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Bitcoin-cash

BCHUSD Experimental Elliot Wave Setup 1 Hour I guess I'm going to start calling this the Mikeiavelli Wave since it's not exactly an Elliot wave, but really just an Elliot wave setup that is using price's distance from an exponential moving average to chart the wave instead of the literal price action of bitcoin cash/bitcoin. So I spotted something while setting up this BCH chart, and that the targets of two waves, one a sub wave, line up the 1.618 and 1.414. Funny thing is this is the same for bitcoin's chart: Not sure what to make of the confluence, I suppose in the initial wave, if the btc/bch ratio stayed the same, then the waves would have the same fib ratios, but this was over quite some time, so on jan 24th, the ratio was .036, and on the 4th of feb, the ratio was .041 So anyways very interesting, will continue to look for this harmony, and maybe check ethusd next. Original Experimental Elliot Wave: Previous Analysis:
COINBASE:BCHUSDLong
by Mikeiavelli
BCH to around 1500 a real possibility! Traces of trend reversalWeekly candle charts are more accurate than daily candle charts, monthly are better than weekly and so on and so forth. Here we are looking at the monthly. We see something very nice. We see higher lows! It looks like we are on our way to retest 517 (our previous high) If we go over 517 or rather 520 (the crowd likes nice round numbers) then according to the monthly chart we don't have much stopping us getting to the price of between 1348 & 1842. Which would be an insane price jump. Higher lows is good but not a guarantee that the we are in an upwards trend, higher high is a better indicator so we shall wait and see. With the bitcoin halving coming up I speculate we will see a nice jump over that 520 mark and then whatever happens, happens. There is a natural resistance at the 1000 mark. I'm aware of that. Can't wait to see what unfolds. As always! These are all probabilities and possibilities. Just like in holdem poker AA doesn't always win! But looking at this, I feel like I have a nice hand where Im willing gamble with it. If it doesn't pan out I take a tiny loss and live to play and wait for my next good hand. Good luck! Be smart and always protect your money at all costs! It is the most important thing you need to learn.
COINBASE:BCHUSDLong
by denopoly
Bitcoin Cash - Buy when it's cheap and sell when it's high.Hi friends, looking at the chart Bitcoin Cash price was playing in the range between two horizontal lines. And recently in med-term (4H timeframe I mean), it drew Falling wedge, and broke up finally. So what can we do at current minor signal of altseason? Binance coin finally got golden cross (50EMA, 200EMA). and the price is at the support line I think. And why I think it's cheap, is my RSI pivot support/resistance line says it's oversold, and SToch also oversold. Enjoy the trading with strict risk management. Please press like button if my analysis is helpful. Thank you guys!
BLong
by SellHope