Z-CASH
BCC/USDTAs you can see we have a nice Ascending triangle forming on many of the charts thanks to our friend BTC.
There is a nice golden cross about to form on the MACD Hourly and OBV is looking not to bad.
As long as we stay above the yellow trend line I expect a breakout later today.
I have an entry set at 1165 and stop loss at 1153, keeping everything nice and tight.
Light always i'm by far a financial advisor and i recommend you do your own home work before throwing any money around.
Feel free to correct me if you disagree with my opinion, as always i'm here to learn and welcome your comments.
IRApTOIR
Bitcoin Cash: Breakout SetupA bullish Flag pattern is emerging in BCH. Break of 1150 will serve as the trigger.
It is support by:
Short-term uptrend
Reverse divergence pattern
A little sidways action would be bullish BTCUSD 4 HOUR 6/4I'd like to see consolidation and the rsi to reset, however maybe a push higher is in order in overbought territory before another correction back down to 7600?
Either would be fine with me. I think bitcoin is a solid hold to 7.2-7k again. If it dips that low.
This is not a recommendation to buy or sell. It is my opinion and should not be construed as trading advice.
Good luck!
BCH/USD by @SupernovaElite 16.05Great short opportunity. H&S pattern brokeout!
Use length of shoulder as conservative target.
Use length of head as aggressive target.
Don't forget about SL.
BCHUSD: attempting breakout. Long target 13 %BCH is just under the top of the hour cloud with nice support. We're right underneath a downtrend, a breakout of which will trigger a buy signal and the start of a potential move up to the upper 1300s
Target levels are:
1280
1320
1390
(1390 - 1230) / 1230 * 100 = 13 %
Btw the orange fractal is taken from the current BTC correction.
Happy days!
BCH/USD Short a corto plazoBuena posibilidad de corregir un poco y luego observar si el soporte va mantener o no la tendencia bajista; para el escenario alcista seria un buen comienzo una vez finalizado el dip al área de soporte azul.
Good possibility to correct a bit and then see if the support will keep the downtrend or not; for the bullish scenario it would be a good start once the dip to the blue support area is finished.
Bitcoin Cash -Rising wedge takes it to 1250 USDBitcoin Cash happens to be in the rising wedge formation + finished 5-wave cycle, I am awaiting a little rally upwards (possibly even to retest 1850 USD) and then C leg of the correction downwars. That should take us at least to 1250 USD and the mid-term trendline. If it can´t stop the dump, we can go even lower to long-term trendline :)
There is coming another piece of market correction now, so stay tuned! Please don´t forget to hit the like button if you agree.
Bitcoin Cash About To Take OffBitcoin Cash About To Take Off
Bitcoin Cash looks very strong again since his last run.
One reason for this could be the upcoming fork on May 15th.
You know the potential of what Bitcoin Cash has as soon as it shows a sign of strength.
Roger Ver will do a lot to make the coin fly like the last few times.
Once the correction is over and we break through the critical area the fun can begin.
You can find the first targets on the chart above.
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Bitcoin Cash - Longs vs ShortsThere are a lot of shorts to cover, let's see what happens in the next few weeks..
Bitcoin Cash Analysis [UPDATE 24-04-2018]I wouldn't call it a flippening just as yet, but we could see Bitcoin Cash reach half a Bitcoin in the near future if this pattern plays out.
From the initial break out pattern that also coincided with a falling wedge pattern, we have seen consecutive break out patterns on the smaller time frames that have provided opportunity to accumulate.
I am not part of the Bitcoin Core or Bitcoin Cash debate, I just like making money :)
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
BCHUSDBITSTAMP:BCHUSD started a very good bullish run in the past 14 days. If you look at the daily chart you see that the price reached resistance at 1500.00 and was rejected. We can see the yellow zone, lower point was resistance BITSTAMP:BCHUSD pushed through and will now act as a support at 1175.00 level. The price correction is in play for 2 days already. I think support at 1175.00 level will be strong enough to hold the price up. The whole market seems to be bullish and I think that it shows the real strength of bulls. Based on past days market signals, I think we should expect for further upward movement to 2000.00 level after this minor correction and if the market stays bullish.
Other option is that the BITSTAMP:BCHUSD support will not uphold the movement. If this happens, the price could drop at lower level. I think to at least 920.00 level. And from there on we will see new up movement. If 920.00 support can’t hold the market, the price could go even lower. Remember always tend to buy on supports and sell at resistances!
Please share your thoughts or tap like button if you like my idea!
Bitcoin Cash About To FlyBitcoin Cash looks very strong again since his last run.
One reason for this could be the upcoming fork on May 15th.
Once the correction is over, the fun can begin. It's very likely that Bitcoin Cash will have another sharp down move before it starts.
And you know the potential of what Bitcoin Cash has as soon as it shows a sign of strength. Roger Ver will do a lot to make the coin fly like the last few times.
Also, it is likely that we will see a new all time high. You can find the first targets on the chart above.