BCHBTC trade ideas
BCH/BTC - Why Bitcoin Cash is now heading towards the abyssOver the last few days - especially since the IPO filings of Bitmain - it has become clear that the price of Bitcoin Cash has only been artificially propped up by mainly one dominant player, which is Bitmain. It has become clear that Bitmain has made a losing bet. The price of BCH cannot be artificially held up any longer, and therefore it will only go down from here.
In short: Bitcoin Cash is dead, and it won't return anymore. This is what has become clear.
Today, the price of BCH has finally started selling of below the 0.9 BCH/BTC price.
For further reading:
medium.com
Please note that this article was already published on 1 March 2018, 5 months ago!
medium.com
And see various Twitter accounts, such as Vijay Boyapati (@real_vijay), Parabolic Trav (@parabolictrav), and others.
In my opinion this is fundamentally good news for Bitcoin (BTC).
BCH is a money maker :)BTC/BCH - No need for debate when it comes to profit. Last year the split caused uncertainty but the fear proved profitable. Maybe in these dark times for altcoins we can profit from the big dogs again? This is just and idea... I got lucky with this pairing but I don't favor either coin. They're the big dogs in the cryptosphere so might as well accumulate more while I can! Seems like these fun patterns happen regularly so we'll see!
BCH/BTCI don't think i can recommend a buy here of BCH in BTC. I usually purchase BCH in Usa for a start.
Sill a lot of resistance here and even its big run only made 80% gains previously.
It may make an impulsive wave 1 here but i wouldn't chase it. I would wait and if interested catch it on the wave 2 retrace and look for an entry there
BCHBTC Long idea (Shitcoincash)All alts have been absolutely taken down, Rekt hard, most are down 50% , but after the insane pump of BTCUSD 0.05% from 6350$ to To 7500$ , betting on them making 20-30% moves in the coming days, although we might see them dump a bit more if BTCUSD 0.05% continues to make moves , but once it starts ranging , should give alts room for growth, BCHBTC 0.38% has also been absolutely Rekt , looks very close to the bottom from here , broke out of the falling wedge and now going for a retest , bullish on it , targets are on the chart , there are 2 possible scenarios here , first it bounces after the retest of the falling wedge , while second it does not bounce and falls right through it , I take it as a 30/70 ratio , with the second scenario most likely to happen , as i expect more moves from BTCUSD 0.05% , alts should dump a bit before they start to make move up, if first scenario is happening , entry is around this price, entry for second scenario is on the chart , although on the daily chart , indicators look very bearish , Stoch RSI crossed bearish and falling from overbought conditions , Stoch crossed bearish , RSI Neutral , only the MACD is bullish , this also makes the second scenario very likely , please do not forget to like and comment if u like what am doing here ;) , I made a chart about BCHBTC 0.38% few days ago , will also share it along with this , that was before it broke out of the falling wedge , although i did not indicate the targets and it was on a 4hr time frame. Will leave the link below this :)
BITCOIN CASH (#BCH): Trend Reversal - Head and Shoulders patternBCH bounced off the bottom line of Triangle pattern and is rising now. Now, I can see new pattern - bullish Head and Shoulders with the prospect of going up. Meanwhile BCH is heading EMA21 trend resistance. In case of breaching this resistnace, BCH will go to price level between 0.120 - 0.125BTC.
RSI and Stoch looks pretty good too.
I hope you enjoy my charts, please writte your comments, hit that like button or follow me. Thank you!
BCH - Long way to goDear friends!
Actually we are in an ABCDE Elliott Correction Wave. This correction will go on.
As u can see we had some bounces from 62% and maybe 78% Fib Retracement Levels (left Fib)
When correction is over, we got targets @0.127 and 0.165 ... and, if u want to also 0.148 (right Fib)
I expect a full correction to our support/buy area @0.09. If u buy around 0.1 ... you are pretty safe and dont miss the run.
The whole movement is also displayed in RSI. Elliott Wave / trendlines ... supporting this idea.
Happy trading!
!! Mention: This is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
PS: I marked both targets as TP1 .. cant change it anymore :(
Simple analysis. with 2 entriesSimple chart, with entries and exits
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, please PM me.
Thank you,
Ajion
BCHBTC ShortWhy wouldn't you be short here?
Weekly view is the single most eye opening thing I've looked at this weekend for many assets...
I am shocked and appalled with myself for not seeing this so much sooner.
If you're late to this party, I wouldn't worry, I am confident in the 100% retracement.
See you there.
This is not financial advice.