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Bcash

BCH fork action appended to pre-fork dataThe price action for this chart is defined by the average of BCHABC across 4 exchanges(Poloniex, Bitfinex, Binance, and Bitstamp) added to the average of BCHSV across 3 exchanges(Bitfinex, Binance, and Poloniex). I copied the pre-fork price action from BCHUSD @ bithumb(where BCHABC is currently trading at about a $150 premium), appended it to this chart and meticulously lined up several key swing highs and swing lows so I could do some somewhat accurate analysis on the chart. In hindsight, I should have used a vertical line to make sure I didn't mess up the horizontal scale as I was adjusting the pre-fork data to fit correctly. Personally, I'm bullish on BCHABC and bearish on BCHSV. If one considers the possibility of BCH technically being the original chain of bitcoin as NIST claims, in my opinion it's easy to understand why this fork was so important and why it seemed to have had such an impact on the crypto market as a whole. My bullishness on BTC in the short-term is currently somewhat dependent on BCHABC continuing to win the battle. To make the chart a lot more interesting, I've overlaid the individual prices of BCHABC and BCHSV. It will be quite interesting(to me) to see BCHABC at binance react to the TA from this chart... Bitcoin's latest bear trap hit the downtrend line on my falling wedge perfectly, currently bouncing right off(see the related "personalized bitcoin index" chart and press play)... Note: As with my related chart I just mentioned, in this version, I sacrifice accuracy of the volume indicator to get a slightly more accurate price reading, correcting the average price against any movement of USDT/USD at Kraken. In a couple weeks or so after Coinbase finally stops holding the coins hostage and the dust settles, I'll follow it up with another one with a more accurate volume indicator that will either disregard USDT pairs altogether or otherwise not worry about what happens with USDT. Current formula: (BINANCE:BCHABCUSDT*KRAKEN:USDTUSD+BITFINEX:BABUSD+POLONIEX:BCHABCUSDC+BITSTAMP:BCHUSD)/4+(BITFINEX:BSVUSD+BINANCE:BCHSVUSDT*KRAKEN:USDTUSD+POLONIEX:BCHSVUSDC)/3
BLong
by tomtourettes
5
BCH Bearish Continuation. SHORT! Bitcoin cash is holding a tight downward channel that is clearly defined and respected when viewed on logarithmic scale. 50 MA playing an important role here. Short the continuing pattern . Target ~$300 +/-$20 BCHBTC broke out of the channel during the late September pump but this rally could not be sustained. BCHBTC suggests a short entry when we fall below the yellow line. BCHUSD suggests a short position and a double down below the yellow line . Exit positions when we hit the bottom of the channel. Yellow box is target zone. Note: This is Bitfinex price data.
BShort
by fitzpa59
3
Bcash be prepared if the market doesn't tank!This is bitcoin cash usd pair. Convert it back to the usdt binance chart. I'm using this one for historical price data reference. Ok, this is just in case things go right in the market. It's easy to prepare for bitcoin to visit 4k range. You simply do nothing while in tether or you play usdt charts with a stop loss so you get stopped out in a stable coin that isn't diminishing in fiat! I'm not trying to spread hopium because bitcoin definitely looks bad BUT it's better to be prepared so you don't miss everything take off and end up chasing green candles only to get rekt. People prepared let the trade come to them, enter, and then ride the rocket only to sell to those who FOMO in, because they didn't position themselves to ride it from the launch pad. Green boxes and numbers would be entries. USE A STOP LOSS! and hopefully this can be a swing trade all the way to said target. So just trail your stop under (deep under not right under) big areas of support. (If you put them directly under with the rest of the retail crowd a whale will likely eat all your stops for the liquidity and then send the price up) This trade has a lot of proving to do as you can see its under the 200 and 100 day moving average. GL! Play this right and can be in and out before things get scary. Disclaimer: Not investment advice DYOR This is USDT pair. That means we're trading bitcoin leveraged through alt coin for usd not btc. I do not care to build satoshis while bitcoin is in a downtrend. This market takes your lunch though so put your stop in profit or immediately take some profit when your trade goes right so then your widened stop can't do damage. If bitcoin poops, so does this chart. But you know this.
BLong
by ChaseWallace
he Battle for the Future of Bitcoin (2018) Who will win? BullsI was trying to find inverse head and shoulders throughout the market and for bitcoin cash -0.62%this is what I came up with and I will be dissecting this as thoroughly as my dissection with bitcoin 0.95%. Before I begin, I must mention that bitcoin cash -0.62%did have previous much smaller stronger inverted head and shoulder pattern before this one, it is marked in dark blue as well as the price objective, the reason why I am calling it a complex head and shoulder is because there are two very small shoulders on both sides that do cross the neckline. For the large purple one, I have placed the objective price in purple as well, and I have noted that there is also a symmetrical triangle that is occurring in the breakout. 1.) There was obviously a downtrend before this head and shoulders . 2,) The left shoulder has more volume on the push down than the head does, which means that it is a divergence of volume , however, there were no bullish divergences in the RSI or any other place that I have checked for that matter. 3.) The slope of the neckline which can be seen in purple, is sloping downwards at a really strong angle which means that the downtrend was strong and it still probably had some momentum left for a further push. 4.) The wick of the right shoulder gets really close to the head, indicating more weakness in this movement. I believe roughly 10 dollars away from the bottom before getting pushed back up, the close of the body is in a much more appropriate place. 5.) The breakout volume was extremely strong, generally bitcoin cash -0.62%is a strong move, it is one of its strengths and weaknesses. and it reached the upper end of 890 on really good volume . Current situation: 6.) Given the weakness of this current inverted head and shoulders , I have claimed that the current symmetrical triangle will breakout to the downside in order to test the neckline, however, it is possible the triangle breaks out to the upside. However, the price objective of the symmetrical triangle is somewhere around 750 if it moves down and around 900 if it breaks out to the upside, I believe it is more like that bitcoin 0.95%will finish its Bull flag around there or finish its movement to the downside as well and have a subsequent move up the objective of the of the head and shoulder bottom which is roughly 960 any move above 960 and I suspect that it will move further to the upside due to its volatile nature and strong movement patterns. Any break of the neckline would indicate an extremely weak buy demand and I would expect to see further movements down.
COINBASE:BCHUSD
by CuddlyCuddles