders or a cup and handle.
It surely tries to break the old resistance(blue line).
Also, it is above the green Ichimoku cloud on 1h.
It may do an all time high, but also might sell into older resistance areas.
Overall feeling is that nobody really wants that BCC to go up and.
This might take a wile until it happen, maybe we need BTC to stop pumping for this to happen.
BCC Between reality and illusionAfter the uproar about BCH, is he has a future?!
when price starts at $1 be sure he want to reach $10
so BCH get hist try to be next one and now that is the time to approve that.
this correction Necessary after this Running.
so be sure, u will be there after this correction will be done.
bounces well from fib 0.78
buy zone
between 0.11/0.08
Sl= 0.043
target=0.23/0.38/0.5 / 1 BTC
capital management is recommended
we ask Allah reconcile and repay
check usdt charts here
BCCUSDT (BITTREX): 'A Daytrade Predicament'Testing a simple analysis for its accuracy. It seems that it will bounce, according to the movement of the moving averages and the support and resistance lines and trend lines. According to this I have made a sketch of the situation. Its accuracy isn't necessarily accurate. Feedback is very welcome, thank you.
Bitcoin Cash Entry LevelThe trading idea is based on a breakout above the downtrend line and the previous swing high. If the market rises above 1600.00 level, it will be a signal confirming further upward movement. MACD lines give a bullish signal. DMI allows opening long trades. We can join to the uptrend placing buy orders at 1600.00 level. Stop orders must be placed below 1500.00 support level. Profit targets are 1750.00 and 2000.00 resistance levels.
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.
Bitcoin Cash Volatility BreakoutThe trading idea is based on a volatility breakout. Now the price moves in narrow range between 1250.00 and 1130.00 levels. MACD lines stay at the signal level and it's an additional confirmation of range market conditions. We should be ready to see a breakout above or below the borders. It will give us a new trading opportunity. As we can make profit only from buying, we should place pending orders above 1250.00 resistance level. Entry level is 1260.00 with stop at 1120.00 level. Profit targets are 1400.00 and 1600.00 levels.
Bcash vs LTCUSDObservation that LTCUSD has been following an anti-pattern to Bcash since the pump and dump of Bcash. interesting indicator to follow moving forward for LTC price action. I say LTC action because it seems that Bcash moves first and the LTC becomes a hedge of sorts. Interested in your thoughts and shares.
BCC last dying throesBitcoin Cash has already tested the Goober Block twice. Won't be long until it fails, at which point Bitcoin will continue it's upward trajectory.
BCC last dying throesBitcoin Cash has already tested the Goober Block twice. Won't be long until it fails, at which point Bitcoin will continue it's upward trajectory.
Bitcoin Cash One More TimeIf you are a fan of Bitcoin Cash and see great potential in this "altcoin". If you don't care that any long trade can be closed by stop because of unstable market conditions. If you want to become a rich guy and do it very quickly (it's a joke). This trading idea is for you. Like in the previous trading idea we got a price reversal from one of Moving Averages. This time it was SMA100 which is stronger as a support line than SMA50. RSI confirmed price reversal. MACD supported upward movement and DMI also was goign to give a bullish signal. We could trade based on a reversal signal. But more safe variant is to use a breakout signal. The market made a new swing high and it can be used for placing orders for buy. Also if the price breaks the downtrend line and this high, it will be an additional confirmation of further upward movement. It will be a new trading opportunity. Entry level is 1545.00 with stop below the local swing low at 950.00 level. Profit targets are 2000.00 and 2500.00 levels. Of course if you believe in "To the Moon", the part of trade volume can be left for long run. Don't forget that the market is not stable and using stop orders is strongly recommended.
Bitcoin Cash Buy OpportunityCommenting the situation with Bitcoin Cash, I can tell you following. I think Bitcoin Cash is a useless altcoin with shitcoin level. I don't believe in this market. I don't trust this market. I think that Bitcoin Cash's real value is much lower than 1000.00 USD and the market can drop to it in short term. It's just only my opinion. But if you like adventures, this market is for you. Here is a buy opportunity. The price is going to bounce from the support zone formed by the uptrend line and SMA50. RSI confirms price reversal and MACD histogram is going to support possible upward movement. Pending orders for buy can be placed at 1510.00 level with stop orders at 1100.00 level. Profit targets are 2000.00 and 2450.00 levels. Using stop-loss orders is strongly recommended.
P.S. Bitcoin is The Real King! Good luck )
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.
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
BCC/USDT BTRXIt seems we are in elliot wave 4.
It could touch the trend line again and after that start the wave 5.
Check my signature for buy and sell zones