BCHBTC
Bitcoin Cash (BCC) Another Run (180% Earnings Potential)Last time we traded Bitcoin Cash (BCC), or BCH as it is known on Bittrex, we made a huge ~80% profits. We are now sitting at a very strong support for this coin and I am receiving several signals for the charts telling me that it is time to get ready.
Now, even before we get started, let me tell you that these are very early signals and these trades all carry a certain degree of risk. Some you win, some others you lose. The overall market sentiment, and Bitcoin, are very important in deciding which one it is that will happen for us... and of course, your degree of patience will be instrumental in your final results when it comes to trading cryptos. Patience is the key as I love to say.
With that said, let's trade Bitcoin Cash another time and make huge profits out of it. Easy profits, since all you have to do is buy and hold, to later sell for profits. Lovely isn't it?!
Bitcoin Cash (BCCBTC) Money Trade by Alan Masters
TRADE INSTRUCTIONS
Buy in: 0.110 - 0.118
Bitcoin Cash Targets by Alan Masters:
(1) 0.126
(2) 0.137
(3) 0.146
(4) 0.155
(5) 0.168
(6) 0.185
(7) 0.203
Next support:
(1) 0.102
(2) 0.094
Stop loss: You can set your own risk level if you wish to use a stop loss. If we break down rather than up, you can look for 0.108 as a sell signal but only to buy back in at the "Next support". If you believe the price is going down based on your own experience, then you can set a buy order at the next support level (0.102).
Capital allocation: <10%.
BRING ME THE CASH: BITCOIN CASH
How can I get more cash?
How do I get money, which can help me achieve a state of wealth, by allowing cash to enter my life?
Has it ever happened to you that you always seen to get the "wrong" trade?
We have 5 different options, I am picking one, but the 1 I chose isn't going anywhere!
Yet, the other 4 seem to be doing great. What's the problem, is cash from me running away?
Maybe you need to consider that you are trying to avoid money in your life, subconsciously, because money might get in your way.
So in order to be able to receive cash, get money and enter the state of mind that allows you to have wealth.
You have to first dive into your subconscious, and understand that your problem isn't bad luck, more like something completely different that you will soon understand.
Get away from everything, the computer, the friends, the family, even the trades.
Dedicate time to yourself, to your own mind, it is time for meditation, it is time to pray.
As you sit down on your own and listen to all of the thoughts that are coming to your head.
Ask the following question: What Am I Thinking About All Day?
As you receive the answer, make sure that you change those thoughts, negativity, worry, despair, frustration, for the positive things that you want to have in the first place.
Focus on positive feelings, focus on the feeling that the cash that you are trying to acquire will bring to your day to day. As you feel rich and grateful for being alive and happy, that's when the state of wealth will allow you to receive the cash and money that you have been asking for every single day.
Namaste.
Bitcoin Cash - Could see fireworks soon This came across my radar, which I though was worth mentioning. Looking at daily chart for Bitcoin Cash, you can see it has a nearly completed symmetrical triangle pattern. RSI is oversold and MACD has a near bullish cross. We could have a big breakout to the upside over the next week or so.
Is BCH propping up BTC?I can't help but notice, that while BTC is steady, BCH is falling fairly quickly to 0.01, this drop has been horrible since May 7th. Reversal soon?
BCH consolidation ongoing, all goodHey guys, BCH is right now in consolidation mode similar to brother BTC. We're right now under the 12 & 26 EMA on the Hourly, and barely holding 12 EMA on the 4H, which is weaker relative to Bitcoin. The reason is clear: BCH, similar to EOS, tried yet another bull flag break, when big brother BTC was just consolidating. => I will be talking about this in today's episode of the 'Crypto Chart Analysis', make sure to watch it! ;) So should we fall dawn more, the 26 EMA would come in at around 750 right now.
Just like with big brother, we need a Daily Higher Low & Higher High, in order to change the trend. Right now we're rejecting from EMA 12 on the Daily with a long wick of profit taking. Should we not get our HL & HH, it will turn out as yet another bear flag on the Daily.
If you had some value from my analysis, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
BCH/BTC throwbackPrice increased and jumped above the SL of the descending pitchfork and above the 150% line. A valid breakout will signal an increase towards the 61.8% and towards the 50% line of the black ascending pitchfork. The perspective will remain bullish as long as the rate stays above the lower median line (lml).
BCH break of 4H lower highsHey guys, BCH just rocketed up, surpassing 4H & Daily lower highs, and is leading the bull move with brother BTC. I was talking in today's video of the Crypto Chart Analysis to take profit & not go short in this environment, please watch it if you haven't seen (link in my status). It was a quite substantial move, with both BCH & BTC breaking out of a bear flag. => It could be related to the futures contracts closing.
Whatever the reason: BTC has to still get above the 4H/Daily higher lows at 6341, so keep an eye on that. No matter what you do, set your stop loss. Good trading! ;)
If you find my analysis helpful, please like & subscribe, and watch my daily videos ! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
BCHBTC ShortWhy wouldn't you be short here?
Weekly view is the single most eye opening thing I've looked at this weekend for many assets...
I am shocked and appalled with myself for not seeing this so much sooner.
If you're late to this party, I wouldn't worry, I am confident in the 100% retracement.
See you there.
This is not financial advice.
Technical Analysis on Bitcoin Cash (BCHBTC)A short term correction is possible till the major uptrend support
1)The major long term uptrend support is intact.
2)The immediate support is 0.12331 btc level which will be the same as the major uptrend support line. A chance of bounce back from here is highly likely.
3)The immediate resistance will be the the channel resistance.
shorting 'bitcoin cash'view the image & levels within the chart & decide if this is a wise position for you to take on bchbtc
write @humhawbtc on twitter your jokes or say wtf to mine
The way I see it, there are 3 targets for BCH in coming monthsthis is no financial trade fiduciary i am not not advice. this chart shows supports and upside. the bottom is a huge support
Continue on a second chance to buy in BitcoincashMidterm forecast:
*There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 0.1210 would begin in Midterm.
Technical analysis:
. The RSI bounced from the support #1 at 35 and it prevented price from more losses.
. While the RSI downtrend #2 is not broken, bearish wave in price would continue.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. Relative strength index ( RSI ) is 40.
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trading suggestion:
*We have already opened Buy trades, trade setup is drawn on the chart and shows entry and targets, the description can also be found below the image.
*If the Midterm level 0.1210 is broken, we will close these trades.
*Price may also reach 0.1210, if price reaches this level, there is a second chance to get more profit and reinvest by Daily-Trading-Opportunities signals. This is depends on personal strategies.
Total Profit: 40480 pip
Closed trade(s): 29326 pip Profit
Open trade(s): 11154 pip Profit
Trade Setup:
We opened 9 BUY trade(s) @ 0.09179 based on 'Valley' entry method at 2018.04.16.
Closed Profit:
TP1 @ 0.10400 touched at 2018.04.18 with 1221 pip Profit.
TP2 @ 0.12100 touched at 2018.04.20 with 2921 pip Profit.
TP3 @ 0.13300 touched at 2018.04.22 with 4121 pip Profit.
TP4 @ 0.14800 touched at 2018.04.23 with 5621 pip Profit.
TP5 @ 0.16100 touched at 2018.04.24 with 6921 pip Profit.
TP6 @ 0.17700 touched at 2018.05.06 with 8521 pip Profit.
1221 + 2921 + 4121 + 5621 + 6921 + 8521 = 29326 pip
Open Profit:
Profit for one trade is 0.12897(current price) - 0.09179(open price) = 3718 pip
3 trade(s) still open, therefore total profit for open trade(s) is 3718 x 3 = 11154 pip
Continue on a second chance to buy in BitcoincashMidterm forecast:
*There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 0.1210 would begin in Midterm.
Technical analysis:
. The RSI bounced from the support #1 at 35 and it prevented price from more losses.
. While the RSI downtrend #2 is not broken, bearish wave in price would continue.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. Relative strength index ( RSI ) is 40.
Entry signal:
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trading suggestion:
*We have already opened Buy trades, trade setup is drawn on the chart and shows entry and targets, the description can also be found below the image.
*If the Midterm level 0.1210 is broken, we will close these trades.
*Price may also reach 0.1210, if price reaches this level, there is a second chance to get more profit and reinvest by Daily-Trading-Opportunities signals. This is depends on personal strategies.
Total Profit: 40480 pip
Closed trade(s): 29326 pip Profit
Open trade(s): 11154 pip Profit
Trade Setup:
We opened 9 BUY trade(s) @ 0.09179 based on 'Valley' entry method at 2018.04.16.
Closed Profit:
TP1 @ 0.10400 touched at 2018.04.18 with 1221 pip Profit.
TP2 @ 0.12100 touched at 2018.04.20 with 2921 pip Profit.
TP3 @ 0.13300 touched at 2018.04.22 with 4121 pip Profit.
TP4 @ 0.14800 touched at 2018.04.23 with 5621 pip Profit.
TP5 @ 0.16100 touched at 2018.04.24 with 6921 pip Profit.
TP6 @ 0.17700 touched at 2018.05.06 with 8521 pip Profit.
1221 + 2921 + 4121 + 5621 + 6921 + 8521 = 29326 pip
Open Profit:
Profit for one trade is 0.12897(current price) - 0.09179(open price) = 3718 pip
3 trade(s) still open, therefore total profit for open trade(s) is 3718 x 3 = 11154 pip
BCH breaks neckline, more gains than BTCWatch my daily technical analysis on Bitcoin & other crypto alts like BCH ETH EOS IOTA LTC
BCH wonderfully breaks the neckline bullish at 880 after fakeout to the downside, with 3% potential gains. EMA 12 on 4H is now support, while 26 is resistance. We hadn't touched the 12 EMA since the big flush from 1100 down. 835 is now support on the 4H, while we have 2 resistance areas coming up with 900 & 950, and might have to consolidate before breaking those.
As BTC & BCH are almost correlated like Gold & Silver, meaning BCH is always more volatile, the gains to the upside are always more with BCH, but obviously, also to the downside.
So, watch out for grandpa, as it is still fighting with 4H EMA right now and might consolidate here a little bit before continuation.
If you find my analysis helpful, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Can BCH reverse from here?RSI is near oversold region.
Trendline support is seen in the chart.
Will this trendline support or will it break?
NOTE - 1.This is not an investment advice, its just for knowledge purpose.
2. Any suggestions or idea will be appreciated as I am learning TA.
BCH/BTC down channelBCH/BTC has managed to increase a little and to stay above UML of the descending pitchfork and above the lower median line (LML) of the ascending pitchfork. Price failed to reach and retest the upside line of the down channel so a breakdown below the LML and below the outside sliding line (sl) of the ascending pitchfork is still favored. Only a valid breakout from the down channel and above the sliding parallel line (SL) of the descending pitchfork will confirm a larger rebound.
BCH - ending DiagonalWe're getting close to the end of this correction in my opinion. Sentiment for crypto is very bearish at the moment, so I'm expecting a spike up soon with BTC testing 7200 and BCH testing 1030.
We have Bullish divergence on the RSI and we are very oversold on 6 and 12 hr Stoch. I personally won't be selling if we go a bit lower. We may very well double bottom with the ending diagonal.
Where from here? Not certain yet, but I think we'll have at least a 10% gain in the short term. Good Luck!
BCHIf BCH manage to break it up, it should give us a nice leg up. Good set up to open long here at the break out of the apex or you can take the risk and open before for more gain!! If you want to gamble, you can go there bitmex.com/register/YsZ2K9
Trade safe!!
BCHUSD - Are we looking at fractals?Looks like a mini fractal is playing out.
If you look at a smaller timeframe 1hr, 4hr, it looks like BCH is looking for a bullish continuation on an equilibrium pattern. I'm guessing this will take us to about 1500, at which point we the rest of the fractal will play out and take us back to the blue line.
Let me know your thoughts!
BCH: Open fire!Decreasing volume and triangle It means continuing UP! BTC looks good, so catch this coin. New BCH trend is obviously visible.
