Crypto Screener Forums Bitcoin Cash (BCH/BCC) Forecast – Technical Analysis Bitcoin Cash (BCH/BCC) Forecasts – September 2017

This topic contains 3 replies, has 1 voice, and was last updated by margincall margincall 1 year, 5 months ago.

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  • #453
    margincall
    margincall
    Keymaster

    This is the thread for technical analysis on the Bitcoin Cash markets for the month of September.

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  • #516
    margincall
    margincall
    Keymaster

    Bitcoin Cash seems to be under a bit of pressure from the usd on the near term. Still doing very well in my opinion seeing how the market responded on the dip down to $300.

    It is possible that the prices could go down into the 300 dollar zone again and if the market responds the same a nice double bottom will  be formed and quite a good buy signal. For now we will keep an eye on the market.

    Considering some buy orders in the $300 zone as well as a long position if 570 gets broken.

     

    #504
    margincall
    margincall
    Keymaster

    Bitcoin Cash responded like most crypto’s dropping sharply before being bought up below $300 pushing the prices back up into the $400 zone.

    BCH is still downtrending in the longer picture and the bulls will need to push the action above $560 to continue a bullish move. At the moment it looks like the bottom might set in between the $400 – $300 range.

    #454
    margincall
    margincall
    Keymaster

    Bitcoin Cash is looking very good in my opinion after everybody doomed it to die. Market cap this morning is a cool 11 Bil $

    Bear in mind this market is still very new.

     

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