2018: THE YEAR OF ETHEREUM linked below. Bitcoin Cash to gain 15%-20% total market dominance in 2019. Comparing Ripple 2013-2015 to BCH 2017-2019: 2013: Ripple created 2014: Ripple 2% dominance: ibb.co 2015: Ripple EXPLODES to 15%-20% dominance: ibb.co 2017: Bitcoin Cash created 2018: Bitcoin Cash 2% dominance: ibb.co 2019: Bitcoin Cash EXPLODES to 15%-20%...
This is still potentially a bit early as price is resting under the .051 area which seems to be an important resistance and support area , but BCH has held up pretty well. It is still fighting with the .051 area. It has had a few spikes through, but fallen back below each time. Although it is currently under this area, I think there is the potential this can go...
I couldn't help but get a little giddy after looking at BCH's daily MACD this morning. So I gave the chart a closer look and here is what I found. (**I'm using the BCHXBT chart from Kraken for a more complete price history.) DOWNSIDE ARGUMENT BCH has this repeating fractal after a large pump which it has completed five times before. The current price action is...
RED ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market ====================== My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the...
Zones are identified. Recommend moving stoploss to entry after tp1. You should also consider to stop this trade if a breakout occurs on the downtrend line. BCHM19 futures contract can be traded according to this trade setup.
We are looking at Bitcoin Cash (BCHM19) and can notice a similar pattern compared to its last bullish wave. Easy to notice on the chart, we have two broadening falling wedges (purple dashed arrows) wherein both cases a low was hit followed by higher lows before a breakout. There is no more volume for the bears and the RSI and MACD also support a move to the...
BCH trapped in a triangle since its inception, RSI shows its trying to get out of the triangle in a month or two. We have to keep in mind that BCH doesn't have any value, its price movement almost entirely depend on BTC. When it broke out of triangle in December 2018 a narrow channel started(showed in dark lines), a possible move can lead to test the wall of...
Commodity : BITCOIN CASH ABC Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point. Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-2 weeks Investment in trade : 3% of the total Trading Balance....
One of my friends called SV delisting as "mental orgasm" I totally agree with that. Bastards responsible for BTC dump from 6k to nearly 3k, that rekt so many good traders, are now rekt themselves. RIP BCH SV. So what it brings to ABC? First of all money from SV went directly into ABC and pumped the price by 10%. As SV will slowly be delisted by other exchanges,...
Bitcoin Cash - BCH (BCHABC) pullback 115% about 2 days ago. D/ 4H - BCH correct to about zone: $284 ~ $300 forecast Price move above support level at $223. Not good for buy now ($315), but wait new trend clearly. (1) A positive situation, BCH will target: 361.61 430.51 504.93 (2) or not BCH will correct and price move zone: $224 ~ $284 Stop loss: under...
Currently following this pattern using the fib lines on 12 hour for targets.
symmetrical triangle continuation pattern
RED ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market
Bitcoin Cash is a scam project that divides the community and works against the future, but we are traders, so there is nothing wrong in buying low and selling high, even if you trade shit like this. Just remember that ABC grows only when Bitcoin does as it has no value on its own. Buy zone: ~340 - 350 Targets 360 - 370 - 385 - 400 (move stop loss below these...
Looking at the daily chart for BCH, you can see the massive falling wedge that goes back to the beginning of BCH back in August of 2017. Using the wedge heights to predict our target price, we have the potential for a 8-9x gain here if either target is hit. Most exchanges have converted to a BCHABC chart which lacks all of BCH's previous price action history, so...