By the look of it we may have a H&S "by the book". It would confirm by crossing the neck line, usually followed by a small correction then dumping as low the distance from the neck line to the highest point.
#BitcoinCash | $BCC $BCC looks Primed & Ready to RUN to $850! or atleast a double top. We entered this position too early, w/ a $100k average @ $578.34. I will be uploading updates on Twitter, so please follow me on there, in addition to on TradingView. The link can be found below:
Nose pattern/Double bottom in the support area. Longed the retest, stoploss below previous lows. 3:1 Risk reward
#BitcoinCash #SHORTS are about to meet their RECKONING!!
I see 5 Waves down, ALMOST complete 4 #BitcoinCash | $BCH $BCC!
Obvious Bullish Divergence spotted on #BitcoinCash | $BCC $BCH!
Lets make some money by shorting this garbage. Rsi has bearish divergence. TD sequential is about to hit a 9. You can use massive amount of leverage and use the top as a stop-loss. I'm not doing that. I shorted with a medium size position and will consider doubling down. If we get the same signals on a higher time frame. Like 12 hour. Never the less this is...
Inverse head and shoulders ABC wave still have a wave up if it bounces off very strong trend line
Everyone and his dog talking about 50% up on Bitcoin Cash based on speculation related to the upcoming fork… Great but if you are not long from 500 USD or below and you are trying to chase the price here it may end up badly ( simply it might be you turning the light off ;) ) Based on that chart we are in consolidation phase at best ( from beging of September )...
BCH/USD 640 680 700 720
Hey guys, You are more then welcome to follow me for more charts.
its not a normal rally......its for hardfork...so no short... just long till 15th nov
Here is a short term bitcoin cash setup
The ONLY reasonable TARGET | BULL RUN of 2018! | #BitcoinCash
We are on a strong upwards trend testing the upper resistance of a larger down trend. We are getting near the 15th November, date of the announced fork. Some days before traders are going to short it... therefor I draw a "short risk zone" with the upper resistances.
Hope, it is the quintessential human delusion, simultaneously the source of our greatest strength, and our greatest weakness. It is time to allow BCCBTC to retrace. Looking forward to your comments!