BCH is accumulating and following BTC down trend but I think that the hard fork of 2th of January will create a very bullish trend for BCH.
I can also break the support line (near the stop loss signal) and offer a good buy opportunity around the Buy Zone.
STOP LOSS : 2200$
Buy Zone : 1900-1700$
TARGET 1 : 3000$
TARGET 2 : 3200$
TARGET 3 : 3700$
TARGET 4 : 4300$
TARGET 5 : 5100$
TARGET 6 : MOOON
This is just an idea, not a trading advice.
I can also break the support line (near the stop loss signal) and offer a good buy opportunity around the Buy Zone.
STOP LOSS : 2200$
Buy Zone : 1900-1700$
TARGET 1 : 3000$
TARGET 2 : 3200$
TARGET 3 : 3700$
TARGET 4 : 4300$
TARGET 5 : 5100$
TARGET 6 : MOOON
This is just an idea, not a trading advice.
Perdagangan aktif
Komen:
Bounce on the 2200$ resistance line
Komen:
A new trend channel :
Komen:
This is a BTC hard fork named BitcoinCash plus, it's not a BCH hard fork but can hardly affect BCH. In fact, this new coin will provide common features with BCH and some improvements.
We can see 2 consequences for this new coin arrival :
- The BitcoinCash plus is mass adopted and the Bcash is abandoned. Because the features are really better and are a real improvement of the current Bcash. (less likely)
- This new coin has not effect, and the Bcash continue to consolidate. It can also highlight current BCH features and produce a new bullish trend line for the BCH.
We can see 2 consequences for this new coin arrival :
- The BitcoinCash plus is mass adopted and the Bcash is abandoned. Because the features are really better and are a real improvement of the current Bcash. (less likely)
- This new coin has not effect, and the Bcash continue to consolidate. It can also highlight current BCH features and produce a new bullish trend line for the BCH.
Perdagangan aktif:
Breakout : enter the new trend line, I'll update with another post
Perdagangan ditutup secara manual
Komen:
When is the fork? It say 1/2 but the countdown from the site seems to be for 1/9 or 1/10
Balas
Hi. I would just like to correct this post. Bitcoin Cash Plus is forking of BTC, not BCH! Please be advised and update your post.
Balas
@tarunrao, Yes, you can have more informations here : http://www.bitcoincashplus.org/
Balas
Thanks for the TA. I personally don't think we will dip below the $2200-$2400 range. January will probably be a good month. I am holding until it reaches my target of 8k.
Balas
@thedarklord369, Hi, I also think (hope) that it won't dip below 2200$ and hold my BCH until January fork. But I don't think it will go over 6000$ (just use agressive stop loss over 5000$) .
Balas