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Bchabc

Bitcoin Cash (BCHH19) 88%+ ROE Possible on 10X LeverageLong term Bitcoin Cash (BCHH19) is trading within a falling wedge, which is bullish in nature. Short term, BCHH19 is completing a retrace after a bullish breakout. We can see low bear volume on the retrace and several candlesticks that clearly shows a rejection of sellers. With price action going flat and starting to curve, I see an opportunity developing for a LONG move. All details can be seen on the chart. Hit LIKE if you want a full trade for BCHH19 with over 80% ROE profits potential. Thanks a lot for reading and continued support. Namaste.
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by AlanSantana
Falling Wedges Tend To Produce Violent Breakouts (50%+ PP)I am looking at the Bitcoin Cash ABC (BCHABCBTC) chart on the daily time frame. A bullish pattern is forming, the classic falling wedge. When a strong falling wedge shows up on the chart, a violent breakout tends to occur. Please take a look at the chart above, on the left side you can see the first falling wedge that formed from November to December. It produced a 130%+ profits breakout. Now another falling wedge is forming and a similar scenario can be expected once the breakout happens. I've marked the next support on the chart with my Fib. retracement tool and it is easy to see that BCHABC is reaching strong support. As its usual, bullish divergence is also showing up on the MACD. We can expect a strong breakout once BCHABCBTC breaks out of this wedge. Here is a phrase, to inspire you today... - THE BRIGHT MORNING DAY If at one point you are thinking of letting it all go... Because the fight has been too strong, your energy is low, and for the first time ever, you ponder on the thought of giving up. But you are smart, consistent, persistent and believe in Life, God and yourself. So before taking any action, you sit down to pray and meditate. A few minutes go by, and your energy starts again to build up. The thought of giving up is already gone... A new bright morning has inspired us all to try once more. The bright morning day... It doesn't matter how hard it is. It doesn't matter how long it takes. As long as there are more beautiful morning days ahead. I will keep on fighting and trying, to become a winner at the end of the day. Namaste.
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by AlanSantana
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BCHABC retrace to 0.035-0.036 Hi friends! Quick but accurate analysis on BCHABC! The time frame the technical analysis was based off of was on a 4 HR. Keep in mind that there is not much to go off of with BCHABC being that the chart is so new but what i can see is that we will have a 61.8 FIB retrace before moving up. I would say give it a few days to a week and retrace will have concluded. This is a coin i am going to be entering on leverage over at the BitMEX exchange. For those who are not trading on BitMEX have a look for yourself and check it out! If your interested in learning more about it you may click the twitter link in my account info that can direct you to my newly started discord community specifically for BitMEX traders. I also have roughly 20 students that i mentor on a daily basis. Thanks, LiquidMEX DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
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by SolStackz
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BCH (Bitcoin Cash ABC) Analysis with Elliot WavesHello Guys, BCH(Bitcoin Cash ABC) has started its downtrend wave since around 21st December 2018 and expected wave (5) to end soon with the ascending triangle pattern . The triangle pattern tends to break upward after playing 5 waves and now we might be in a potential 5th wave of the triangular pattern. If it were to hit the ceiling of the pattern that is approximately 175 USDT, and if it were to break out from the pattern approximately 200 dollars could play out. Other things to consider: 1.Ascending Triangle Pattern has a rate of roughly ~72.77% (i) chance of breaking upward. 2. I personally bought at the start of the wave (4) and got stopped out around 170 dollars. I am waiting to enter a position around this level to see how it plays out. If I do I will enter with a tight stop loss 1.5~2.5%. 3. Please consider that TAs could turn out wrong, and play against you and that is why it is very important to set up stop losses. Reference (i) samuraitradingacademy.com
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by parkhyunsung