It looks like Bitcoin Cash has found itself a new trading channel.
I think December is promising for BCH next stage if it follows the trend outlined here. This is my optimistic outlook. My pessimistic one is that we have to wait until price drops to 600. Either way I think it's not a good time to take your eye off BCH. The last bull took off when BCH made contact with major support line. You can see Ichimoku is pushed outward...
Ignore time axis, pattern is important here. Just waiting for the price to go down before getting in. I hope XLM will take up a major place in my 2018 portfolio. Some stellar propaganda: www.forexnewsnow.com oracletimes.com
Today I read somewhere that exponential growth is nothing to worry about because if you log the graph things start to look linear. Well, what can you say to such wisdom ;-) I was wondering how high it can go. Maybe a better question is how long it can go. But people have been predicting Bitcoin's demise for years? Yes, they underestimated the sentiment behind...
green channel, could still break up or down or just keep on keeping on
Um yeah, looks like we did make it to a new level, which I totally missed unfortunately. It's so typical of me - I guess I'm just a theory guy :-) Anyway I think it's going to stick to this green channel maybe follow the red resistance down before going up. Personally I will try buying in around 1190-1180 Good luck
This coin's really got my attention iohk.io
Looks like we were just testing the water. This next run up could be a big one.
Will try and wait for retest, just sharing what I'm learning myself here www.google.gr
The recent BitcoinCash explosion 2500 euro made me think the next ATH for BitcoinCore could be higher than I previously thought. If we get the same kind of percentage growth that we saw from the last two bounce backs we could break 14,000 USD. Who knows? Maybe this time will be smaller as last dip was quite small compared to previous dips?
Just an idea, still waiting for new bull