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Bitcoincash

We are Officially in a Bear Market | 2021-2023 (imo)Since as recent as early 2020 (a little over a year ago), we've seen MASSIVE gains in amounts of 1,000%+ In my opinion, I think it is time for Bitcoin to cool off for 1.5-2 years. Based off the OBV, RSI, and many other indicators we are seeing clear signs of a potential multi-year bear market. The OBV (for the first time since the last massive crash in April) had just recently (yesterday: 11/16/21) crossed below its local big support. The RSI on the daily and weekly time frames are showing clear bearish divergences. Fundamentally, we are seeing signals from the richest people in the world in regards to a potential hyper inflation scenario + "The Mother of all Crashes" that could potentially occur. Notably, Elon Musk is currently selling $TSLA stock like a mad man. In my opinion, I think it is pretty clear his social media posts were just an excuse to sell more "to pay his taxes", but really, because he may think we are going into a multi-year bear market, which will save him tens of billions (think about that...) Ultimately, this is an amazing opportunity for everyone, whether you are broke or you are Elon Musk, to accumulate as much wealth possible before the next bull cycle. In my opnion, I think the next bull cycle will begin in early 2023 and end in late 2025-early 2026. Good luck everyone and make sure to comment below your thoughts. If you disagree please let me know why. I am very curious to see why some people may be bullish right now. Best, Matthew Park
COINBASE:BTCUSDShort
by UnknownUnicorn9845168
8
BCH Elliott Wave Chart by CryptoKnee Looks like 640 held! At the moment, a potential Zig Zag down complete is possible, which would still fit with this count variant. A zig zag complete does not necessarily mean the correction is over, especially in a wave 4. So watching how this developes. Green done, yellow some more correction, red bad for short term bulls. Watching these support resistances which ever way it choses. Super bull, this is a 1,2 1,2. Bear this impulse, if completes, is a C of a ZZ.
COINBASE:BCHUSD
by CryptoKnee
BCH Breakout ✅ Done, it has potential to give us 10x profits!!Technical analysis: #BitcoinCash (Daily update) . Symmetrical Triangle Upside Breakout ✅ . BChUSDT is breakout confirmation done as well as trading above the both MA's (21 & 50- Day MA), and the beginning of parabolic uptrend is expected. . The RSI is also TRYING to breakout its downtrend, if it could happen which give momentum bch from here. Take Profits: TP1= @ $1000 TP2= @ $1621 TP3= @ $2650 TP4= @ $3166 and then it could really more then $4000 SL= below 500 usdt on daily closed bases 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #bitcoincash #crypto #nextmove #bullmarket #dailyclosed
Long
by Bitking786
2
BCH/USDT TA UPDATE! Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BCH update. BCH looks very strong. It is in accumulation from many days. Currently, It's hovering inside a big triangle where the breakout is still pending. Once it breaks the triangle it will pump huge. So I'm buying some here and adding more in dips. Entry range:- $530-$590 Target1:- $754 Target2:- $926 Target3:- $1100 Target4:- $1550 SL:- If any daily candle closes below $470. Note:- This is a spot call. Buy it and hold. If you like this idea then do appreciate it with like and follow. Also, share your views in the comment section. This isn't financial advice. DYOR before investing. Thank You!
Long
by CoreCrypto1
2