From the perspective of time, it seems that miners coup failed to overthrow BTC king. Now them and the supporters may pay the price, the high price. In my opinion, BCH is going to lose with expectations gravity. Those who accidentally both above 2k USD may reach the conclusion that they have dead money and it will be better to sell and invest somewhere else. Going down below 1000USD could be a good signal to start the panic and run to the exits.
If Elliot wave theory would work here the smallest possible punishment (.61 Fib ext of wave A) would push the price to areas around 400USD, those more pessimistic would reduce the whole push upward or go to 0 what is rather not possible :). Some kind of BTC miners 'payback' is still possible like sell order without limit worth millions of USD - just to show force and seal the fate of BCH for the next weeks.
I try to play without emotions using only TA and algorithmics price signals which I share in this idea, I should stick to those rules but I thought that 800-900USD is way too much, reduced greatly, then bought again at 1000 USD minimal amount and sold last one at 2160 USD. Playing with emotionless algorithm would mean >30k USD plus in a few days, unfortunately, it is a way less.
Now the market is not tradable not even for shorting so I won't go long nor short for some time.
It can go up as well and I can be completely wrong. Unless I get my strategy emotionless signal I won't go short nor long.
If Elliot wave theory would work here the smallest possible punishment (.61 Fib ext of wave A) would push the price to areas around 400USD, those more pessimistic would reduce the whole push upward or go to 0 what is rather not possible :). Some kind of BTC miners 'payback' is still possible like sell order without limit worth millions of USD - just to show force and seal the fate of BCH for the next weeks.
I try to play without emotions using only TA and algorithmics price signals which I share in this idea, I should stick to those rules but I thought that 800-900USD is way too much, reduced greatly, then bought again at 1000 USD minimal amount and sold last one at 2160 USD. Playing with emotionless algorithm would mean >30k USD plus in a few days, unfortunately, it is a way less.
Now the market is not tradable not even for shorting so I won't go long nor short for some time.
It can go up as well and I can be completely wrong. Unless I get my strategy emotionless signal I won't go short nor long.