maheswar81

Bitcoin cash on huge opportunity, 4x potential

Long
maheswar81 Updated   
BITFINEX:BCHBTC   None
BITTREX:BCCBTC on symmetric triangle setup

One can buy on the lower side of the triangle or on Breakout

Note: Breakout has to be decisive and sustained, means If pump and dump happens then ignore it. Please wait for 30 mins to get the confirmation of the breakout.

Entry :
9400-9900
or on Breakout above 12000

Targets:

11700
14300
17000
21300
29000

Note : Please book profits on each and every resistance. Try to buy back at lower levels to earn more profit.

I would book at 17000 , wait for consolidation and buy back for next targets.

sl :
8000

Our previous analysis was solid $500 profit.

Comment:
BitPay Will Process Payments on Multiple Blockchains, Starting with Bitcoin Cash

blog.bitpay.com/multiple-blockchains/

BCH going to explode.
Comment:
Still in our Buy in range. I would buy here with tight stop loss.
Comment:
Testing our patience :). Whoever bought hold, please. There is no much movement in last 3 days means we are getting closer to momentum.
Comment:
Targets:

11700 - Achieved
14300 - Next (Book your profits)
17000
21300
29000
Trade active:
Active.
Comment:
First to give call on BCC, now everyone says buy BCC.

Hold for more.
Comment:
How many of you took this call?

More than 100% in 3 days.
Comment:
Many pinged me on what to buy? Here it is.
Comment:
11700 - Achieved
14300 - Achieved
17000 - Achieved
21300 - Achieved
29000 - Next ( I think it will take some time)
Comment:
Hope you all know why it went up? Coin got added to Coinbase
Comment:
Did you miss the trade? Buy now and add on dips upto 17100 for the target of 29000.
Comment:
In consolidation.
Comment:
I know there is a long wait for this coin. But it is how it is.

This is a cycle: Stay on Support, Gain momentum, raise and consolidate.

Coming back to topic,

I see round bottom / Cup and handle pattern, means it is going to break out soon


Comment:
Lots of activity with decent volume.
Comment:
Price is very moving on the trend line and broke the triangle.

Volume is decent.

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