Quick BCH update 01.12.17

in #bch7 years ago (edited)

BCH is playing the waiting game AGAIN! The candles are showing some panic selling, which is an indication that BCH is not done to the downside yet.

Ss04BCrm.png
gbiXeIah.png

I think this is either gonna turn out as a cup and handle pattern, or a gigantic WXY pattern, bringing the target for buys down close to 650$.

image (5).png
If you think this to be useful information:
DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif
image (5).png
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.
image (5).png
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 :-)

Sort:  

You got a 8.38% upvote from @upme thanks to @ew-and-patterns!

This post has received a 6.47 % upvote from @boomerang thanks to: @ew-and-patterns

@boomerang distributes 100% of the SBD and up to 80% of the Curation Rewards to STEEM POWER Delegators. If you want to bid for votes or want to delegate SP please read the @boomerang whitepaper.

This post has received gratitude of 1.54 % from @appreciator thanks to: @ew-and-patterns.

You got a 4.57% upvote from @postpromoter courtesy of @ew-and-patterns!

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.031
BTC 59171.53
ETH 2580.59
USDT 1.00
SBD 2.47