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Bitcoincashforecast
Bitcoincash/bitcoin -time for a huge candle?There is divergence, but at the same time instinct says the downtrend breakout has happened from the triangle..
I guess since the hammer formation is happening, at 0.786 level, i guess, further down side is covered, and an uptrend to 0.618 levels can be monitored...
Disclaimer.. not trading, just watching the situation unfold....
BCH/USD Leaning towards the bearish sidePosition: Leaning Bearish.
I am going to trade BCH because it made for a great trade last time it got clobbered. While I didn't trade it last time, I will look to scoop up smaller amounts on the way down in a martingale fashion. If you scooped up shares down to 800, you made a great ROI on the way back up, even if you got out at the 1200-1300 area.
Bear indicators:
1. MACD averages crossing down, but... still in positive territory.
2. RSI is in oversold territory and it's topped while showing signs od divergence
3. Hit it's massive trendline that has proved resilient.
For all of this to be confirmed, we need a break of that $1300 support level. It could very well break up, but we will at least go sideways for a little while.
Happy Trading
-Sherem
#BCC BCC BITCOIN CASH CUT AND DRY SHORT UNLESS BREAK BULLFLAGI THINK THIS IS OBVIOUS BEAST TO WATCH.... TO FINISH BIGGEST TREND ON BOARD IT HITS E.... HOWEVER COULD PICK UP STEAM IF BITCOIN BREAKS..... WATCH CAREFULLY OVER NEXT COUPLE DAYS IF IT CLEARS FLAG BUY.... OR BUY IN BUY ARE E & C
BCC USD BEST BUY AREAif the price of 770 is passed, BCC USD will continue down to the 610- 415 , I can only recommend buying at low price of 610,550, 415
This road map is just a prediction. I do not guarantee 100% right. I always use this way to get maximum profit. buy at low prices and sell at high prices. with reference RSI Oscillator (Weekly) in oversold or overbought Level area.
Do not entry all your capital, Please divide into 3 positions. 20%, 30%, and 50% .
Caution: Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose.
# Be humble and patient. Do not fight the markets
Thank you.
Bitcoin Cash - BCH - The silence before the storm?Bitcoin Cash - BCHUSD
We can see that Bitcoin Cash has been struggling to regain its bullish momentum, however we find ourselves in a tight trading range between 1500 – 1700.
In this kind of scenario we would expect to see some action within the next few days.
Looking at BCHUSD, a breakout to the topside could take the prices up to the 2000 zone, where we would expect some resistance.
Should prices fall to the bottom we could see a selloff and prices could drop as low as 1200 or even lower.
Short term support is at $1400 – $1500 and resistance is at $1600 – $1700.
We will consider going long should prices drop into the $1400 zone, buy order could be stacked down to $1000 in case of a selloff.
We will consider going long on a breakout trade should prices consolidate above $1700.
Feel free to discuss this trade with me at the best Crypto Trader hangout .
Excellent Long-Term Hunting Opportunity in BCHUSD, Don't miss itTrading suggestion:
Price is in the support zone (1688.65 to 1334.70), traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Beginning of entry zone (1688.65)
Ending of entry zone (1334.70)
Take Profit:
TP1= @2097.35
TP2= @2311.35
TP3= @2746.50
TP4= @2947.50
TP5= @3167.25
TP6= @4088.05
TP7= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. Relative strength index ( RSI ) is 40.
.Current short-term is range bound, but resumption of uptrend is expected.
Excellent Long-Term Hunting Opportunity in BCHBTC, Don't miss itTrading suggestion:
Price is in the support zone (0.1480 to 0.1336), traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of entry zone (0.1480)
.Ending of entry zone (0.1336)
Take Profits:
TP1= @0.1669
TP2= @0.1769
TP3= @0.2010
TP4= @0.2185
TP5= @0.2440
TP6= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. Relative strength index ( RSI ) is 43.
.Current short-term is range bound, but beginning of uptrend is expected.
BITCOIN CASH HOURLY GANNDANIEL BRUNO,CHARTERED MARKET TECHNICIAN
OBSERVE THE PRICE OBEY THE 45 DEGREE ANGLE, DRAWN FROM 1512, THE FAILURE THEN THE RESISTANCE, CURRENTLY IN THE 2X1
90 DEGREES 1515,1526,1545,1572,1607,1650,1701,1760,1827,1902
0 DEGREES 1513,1522,1539,1564,1597,1638,1687,1744,1809,1882,1963,2052,2149,2254
GANN CALCULATOR:
BUY SIGNAL IS 1521 WITH TARGETS 1539,49,59,69...
SELL SIGNAL IS 1511 WITH TARGETS 1502,1492,82,73,64
Excellent Long-Term Hunting Opportunity in BCHUSD, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (1744.8 to 1334.7), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of entry zone (1744.8)
.Ending of entry zone (1334.7)
Take Profit:
TP1= @2183.70
TP2= @2311.35
TP3= @2767.30
TP4= @2947.50
TP5= @3167.25
TP6= @4088.05
TP7= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 41.
.Current short-term is range bound, but resumption of uptrend is expected.
Excellent Long-Term Hunting Opportunity in BCHBTC, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (0.1480 to 0.1336), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of entry zone (0.1480)
.Ending of entry zone (0.1336)
Take Profit:
TP1= @0.1669
TP2= @0.1769
TP3= @0.2010
TP4= @0.2185
TP5= @0.2440
TP6= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 46.
.Current short-term is range bound, but beginning of uptrend is expected.
BitcoinCash #BCCUSDT - possible downward correction?The price of BCCUSDT had completed the impulsive wave at the level of $4,198 and now is developung a complex corrective wave 2. There is clearly missing wave C of this correctiion. If the level of 2059 will not hold, then the implsive cycle to the downside might bring another leg down to the level of $1,810 and below.
Excellent Long-Term Hunting Opportunity in BCHBTC, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (0.15630 to 0.13355), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Take Profit:
TP1= @0.1669
TP2= @0.1960
TP3= @0.2105
TP4= @0.2185
TP5= @0.2440
TP6= @Free
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 51.
Current short-term is range bound, but beginning of uptrend is expected.
BCC looking to breakout to $5555Solid resistance that Bitcoin Cash keeps testing. But it's also got SOLID support movement upwards as well.
It's coming to a point of decision and I'm thinking it's going to break through the resistance.
Looking for a target of $5555 within 30 days!
Excellent Long-Term Hunting Opportunity in BCHUSD, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (2285.90 to 2042.05), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Take Profit:
TP1= @2746.50
TP2= @2909.40
TP3= @3160.00
TP4= @4088.05
TP5= @Free
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 50.
.Current short-term is uptrend and continuation of uptrend is expected.
Excellent Long-Term Hunting Opportunity in BCHBTC, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (0.15630 to 0.13355), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Take Profit:
TP1= @0.1669
TP2= @0.1960
TP3= @0.2105
TP4= @0.2185
TP5= @0.2440
TP6= @Free
Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
.Relative strength index (RSI) is 55.
.Current short-term is range bound, but beginning of uptrend is expected.
Excellent Long-Term Hunting Opportunity in BCHBTC, Don't miss itTrading suggestion:
There is possibility of temporary Retracement to suggested support zone (0.15630 to 0.13355), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of entry zone: (0.15630)
.Ending of entry zone: (0.13355)
Take Profits:
TP1= @ 0.1669
TP2= @ 0.1960
TP3= @ 0.2105
TP4= @ 0.2185
TP5= @ 0.2440
TP6= @ Free
Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
.Relative strength index ( RSI ) is 55.
.Current short-term is range bound, but beginning of uptrend is expected.
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 Ascending Triangle Breakout (BCH/USD)Through multiple attempts to breakout of its long consolidation inside of the ascending triangle, BCH has finally broken out of the resistance line with apparent volume. If you are looking to enter BCH, a strategic entry would be when BTC begins to fall or descend from a peak.
Target: 2100
Time Frame: 5 Days