After Poloniex credited BCC / BCH to its users and nothing major happened, the market is now ready for some movement. The fear of Bitcoin Cash going down in price after another large exchange lists it is seen as the reason why it was in a rather long consolidation phase. The chart shows that the price has remained withing a certain range and is now reaching a...
As you see in the last chart ( BCHUSD-15-Until-8-8-240-USD-than-2-ways-poss-65-or-440-USD/ ), Cryptos are "Fibo business" (Fibo Areas). Now we are in an new phase with BCH. The steam is out, but Fibo is still important. We need to interpret fibo in a different way. So i see two possible szenarios: more up to 520 USD or down to 230 USD further down. Currently I...
This is a 5th wave scalp, I am posting because the structure looks clear.
I wont be trading this, I missed the big move from the bottom as I was AFK, but figured I'd drop a hint for anyone already trading BCHBTC.
If you get in or already are in and haven't locked in profits, be cautious if the 5th wave starts to develop, sometimes they don't even extend past the...
Bcash has gotten some legs on this reversal. Looks like we'll see a wave 5 here up to the support/resistance point of .16.
I would think we'll see this target by tonight or early tomorrow morning when I'm trying to sleep, but can't because I'm watching charts.
happy trading!
BCH has found a pretty solid support level around 200 USD, but is this the bottom? I honestly don't think so.
Holders of BCH have the only way to deposit and sell their BCH from cold wallets at the moment (ViaBtc). And this way is not very well-known so I believe many people are still waiting for the opportunity to sell their coins. Morover some of marketplaces...
I do not really see big impact of the BCC (BCH) on the general BTC trend. On August 8, I see a price for BCC (BCH) at about 250 USD. For a BCC (BCH) up to 450 USD, this means a Down at BTC to about 2,650 USD. In the case of a crash from BCC (BCH) to USD 50, this means than a BTC up to USD 3,050. These are all "normal" movements at BTC. So, the overall BTC trend is...
A pennant seems to be formed in LBCBTC. Further breakout is possible when pennant breaks to the upside (mind the oversold STOCH RSI). However, when pennant breaks to the downside, price may fall to around 13.7 - 14k, assuming it will bounce on the larger triangle we can see when zooming out on LBCBTC.
As you can see, the current price BITFINEX:BCHUSD is as of this writing 10% lower than Kraken KRAKEN:BCHUSD .
This is a good indicator to see a possible future price.
There is a lot of support for BITFINEX:BCHUSD KRAKEN:BCHUSD that many might not see. I can tell you now that my honest opinion is that we will see $450 and higher in the coming 1-4 weeks....
Cryptos are "Fibo-Business". In this way I have analyzed BCHUSD. It is to be treated with absolute caution. It is pure speculation. ;-) But the up and down has been strictly in accordance with fibo, so perhaps the future course according to the fibo-levels too. So, I currently see two scenarios from 8 August onwards. First of all a course around 240 USD until the...
You can all thank me later...
As soon as 20 blocks are mined, and people's deposits credit at Via BTC and other exchanges allow deposits this house of cards will melt down...at the same time boosting BTC.
Please sell all for BTC now.
