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Bitconcash

BCH/USDT will probably go out of the banner shock!BCH/USDT will probably go out of the banner shock! 🚀📈 Exciting News! 📉🚀 📉 BCH/USDT has recently experienced 5 consecutive days of slight decline, indicating the release of short selling momentum. But wait, there's more! 📈 The positive trend is pulling up, showing signs of a potential upward surge! 💹 💪 With the closest support around 225.04 (June 29, 2023 opening price), the outlook is promising for potential rebounds! 📊 🚩 Get ready for a flag-shaped oscillation pattern ahead, offering opportunities for both short-term traders and long-term investors! 📈🚩 🌟 Don't miss out on this golden opportunity! Stay tuned for potential profits as BCH/USDT prepares for exciting price movements! #BCH #USDT #ForexTrading
by Think_More
BCHBTC pullback before continuation?BCHBTC could be setting up for a viable long opportunity right now with a possible continuation of the uptrend setting up. Ideally a trader would be looking for a pullback here to the golden pocket which clusters up nicely with the 0.5 line of the previous move. However to some, there is already enough reason to enter, with the break of the previous candle which was somewhat bullish. Either way make sure your stop is set appropriately. A stop behind the bottom of the recent move is still a 10% stop, so adjust position size accordingly. Disclaimer: Bitcoin forks (BCH and SV) aren't really my thing and I don't trade them. But it helps to be aware of what is happening with these coins if you are a proponent of Bitcoin. Also interesting that BCHTC is technically providing a better setup than BSVBTC right now despite SV's hype. BCH has also reclaimed the number 4 spot from SV in market cap.
Long
by mastaplan
Bitcoin: Next stop 12500Bitcoin has been correcting in an ABC pattern since December last year. Five waves of the A wave were completed at around 6400. The B wave started at this level. The B wave itself is made up of smaller a, b and c waves. I correctly predicted the start and the target of the latest correction wave (see some charts copied below). Now, I think that there are two possibilities: Bitcoin could have already completed smaller a and b waves and could now be getting ready to move into the smaller c wave (see a chart below). The big B wave will complete after the completion of smaller c wave. It could have only completed wave (i) of the smaller a wave and the rest of the structure of waves a, b and c is yet to unfold (see the main chart above). Interestingly, Bitcoin will move up to around 12500 in both situations! Other altcoins are also expected to follow a similar pattern. Cheers ND
BITFINEX:BTCUSDLong
by ndau
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