Looks like we're seeing a slow upmove trying to occur, but it keeps getting knocked down. Next big resistance is at the $1400 mark but if we break through it, it will become support for a move up to $1600. This is dependent, however, on the stability and/or appreciation of BTC as the BCH:BTC ratio is highly important in confirming and causing a move upwards for BCH.
entry between $1300-$1400 is good. this is not a "buy now, sell in 2 hours" the run to $1638 may be more of a crawl, but we are going there. Last night we saw multiple wicks below $1300 but that is an indicator of strong momentum, a proper correction would have sent us lower to $1000-$1100. A good indicator of when to buy is the Stoch RSI cross at the low point,...
entry between 1400-1467 is good watch out of retracement around 1556, if it breaks that we will see 1600 but not for long either, then back down to 1500
Do not think that we are overextended here, BTC has gargantuan potential and to understand it you must think of it in the macro sense. The entire month of march was a retrace for all of 2017, we wont be seeing that again.
Recently ripple has seen a rebirth with investors now trying to get their hands on some. During the downtrend, there have been many instances that should have drove ripples price up but failed to do so because of the overwhelming downwards pressure from Bitcoin. We will see XRP surpass the $1 mark very soon, anywhere from $.79-.92 is a good entry point in my...
With the introduction of 32mb blocks, BCH will become an incredibly sought after coin by investors and users alike. Do not give in to the FUD regarding Bitcoin Cash perpetuated by BTC loyalists; near non-existent transaction fees make BCH superior for p2p transacations as Satoshi intended. I expect the ratio of BCH:BTC to become much lower than it is now. Good...