BCHBTC trade ideas
Long-term TrendBitcoin Cash is looking bullish in the long-term.
We have found support on the 0.786 Fibonacci retracement level.
This support line is very strong especially because it's on the border line of the small and big volume node, meaning trades were abundant above the support line but whenever it touched the support line it bounced back up or it needed a big volume to swiftly pass it.
We also have a huge ascending support line coming from last october.
Then we have a descending wedge which is often a bullish sign.
I believe we have a ABC correction wave within this wedge.
We've hit the top resistance line of the wedge three times, usually the breach occurs on the forth time.
This is BCH/BTC chart, so if Bitcoin goes up together, we'll see massive profits.
Good luck with your trading :)
Inverse Head and ShouldersPotential setup inverse H&S on daily BCH/BTC chart shown initially by @arjunkkohli
BCHBTC BTFDI Will be taking the fibs as targets in case my orders get filled at the marked buy support.
BCHBTC Bitcoin Cash best time to buy.BCH broke out 200 SMA and it is starting uptrend.
Now It is falling back 0.09000 to 0.08000 as a retest.
I hope next level is 0.09500 next month.
Bitcoin Cash - not Bitcoin - is the place to be right now !!For the next 2 weeks at least, BCH will probably outperform BTC dramatically.
I think it is still not to late to enter a position.
However I would wait for retracement.
BCH/BTC 480...Ya'll Can Keep My Exes...Preppin an Entry here... Yes, a large buy zone.
Disclaimers and all that...
Longmoney
BitcoinCash (BCH) Update: Looks Like We're Going Down A Bit MoreA submerged crossover means that we still have margin to down… in addition, all the indicators in our setup corroborate that.
Let’s take a closer look at each one…
RSI – Since oversold levels have been reached recently, we’ll probably only touch the 30 limit in the subsequent dips.
Stochastic RSI – Clearly indicating a downward trend, confirming the submerged crossover.
Stochastic – Reaching oversold levels soon is very likely.
MACD – It’s getting bullish in the long run, but probably the reversal will be delayed with a few more dives.
The scenario is probably going to be interesting for a jump in soon… it’s worth keeping an eye on. But don’t be in a hurry… always wait for a deeper dip, so you can define your entries more clearly and with a safer margin. Also stay tuned for our future Bitcoin Cash updates.
Conclusion: We can expect lower lows, but a reversal should’t take too long. Another important factor is that the market is usually governed by bitcoin movements… an analogy is the way the moon influences the tide of the seas. Bitcoin pairs act similarly to altcoins pairs… and Bitcoin is following a similar trend to what suggests this Bitcoin Cash analysis, reinforcing the indicators.
BITCOIN CASH: BSV TOKEN & BITPAY INTEGRATION - PROFIT = 18.33% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 30th of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 18.33% PROFIT!!!
The increase in price may also be explained by positive developments including:
Dec 2017: GDAX reallows access to Bitcoin Cash 4.78% 6.48% trading.
February 7: Decentralized marketplace OpenBazaar has added support for bitcoin cash 4.78% 6.48% .
January 10: Cryptocurrency exchange startup Coinbase has blamed overwhelming demand from buyers for issues experienced during the launch of bitcoin cash 4.78% 6.48% trading on its GDAX exchange last month.
January 27: The developers behind Bitcoin 0.25% 1.05% ABC , a software implementation which accounts for 81.48% of all nodes running on the bitcoin cash 4.78% 6.48% network, have released a new update designed to solve an issue whereby users could lose funds when mixing up BTC 0.25% 1.05% and BCH addresses.
March 23: Chinese Exchange BitAsia supports 0 confirmation Bitcoin Cash 4.78% 6.48% transactions.
April 16: Bitcoin Cash 6.48% announces Memo: An onchain social network built on Bitcoin Cash 4.78% 6.48% .
April 19: Bitcoin Cash 4.78% 6.48% announces Op-Codes and Scripting Capabilities Coming to Bitcoin Cash 4.78% 6.48% .
April 22: Bitpay Adds Bitcoin Cash 4.78% 6.48% Support to Checkout Point-of-Sale App
April 27: Bitcoin Cash's announces that next fork will add "larger block sizes" and "smart contracts".
May 4: Bitcoin Cash 4.78% Opposers Scrap Lawsuit Against Bitcoin 0.25% 1.05% .com, Citing Lack Of Cash
May 19: Bitcoin initiates hard fork and adds 32MB blocks and smart contract functionality.
May 21: Cryptocurrency investor Brian Kelly said Monday bitcoin cash 4.78% is the must-own digital currency of the moment.
May 24: Mobile banking app Revolut now lets users buy, sell cryptocurrency adds BitcoinCash.
May 30: Devere Group, an international financial consultancy boasting well over 80,000 clients in more than 100 countries, has announced that Bitcoin Cash 4.78% (BCH) have now been added its recently released cryptocurrency exchange app Devere Crypto.
June 1: Unocoin (Indian Exchange) lists Bitcoin Cash 4.78% .
June 2: A Bitcoin Cash 4.78% related charity called "Eat BCH" is setup that is focused on feeding South Sudanese Families with Food Paid for With Bitcoin Cash 4.78% Donations.
June 2: Bitcoin Cash 4.78% Fund starts new website to push Bitcoin Cash 4.78% . The website, bitcoincashers. org 0.59% , is a portal that will educate the masses on what cryptocurrencies are, how it works and how to buy, sell, and trade with these digital assets
June 3: Bitcoin Cash wallet HandCash releases Mainnet BETA for Android.This Bitcoin Cash 4.78% wallet has advantages including the enablement of NFC payments.
June 3: JP Morgan internal Cryptocurrency prediction report notes that Bitcoin Cash 4.78% is here to stay.
September 1: CoinEx Exchange announces they will create a BSV token and award them to users on a 1:1 basis with their bitcoin cash (BCH) holdings, based on a snapshot at the time of the fork — should such a fork happen.
September 2: The cryptocurrency payment processor Bitpay just recently the firm added bitcoin cash support for merchant invoices and the company’s debit card loads.
The price increase is the result of a recovery in the overall crypto markets and the positive developments highlighted above.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
BCH/BTCWe are almost pre-programmed to buy red candles and sell green candles. The call of the counter-trend is strong.
This is why I believe the ONLY way to be a profitable trader is to zoom out.
Do not be discouraged buying 10% or 20% above the bottom when you figure out that a trend has reversed.
We don't buy bottoms and sell tops. We long and short for profit, whatever the size.
BCH looking tasty hereBullish divergence in 4h,daily charts
4h well supported by 20 ma
20 MA crossover in Daily by tomorrow.
targets in green boxes
Please see Sep/Oct 2017The divergence is off the charts and quite oversold. I don't care about the fundamentals, the chart pattern is repeating itself (see Sep/Oct 2017). The R/R is absurd. No other technicals needed.
A great opportunity for BCHBTCThis is a descending wedge with a 50% decline in price. I will buy at price 0.094 Allah willing.
BCH/BTC - Bitcoin Cash is heading down and not returning anymoreToday Bitcoin Cash finally sold off from the very important 0.9 BCH/BTC mark. In the various news media you can read about the fundamental reasons why Bitcoin Cash is going down from here and not returning anymore.
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!
"Roger"One of the bigger altcoins getting ready for a move up
Confirmation of StochRSI still needed
Targets outlined
