Love it or hate it, BCH from a TA perspective does look good here. Closed above the uppermost resistance trend on the 4 hour and quietly rallying vs BTC. FWIW - BCH did show relative strength compared to the rest of the cryptocurrency market yesterday during the violent spike down. While I do not like this coin from a fundamental perspective, this is a chart that...
BCH is going to break out of the descending wedge soon
Look at the upper channels of the descending wedge, it's due for a technical reversal
Buy zone: .177
Sell zone:
Target 1: .20
Target 2: .22
Target 3: .25
The RSI looks like a reversal is about to happen towards the 50 mark
MACD looks like a convergence happening in the next few hours
Well, ultimately it's up...
I bought at .168 BTC so if .2111 support is broken I will sell there for a profit but I am very optimist about a bullish push based on candle bar closing. Higher volume is traded when it makes a recovery from support or when it explodes with a bullish breakout.
We are talking about plunging capital from one currency to another.
Next time (and now I see it so)
how much btc falls, so much BCH grows. Right?
$ for $, but bch gets pumped while BTC drops and buybacks again.
Does not it sound familiar?
Watch out, when btc was 8,000, bch is 1200 with 3200 bumps
btc was 8000 and bch 3200
it is a ratio of 0.4
Was also 0.5
1/2 BTC...
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Bitcoin Cash adds on exchanges such as Coinbase GDAX which gives is a massive boost. After few minutes trading both sites go down due to huge volumes and claims of 'insider trading' (which honestly is not worth even talking about).
Relaunch is scheduled to happen sometime today (December...
Looks bullish but not strong enough to move upwards. Bitcoin must be bearish so BCH can overpass resistance 0.14 to move forward. I believe that BCH will be very strong and next year we will see 0.5btc price, but not for now. I think it will come back to 0.9-0.10 levels.
What Your thoughts about BitcoinCash?
BitcoinCach established a low against Bitcon at btc 0.068. Then it started to move higher breaking above the descending channel and btc 0.11 resistance.
While it has been able to close above the btc 0.111 on a 4h timeframe, this could indicate on a potential trend reversal or at least a correctional wave up. Break below the btc 0.068 support would invalidate...
Hello traders, it appears BCH/BTC has formed a bullish cypher pattern on the 4h chart. This is an excellent long opportunity with a potential 40% return!
The measurements for a valid cypher are detailed below.
B: 0.382 - 0.618
C: 1.272 - 1.414
X to D: 0.786
Here is a view on market structure on the 4h chart.
As always keep your risk in check and apply sound...
After the uproar about BCH, is he has a future?!
when price starts at $1 be sure he want to reach $10
so BCH get hist try to be next one and now that is the time to approve that.
this correction Necessary after this Running.
so be sure, u will be there after this correction will be done.
bounces well from fib 0.78
buy zone
between 0.11/0.08
Sl=...
the waves looks very good, and now it should go up, but we must have attention to the volume... actually less volume. if bitcoin take a break from the ATH then people switch to BCH.... my opinion no advice.
you can wait for the green rectangle, when it hits that is the signal to buy. it will be a beautiful break out and ends wave E. and E is the time for bullish...
