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BCHBTC

Ahead of the Curve - InformativeThis is an informative post rather than an analysis. Hopefully someone extracts some value from it. I believe in staying ahead of the curve, in doing this, we don't need to make fast moves. Being patient often pays. For example Bitcoin Cash, has a goal at the end of its Roadmap "mankind scale" which includes 50 transactions a day for 10 billion people. Positioning ourselves for these events in the roadmap, can provide a new way at looking at scaling and in my mind 'payment options' We are starting to see the adoption of Bitcoin ATM's and Bitcoin payments within stores. "the obvious option is "buy bitcoin??!" which I feel a lot of people stick to. However is this ahead of the curve? In the grand scheme of things it most likely is, but are there better options? Bitcoin Cash for example, a fork of Bitcoin, is processing more payments than Bitcoin in Africa, coupled with an underdeveloped and youthful TA situation. Gives large prospect for growth. The 'mankind scale' creates a thought provoking assumption. That the majority of the world will be using cryptocurrency. (im not an expert at population inflation rates) In my opinion Ethereum is the clear winner in diversifying and revolutionizing the way we view currency. With the introduction of DeFi. And my portfolio reflects this decision. Thankyou for reading my thoughts. Remember its not just Bitcoin. Bixley
KRAKEN:BCHUSD
by Bixley
3
💡 Don't miss the great buy opportunity in Bitcoin Cash/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0143). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Bitcoin Cash/Bitcoin BCHBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 70. Take Profits: TP1= @ 0.01610 TP2= @ 0.01760 TP3= @ 0.01890 TP4= @ 0.02040 TP5= @ 0.02330 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
14
💡 Don't miss the great buy opportunity in Bitcoin Cash/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0143). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Bitcoin Cash/Bitcoin BCHBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 70. Take Profits: TP1= @ 0.01610 TP2= @ 0.01760 TP3= @ 0.01890 TP4= @ 0.02040 TP5= @ 0.02330 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
16
BCH to the moon if it holds $280 supportLots of things going on with BCH. First and foremost - there is no macro story that screams to buy it. However, $280 resistance was broken and now became support that also had a cup and handle formed under it. There is no moon in sight on this one other then right around $480ish. It will go there only if $275-280ish holds. Just like all the EV stocks get bid up because they are cheap compared to Tesla , same thing with BCH vs BTC , its bought by MOMO FOMO crowd so use it to your advantage to get in and out. Everyone is super cautious buying it because wounds from 2018 bloodbath are still fresh but if you get in now you might get lucky. Either way - if you buy and it goes down you will regret it and if you don't buy and it goes up you will regret it. Not financial advice as I am clueless just like all other gurus out there so do your own research and don't base your decision on some pajama pants trader in her basement drawing lines on charts she doesn't understand. In Soviet Russia, the BCH trades you. PS look on 15 min chart there is a falling wedge, if we do not break out of it - forget it, going back down to $265 but we will and sputnik ride is on the horizon
COINBASE:BCHUSDLong
by bossmodetrader
3