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.
Btrash
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.
BCHUSD: Ascending Triangle With Daily Moving Averages Coiled UpAscending triangle drawn on 4hr chart (similar to LTCUSD as well as ETHUSD ) and applied to 1 day chart due to relevant moving average resistance above triangle to be cautious of. A move above $313.30 would create a new swing high while breaching the 50 & 200 Day MAs (that are trying to bear cross) making the trade a position worth risking. The measured move for the breakout is $346 (+10.5%) with a 2.3 ratio. BCH is still btrash though.
Crash the trashTime to take the trash out, triggered BTRASH fanboys are welcome to leave butthurt abuse in the comments section, especially if I'm wrong.
Roger Vertesticle.. BCH Weird Pattern IDEA 80% GainsBCH or BCC or BTRACH BCASH Bitcoin CASH.. Whatever ... !!
Is history about to repeat itself with this weird manipulated coin.
Previously the 4 hour rsi gave us a small pump a then pullback b before hitting point c
Now it looks like it may happen again.
Again this is a WILD idea and risky trade but a fun one that im gonna have a stab at.
Good luck
ROGER VERTICAL BCASH 50% profit easyBCASH looking like it could potentially pop out of descending downtrend resistance line. Look for break out on increasing volume.
DAILY RSI looks good, MACD could be a bit more convincing so if you feel more comfortable wait for the daily MACD cross. STOCH looks good,
Take profits in zone A B and C
Stop loss for this trade should be placed @ 2032 below the last swing low.
LINES were drawn on the 4 hour time-frame this is why they might not look accurate but they are :) also we got a 4 hour MACD cross
BCASH Tightening RANGE about to POP??Is BCASH going to break bullish . Lets hope so.
Again buy on break of 2905 resistance and look for increasing bull volume to confirm the move.
Take profit in Zone's A between 3700 and 4500 roughly
Happy trading.:)
BTRASH Round 2.. Give me more money BTRASHSo BCASH looks like is forming a nice tightening range about to POP again..
Looking for a 20-25 % profit take before next consolidation
MACD look like its starting to converge
Look for break of 3636 OR 3518 resistance on INCREASING BULL Volume
Stop loss 3175
Happy trading..
Remember wait for that break and Volume then buy on the ASK.
:)
BTRASH OR CASH .. :) NEXT PUMP BCHWith BTC being like what the internet is with a dial up modem back in the 90's can Btrash have a nice pump that we can profit from. Also with the latest Shills shilling the Bcash name like Jeff B and Bitcon.com co-founder selling his BTC for BCASH i think this could be a nice gamble..
The 4 hour RSi level is Overbought at the moment so I would wait for a correction and that at the last point of resistance. The daily MACD has crossed which gives us a bullish signal
Profit levels A B and C. I will try scaling out of my position and increasing my stop loss..
STOP LOSS = .09231373
Comments welcome
Best of luck :)