BCC/USDT close needed above 2308 after correction.Risk: Low/Medium
Dear followers,
We need a daily close above the 0.618 fibbonacci level. If that happens, we can continue to look for higer levels. Old resistance (blue line) will then be a new strong support. If we close below, first buyback level is 2012
If we drop further I'll buy more arround 1560.
MACD is still bullish.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome and I wish you all a merry christmas.
BCCUSD
Bitcoin Cash + Bitcoin, clash of the titansThe drama continues. Still, this chart helps understand what is happening in the last weeks, and what to expect.
Altcoins could drain them, stabilizing their sum to the current levels, or we could see FUD getting all those newly invested people pull the cord almost as fast as they arrived. One more leg up or (almost) double top is to be expected too, as RSI shows that there is yet some room for more, despite the flagrant overbought and divergent status
Basically, it comes down to "hedge your btc by an equal number of bch" and "decide if you wish to gamble on altcoins, or sell early expecting a crypto big retracement"
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!
Bitcoin cash on huge opportunity, 4x potential BITTREX:BCCBTC on symmetric triangle setup
One can buy on the lower side of the triangle or on Breakout
Note: Breakout has to be decisive and sustained, means If pump and dump happens then ignore it. Please wait for 30 mins to get the confirmation of the breakout.
Entry :
9400-9900
or on Breakout above 12000
Targets:
11700
14300
17000
21300
29000
Note : Please book profits on each and every resistance. Try to buy back at lower levels to earn more profit.
I would book at 17000 , wait for consolidation and buy back for next targets.
sl :
8000
Our previous analysis was solid $500 profit.
BCC trading channel, buy and TP levelsRisk: low
Hi followers,
First of all, thanks for following me. I just started sharing my analyses here and I see new followers every day. :-)
After our profit with Bitcoin Cash last week, I provide you with this chart to make things a little bit clearer for Bitcoin Cash next months. What we see is a very clear trading channel. We have seen one correction so far and it bounced the first fibonacci level perfectly. (Second green line)
I'll buy a small position at 1635, buy more if we hit the 18ma (purple line) and I'll buy my last and biggest portion when we are trading in the bottom of the channel. The great thing about this strategy is that we bring down our average purchase price.
I'll take a small profit at 1915 to protect my profits and I'll take a second profit at the top of the channel.
Buy:
Buy 1: 1635
Buy 2: 18ma
Buy 3: Bottom channel
Target points:
TP 1: 1915
TP 2: Top channel.
SL: Below trading channel
At the time of writing, I already have a small positiion in Bitcoin Cash.
Please, follow and like for more trading ideas.
Questions? Just ask and your feedback is welcome.
Bitcoin Cash (BCHBTC): Is Cash King?The recent sell-off in Bitcoin may benefit it's Cash spin-off. The price is making attempt to break beyond the pitchfork, putting downtrend in danger. To me, the break of 0.1045 level will be a trigger for buying here with some 20% upside potential.
BCC Broke higher low..BCC just broke its higher low pattern and look's like it's turning on somegood bull volume. This in correlation to BTC pulling back make for a nice trade IMO.. MACD confirm's bullish rsi was oversold on many timeframes
Bought @ 1358
STOP @ 1232
Profit target at 1706 with travelling stop loss
Good luck
bitcoin cash/USD longbitcoin cash is like a turtle walking uphill it is moving slow but making progress. It is moving up in the traingle.
Resistance @ $1750
first target @ $1950+-
support @$1400
Bitcoin Cash Update ($BTC pair)Update:
Bcash, Bitcoin Cash, etc. is consolidating against BTC, with Bbands tightening and price approaching the end of a triangle on the 4 hour.
Price just attempted to break above the 200EMA and was rejected after a bearish crossover previously. Price still currently sitting under TK as well.
Whether we continue upwards or not, I think a dip below trendline is likely to stop out any positions before a move upwards (head fake), or the downtrend continues closer to support around 0.1 - Either way, have strong hands or a tight stop before going long. Below are a collection of my thoughts on it currently:
Bull case:
- Holding up against USD
- Consolidating
- Still sitting above trendline
- BTC difficulty adjustment in 2 days (when Roger Ver decided to pump $BCH previously)
- Cloud thinning
- BCH add to Bitstamp tomorrow
Neutral:
- Bbands squeezing
Bear Case:
- "Death Cross" over 200 EMA
- Under cloud, bearish tk cross
- Resting on trendline, ready to break below
- BTC starting to look bullish again
Will update idea after break either up or down. You can find link to BCH/USD idea below.
BCC/BCH-USDT1d, 12h, 2h, 1h RSI looks good
6h, 4h,3h RSI tries to reverse
It also seems to be forming a head and shoulders or a cup and handle.
It surely tries to break the old resistance(blue line).
Also, it is above the green Ichimoku cloud on 1h.
It may do an all time high, but also might sell into older resistance areas.
Overall feeling is that nobody really wants that BCC to go up and.
This might take a wile until it happen, maybe we need BTC to stop pumping for this to happen.
BCC Between reality and illusionAfter the uproar about BCH, is he has a future?!
when price starts at $1 be sure he want to reach $10
so BCH get hist try to be next one and now that is the time to approve that.
this correction Necessary after this Running.
so be sure, u will be there after this correction will be done.
bounces well from fib 0.78
buy zone
between 0.11/0.08
Sl= 0.043
target=0.23/0.38/0.5 / 1 BTC
capital management is recommended
we ask Allah reconcile and repay
check usdt charts here
BCHUSD Bitcoin Cash Decision TimeBCH looks like its ready to make an important decision. Do I move up, or do I move down? Personally I'm bullish on BCHUSD but am cautious this may retrace further. I'm setting a buy trigger at 1640 with stop loss at 1500. If buy doesn't trigger, no harm done :)
BCH Update ~ The breakout is real :)Now that the dragon has been slayed ( mining has been more profitable on bch chain for days ) we should see a nice slow uptrend with a few pops along the way, lets see how this plays out. :)
BCHBTC Ready to FlyTargets in graph.
Falling wedge ready to break up.
Introducing Mr. Cashio.
Ready to bring Bitcoin down.
YEAH!