BCC
#BCH #BTC #BCC Bitcoin CashRoger that pamp.
Thanks Chaz for the idea.
Looking at many previous bull runs, we sometimes get the double bottom new low then a large run up. In this case I dunno if were starting wave 3, or just a retrace of the pump, hard fork news comes in a couple months or whatever about the segwit2x stuff (but probably nothing will happen - still ppl will take advantage)
Other info on chart.
BCCUSDT multi day swing trade setting up. BCC held support after nice pullback from 900. Today its remounted its 9ema triggering its momo. This could be a multi day with stop near 580. I wouldnt chase this up here on this spike but wait for a mini pullback 620ish
BCH/USD on 4 Hour TimeFrame NEUTRALCurrently, BCH/USD on Bitfinex is Neutral.
The Price Action (Candles) are inside the Kumo Cloud means the price is running Neutral for the time being. If the price breaks support, expect it to run down to the next level $500 before finding support. If it hits $500, the price should bounce to $800 before the downfall.
If price action unexpectantly breaks the $800 resistance wall, expect prices to soar. The thickest wall is at $800.
PS the prices are from the order book in Bitfinex at the maximum decreased precision. There are obviously bigger support at $520-$550 and stronger resistance levels within $500-$800 but just giving the overall general prices.
BCC Sleeping While H & S grow upBcc is still same, sleeping and building some patterns... Will be watching it.
BCH - ready to jumpThis alligator is hungry. How long before it starts eating?
BCH seems ready to move onto wave 3.
BCHUSD 8h: Fibo 1.62 target = 1.300 USD. Maybe possible.If we look at the movements of the last weeks, we could extrapolate the trend lines on the basis of fibo under the condition that the top is around 900 USD (fibo 1). So there could be two possible trend ways up to the target 1.300 USD. it is very rough, but possible. Correction way 1 to around 575 USD. Correction way 2 to around 400 USD with a between high to 760 USD.
Let's see what happens. Happy trading. :-)
BCC / BCH is close to make a moveBCC / BCH is close to make a move and considering the new fee in btc it could move in an explosive uptrend.
BTC sellwww.tradingview.com
We expect a correction in the 3600 $ area and a correlation with BCH / USDT where we expect a $ 1000 level test
BCH/USD more retrace expected Im expecting here more retrace to 475-510$ it's not an advice to short more like an advice to buy incase the target is hit. If you already invested in its the best investment you made in your life ;)
If the target is hit the TP is 1300$ within 10 days or less. Target before we rush into the new year 7000$.
I will keep the idea updated and post later why i think its going down.
- rakim
Bitcoin Cash bearish move out of pennant chart patternBitcoin Cash bearish move out of pennant chart pattern. Possible support levels around $450 and $400.
$BCH #bitcoin #bitcoincash #cryptocurrency
*Note: Idea/opinion, not investment advice
BCC Descending Triangle + Double ZigZag = $600Here are my continued thoughts on BCC.
We're currently in a descending triangle and probably going to enter into a double ZigZag Elliott correction wave. Who really knows for sure, but the pattern seems tone setting up. My target is still ~$600 for now.
Check out this resource and let me know if I've missed anything: www.elliottwave.net
BCC - Triple Zig Zag = $560/$520It's possible we're gonna see an additional leg of the zig zag (Z), which would mean it'll bounce off $560 again or move lower to my first target of $520.
BCH: The upper trendline is not broken, time to buy BCC It is currently 133% more profitable to mine on the Bitcoin Cash blockchain.
I expect that a lot of miner will switch to BCC for at least N days causing a big hashrate drop on BTC.
The transaction on BTC will be lower and the price of BTC will decrease.
Ref:
cash.coin.dance
fork.lol
Send me a beer, I will pay it in BTC:
3EzR8JV9EtaM38J6bMHVoDJMfH1mNpmhHZ
Elliott Wave - Complete 8 wave cycle forming??BCC has had nearly perfect pullbacks to the 61.8% fib lines on each leg up (didnt include here because it looks too cluttered), line 5A represents the first downard impulse wave with the corrective wave AB setting up at the time of drawing. Looking for a pullback around the 23.8% fib level which also served as a support line on the first run to ATH.
Bitcoin cash is a weird beast though who knows what will happen, I will be dumping my remaining BCC upon confirmation of a downtrend from here regardless.
Bitcoin Cash Mega Trigger @ 0.2Looks like BCC is trying to complete a cup and handle. Everything looks good. Fingers crossed for more moon.
