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BCHABCBTC

Bitcoin Cash's Massive Falling Wedge (8-9x ROI Potential)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 this may go unseen by many. BCH is almost 20x off its all-time high and it is no stranger to massive pumps. If the price can break overhead resistance, just buy and hodl. I am going to BUY ON THE BREAKOUT. Why? Well this resistance has rejected the price 5 times before minus the Nov 2017 pump. The MACD is a starting to capitulate at the zero line. If the price can't break through resistance, it may send the price down (possibly way down). I am secretly hoping for this so the gains are even greater upon breakout. Let's see what happens!
by jpbrown1023
1
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
3
Bitcoin Cash Is BitMEX Ready - LONG Possible (155% ROE Possible)We've hit the .786 (0.0351) fib. retrace zone and received several signals that confirm a possible completion of this retrace. A dragon fly doji with above average volume showed up, plus the RSI is coming out of oversold. We see the same MA200 working as resistance here, as soon as this black line can be broken, expect our targets to be reached. All details are on the chart. Targets and stop loss. P.S. This is not a piece of trade advice. My trades contain all of the details needed to trade, buy-in, stop loss, targets, etc. So if you want to see a full trade for BCHH19, please show your support. Thanks a lot for reading. Namaste.
BLong
by AlanSantana
15
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
1
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
BLong
by parkhyunsung
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. Best wishes, SkyRock Signals
BLong
by Skyrexio
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.
Education
by AlanSantana
12