UnknownUnicorn942585

BCH/USD more retrace expected

UnknownUnicorn942585 업데이트됨   
BITFINEX:BCHUSD   None
Im expecting here more retrace to 475-510$ it's not an advice to short more like an advice to buy incase the target is hit. If you already invested in its the best investment you made in your life ;)

If the target is hit the TP is 1300$ within 10 days or less. Target before we rush into the new year 7000$.

I will keep the idea updated and post later why i think its going down.


- rakim
코멘트:
expecting now a retrace to 575-580$ and a bounce to 610-615$ if you like to play the bounce game this is my setup

코멘트:
If btc stops rising its bch turn
코멘트:
Thats my view for the incoming 2-3 weeks on bitcoin cash :

코멘트:
We will see very soon another difficulty adjustment on bitcoin cash it's not clear where we are heading too it could drive the price down but also up.
코멘트:
Still in a downtrend if the difficulty adjustment impact the price we will reach our target of 475-480$ which is probably our last chance to buy bch aka the btc of the future below 500$ before we go to 4 digits.
코멘트:
Finally moving down. high likely to go sub 500 today
코멘트:
this coin costs me alot of nerves
코멘트:
I figured out something interesting, 185.000 BCH has been withdrawed on bitfinex since bch has been launced.

Whales has accumulated 2-4 million bch on all exchanges worldwide we will see a pump which isnt from this world. And the day for the pump is tomorrow we could go sideways overnight made a bit research and the best day to pump it is tomorrow imo.

bitinfocharts.com/de...cR5pmSFQ8P3RGK7g96VC
코멘트:
The daily chart looks like a huuuuuuge bullflag we are still in a correctur wave which most of the time end if the basisline of the bollingerbands is touched it dont must touch the bbands by a couple of bucks it's also ok if its close to it i drawed a box there its a buy between 498-530$ it's just a matter of time till we shot to the sky.

The price was very stable in the last few days some deep pockets haven't allowed it to drop. Im optimistic that the third wave could bring us to 1.3k or even more.

코멘트:
Almost there 50$ dollar more
I will go all in at 535.
코멘트:
looks very bottomed here bought 1 hour ago some just to make sure im on the boat wil buy more if it drops more.
코멘트:
bought more.
코멘트:
Discovered some bullish divergence on the 4hr chart
not expecting a further downmove than 525-535 fasten your seatbelts dont panic sell, stay calm :)
코멘트:
535 touched we are at the bottom area bought now even more all in!
코멘트:
bullish divergence even on the 1hr chart
코멘트:
Next shortterm target 720 and a retrace to 650 after that 4 digits.
코멘트:
코멘트:
Keep an eye on 640 we need to breach that level.
코멘트:
I repeat please be carefully at 640 if it dont break through we have a problem, incase it dont breakthrough i will sell and wait for a re-entry.

It's also likely to wick uup to 660 and close below 640 thats my bear scenario
코멘트:
Hey guys so my target here is still 640-660 it's likely to dump even more after this to 450. BCH rised with btc together and im expecting btc ro rise a little bite more, the negative correlation isn't there anymore that means if btc dumps bch will dump aswell.

So we should prepare for 640-660 -> 450.
코멘트:
something like this
코멘트:
I sold my whole stash btc will collapse soon with bch together. Im out my re- entry would be 430-450

코멘트:
We probably will make a double bottom on bch or almost a double bottom we have a possible bullish gartley pattern here the D leg would complete at 529$.Target after D leg completion 575$ - 610$

코멘트:
order cancelled i repeat order canncellledddddd ICOS banned in china its raining strawberries on everything
코멘트:
the D leg is completed now but i wont take this trade to dangerous there is to much fud in the air

if btc breaks down we will see 470 if btc rise we might reach this target here how ever if you feel comfortable its your choice


this is not a financial advice you act on your own responsibility.
코멘트:
D leg will be invalid if it fells below 523.35 so everything below 523 is invalid the gartley should be ignored then
코멘트:
i think its more likely to see this one than the gartley
코멘트:
Went almost to my target: target was 465 also exceeded the sellarea

No more updates here.
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