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Bitcoin Cash / Bitcoin

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BCHBTC trade ideas

Bitcoin Cash a week before hard-forkI'm bullish here, bitcoin cash hard fork news has not caught legs yet when ppl find out they can get two bitcoin cash for bitcoin as confirmed by coinbase/binance... poloniex even has trading pairs already up that's interesting lol eyeing 0.12 to high as 0.15 leading up to the hard fork Like the R/R here there's so much hatred for Bitcoin Cash and shorting it is becoming a popular trade, gives plenty of fuel for the run up. Breaking down below the purple box or something drastic happening with the hardfork would invalidate this idea Looking to hedge at these red circle areas around resistance blocks popcorn time
Long
by AdidogCEO
BCH on a bullish rampage should reach well above 1day 200ma… BCH on a bullish rampage should reach well above 1day 200ma before any sort of major correction. Even when we get there the correction could be quite mild before another leg up we will have to assess the overall confluence of indicators once we get there. However if one were to put a limit sell somewhere it would be at that target point, a pip or 2 below to ensure your tatget is met or even you're fomohunting a pip or 2 above for the riskier types. Of course this is just hypothetical though as this is not financial advice. Cheers!
Long
by DrDovetail
BCH – Bitcoin Cash – massive volume on Binance – google trendsHi Traders! Probably most of you already have heard about BCH hard fork. Yes, there will be a new token called BSV. Currently, only 4% of the miners said they will be supporting BSV which makes it sure that BCH would be continued with almost all capacity and power. New token will be supported by Binance, Coinbase, Poloniex (so far). Existing Bitcoin Cash holders receive a new 'free' digital asset 1: 1 for held BCH on the date of the hard fork. So these are positive news from the market. Here are technical analysis details: • The price level is the lowest since a year • Bullish double bottom forming • Weis Waves – diminishing supply and growing demand • Volume on Binance – 17500 BTC, the next to volume ETH/BTC with 6500 BTC • Ichimoku Cloud - Tenkansen (red) crossed Kijunsen(blue) and the chart crossed Tenkansen as well. The chart is over the cloud which is very positive. • MACD – positive divergence • Visible Range counted from the beginning of the year – far below the fair price which is at 0.156. It is likely to go as high as the top of the Visible Area where 70% of the transactions were made. It means the owners are not willing to sell below the level they bought. • We had last peak at 0.09 which is crucial level to break • All 4 EMAs has been broken on the daily chart – EMA (9,21,50,100) • Today’s long candlewick suggesting the market doesn't accept the lower price. • Google trends – second highest level in the 3-month time span – might go even higher as these data come from 2nd of November Set your stop-loss at 0.082 What are your feelings towards BCH and this hard fork? Are you in? Be careful with that trend as BCH is very volatile. Don’t forget to set your stop-losses. If you like our job please give us a like. Don’t wanna miss the update = click follow on our profile. WE TRULY LOVE YOU GUYS! <3 <3 <3 MASSIVE Hugs! WBM Team.
Long
by WBM_Team
Long on Bitcoin Cash vs Bitcoin before the volume kicks in"But most of all because to be a theorist you have to admit the possibility of being wrong – the provisionality of knowledge” “And here lies a delicious paradox: consent grew more powerful the more economic life was financialized. And as finance grew in importance, the more prone our societies became to economic crises. Hence the interesting observation that modern societies tend to produce both more consent and more violent crises.” “All dynamic societies founded their success on two production processes that unfolded in parallel: the manufacturing of a surplus and the manufacturing of consent (regarding its distribution).” ― Yanis Varoufakis, The Global Minotaur
Long
by noam_chom
2
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 :)
Long
by skyunlimited