BCash is choosing its wayI've pointed main levels for BITFINEX:BCHUSD and now I'm waiting for getting it.
BCC
BCH/BTCAfter confirming the formation, a strong price increase is possible. Targets marked with blue lines
Bitcoin Cash Pivot ZoneBitcoin Cash broke out of it’s rising wedge on December 19th after Coinable announced it would host Bitcoin Cash on their GDAX Exchange.
We saw an extraordinary rise to 4000 here on Poloniex.
The last two days, along with the entire crash of the market, we are retesting the upper trend line of that wedge around 2200.
If we can hold here, and put in a bottom, then we should see higher prices. Volume on this fall has been less than the volume on the way up, so that’s a good sign that selling is contained to some extent.
If we break below back into the price range of the wedge, then we will hit the next support levels at around 1800 (former break out level).
If we drop lower than 1800, next stop is 1100, which was the former support and consolidation range throughout November.
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Please message me with your questions or thoughts.
MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections, measured moves, support and resistance.
Successful trading means proper risk sizing and trading small so you can stay in the game.
Bitcoin Cash is Done. For Now.Guys, we've all been following Bitcoin Cash since it first took off on that ridiculous rampage where we all (for a second) took the "cashening" more seriously.
A lot of analysts out there predicted $3,400. But not many of us expected that extended 3rd above $4,000. That was just nutz.
But guys, I think it's fair for us to call this run over. It's looking like a sharp correction, and honestly, I think a long-term entry level of sub-$3,000 isn't bad. I will probably aim for around the $2500 area in a week or two. My projections lead me to a 5th wave that's going to lead us to around $6,000 area. Our target range is $5,620 - $6,300. I think we could get pretty low here on our retrace. And that would be fair, simply because our wick on that first impulse wave was REALLY long. I felt bad for those who bought there, but not anymore.
Nonetheless, this correction is normal, and will probably take a week or 2 or 3. My timetable for the 5th wave to be conquered is about 2 months from now. However, this market moves fast so who knows. When it reaches this 5th wave, I'll be looking for re-entry for a long-term position. I may have some fun here and do a 1-2 year projection. Quite frankly, I think Roger Ver might be on to something. Bitcoin Cash's growth rate is ridiculous in comparison to Bitcoin. I think the two can live happily together, but I am not going to be the least bit surprised if Bitcoin Cash takes over and reigns supreme. I mean, just making simple transactions is much much more efficient. Why not gravitate to the more useful tools? Do you want to build a shed with a hammer and nails or a spoon and straws? LOL just kidding man, BTC is not a spoon and straws.
And of course, I will follow-through with this post on updates and progress. I constantly track how my predictions are going.
BCC(BCH) Huge Wedge Breakout forming!I Don't think the bitcoin cash run is over just yet! Watch for the trendline support to hold on the bottom here shortly, then for confirmation with a break of any of the upper trendlines with volume to get the run started!
BCH = 5KWe just perfectly touch strong support continuing our upward trend.
Might be a great short here in a couple hours.
Good luck and go BCH!
Bitcoin Cash on road to over $8,000If you are a member you already had access to this chart and early alerts!
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 20)
We may see this coin outperform everyone's wildest dreams since its extremely undervalued even at its current stage.
Our maximum target of 0.60 Satoshi is just a beginning and should be easily achieved within few days (maybe weeks depending on success of coinbase GDAX relaunch)
Please invest only what you can afford to loose because even with sure trades like this one, risk is still very present.
HAPPY HOLLIDAYS FROM US!
BCH/BTC Analysis (Long)Targets on 1 fib and 1.6 fib. (!!!!!!!!!Everything will depend on the reopening of the GDAX today and Roger's interview Watch tomorrow!!!!!!!!!!)
BCH Correction BIG has begunBCH's run up might be short lived after dramatic run up. Expect new support at around $2400 in the short term.
Bitcoin Cash (BCC / BCH) Target levelsHello, sorry for this "ugly" analysis but this is solely to have the Bitcoin Cash targets written in one place where they can be accessible by everyone.
I am sharing with you two different options, chart based targets and Fibonacci targets. You choose!
Enjoy.
Chart based targets (resistance lines):
(1) 0.134
(2) 0.151
(3) 0.185
(4) 0.208
(5) 0.233
(6) 0.299
(7) 0.398
(8) New ATH
Fibonacci based targets:
(1) 0.1526
(2) 0.2051
(3) 0.2475
(4) 0.2897
(5) 0.3502
(6) 0.4270
(7) 0.6490 New ATH
Back to all time highs for Bitcoin/BTC after market over-reactsReversion back to all time highs expected in Bitcoin.
Massive market over-reaction on the release of Bitcoin Cash on Coinbase / GDAX.
Buying opportunity for bulls. (I do not think this is a market you want to be a bear in, but that's just me.)
Short term goal: $18000
Mid term goal: $20,000 break out
Long term goal: $25,000+
BCCUSDT Short term how to tradeBuy now 2020
Take profit 1: 2500 (strong resistance due to previous high)
Take profit 2 : 2550
Sell loss: 1880
BCC/BTC Breakout Incoming!BCC Currently sitting right at resistance. If it can break this short term, and eventually that first trendline, I expect a solid move upwards from there. Watching this one closely!
BCC could rocket in the next few minutes!Anything can happen within the next 20 minutes. With BCC already up 21% on the day, I think the volume will pick up significantly with a ton of buying power.
BCH/BTC not yet...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?
BITCOIN CASH day trade ideabitcoin cash showing nice consolidation above vwap. this has some momo back to hold highs. think we can take a day trade here with a stop under the vwap for a trade into the night. nice reward to risk
BCASH or Bitcoin Cash Nice PatternBCH or BCC is forming a nice inside bar formation on the Daily chart. Even though Roger Ver is a D!#k I still believe the pumping of this coin to become the next new bitcoin is not over.
Wait for break of 1900 level with increased BULL volume.
Hint lower time frames will give good indication of increasing volume.
Buy 1900 or Brake of 1850 level on increasing volume.. Look for break of down trend line
Stop 1634 <-- just below the last swing low...
Profit 2250 (min) <-- let it ride if you can with travelling stop loss.