BCH/ETH seems to be finding support along a longer term support/resistance line. Could we see it play out like previous move to ATH
BCH/ETH falling below the Trendline Support (A) declining in price. If it falls below Trendline Support (B) it will continue to decline. Wait for BCH/ETH to form a higher low before buying in. A higher than previous price of above 1.47 ETH needs to be formed before determining the next move. Will update as the days progress throughout the week. Please come back...
(Trade thread on Yours.org (check my signature) will be posted in a while) It's been a while since there's been an opportunity for a long trade on Bitcoin Cash, in terms of what's safe and responsible to call at least. Looks like we've found that situation. BCH has diverged from BTC primarily because the BCHBTC pair has finally broken out above 0.18, MMs...
(Verbose post coming to Yours.org shortly (in my signature)) So, this is reality. Yes, crypto is a long-term big bull run that’s nowhere near global adoption levels. That is the truth. However, there’s a saying everyone has heard before: "The market can stay irrational longer than you can stay solvent." Time frame is what matters. Over the course of 2018, I’m...
BCH has formed a Symmetrical Triangle which likely bullish, I hold some BCH and looking to add once it breaks. risk reward is pretty good for me and MACD is about to get a goldencross, with Bitcoin's insane fees and insanely slow tx, I think this will play out well. TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.
A bull flag fractal pattern is draw on the chart. We should see a 5 wave impulse, the first wave to test 4k, wave 2 to retrace, wave 3 to attempt again and breach 4k, 4th wave will find 4k as support, and wave 5 could go up to 4500 or beyond (hard to tell where it might end because we are at all-time highs). Also, just because crypto charts seem to love triangle...
(Verbose write up and structure on Yours.org (in my signature)) Welcome to the future, friends. So many people, all these months, have said this would never happen. Mostly, they said this during times of Bitcoin Legacy pumping. In reality, people do not care about Tether, transaction fees, confirmation times, who Blockstream is, who their backers are, wash...
Chart has been in a strong uptrend but this pullback could be big. If support doesn't hold @ $15K then I would expect a pullback to $10,000-$12,000. At those levels I would consider it oversold. With many AltCoins trying to attack Bitcoin we shall see what the future brings.
(Verbose details and optional trade structure on Yours (in my signature)) Right now there is a lot to be happy about. Bitcoin Cash just revisited, for the first time since the November run, the $2,000 mark. It's not a surprise it was sold off after a manic +30% run, and is now consolidating. This is very normal and this consolidation may continue for a while...
BTG might have it's day in the sun in the coming weeks. I will be looking for an entrance when I see wave E break downward.
Full post with trade structure on my Yours (in my signature) The reality of the situation in crypto today is that there is much danger and calamity. Mount Finex is crumbling and becoming ever more sketchy and ever more dangerous each day. It would appear to me that perhaps, with their new minimum deposit requirements and only processing LTC withdraws quickly,...
Full post will be available on my Yours (in my signature) after I've had some time to compose it properly. Amidst the hype of Bitcoin Legacy reaching a $20,000 high, CBOE and CME Futures, and today, even Litecoin is finding a new high, perhaps many people have forgotten about Bitcoin Cash. From the persepctive of a trader or an investor, this is indeed a very...
Bitcoin Cash has had a bit of a bullish run the last few days. That being said, we all know about possible Dragonslaying and Cashening scenarios. But, when are they? Where could they be? Many things are hard to decipher and hard to see. Bitcoin Legacy just had its difficulty adjustment. 18% up to a new all time high. There's a lot to talk about, more than I can...
Friends, before we begin, let us have a moment of silence. For whom? For all of the people who have been deceived this last week into selling their Bitcoin Cash below $1,500 and at BCHBTC ratio levels as low as 0.13. Those are now locked in losses that are hard to recover. Regardless, we have ourselves a real, high volume breakout of the major downtrend...
I have recently read, here is the link....... news.bitcoin.com (please copy paste) ...............That, bitcoin may or may not be listed on the coming futures exchange, Well looking at the technical aspect of BCH its been fairly quiet, the candles are at about the bottom of the channel I see. Things may line up here and we may see a Bitcoin...