BitcoinCash perfect follows Fibonacci Building horizontal line?BitcoinCash is perfectly following the Fibonacci sequence. I see patterns which looks like the chart is building an horizontal line now?
Will this be a steady point? Fluctuations will continue between 950 and 1670. Every time when the resistances get broken, there is a change the price will go more long above 1670 or more short below 950, and following fibonacci sequence prices will be touched. Interesting! I am very curious what will happen coming months/years.
Crypto currencies I don't trade as CFD's. Too much risk, mainly because they expire very soon every time. When you want to invest in crypto, I advise you to buy 'real coins' and not to speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash and Ethernum!
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My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators!
The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading!
My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility!
One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try!
How do I decide to open a position or not? First I analyse:
- sentiment on the market > are people in buy mode or short mode
- I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions.
- and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly.
- and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market!
- the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions.
And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period!
Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best!
Like my analyses? don't forget to follow me, so you get updated when I post new ones. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
Bitcoincashusd
Quantamize Machine Learning Crypto Signal Update Bitcoin Cash Quantamize proprietary Machine Learning algorithms have generated a 3-day "Don't Own" signal for Bitcoin Cash as of 3/9.
We will be updating and producing more signals today and posting performance as well - stay tuned!
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Any updates to this 3-Day forecast will be shared, as signals are re-run daily.
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BCHUSD: Bitcoin Cash - Price Action AnalysisThere is an interesting BCHUSD setup. The strong bearish bar broke the previous structure low and support level at 1142. Now that support acts as resistance and there are two scenarios that most likely develop.
The BCHUSD price action shows that the sellers controlling the price last few days. However, there is a slight shift of power in the last hours. The last 4H bar is bullish and buyer may push the price up and backtest the breakout. The second scenario is a more aggressive approach to go short and consider this as a valid breakout. However, I prefer to wait the market to see how the price action develops and then take the position.
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BCH vs USD - Bitcoin Cash on the road to recoveryThe Bitcoin Cash market has slowly been recovering alongside BTC, lets take a look at the chart to get an idea of where we stand vs the Dollar.
We can see that the candles are making higher lows on the 4 hr candle chart.
This is a good place for the higher risk trader to get in on the action, stacking buy orders down into the $1260 support zone for quick gains on the way to $1300. Please note this is not advisable for the new trader, markets can change quickly.
The safer entry would be when markets consolidate above $1300 – $1360, providing we have good trading volume, this will be a good confirmation for the new bullish trend.
On the flip side should $1260 fail, we will most likely retest previous support at $1200 – $1000
Short term support is around $1200 and we have solid resistance above $1360, lets be patient while the bulls and the bears battle out.
Feel free to discuss this trade idea with me on Discord. Safe trades.
Quantamize Machine Learning Bitcoin Cash 3-Day Forecast SignalQuantamize proprietary machine learning algorithms have generated a 3-day "Do Not Own" signal for Bitcoin Cash
Quantamize's machine learning algorithms produce signals on over 25+ cryptocurrencies with accuracy rates well above 60%.
Any updates to this 3-Day forecast will be shared, as signals are re-run daily.
We will be rolling out this product for 25+ cryptocurrencies as well as 4+ crypto portfolios, which can be seen our website in the signature below or by checking out our profile.
BCH-Bearish Beating LongtermNot Financial Advise!
BCH has several Bearish Reversal Signals on the 4h. I see a Head-and-Shoulders pattern forming with a confirmation at 700USD. Used just wicks for the pattern so maybe more unreliable.
The Volume is also declining to the right which would confirm the validity of the bearish-reversal.
This especially doesn't look too Bullish for me at least, but the prices are generally speaking on the bearish side of things so dunno could be the market sentiment....
Also Lines crossing on the MACD which signals bullish weakness to my amateur eyes.
*Insert Optimism*
Please prove me wrong! Arguments if possible.
Out of a bullish perspective I could hope we find Support at the 78,60% Fib-level, the blue line, but i think we tested that support already 2 times lets see if that was too often.
If i would do anything then short it maybe somewhere around the 78,60% Fib-Level with 20-25% Stop-Loss just for the adrenalin rush.
We have a confirmation of the longterm Head-And-Shoulders if it closes below 700USD, and shortterm the next important support is at around 1000-1100USD.
This Idea should be seen as pure speculation same as the whole market.
Peace!
Bitcoin Cash Buying Opportunity - 650% ProfitHello Guys. I am Bullish on Bitcoin-Cash/Bcash. As we look at the chart history, It gives us a clear picture. Every-time after 75% correction, There a huge uptrend. we may consolidate for a day or two, Slowly but surely we are moving up.
Buying Zone: 800-1150$
Target 1 : 1396$
Target 2 : 2500$
Target 3 : 3700$
Target 4 : 6500$
Stop Loss: 765$
There is no panic needed. We are now in reversal.
Note: Don't forget to put the stop loss.
BITCOIN CASH DEPENDENCE BITCOINPOSITIVE
Moving in triangle in uptrend channel and wait for break out and fixed above resistance line – first point is resistance level (RED BOX), after small correction we will go to next fibonacci level (GREEN BOX).
IMPORTANT SYGNALS:
BTC will shows bullish scenario
NEGATIVE
We will break out triangle down and continue deep correction to the next support level.
IMPORTANT SYGNALS:
BTC will shows bearish scenario (New government regulation news)
Bitcoin Cash BCH to 700% - 1,100% Long Hodlers (LOW RISK)Bitcoin cash is up to 1,100% trajectory path by year's end with indicators looking very bullish in long term
There are numerous benefits of Bitcoin Cash over Bitcoin, one of which is transaction cost.
It has huge potential in out point of view. Should you buy BCH now? Only if you're able to hold for a minimum of 2 month.
Invest what you can afford to lose. We are not your financial advisors.
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 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.
BCH/USDBCH is currently consolidating in 12h cloud.
From there it may rally for a new all time high.
It seems that it's currently somewhere between Elliot wave 4-5. Even if this is not clearly seen with candles, it can be seen with lines.
It also seems that it's forming a pennant
I expect that the 5th wave to be at least the same length as wave 3, but it can be slightly lower.
This is an update for old prediction
BCC/TETHERWe may be in a good BitcoinCash buyback zone, a minimum zone of value before starting a possible Elliot wave 5 that can reaches the red lines zones.
Likely Targets :
1 - $4100
2 - $5000
3 - $5400
BCH/BCC USDIt seems that BCH still has momentum.
Daily, 4h and 3h Stoch RSI and MACD still looks good.
It may turn resistance into support.
As we got used, the BTC money seems to have moved to BCH for a while.
It may still do a 75% retracement but I think that not ontil BTC will start to move upward again.
It may hit 9.5-10k.
This is a risky trade as BTC might pump again and BCH price might decrease.
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.
BITCOIN CASH - Symmetric Triangle Pattern, 100% Profit PotentialThis graph shows where bitcoin cash could be heading next in terms of surprise, I have predicted that there are two possibilities of where the value could head one being in the upwards Direction towards the $4,600 Mark and the other being the opposite trend at the $1,500 Mark. This is quite unlikely as you would take use cell value in order to push fit quick cash to this price, however, we should take it into account as if the $2,000 Mark is broken downwards there is a possibility that we could head to that price.
The more positive side is that there is a higher chance for the currency have another increase and return back to the previous house we'll probably find some consolidation and resistance.
MACD - Lots of Potential for upward movement.
RSI - also leaves space for an upwards trend more so than downwards.
Orange - Resistance.
Pink - Support.
As always trade the lines accordingly.