Bitcoin Cash (BCH): Steady as She Goes Towards $3,333 or HIGHER!!
)
SUMMARY
Below are my original markings for Bitcoin Cash...NOT TOO SHABBY!! As projected, price breached the upper line of the triangle and has started impulsing UP!. The price target of $3,333 is still solid!!
The BCH/BTC pair is updated a bit with a more bullish pattern; the ascending right triangle. The minimum target run is towards 0.21 BTC for the short term. Look how complete the previous a,b,c correction looks. The BOTTOM is IN! Let's see when price decisively breaches the upper white triangle line and start imulsing in five waves towards 0.21 BTC
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
Thank you Coinbase for today's 'little' pop.
I am sure it is short term and will reverse with respect to Bitcoin.
I mean with BTC prices skyrocketing I think it makes more sense to try cloud mining because of higher returns. https://hashflare.io/r/7487B9DC 10% OFF voucher: 7487B9DC
Mining is a waste of time.
bitcoin cash is supported by miners mainly in China, and people think its better than bitcoin in transaction speed and cost, but there are many other alt coins are better than bitcoin cash, I do not know how many forks in the next year, maybe more than 100, confused about their value
Bitcoin Cash has the same miners as Bitcoin. Also Bitcoin Cash uses the same infrastructure as Bitcoin meaning that BCH can easily win over the merchants that have giving up on Bitcoin. The smart investors will put their money on Bitcoin Cash while you and Blockstream withhold the facts and truth to deceive the naive.
or he just does not care about that and is only a trader
Bitcoin Cash is the better choice for transactions
It definitely is!
scammy shitcoin
great post
This has been my prediction for the past week based on your wisdom and my own thoughts. Is a target at 0.41 viable? I'm considering laddering in at around 0.16. Thanks
Historically 0.21 btc/bch not unusual nor 0.25 - 0.33 Bitcoin Cash HODL'rs may be very happy soon.
Coinbase FOMO for new coin wallets providing BOOSTYAH
BCH available 2018 and Coin base is ready to go go go...
Looks like you called it correctly
Yes we sharpened our pencil on that analysis. The price equilibrium quickly adjusted with one minor correction within hours to BCH/BTC ratio of 21%, and despite all the CME & MSM FUD induced wild fluctuations ALL day today it remained right on that ratio 21% including time of this post 9:47 PM Mountain USA
Bitcoin cash has the original vision of Satoshi in mind, it will be interesting to see how many more forks in Bitcoin we see in the future.
Pittsburghers gone crypto
Sorry but BCH is just as centralized as BTC, BTG is more in keeping with Satoshi's vision.
No, it does not. BTG, like BTC, has SegWit which is a bastardization of Satoshi vision. Only Bitcoin Cash perserves and follows Satoshi's vision.
Thanks Haejin!
I would hodl bch rather than btc . Thank you for the update .