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Bcash

BCASH 4 HOUR TIME FRAME $350 BREAKOUT CONFIRMED BULLISHBCASH 4 HOUR TIME FRAME Breakout Confirmed BULLISH. Los Angeles 4:54 AM. I don't own a lot of BCASH so I'm comfortable just selling my portion at Target Price 1. I don't think Bcash will have the strength to reach Target Price 2 or Target Price 3 unless you're waiting out for a couple days. I think in December the market is going to have a strong finish. I do believe BCash has potential to go over $450. What to look for: ADX line (black) stays above 25-50 in order to show strong run up (or down). RSI stays above 60+ to break resistances. Chikou Span stays above Kijun Sen. Price action stays above the clouds (kumo). Sell at target profits in small increments. Might be better to hold for long and utilize your stop loss. If the price action breaks the red line at 100 fibb, price action is most likely headed to 1.618 where my first TP is set. I set my Target Price slightly below the Fibb levels in order to lock in my profit.
BLong
by WiThConFi
1
End of bear trend for BCH and Altcoins?Wanted to publish it yesterday, but was to scared to call a bottom on bcash. I don't want to trade this scam, but if others want they are free to do so. I just like what I see in this chart and I am putting my emotions aside to post this. My RSI 21 OHLC made one of my best and most profitable patterns : Hit RSI trendline, in an extreme oversold condition and then show bullish divergence (which is a sign of reversal). We hit the 0.08 support, which is kinda bullish, after breaking the last bullish trendline and not showing strength to continue. In Crypto, a 65-75% pullback is usually enough and then coins to pump. Now most people and companies have sold their bch and the miners have mined tons of it, which means it could pump again soon. Why? Because there will be less supply and more demand. Scammers, like Jihan Wu - Roger Ver - Brian Armstrong - Erik Vorhees, are playing their little games and have problably already gotten in, ready to pump it again.
BLong
by BitcoinMacro
2
BCH Buying point - Keep an eye for a Strong Profit Hey Guys, I hope everyone who saw our post yesterday changed their coins to Fiat and we are now waiting for our buying point. Not a lot of people believe in the idea of BCH, but the coin does hold a future with the solid back up of Roger which can be seen in its last rally from $295 to $970 in less than a week. That means you could have easily got more than 3X return on your investment in less than a week. It's like a dream for a stock market professional but it's a routine for a crypto trader. As we see in the chart, BCH has broken its trend line and we got the second confirmation after it broke the FIB level. After today's fall, we may see a small retracement until point (A) from where it is expected to make new lows everyday. However, it will not break its previous low. Point (B) ranging from $423 to $340 will be the next strong buying point and I suggest you accumulate at different levels to average out the price. Post the new low, we should see a strong uptrend and expect it to make new highs above $1000 by the end of this year. However, I always suggest taking profit at every level to play it safe. Do write to us or feel free to ask any queries in the comment section. Happy Trading!
BLong
by forayushshah
4
Bcash, the trash, is either a good buy or goodbye...Hello everyone! So BCH hit the 0.618 FIB which happened to be the 2nd of the 3 support zones. It also hit the broken resistance line which turned into support. Now BCH has slow blocks, which makes it a lot easier to pump (it means users can't really deposit coins into exchanges to sell them, so the already restricted supply, gets more restricted). Miners sold their coins and are probably accumulating to pump it again. If the support breaks, next stop at 0.12. Also, the RSI hit oversold and bounced of its trendline, which is slightly bullish sign, even though it is trending down.
by BitcoinMacro
11
BCHBTC possible directionsWe have 3 probabilities here: 1. (Green) If buying pressure is very strong, it could break the strong supply zone and go beyond it. 2. (Red) If buying pressure is weak, then we could move sideways for a bit longer until the supply zone is depleted. Staying too long on this zone would be bad. 3. (Orange) If selling pressure begins to rally, then look for BCash to move lower. I think that traders have suddenly been buying BCash because it was at the bottom yesterday. Trading volume was also at its highest today which is unusually weird since BCash was receiving negative publicity. Still, numbers don't lie. Let's just ride along until the wheels fall off.
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by clydeuscope