BTC vs BCH - 1D Area, 50/200 MA, 45 Degree Trendline StudyTrying to figure out of BCH is going to kill the King.
Bottom line... it's pretty hard to tell. They are both trying to target the 200 MA, BCH probably having a slightly higher chance of doing so. Coupled with the fact that BTC (and all mining really) is not nearly as profitable as it once was, more miners may start switching.
Honestly, right now it hasn't been BTC miners selling coins.. it's been crypto people longing & shorting each other to death, rather than it has been BTC buying & selling to pay for goods & services.
If one of these breaks the 200 MA and the other does not.. give it the crown.
Challenge
LTC short 10%Based on my calculations we have profit after 2 attempts around -4%.
I pretty positive about this one. Pair is raging battle with 0.015000 level but it should be broken soon and this should open the way towards 0.01000000.
We are aiming here for around 30%.
If you follow just please let me know or just keep an eye on the comments just in case something will change.
Dash failed attempt to go below 0.050 and flag pattern on 4H 10%I marked something similar to triple bottom which snuggest that the psychological number 0.05000 created solid support which hold any attempt since 1st of April. There is nice strong movement and flag pattern(marked with dotted lines) on 4H chart. I would expect from this price action that the pair will move higher and I would look for TP around 0.077000 level. It is possible that the pair will go lower but as always I think 200 EMA will push the pair higher.
I would like to try the 10% challenge.(I will always try to go small bit higher because fees etc. will take some of the profit).
Basically I will take part of my portfolio and will put it all on the trade when it will reach 10% profit I will close position and then will look for another opportunity and when I will find one I will invest all the money plus profit from previous trade and I'm gonna do it like this for 50 times. I'm expecting that some of the trades will fail so I will put very tight SL to prevent big losses. I will only trade safe and I'm not looking for the risky trades. If you are following me and you are happy with the results for the last few months you can follow me with this one and trust me I will put my money on it as well.
I will mark every trade for this challenge with 10% at the end of the description same as this one
Trade 2 <> 100 trades Challenges <> only 4HHi guys i am starting a challenge where i will do 100 trades and see what my win trade is after the 100 trades. You can follow if you want.
This trade will be a completed gartley pattern with a retest on previous support area + support line. Will keep you guys updated when i enter the trade and get out it.
Trade 1 <> 100 Trades Challenge <> only 4hHi guys i am starting a challenge where i will do 100 trades and see what my win trade is after the 100 trades. You can follow if you want.
First trade is a head and shoulder + strong trend line and a bigger pullback to the 0.618 & 0.5 levels. Still waiting to short keep you guys updated
Current trades : 0
Current winrate : 0
Trade 4 <> 100 Trades <> only 4HHi guys i am starting a challenge where i will do 100 trades and see what my win trade is after the 100 trades. You can follow if you want.
In this trade we can see a long term ABCD pattern that is still active.
We also see a breakout of the strong trend line so price might retest that resistance zone