Quick BCH update 05.12.17
The cup and handle pattern seems to be done. This should be blue wave 1 up.
The next explosion in BCH is due soon. I can already smell it... (it might just be my cat cutting a fart though :D)
Once blue wave 2 is done, I will buy more BCH to profit from blue wave 3.
Fun fact: I am holding small postions of over 50 different coins right now and only 7 of those positions are not profitable yet :D The last few days were goood days for altcoins, but if I am right about this, only a short preview of the things to come... Stay tuned for more updates.
If you think this to be useful information:
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions.
If you make any trades or investments after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...
Have a nice day :-)
I have been finding good posts while seeing the output of my bot tracking program (https://github.com/HamidMushtaq/steemtools/blob/master/steemdbtracker.py). This post of yours I also found it like this, as I was also trying to get a vote from upmyvote bot :) Nice post though. Upmyvote gave one good vote this time, yahoo!
I have also been finding good post like this. Not everyone pushes garbage with those bots.
@ew-and-patterns, Can you also recommend some good ICO to invest in at the moment?
I never invest in ICOs. Because they usually drop hard first. I try to catch them cheap after the drop^^.
If the coin proves to be good, you don't need that early buyers advantage to make a good profit from it.
I see. I only invested in Electroneum, and it turned out to be quite good. I bought at 0.77 cent per coin, and now its 9.4 cents, which is a 12 times increase.
in about 19 hours we could have lift off -GO BCH !!!
I set a sell-order at 2750 $. Should I cancel it? Got in at 550 ;) Hmm... you never know
Shortly before the all-time high is a good place to sell. It could turn out to be a big resistance, where the price bounces back down at least one time before it is able to surpass it. If I see a big red 1 hour candle close to 2800 I will sell 80%. This will get me a worse price level, if it is in fact a big resistance. But if it just cuts through it like butter, we could be at 5k a few days later...
Thanks for your opinion. I have the problem that I don't have the chance to trade at work or even talk a look most of the time...
You got a 6.17% upvote from @postpromoter courtesy of @ew-and-patterns!
great analysis , keep te good work
Damn! I had sold my position for NEO.
This post has received a 6.21 % upvote from @upmyvote thanks to: @ew-and-patterns. Send at least 1 SBD to @upmyvote with a post link in the memo field to promote a post! Sorry, we can't upvote comments.