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BCHUSD

BCASH DEAD CAT BOUNCE INCOMING THEN NEW SLOW BLEED LOWS TO $14BCASH really took a nosedive since its all time high around $4500 down almost 99%, and has yet to recover even slightly. The previous bull run where most coins went to new all time highs or at least close to their previous all time high, Bcash didnt even come close and any gains it had made in that last run was deleted in almost one single weekly candle, which proves that BCash investors cashed out of this at both tops. Only ones still holding now are small retail investors hoping to get rich or thinking that this coin actually has a future,it doesn't. BCash died a long time ago. Interest is dying in this coin, and the 51% attack it suffered a couple years ago really put a damper on this coin and the rally that followed during the latest bull run was lackluster to say the least. Indicators on the short term time frame are showing some bullishness but longer term indicators bi-weekly and monthly are still bearish and at best this next run BCash will make one more dead cat bounce before its slow bleed out over the next few years down to double and even single digit lows. Also the creator of this coin Roger Ver is a felon for one and his most recent actions involving Coinflex was a shltbag move to say the least. He literally almost bankrupt the company because he failed to cover his $45 million dollar margin call that he promised he would. Dumbass made a bad trade and now doesnt want to own up to it. The exchange needed to raise money from other investors to be able to continue its operations. There is currently a lawsuit against Ver for this. Hes a crook just like Do Kwon and BCash will suffer the same fate as Luna. Take profits or forever hold your peace! This is not trading or financial advice this is just my opinions and speculations.
KRAKEN:BCHUSDShort
by Bitgolder
BCASH DEAD CAT BOUNCE INCOMING THEN NEW SLOW BLEED LOWS TO $14BCASH really took a nosedive since its all time high around $4500 down almost 99%, and has yet to recover even slightly. The previous bull run where most coins went to new all time highs or at least close to their previous all time high, Bcash didnt even come close and any gains it had made in that last run was deleted in almost one single weekly candle, which proves that BCash investors cashed out of this at both tops. Only ones still holding now are small retail investors hoping to get rich or thinking that this coin actually has a future,it doesn't. BCash died a long time ago. Interest is dying in this coin, and the 51% attack it suffered a couple years ago really put a damper on this coin and the rally that followed during the latest bull run was lackluster to say the least. Indicators on the short term time frame are showing some bullishness but longer term indicators bi-weekly and monthly are still bearish and at best this next run BCash will make one more dead cat bounce before its slow bleed out over the next few years down to double and even single digit lows. Also the creator of this coin Roger Ver is a felon for one and his most recent actions involving Coinflex was a shltbag move to say the least. He literally almost bankrupt the company because he failed to cover his $45 million dollar margin call that he promised he would. Dumbass made a bad trade and now doesnt want to own up to it. The exchange needed to raise money from other investors to be able to continue its operations. There is currently a lawsuit against Ver for this. Hes a crook just like Do Kwon and BCash will suffer the same fate as Luna. Take profits or forever hold your peace! This is not trading or financial advice this is just my opinions and speculations.
Short
by Bitgolder
Catching the BOTTOM for altcoins? NO!If you are trying to catch the bottom for a top movers from 2021 bull market and you´re dollar cost averaging all the way down, it may be not as good idea as it seems to be. Catching the absolute bottom is very hard and not many persons can do it. Most likely you will have to wait many months until you will be at the break even or you will make profit. Altcoins after dropping 90 % from the all time high can still drop another 90 %! In this analysis, we are going to have a look at BITCOIN CASH and NEO that were top movers in 2017 bull market and Solana which was a top gainer in 2021 bull market. Bitcoin cash: - If investors were trying to catch the bottom when BCH dropped 77 % from its ATH, they were down 92 % when BCH found its real bottom. - It took 48 months until investors were at the break even - The price never reached ATH from 2017 again. As we can see, NEO which was another top mover in 2017 didn´t reach its previous ath in 2021 bull market: More examples? XRP, XLM, DASH, IOTA SOLANA (just an example. We have nothing against the project or its team): Do you think that Solana will be different? Maybe? Ok. It did very well in 2021 and most likely, it won´t do super good in the next bull market in 2023 or 2024! Why? Because there will be many new coins with a new hype and without bag holders. Conclusion: - Dollar cost average into Bitcoin instead of your favourite altcoins. If you want to DCA into altcoins, don´t throw all your money in as your favourite altcoins can drop always another 90 % and nobody knows how much they will recover! - Waiting for new coins without bag holders may be not bad idea - Bitcoins is a safe bet! - Altcoins = high risk Feel free to share your opinion in the comment section!
BITFINEX:NEOUSDEducation
by vf_investment
10
Bitcoin Cash - Red Alert!I posted a chart on Bitcoin Cash a few days ago, you can check it on my profile and follow me for further updates. Here I present the line chart with a bull pennant type structure on RSI (Relevant Strength Index) and a symmetrical triangle on the candlestick chart. Most people would have this triangular shape down as an inverse bullish pennant, signalling a continuation to the downside, however, I see a symmetrical triangle and these structures can be both bearish and bullish. Because of the RSI showing a bullish pennant, my thoughts are that RSI will go up, which in turn would mean price goes up. You can see XRP already leading the way in the altcoin market and generally XRP leads the altcoin market into a bull run. There is also a good chance Bitcoin has topped in this cycle, so it wouldn't suprise me to see some of the funds in bitcoin swap back over to bitcoin cash, which has not completed a full cycle yet.
Long
by missedamillion
S&P is Falling - 4 Years Uptrend Channel to be BrokenS&P is about to fall through the 4-Years uptrend, I'm anticipating a move to around 3200-3300 - to be later decided what will happen next if/when we get there! but what about cryptos? does the correlation will uphold and they fall more too or they break away and unchain themselves from this correlation? personally i don't think they break this correlation anytime soon. keep a close eye on the market and be vigilant!
CAPITALCOM:US500Short
by TheRealJohnConnor
BCH/USDT : Broken below the rising wedgeBINANCE:BCHUSDT BINANCE:BCHUSDTPERP Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $BCH is breaking below the rising wedge with the current candle, However, It's better to wait for a proper confirmation below the wedge before taking any action. In terms of that, I'll be waiting for confirmation below the mark and take Short after it. - Stop-Loss should be located above $123.5 Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
2