ONE STEP FOR BITCOINCASH TO REACH 2800$ Traders,
Here we have BCC/USD on the 4 Hour chart.
We need to hit the upside target at 2100 in one strong swing move, small to refresh that baby giant pair.
GOOD LUCK,
MOHSEN
BCC
BCH/USD Attempting A Break Higher, Eyeing $1700 Feb 17 2018Bitcoin cash is attempting a break higher and is eyeing the
Daily R1 at 1600. Above that level we have the 1700 S/R level.
And just above that the 1750, previous high and the Weekly R2.
A drop back from current levels should find support by the
1480 (Weekly R1) or below that the Cloud. Only a close below
the Cloud will shift intraday focus to the downside and we
might see a test of the 1400 S/R.
Overall, price has carved out a bottom and is drifting higher
after periods of sideways consolidations. There isn't much of
resistance until the 1700 so we could see a sharp move to that
level if the current breakout holds.
BCC/BTC TRASH COINSome of my trainees asked me to do TA work on BCC so here I am. Firstly I wanna say that this coin TA wise makes ABSOLUTELY NO SENSE. There is no wave structure and it just feels VERY odd. One thing I found out is that it is SORT OF respecting the FIB retracement. We can see a bounce off the 0.236 and also a bounce off the 0.382. These moves seem to be stopped by levels that are too strong to be broken.
I strongly advise not to trade this coin as it makes absolutely no sense BUT if you REALLY want to trade it.
Buy zone: 0.102 area (the 0.5 FIB)
Sell target: 0.145 area (big level that I probably wont be able to break past)
The chart clearly shows that when this coin decides to go up it does not retrace at all it just goes up, green green green and green until it is stopped. For that reason I advise to move your STOP LOSS up as the price goes up that way you are protected and if your stop loss is reached it probably means the move up is done.
Follow me on telegram if you want to be updated on this trade.
Please make sure to like this chart if you agree and if you want to trade actual good coins that show logical volume movement make sure to check my other charts!
Holding BCC Losing Money? You can profit from it falling $$$We may be able to catch BCCBTC in the middle of a correction. Good to short, if your holding BCC this is the time to profit from the bearish market.
Overall BCCBTC is in a range between .0640 and .2262, the range provides plenty of safety for us for now. You will note on the chart its currently in a bearish (downward) channel which is overlaid in light blue, you can profit from this.
You will also note that every move up finished by a Large decisive Bullish bar (The bar closes near the top, circled in yellow), the market then slowly retraces the whole length of the bar or more. We have such a bar on 8th of February and a retracement that is underway but not complete.
We would sell this now at live price around 0.1435, with an initial re-buy target of .1240, and for those brave enough leave about a quarter of the trade for the bottom of the range at 0.06500. for your re-buy. If we see an unexpected turn upward to .166 this will be your stop loss close position.
Remember if you want to make Dollars your decisions have to make sense.
Please note: Buy and hold positions create a clear bias in the opinions of traders, we have seen the effects and continue to see the effects of to many people holding coins and then trying to talk up a falling coin. What I intend to do is trade it, make money from it and share my thoughts with you.
Follow to make more Dollars from trades that make Sense
BCC/BTH - Candle Breakout BCC Breaking out of the triangle just now. Go check for yourself do your homework. Looks promising with news today/BTC going up up up
BCCBTC Potential for a 40% Mid?BCC has been steadily declining since before the start of the new year, as we can see along the past couple months, BCC has fully completed full count downs numerous times signaling its gearing for a trend reversal, the possibilities of this coin are a potential climb to the next Fibonacci resistance fast within a few weeks gaining 35%+ , or the other option that may occur with this coin is it will do another +2 days of an upwards trend followed by another down count that may take a few weeks before a trend reverse, this is definitely a coin to keep your eyes on and if you do decide to enter always be sure to keep a tight stop loss since the potential for this coin to burst is there
Bitcoin Cash (BCC / BCH) vs BTC & USD (160-400% Potential)Bitcoin Cash (BCC / BCH) started moving yesterday, it started to move, started to move strong. This completely changed the charts and gave us an opening to a new trade, even with these declining markets... Let's see what we are looking at here, but first, why is Bitcoin Cash price climbing when everything else is going down?
You know how big and easy news move this market, the cryptocurrency market, and there are big news for the Cryptocurrency community. There is a conference in Mexico from the 15th to the 18th February where many cryptocurrency experts will attend and give lectures about the cryptocurrency markets and other important topics. It turns out that Bitcoin.com, owned by Roger Ver, Bitcoin Cash main guy, is the main sponsor of this event. Making it basically a Bitcoin Cash sponsored event, so this can be one of the reasons the price started to move up suddenly.
*** Indicators
- On the chart above you can see how the MACD just crossed over and it is trending upward. You can see plenty of room left for growth. If more momentum builds up, Bitcoin Cash has the potential for a very strong run.
- The TD indicator is giving us another positive signal. We just started a new green count after reaching a full 13 negative count, this is a good sign, we will know in a very short few days how exactly this trade will develop, no need to wait long.
- Bitcoin Cash movement started after reaching a bottom @ 0.1206, a price that hasn't been seen since December 19th, almost two months ago. So basically two months of retrace and consolidation from our last run... We traded that one as well. It was a profitable trade.
- The price broke and remained above the EMA30 & 90 price line, this is a very positive signal. This was a resistance point that was easily broken and will now serve as support.
- The weekly chart candles, chart formation and overall picture, gives us room for plenty of growth. Closing this week positive can give us the next week a strong run. Let's trade Bitcoin Cash, let's make some money with this coin.
- The fact that Bitcoin Cash broke free from Bitcoins hold, is also a positive signal.
Note: There are some bearish signals for this trade, so this isn't 100% bull time but, this is a trade that can be done. Keep your stop loss and watch and... Let's Trade!
*** Trade Instructions
Buy-in: 0.144 - 0.178
Targets:
(1) 0.196
(2) 0.240
(3) 0.312
(4) 0.427 (All Time High)
Stop-loss: 0.139
*** Message of the day: Inspiration
I am inspired to tell you how good we do, you do, when things don't go our way.
It is good to learn to prosper, even when things are not looking so great.
Times change, the season passed. Don't worry about the summer, winter won't last.
Time is today, the world seems so great, why not take a minute, to cherish yourself?
Why not take a minute, to develop your Soul?
Yes, take some time off, to know who you are.
Thank you for your continued support.
Namaste my brother, such an incredible beautiful Soul.
P.S. Please allow this trade time to develop. :)
Patience is the key to success, here and everywhere else.
Take a look! Bitcoin Cash BBCBTCI believe BCC is a really good alternative rigth now!
It is entering in a Buying Zone for Daily Chart, and already in demostrated in the 4H chart.
Appologise me for my poor english, i speak spanish.
The idea is, don't sell yours BCC, and if you don't have, BUY it!, it has to increase 15% to 30%, and then make a small consolidation. Target: 0,18 BCC/BTC
any question you would like to ask me, if it is in spanish better.
BCC Broke out of descending channelBCC moved in the descending channel 20 days and finally broke out upward. Oscillators and moving averages indicate future growth. Resistance of Fib 0.5 was broken. The price will move to a higher levels of trade after a small consolidation
Bitcoin Cash BCC/BTC trading Idea & technical analysisBitcoin Cash BCC a tale of Bitcoin.
It's Now on Move. Current BCCBTC price around 0.150-0.16BTC . BCCBTC Now in Buy zone for long.
Our First Resistance @0.206BTC & Second Resistance @0.263BTC
Please Take a look on Chart.
Note: Do your own research before trade. I am not responsible for any loss.
Tips Highly appreciate
BTC :
3FgB9JUBF6TFDmGQynj5r1nPT2TKNKLtwo
LTC :
LYcN58yYmc2AspB1KCgJynEaLj1YvAAASU
Thank You
BCC - Support Becomes Resistance Until TodaySince the start of the downtrend, BCC's been moving within a massive downward wedge. Initial support of major dips hold before BCC breaks through, and the support becomes the overhead resistance. Each period is getting shorter, and it looks like we're coming up on a turning point soon. Even though my downward wedge points toward $250 by early March, I'm not projecting that (at all), especially since BCC broke through the last support-turned-resistance. It will be interesting to watch price movement on BCC between now and Feb. 12 or so.
#1 Crypto BCH/USD Bitcoin Cash Showing Muscles Feb 8 2018Bitcoin Cash has reached the horizontal support and
resistance level at 1300 which is also the upper end of
the Cloud. Bulls are looking for a Cloud twist and a break
above it, which would expose the 1500 level. The next
important resistance above the high at 1740 is the
important Monthly pivot point and below that the SMA200.
Monthly pp @ 1940. If price drops back from the Cloud
resistance we have initial support at 1200 and the the
lower end of the Cloud.
Overall, BCH has recovered well and if we see a breaching
of the 1330 level, chances are good for an upward continuation.
Next trading cycle for Bitcoin Cash in the beginning.Admittedly, a currency with such a short history long term TA is a bit out of the blue because there is not much data to build on. This theory focuses on very rough price development with regard to the trade cycle for the next six months.
Fundamentally you see that behind the scenes hard work is being done on business support and platform support and more and more consumer solutions become available. My expectation is that this trend will continue and eventually adoption and thus price will increase.
Probably that there will be deviations under the influence of fluctuations in the entire crypto market, but to me this seems a likely scenario.
Updated BCC ChartThinking the bottom will be in that turq band. Currently hit scale in point with a 9 on the TD, should dip lower and make a reversal upwards. If BTC breaks sub 7500 could fall below said turq band.
- Disclaimer - I don't know what I'm doing. Good luck.