Straggler or Striker ? ... hoping not a failure 2k19 :)all is mentioned in graph ( can be long term or neutral )
1. striker in case 2k19 brings some blessings :) .. Augmenting Profits !
2. Straggler some gifts are awaiting ... descent profits though
3. Failure , long pending .. A lot of patients would be required ..
Rules!
Never risk more than your affordability
close deals in case reversal is confirmed at lose of 2-5 percents max.. coz losing emotionally is stupidity!!
Most coins follow same patterns within same time usually ..
Have a Good 2k19 :)
"fingers crossed"
Bchabc
Bitcoin Cash to $430 by the end of the January 2019?This chart shows two possible paths for Bitcoin Cash (ABC). One bullish and one bearish, both completing at $430. Let's see what happens! :)
COINBASE/KRAKEN-FRAUD-INVESTORS RALLYThis post is for the exchanges who labeled BCHABC as BCH...
I'm creating this idea to rally investors so that their voices are heard in regards to Coinbase's and Kraken's premature decision to label BCHABC as BCH which have caused losses to investors.
Exchanges have absolutely no excuse for labeling BCHABC as BCH. They have been in the crypto community for awhile and should understand how blockchains operate.
They knew BCHABC did not decisively win miners hash.
They knew the hash war would not be 'won' in hours or days.
They knew labeling BCHABC as BCH was not in the best interest of investors.
Coinbase HAS NOT given any CLEAR information in regards to WHY they labeled BCHABC as BCH.
Coinbase HAS NOT given any detailed information regarding their customers respective BCHSV tokens.
This is not acceptable from a so called, 'leading exchange'.
PLEASE LIKE & SHARE IF YOU AGREE! LET YOUR VOICE BE HEARD!
-AB
Please visit the articles for further analysis...
Any exchange selling BCHABC as “BCH” is engaging in an extremely dangerous pump and dump fraud. Here is why.
The take home message, if you came so far, is to steer clear of exchanges that try to sell ABC as “BCH” as ABC is extremely unstable and not comparable to your BCH holdings. In fact all stable BCH miners are committed to mining BCH with the SV protocol and consider ABC an attack on BCH.
This death spiral is the most likely scenario for ABC because it relies on BABV, which is extremely unstable hash that can disappear any time if the pool operators cannot afford anymore to subsidise it.
So how does ABC save itself? The short answer is that BCHABC is doomed because the only way for BCHABC to be saved is for committed BCH miners (CBSM) to flip on ABC.
Sources:
medium.com
coingeek.com
----------------
Death Watch
COINBASE:BCHUSD KRAKEN:BCHUSD
BCHABC - Rounding out its right shoulder, IHS in playBCH is continuing to look strong after that massive pump several weeks ago. I posted on a possible inverse head and shoulders pattern coming into play and that is exactly the scenario we have here. BCH has formed a right shoulder which is starting to look more bullish. The MACD is also beginning to curve upward. As long as Bitcoin remains bullish, I think you can expect BCH to test the neckline and more over the next couple weeks.
BCHABC - IHS/Bullish Continuation Pattern, Get Ready!BCHABC is looking great after its massive breakout several days ago. On the hourly chart, you can see the MACD has found support at the zero line and the price action has formed a bullish pennant. This is also the right shoulder of an inverse head and shoulders pattern. If BCH continues to the upside out of this pennant and through the pink neckline, we could have a target of .085.
BCHABC: Will is ever recover?Let's go straight to the bottom line, in my opinion NO. This kind of assets just don't deserve you attention even.
Just a 17 month with not enough data for deep analysis. After ATH just a long decline in the price.
Weekly MA show weak momentum:
At that point, it might RIP soon...
Why did......I have to type in the letters 'BCHABCB-' to look at more of this absurd PA.
The BCH saga may be the the most complex, yet ridiculously petty large scale crypto-fuckfest to date. Yes that gets a hyphen.
BCHABCBTC...fuck. Just what the fuck.
Who the fuck cares where either of these garbage chains are going. Maybe it's a double bottom, or the first dead cat; but more importantly: Who in the f u c k cares.
BCHABC: Bitcoin Cash ABC Descending Channel 50% !!BCHABC Trade Setup Buy Around 0.037000 and Sell 0.055000
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
BCHABC Flag + Three Drives + Impulse BreakthroughAt the 3-hours timeframe chart it can be seen that a recently formed flag contains Bullish Three drives pattern.
The three-drive pattern is a lot like the ABCD pattern except that it has three legs (now known as drives) and two corrections or retracements (they can be seen in the beginning and in the end of the pattern)
In fact, this three-drive pattern is the ancestor of the Elliott Wave pattern.
As usual, you’ll need your hawk eyes, the Fibonacci tool, and a smidge of patience on this one. To make your life easier we draw it for you :)
Coming back to the analysis. After consolidation to the middle of Ichimoku clouds zone the price started Impulse wave movement and as usual when 2-3 move lies at the edge of the Flag there should be impulsive breakthrough.
Indicators are neutral, however at the short term timeframe they are bullish. Ichi clouds zone acts like a strong support
Special SALE and Coupon offer has started. We wish you a Merry Christmas and a Happy New Year.
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SkyRock Signals
BCHABC looking for violent moveBCH forming one of the biggest bullish pennant on daily.
My Elliot wave final target lies at 0.09 which is also pennant measured move.
Stop loss is must here because on pattern failure it will dump hard!!!
.
If you have specific question u can join my TG group for this trade specifics.
Proceed with cautionUpdate from last analysis:
We didn't get the confirmation we want after that huge shooting star candle, but...
make no mistake, we barely retrace to 0.382 ($174), which is only wave A.
Now we're in a continuation pattern (symmetrical triangle, wave B) that could break to either side.
Considering BCH also rely on BTC's movement, I'm leaning more to the downside , which mark wave C.
Please proceed with caution!
Bitcoin Cash (BCHZ18) Imminent Breakout (Up or Down?)BCHZ18 is looking to breakout soon, according to the pattern we see on the chart above.
This is a symmetrical triangle and its a pattern that can broke either way.
Seeing that trading volume is decreasing and price action is being compressed a breakout will happen soon.
A break-up can lead BCHz18 straight to 0.0521 followed by 0.0546 if the first resistance can be broken.
A break to the downside, you can expect BCHZ18 to find support at 0.0448 (EMA300).
This is a neutral analysis... HIT LIKE TO SHOW YOUR SUPPORT.
Namaste.
A mild suggestion.It might be ready to take a lil pause.
Just a little pause. No big deal.
.....if this just keeps ripping upward I'ln never chart it again.
n o t a d v i c e .
Bitcoin Cash (ABC) Morning Star (Learning)Here is the " Morning Star " bullish pattern.
"A morning star candlestick pattern is seen by technical analysts as a bullish sign following a downward trend. The pattern consists of three candles" .
I've been watching Bitcoin Cash (BCHZ18) closely on BitMEX, and this pattern came up as price went down. As soon as I saw it, I opened a position which is now in huge profits.
This post is shared for learning purposes. This is no trade advice.
If you found this article useful, please hit LIKE for more.
Thanks a lot for reading.
Namaste.
How today put me on the sidelinesThose of us in the crypto community investment world face unique , often unpredictable challenges .
Divergent press. Entities such as C.C.N. and Nulltx, and others who when the market is up start spamming tradeview with negative bias, and when it's down make public the often absurdly laughable predictions of riches. The people who own and control the press represent big money , and big money comes with incessant greed. They will publish stories simply to try to buy in cheaper, at your expense. If only divergent press were bullish like the klinger.
2. Crypto as an asset, yet with a forex aspect. Today I was doing well. Made a few here and there off some unexpected price trends, like BCH- who ever thought THAT would happen?? But primarily I was into XRP today. We all know that various exchanges couple currencies. It is the oft used complaint about how Bitcoin pulls the market , but today it did so in an insidious fashion.
Nothing moves like crypto , and if you re here , you likely have some belief in the future of money being digital. Today defied almost every metric as I watched in horror as the price of XRP plummeted , with only one metric showing it would do so. EASE of movement, exponential. It bottomed out as the price of XRP rose against Bitcoin , which also rose. At some point the Forex factor came into play. In reverse though; XRP's gain against BTC , combined with positive BTC activity brought it tumbling down. When a gain on another currency causes a drop vs. fiat things get confusing.
3. Why the forex factor?? I use a variety of exchanges on tradeview to measure price , as well as the metrics offered by the exchange I happen to be on that day. I seem destined to learn the hard way. The prices began to fall in a way that made no sense. The order books were getting washed , with the prices of XRP dropping so quickly it was hard to sell in time. A later look showed what should have been a positive for XRP , a gain in value against BTC. Herein is another problem with coupling. An opportunity for arbitrage set in at one point, and with the price of BTC on the rise , people were dumping their XRP in the one place I didn't look - XRP-BTC.
4. We aren't just holding commodities , there is a forex element in play here , and Forex is the one thing I can think of as more volatile than crypto. Even now, XRP is down from what looked like a promising rally. You can have 7 , 8 different metrics on your screen , measures of volatility , AXM/DMS , Elder Ray , Fractal Chaos - what ever floats your boat , but the only one that gave warning as to what was about to happen was EASE of movement. Set to exponential , it really works, and it nosedived just prior to the price. When what seemed to be a recovery from rock bottom turned into what seemed like a nightmare with no end in sight - long , red bars on tradeview stopping for nothing and nobody , panic ensued.
5. I am not a financial advisor , and have learned my lessons the hard way. One does NOT HODL. Not if you want to retain risk capital. Using market order is a ripoff , just as instant is , yet the velocity of the downturn made executing the sale from tradeview nearly impossible.
6. This market has NOT yet seen it's bottom , contrary to what the press would like you to believe. Certain currencies may have , others may become worthless. On a day like today , crypto feels like playing with dice.
7. Coinbase has now coupled and added several currencies. Coinbase has a dubious history. In times past a coinbase listing was a "pump," later it became more of a dump, but one of the worlds most popular platforms has coupled currencies that they hadn't before. Claiming to own so much BTC and LTC , one can see where that influence plays a part.
8 I apologize for urging people not to panic. I am not urging you to go ahead and do so , and I am no financial advisor , but I firmly believe that crypto is now the equivalent of an online casino.
With the additional couplings come a whole new set of parameters , and it is not just coinbase that I speak of. You are engaging in a form of forex now with only one advantage, you wont lose more than you put in. Unless of course you margin trade - and good luck with that.
9. Cryptocurrency is becoming increasingly centralized. That is just plain obvious , and if you dont think so , read the coinbase headline. Look at the consolidation of mining power and pools, with so many lost to the bear market of 2018 , we face that threat as well as the Banks goal of Fractional Reserve Centralized Cryptocurrency. They will even tell you that we NEED it. Most terrible things are sold to us in the service of convenience , yet turn out to be anything but. The IMF , World bank etc. are all salivating at the eventual goal of globalization , and if you are reading this , your using the technology that threatens to bring us down. The internet of places and things is quickly becoming the internet of money.
10. Crypto faces state level sanctions. Do you believe that Iran and other countries levied with financial sanctions will be permitted to simply skirt by them using crypto?? Don't drink that batch of Kool-Aid.
I think the only way to win at this point is shorting , and carefully hedging your bets , because thats what they are - bets. If you want to see a 10 or 20 percent return on the lucky crypto of the day , you had best keep a close watch on that screen , and a stop loss that covers your fee's.
Caveat emptor.