Current waveIf the current wave can break through the previous ceiling area at $104.6, we can expect price growth to continue up to the ceiling of the main descending channel at $110.4. But if the price goes back below the $100 range due to selling pressure, a retest of the $95 support is likely. In general, in the daily time frame, we expect the range trend to continue.
Bitcoincash
Unplugged in the crypto verse#1When i got into crypto, something just clicked i knew this would be future. So began my journey into the rabbit hole. Crypto profitability was something that i realised is the holy grail. So i began working on articles to where it started with bitcoin. I will be referencing this articles from time to time.
SIDE NOTE"So the big news of the time is the ftx scandal with Sam bankman fried. "
You have some cash and want to convert into crypto. Here are the steps.
1). Find an exchange;i use binance mostly.
2). Create a metamask wallet.
3). Get your crypto off exchanges if you are not trading.
4). Transfer your tokens into your metamask wallet. Congratulations you are now a crypto degen.
5). Exploring dapps into the crypto verse is mind blowing.
Some of this concepts i think are so revolutionary that they will change major industries in ways we might not imagine now.
The more you are in crypto, the more you realize how early you are. This space needs time. We need to root out the bad actors after every bitcoin halving. Thats the reason for the pain you are feeling now." Everyone is a genius in a bull market"that quote has stuck with me. Bitcoin needs the liquidity crunch that's how ecosystems evolve.
1).Financial dapps in the blockchain may be your best bet. That's why i advice you to start. Look at aave, compound, maker, uniswap e.t.c.
2).Crypto gaming maybe alternative, splinterlands, gods unchained,mobox e.t.c.
Also under crypto gaming, look for games with growing users that are verifiable within the blockchain.
Most of this exchanges will offer exchanges which users trade nfts within the game.
3).crypto trading with bots maybe your best bet at automating a crypto strategy. I personally use pionex.
All my articles are linked below free to read. Thank you for giving crypto a chance. Cheers.
✳️ Bitcoin Cash vs Bitcoin | Maximize Earnings PotentialHere we have Bitcoin Cash and an uptrend has already been set.
As many people say, all that is left is to follow the trend.
We can easily see 40% growth on the next bullish wave.
If you use bitcoin to buy BCHBTC and bitcoin grows, you do not lose out on anything...You get to earn from both, BCH and BTCs growth.
That's the beauty of the Altcoins vs Bitcoin pairs when both together rise in price... Your bitcoins are multiplied and at the same time these bitcoins value also rise.
Win-win-win.
For this, you need to trade/buy using BTC.
Namaste.
Bitcoin Cash Lags Behind But Not For 10X Long (85% Possible)We are seeing how Bitcoin Cash (BCHUSDT) is lagging behind some other altcoins but we believe this won't continue to be true for long.
The early/mid November shake-out has been completed and what follows is a bullish jump.
Today BCH moves above EMA10 after multiple days of consolidation.
The RSI is still weak but the short-term bias is pointing up.
The easy target is set at 20% or $133.
The next target on a higher high is $208.
We are active with 10X on this one.
You can find more high-risk lev. trades in the "Related Ideas" below.
Thank you for reading.
Namaste.
Coinbase to delist Bitcoin Cash (BCH) from Coinbase Wallet last chart
Coinbase to delist Bitcoin Cash (BCH), Ethereum Classic (ETC), XRP (XRP), and Stellar (XLM) from Coinbase Wallet!
My price targets:
BCH/USDT short
Entry Range: $108 - 113
Price Target 1: $88
Price Target 2: $79
Price Target 3: $70
Stop Loss: $129
Bitcoin Cash Strong | Daily & Weekly TimeframesIt may look weak but it isn't...
Trading above EMA50 is very strong for the bulls.
We even have a bullish cross forming for Bitcoin Cash vs Tether (BCHUSDT) between EMA10 and EMA50.
On the weekly timeframe, BCHUSDT is now trading above EMA10 after 4.5 months of sideways (consolidation)...
After consolidation comes the bullish break.
Namaste.
Bitcoin Cash Retracement LevelsSaint Kitts and Nevis may be adapting BTC as legal tender in 2023, but that won't prevent the asset from retracing first, which works to the advantage of the savvy crypto investor. I see BCH reaching possibly beyond the 2.618% Fibonacci retracement level in the short term as the markets reset during this bear winter. We may markup, but any markups above TRR most likely will not be sustained prior to the macro sell-offs.
**Like making money? Be sure to subscribe for more clean, accurate, easy-to-follow swing charts with high win ratios (80-85% average).
Not financial advice. Always DYOR and trade at your own risk.
Bitcoin Cash | Not Ready, Not yet; Potential For LowerYesterday Bitcoin Cash (BCHUSDT) tried and failed to move above EMA10 and EMA21.
We see this rejection coupled with high bear volume.
Today we are seeing prices growing below EMA10; bearish growth.
This is bad news as EMA10 is our main indicator to gauge the short-term potential of any cryptocurrency trading pair.
We can also see EMA50 or $110 as a strong barrier, this is the level to break for positive CHANGE.
Any trading below $104 and we can expect lower prices...
Targets: $95 is possible but even $80 is on the cards and lower...
Let's wait for the bottom!
After we hit bottom, we definitely will have long-term growth... That's the meaning of bottom, it can't go lower and this will be set in the next few weeks, maximum a few months.
See the related trade ideas for more.
Remember, I am always grateful for your continued support.
Namaste.
Bitcoin (BTC) formed bullish Shark for upto 16% pumpHi dear friends , hope you are well and welcome to the new trade setup of Bitcoin ( BTC )
During the previous dump, we cauth a nice pump of Bitcoin as below:
Now on a daily time frame, Bitcoin has formed a bullish Shark pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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.
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.
BCH - Nothing Much To Say Here... Just Use Your Eyes On This OneCrashing structure between Bitcoin 2019 and Bitcoin Cash (BCH) looks nearly identical. Will see what happens from here, but i am 90% shore we will see a breakout from here in the next week/weeks.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
BCH - 1st and 2nd TPs Have been Reached!!I have been short BCH from 138.50. This was a short-term trade just to pocket a few bucks. My targets were 111.00 (1st TP) and 107.00 (2nd TP) zone respectively. These two zones were successfully reached.
Check out my previous analysis in the RELATED IDEAS section below.
PRICE ACTION AND PATIENCE ARE KINGS!!!
BCHUSD - Long Position - OversoldLooking at the chart of BCHUSD we can see an oversold condition on 4h timeframe which means a long position is possible.
Following the Bollinger Bands and the RSI 14 we can see the price has touched the lower band and the RSI has been below 30.
The aim is to take profit at the resistance line shown in the chart.
All further details are shown on the chart.
Goodluck!