imkeshav

Bitcoin Cash - Clear your vision and think beyond $2000

Panjang
imkeshav Telah dikemas kini   
BITFINEX:BCHUSD   None
1 word advice - Use BCH! Don't just invest

Our last update on this chart was that the price fell back to the support line and we had to watch out for a breach. Fortunately, it acted as a strong support (small green arrow) and the price bounced back and broke out at $1530

Looks like all the charts (including this BCHBTC) are aligned and ready to boost BCH

The below article includes Support and resistance numbers along with channel type chart and widget chart with more details. Do click to read fundamental analysis for free

(more details here)
Something important has been bothering me for several days, A question!

A question that I had six weeks ago and is now back again requiring all my energy to answer it correctly. Last time, I answered it half-heartedly (in hindsight). I keep looking for answers from others around me and they are now annoyed. But I will ask it here anyway.

Why are we (and me) not investing more FIAT (money) in Bitcoin Cash?

This is how I try to give a perspective for a buy price of BCH
  • Initially, we were worried about a few dollars. "can we buy at 410 when price is 416"
  • Then we worried about 10-20 dollar difference, "can we buy at 600 when price is 630"
  • Then we worried about 50 dollar difference, "can we buy at 850 or 900"
  • Then we worried about 100 dollar difference, "can we buy at 1300 or 1400"
  • Soon we may worry about 500/1000 dollar difference, "can we buy in 2k, 2.5k or 3k"

I will cover all these aspects in a series of articles with TA in each of them. please do check them out.
  • Future Outlook (Part 1)
  • Strategy
  • "Risks"
  • Utility
  • Facts
  • Fundamentals (News)
  • Charts (Behind Paywall)
  • Emotion

Komen:
We broke above the channel resistance and are staying above it at $1542. This is a good sign and if this holds we can confirm the next bullish uptrend. Major resistance is at $1700+

BTW India price is $2100 (www.koinex.in)

Komen:
BAM! It his the upper resistance at $1700 and corrected but good thing is it stayed above the previous resistance of $1530 which has become support now. If this holds, we may breakout and go beyond $1700+

Komen:
Life is good when your charts are good (fortunately) before a bull run happens. Hope you guys are taking profits

(More details here www.yours.org/conten...beyond--71dcc4a1245c)
Update on Sell strategy: Instead of selling all BCH now at a super price, sell 50% or 70%. Leave some BCH always for long term (months) because you don't want to miss on $5000 or 10k price in 6 months to a year or more. I believe this coin has strong fundamentals.


If you think this chart is awesome, look at my article for BCHBTC chart and let me know what you think
Komen:
Can you see the potential?

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.