Looking for the A leg to fall as low as €984 making a good 0.%50 retracement to place a target of €1844. Move brakes down if close below €758
Expecting some waiting then again continue to the moon.
Ill go for the bounce First post, please be mild :)
Several indications that might suggest that BCH is getting ready for a move in the not so far future. We have a wedge formation in place nearing final completion. We are currently moving sideways between a longer-term and shorter-term fib support/resistance level in a very tight price range (consolidation?). In addition we have arrived at a level that can be...
There is a long opportunity for BCHEUR for 2 weeks. I expect trend reversal with target 500EUR within next 3 weeks.
BCHEUR approaching a trend line support. I suggest to build a long position at around 320 BCHEUR.BCHEUR approaching a trend line support. I suggest to build a long position at around 320 BCHEUR. BCHEUR approaching a trend line support. I suggest to build a long position at around 320 BCHEUR.
I expect D to be formed next few days.We could see 500 beginning October.
Were to go with weakness on the BTC/EUR chart? BCH/EUR is trending near a major support line within an inverted H&S pattern. At the moment BCH/EUR is trending in a ''low risk'' buy area. This is a possible entry point to reduce risk with an exit point below the major support line.
If the BCH break up the flag pattern we can expect an uptrend. Entry @ 580€ Stop at support @ 559€ Target at second resistance around 695€ Opposite expectation if breakout down but no short possible on Kraken so no short for me in this case I just stay out.
I add some here and will add more later. I will add more info later
Still holding the free bitcoin cash as hedge and watching the sum of them in the channel. I think its better to keep an eye on this chart instead of panic dump one of them. If trend breaks down I might sell some of both. Stay safe.
You can go and read this vey interesting blog at bitcoinandtheblockchain.blogspot.ch Also if you check cash.coin.dance at the time of writing, it says it's more profitable to mine Bitcoin Cash. Place your bet lady and gentleman, the next couple of days are going to be very interesting.
I think there's a chance that Bitcoin cash starts basing here, to eventually break out to the upside and surge. I'm buying and selling in this range, but mostly trying to keep exposure to it, and reduce my cost basis with the profitable trades I have made and will continue making. There's a fundamental price floor, below which, $BCH would be liable to attacks by...