Hey Everyone, BCH has survived the stress test with flying colours! Nice to see the transactions flying through... So what next for BCH? There are 2 distinct pathways right now, we are currently sitting at the C wave end, and if this is the pattern then we will retest the last bottom in the next few days. If we are in a 5 wave impulse, we should continue to...
Hey Everyone, Happy Monday from where I am here in Bangkok, currently! Looking at BCH, I haven't added my Elliott Waves to this chart, but have decided to go with some move traditional charting and super easy with Crypto. Crypto LOVES LOVES LOVES triangles, it thrives on them, it is a key part of trading and simple to use. All you need to do is draw support...
#BitcoinCash I think the latest support will be strong and the likelihood of maintaining it is great So what do you think?
Easy to read chart, no extensive deduction here Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
o As reported last week, accusations have reached FCoin founder Zhang Jian, for orchestrating a series of Sybil attacks to drive traffic to the FCoin exchange. The Sybil attack caused an increase in Ethereum transaction fees and created congestion on the network. A reddit user has posted its analysis of what took place and is calling for individuals to join...
Let's get right to what's going on, in bullet format! 1. BCH has hit this double bottom area and bounced off of it. 2. MACD has crossed up on the daily 3. RSI broken out of this downward trendline. 4. It hit the previous resistance point/ema and moved off of it and is consolidating It appears we are going to get a move up, but how far we go is the question? BTC...
o Cryptocurrency exchange Huobi Pro will be ending its trading services to Japanese investors starting next month. The suspension will take place July 2nd. Huobi Pro is currently the third largest cryptocurrency exchange by trading volume. The cryptocurrency exchange does not have a license with Japan’s Financial Services Authority (FSA). Web traffic tracking site...
Short Sell: 920$ Stop: 1050$ Target: 710$ Term 4-7 days
Looks like a mini fractal is playing out. If you look at a smaller timeframe 1hr, 4hr, it looks like BCH is looking for a bullish continuation on an equilibrium pattern. I'm guessing this will take us to about 1500, at which point we the rest of the fractal will play out and take us back to the blue line. Let me know your thoughts! Short term long. Medium...
Looks like a mini fractal is playing out. If you look at a smaller timeframe 1hr, 4hr, it looks like BCH is looking for a bullish continuation on an equilibrium pattern. I'm guessing this will take us to about 1500, at which point we the rest of the fractal will play out and take us back to the blue line. Let me know your thoughts!
New trading suggestion: *The price is in a range bound and we forecast the uptrend would resume. *There is still a possibility of temporary retracement to suggested support line (832.10). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: There is no trend in the market and the price is in a range...
Beautiful pattern emerging with Bitcoin Cash Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
The rolling three-day signal for Bitcoin Cash (BCH) is "Don't Own". This is day one of the three-day signal. The signal will be updated again Friday. For further details or discussion, feel free to leave any questions or check out signature/profile.
Bitcoin Cash is one of the coins in the last days/weeks which had a strong movement. Why? Because of the hard fork at the 15th of May. People are expecting a huge jump in the next 2/3 days. But I see the possibility of people selling or holding. Together with the uncertainity of how Bitcoin will behave the next two days (see my last Bitcoin chart to see what I...
New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. * But there is still possibility of temporary retracement to suggested support line (1292.20), if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 1292.20 is not broken, the Midterm wave...
Key points Bitcoin cash price began to move down after it traded above $1834 against the US dollar. On the hourly chart of the pair BCH / USD (data from Bitstamp) there is a key line of the bullish trend with support at $1610. The pair is currently testing a large support zone of about $1640, which could lose losses in the short term. The cost of...
BoOm-time!