BCH Distribution Phase EI've been trading off this 4hr BCH chart for a while now with great success.
Key distribution touch points are in place with a weak bounce confirmation of the SOW break being where I added to my short significantly. I took a measured risk with a small entry through the opening LPSY level, added at first test and again on the clear break of SOW.
Pros:
Distribution touch points present
SOW break is clean with a failed second test
Guppy support through colour change on key areas
Cons:
Sell volume not as strong as expected through the channels
Strong bounce at first test breaking higher than I would like from the SOW range
Bounce potentially incoming that will need to be monitored
I'm looking for more downside but the indicators show it may be due another bounce here. A break of the previous high would be a concern for me. It looks likely to fail based on previous weakness of Stoch RSI wedge breaks in the downtrend. My short trailing stops have been established as we continue. I'd be looking for a 0.12 target which has seen signification S/R before.
Bitcoincashtrading
BITCOIN CASH: NEW DEVELOPMENTS = 25.54% PROFIT!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 1st of May 2018 .
Using this buy in point and selling at today's price, you would have expected to net 25.54% PROFIT!!!
December 2017: GDAX reallows access to Bitcoin Cash trading.
February 7: Decentralized marketplace OpenBazaar has added support for bitcoin cash.
January 10: Cryptocurrency exchange startup Coinbase has blamed overwhelming demand from buyers for issues experienced during the launch of bitcoin cash trading on its GDAX exchange last month.
January 27: The developers behind Bitcoin ABC , a software implementation which accounts for 81.48% of all nodes running on the bitcoin cash network, have released a new update designed to solve an issue whereby users could lose funds when mixing up BTC and BCH addresses.
March 23: Chinese Exchange BitAsia supports 0 confirmation Bitcoin Cash transactions.
April 16: Bitcoin Cash announces Memo: An onchain social network built on Bitcoin Cash.
April 19: Bitcoin Cash announces Op-Codes and Scripting Capabilities Coming to Bitcoin Cash.
April 22: Bitpay Adds Bitcoin Cash Support to Checkout Point-of-Sale App
April 27: Bitcoin Cash's announces that next fork will add "larger block sizes" and "smart contracts".
May 4: Bitcoin Cash Opposers Scrap Lawsuit Against Bitcoin.com, Citing Lack Of Cash
May 4: A new on-chain social network based on Bitcoin Cash blockchain was launched this week. Blockpress allows people to create, share and, connect with each other without the involvement of intermediaries. The application, according to its team, has already shown great prospects despite still being in the testing phase.
May 8: Bitcoin Cash Fund partners with YeeCallApp to Bring BitcoinCash to 33 Million People in Asia.
May 9: Bitcoin Suisse announces the release of a new version of the “Online Trading Platform”, which now offers Ether (ETH) and Bitcoin Cash (BCH) in addition to Bitcoin (BTC)
These factors have together with the substantial increase in trading volume have led to Bitcoin Cash's' increase in price.
Bitcoin Cash Machine Learning 3-Day Crypto SignalThe rolling three-day signal for Bitcoin Cash (BCH) is "Buy". This is day two of the three-day signal. The signal will be updated and shared again on Sunday. For further details or discussion, feel free to leave any questions or check out signature/profile.
Bitcoin Cash Machine Learning 3-Day Crypto SignalThe rolling three-day signal for Bitcoin Cash (BTC) is "Buy". This is day two of the three-day signal. The signal will be updated and shared again on Thursday. For further details or discussion, feel free to leave any questions or check out signature/profile.
BitcoinCash target 2160 when it breaks 1260 (Fib 0.786%)I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought Bitcoin, Bitcoin Cash, Ethereum, XRP-Ripple, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for others every day! Bunny Token gave me good profit so far! I bought these in Pre-sale. I expect this is going to become huge!
Do you have some good tips for crypto coins? let me know!
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My strategy
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence.
How do I decide to open a position or not? First I analyse:
- Sentiment on the market
- Own created indicators
- Moving-averages and Bollinger-Bands
Trading means investing. Sometimes you lose more than you win in the beginning of a period!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
BCH USD UPDATE --- Nen STAR?Analyzing the chart that have published a few moments ago
I would like to add a new observation and its about a possible Nen STAR formation.
If the price bounce now, break the resistance in light blue and the black one, could be a clear signal of this pattern, which could lead the price to 2,519 USD.
Any comment, observation, feeback, suggestion or teaching will be apreciated.
This is only for educational use. This is not a trading advice.
Good trade.
-SG-
BitcoinCash probably will touch 405. Than long to 1200.Crypto currencies I don't trade as CFD's. Too much risk, mainly because they expire very soon every time. When you want to invest in crypto, I advise you to buy 'real coins' and not to speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for NEO now! But wait NEO to buy, because price looks to go to 30.00 first.
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What about my ' Cycle phenomenon' ? read here:
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators!
The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading!
My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility!
One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try!
How do I decide to open a position or not? First I analyse:
- sentiment on the market > are people in buy mode or short mode
- I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions.
- and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly.
- and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market!
- the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions.
And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period!
Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
BCH PLEASE10sma crosses above the 20sma
bullish macd
bullish rsi
higher highs higher lows
100sma positive
*DISCLAIMER*:
I am not a financial advisor nor am I giving financial advice.
I am sharing my biased opinion based on speculation.
You should not take my opinion as financial advice.
You should always do your research before making any investment.
You should also understand the risks of investing. This is all speculative based investing.
BitcoinCash at heavy resistance now Long to 1350 or short to 405BitcoinCash at heavy resistance now Long to 1350 or short to 405. Looks like a good moment to BUY!!
Crypto currencies I don't trade as CFD's. Too much risk, mainly because they expire very soon every time. When you want to invest in crypto, I advise you to buy 'real coins' and not to speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash and Ethereum!
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My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators!
The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading!
My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility!
One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try!
How do I decide to open a position or not? First I analyse:
- sentiment on the market > are people in buy mode or short mode
- I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions.
- and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly.
- and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market!
- the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions.
And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period!
Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best!
Like my analyses? don't forget to follow me, so you get updated when I post new ones. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
BitcoinCash perfect follows Fibonacci Building horizontal line?BitcoinCash is perfectly following the Fibonacci sequence. I see patterns which looks like the chart is building an horizontal line now?
Will this be a steady point? Fluctuations will continue between 950 and 1670. Every time when the resistances get broken, there is a change the price will go more long above 1670 or more short below 950, and following fibonacci sequence prices will be touched. Interesting! I am very curious what will happen coming months/years.
Crypto currencies I don't trade as CFD's. Too much risk, mainly because they expire very soon every time. When you want to invest in crypto, I advise you to buy 'real coins' and not to speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash and Ethernum!
-------------------------------------------------------------------------------------------------------------------------------------------
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators!
The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading!
My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility!
One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try!
How do I decide to open a position or not? First I analyse:
- sentiment on the market > are people in buy mode or short mode
- I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions.
- and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly.
- and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market!
- the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions.
And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period!
Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best!
Like my analyses? don't forget to follow me, so you get updated when I post new ones. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
Quantamize Machine Learning Crypto Signal Update Bitcoin Cash Quantamize proprietary Machine Learning algorithms have generated a 3-day "Don't Own" signal for Bitcoin Cash as of 3/9.
We will be updating and producing more signals today and posting performance as well - stay tuned!
Quantamize's machine learning algorithms produce signals on over 25+ cryptocurrencies with accuracy rates above 60%.
Any updates to this 3-Day forecast will be shared, as signals are re-run daily.
We will be rolling out this product for 25+ cryptocurrencies as well as 4+ crypto portfolios in the coming weeks. Our website is in the signature below or check out our profile (or simply Google 1.44% 1.37% 1.37% us). We are collecting emails to update users when we release our suite of cryptocurrency products - - sign up to receive an alert when the cryptocurrency products are released.
Bitcoincash/bitcoin -time for a huge candle?There is divergence, but at the same time instinct says the downtrend breakout has happened from the triangle..
I guess since the hammer formation is happening, at 0.786 level, i guess, further down side is covered, and an uptrend to 0.618 levels can be monitored...
Disclaimer.. not trading, just watching the situation unfold....
BCH/USD Leaning towards the bearish sidePosition: Leaning Bearish.
I am going to trade BCH because it made for a great trade last time it got clobbered. While I didn't trade it last time, I will look to scoop up smaller amounts on the way down in a martingale fashion. If you scooped up shares down to 800, you made a great ROI on the way back up, even if you got out at the 1200-1300 area.
Bear indicators:
1. MACD averages crossing down, but... still in positive territory.
2. RSI is in oversold territory and it's topped while showing signs od divergence
3. Hit it's massive trendline that has proved resilient.
For all of this to be confirmed, we need a break of that $1300 support level. It could very well break up, but we will at least go sideways for a little while.
Happy Trading
-Sherem
Excellent Long-Term Hunting Opportunity in BCHUSD, Don't miss itTrading suggestion:
Price is in the support zone (1688.65 to 1334.70), traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Beginning of entry zone (1688.65)
Ending of entry zone (1334.70)
Take Profit:
TP1= @2097.35
TP2= @2311.35
TP3= @2746.50
TP4= @2947.50
TP5= @3167.25
TP6= @4088.05
TP7= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. Relative strength index ( RSI ) is 40.
.Current short-term is range bound, but resumption of uptrend is expected.
Excellent Long-Term Hunting Opportunity in BCHBTC, Don't miss itTrading suggestion:
Price is in the support zone (0.1480 to 0.1336), traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of entry zone (0.1480)
.Ending of entry zone (0.1336)
Take Profits:
TP1= @0.1669
TP2= @0.1769
TP3= @0.2010
TP4= @0.2185
TP5= @0.2440
TP6= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. Relative strength index ( RSI ) is 43.
.Current short-term is range bound, but beginning of uptrend is expected.
Excellent Long-Term Hunting Opportunity in BCHUSD, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (1744.8 to 1334.7), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of entry zone (1744.8)
.Ending of entry zone (1334.7)
Take Profit:
TP1= @2183.70
TP2= @2311.35
TP3= @2767.30
TP4= @2947.50
TP5= @3167.25
TP6= @4088.05
TP7= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 41.
.Current short-term is range bound, but resumption of uptrend is expected.
Excellent Long-Term Hunting Opportunity in BCHBTC, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (0.1480 to 0.1336), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of entry zone (0.1480)
.Ending of entry zone (0.1336)
Take Profit:
TP1= @0.1669
TP2= @0.1769
TP3= @0.2010
TP4= @0.2185
TP5= @0.2440
TP6= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 46.
.Current short-term is range bound, but beginning of uptrend is expected.
BitcoinCash #BCCUSDT - possible downward correction?The price of BCCUSDT had completed the impulsive wave at the level of $4,198 and now is developung a complex corrective wave 2. There is clearly missing wave C of this correctiion. If the level of 2059 will not hold, then the implsive cycle to the downside might bring another leg down to the level of $1,810 and below.
Excellent Long-Term Hunting Opportunity in BCHBTC, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (0.15630 to 0.13355), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Take Profit:
TP1= @0.1669
TP2= @0.1960
TP3= @0.2105
TP4= @0.2185
TP5= @0.2440
TP6= @Free
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 51.
Current short-term is range bound, but beginning of uptrend is expected.
BCC looking to breakout to $5555Solid resistance that Bitcoin Cash keeps testing. But it's also got SOLID support movement upwards as well.
It's coming to a point of decision and I'm thinking it's going to break through the resistance.
Looking for a target of $5555 within 30 days!
Bitcoin Cash (BCH) Bull Flag/Breakout Buying SignalWe are beginning to build bullish buying signals...... It is bouncing off of double bottom support and breaking out of the bullish flag on rising volumes. All of the many channels are pointing nicely upwards. The upward curled 50 EMA (50 day moving average), RSI and MACD are all showing bullish signs. So all systems are go.
Research shows Bitcoin Cash (BCH) cost ONLY +/-1%
of what it cost to send Bitcoin (core) (BTC).
Bitcoin Cash is 100 times better "Medium of Exchange"
than Bitcoin (core) and is still valued less than 1/5th.
You do the math...
Basic economics for a crypto "currency" to succeed as a "medium of exchange" is that it must beat out the competition in cost, speed, reliability and security - with emphasis on COST. If noting else, I consider these well-thought-out reasons to at least hedge Bitcoin Core (BTC) bets with Bitcoin Cash (BCH/BCC).
Looks like lot's of upside there to me to me... ;)
On a somewhat funny side note: There is the lunar trading theory, AKA "Moon Theory", which says a Full Moon is the best time to buy and New Moon the best time to sell. Last night was Full Moon.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
Wishing you all Happy Holidays and
All the very best wishes of luck in your trading ;)
Excellent Long-Term Hunting Opportunity in BCHUSD, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (2285.90 to 2042.05), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Take Profit:
TP1= @2746.50
TP2= @2909.40
TP3= @3160.00
TP4= @4088.05
TP5= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 50.
.Current short-term is uptrend and continuation of uptrend is expected.
Excellent Long-Term Hunting Opportunity in BCHBTC, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (0.15630 to 0.13355), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Take Profit:
TP1= @0.1669
TP2= @0.1960
TP3= @0.2105
TP4= @0.2185
TP5= @0.2440
TP6= @Free
Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
.Relative strength index (RSI) is 55.
.Current short-term is range bound, but beginning of uptrend is expected.