Bitcoin Ethereum Litecoin BCH Technical Analysis Chart 8/22/2018 by ChartGuys.com
Bitcoin Cash Analysis: Bitmain’s Wormhole Protocol to Boost BCH Adoption
Bitcoin Cash Analysis: Bitmain’s Wormhole Protocol to Boost BCH Adoption
Overly, Bitcoin Cash should be on its way to the moon if we base our analysis on fundamentals. Vitalik is recommending Bitcoin Cash for payment and
is due for implementation gifting the platform smart contracting capabilities. Regardless, BCH is down 13 percent on a week over week basis but is recovering adding two percent yesterday. Still, we remain net bearish as long as prices are below $600.
Because Bitcoin is Cash, Vitalik Buterin, Ethereum’s figurehead believes cryptocurrency should dominate regular and small scale form of payment—just like cash. After all, most cryptocurrencies were created solely to act as an alternative to fiat which continues to be plagued by calls of manipulation and even flat out deliberate depreciation through hyper-inflation or attacks—refer to Iranian situation and what happened in Zimbabwe for example.In his own conclusion he said the hype element is actually threatening the blurring the main objective of blockchain—which was user case, controls and privacy. At the moment, there are more people talking about price dips than there are using the coin.
Speaking in a private event Vitalik said allowing small time spending of crypto as Bitcoin Cash is not only valuable for the specific blockchain user case but its reverberation would spread beyond that. According to Vitalik, if there is a bridge of the user case gap and more people start spending cryptocurrencies, then the over-all market would likely balloon beyond the $200 billion mark it is at the moment.
Other than these supporting remarks from Vitalik, Bitcoin Cash is right on track and sooner or later we might see the implementation of the
, the ASIC manufacturer and once it is live, the platform would have smart contract capabilities allowing for
Click here to see the full Bitcoin Cash Weekly Chart by Trading View
As seen from the chart, there is a little bit of resistance for lower lows but that doesn’t mean our sell projections have been quashed.
In fact, these kinds of price revivals are common place and happen often after periods of extended gains or losses. In our case, Bitcoin Cash printed as high as 35 percent week over week sometimes last week but encouragingly for coin holders, losses have been contained and compared to last week, prices are steady but down 13 percent.
Needless to say, we recommend shorting on highs in lower time frames with key resistance lines at $600. The reason for this stand is clear: BCH is trading below multi-level supports following that dip below the 12 month support trend line at around $750 and most recently that close below $600, the main support line and 2018 lows last week.
Click here to see the full Bitcoin Cash Daily Chart by Trading View
The simple fact that prices are trading below our sell trigger line and main support line at $600 means our bear break out pattern set rolling by June 12 and 22 bear candlesticks is live.
Additionally, price action is now below the 30 day $250 trade range with lower limits at $600 meaning this is yet another break out trade.
Now, in line with our previous Bitcoin Cash analysis, I suggest selling on highs in lower time frames with first targets at $300 with stops at $600. Any price thrusts above $600 invalidate this trade plan.
Ethereum, Cardano, Ethereum Classic, Monero, Tron Technical Analysis August 17th
Views and opinions expressed are those of the author and aren’t investment advice. Trading of any form involves risk and so do your due diligence before making a trading decision.
[FREE] Get Our Best Crypto Trading, Mining & Investing Hacks:
*Action Required* Enter Your Email To Get Insight For Trending Coin News & Reviews
I will never give away, trade or sell your email address. You can unsubscribe at any time.
Capital One Submits Blockchain Patent for Banking Security and User Authentication
Is Tron (TRX) Underrated? Top Reasons Why Justin Sun’s Crypto Project is Poise for a Bull Run
Dalmas is a very active cryptocurrency content creator and highly regarded technical analyst. He’s passionate about blockchain technology and the futuristic potential of cryptocurrencies and enjoys the opportunity to help educate bitcoin enthusiasts through his writing insights and coin price chart analysis.
Asian Crypto Exchanges See Nearly 99% Of Tokens Trading Below ICO Value
Crypto Analyst Uses CNBC Tweets As Reverse Indicator Of Bitcoin Prices
Central Bank of Curacao and Sint Maarten (CBCS)’s Partner For Issuance of Their Own Token
Malta And Zug Crypto Valley Success Paves Way For Philippines And South Korea Expansion
BlocPal Blockchain Cryptocurrency MicroPayments Solution Has Unified Wallet for Storage
TronWallet Guide: Using Multiple Accounts, Address Book & Storing Contacts?
Regulatory Uncertainty is Cryptocurrency’s Biggest Bottleneck: Coinbase UK CEO
NIOnet: Autonio’s AI Neural Network Trading Insight Tool for NIO Suite
China’s Anti-Bitcoin Crypto Banning Sees Baidu Join Alibaba And Tencent Per New Policies
Github Blockchain Projects With the Most Activity Over the Past 3 Months
2Masternodes: Earn Passive Income from Masternode Sharing Service?
Top 4 Fundraising Takeaways From An Executive Analyses Of 1200 ICO Projects
WebDollar Cryptocurrency: Legit Internet Currency with Easy Mining?
Bitcoin.org Domain Registration by Satoshi Nakamoto Celebrates 10th Year Anniversary
Bitcoin Rehypothecation And Chain Forks Could Be A Disastrous Combination
CryptoMoms.com Is A Cryptocurrency Learning Center For Mothers Exploring Blockchain Industry
SEC Rejects 9 Bitcoin ETF Proposals (ProShares, Direxion and GraniteShares)
Bitcoin Vs Fiat: Can the Top Cryptocurrency Speed Up the End of Paper Currency?
Blockstream Proposes “Pay to End Point” (P2EP) to Boost Bitcoin Transaction Privacy
BlocPal Blockchain Cryptocurrency MicroPayments Solution Has Unified Wallet for Storage
NIOnet: Autonio’s AI Neural Network Trading Insight Tool for NIO Suite
BTCPay Server Bitcoin Payment Processor Looks To Oust Coinbase And BitPay
$100 Million Crypto Hedge Fund By JCE Capital Management Launches In Colorado
Russian Airline S7 Pilots Blockchain Use In Tracking Payments For Fuel
Rice Farmers In Cambodia To Benefit From Oxfam Blockchain Project
findentiaX (FDX) Launches ISLEY, A Blockchain Ledger App For Insurance Contracts
Asian Crypto Exchanges See Nearly 99% Of Tokens Trading Below ICO Value
Crypto Analyst Uses CNBC Tweets As Reverse Indicator Of Bitcoin Prices
Central Bank of Curacao and Sint Maarten (CBCS)’s Partner For Issuance of Their Own Token
Malta And Zug Crypto Valley Success Paves Way For Philippines And South Korea Expansion
Regulatory Uncertainty is Cryptocurrency’s Biggest Bottleneck: Coinbase UK CEO
Github Blockchain Projects With the Most Activity Over the Past 3 Months
2Masternodes: Earn Passive Income from Masternode Sharing Service?
Ripple CEO Brad Garlinghouse Gets Asked Anything in AMA But “Tells Nothing”
Ripple’s David Schwartz Built First Decentralized Computer In the 1980s, Long Before Bitcoin Creation
Bitcoin (BTC) Technical Price Analysis August 27th; Sentiment is Up, $7,000 Nearing?
Cardano, Ethereum Classic, DASH, NEO, IOTA Technical Analysis August 27th
Bitcoin Mining Activities Account For Over 1% Of The World’s Energy Consumption
Montana’s Bitcoin Mining Business Is Getting Protection From US Senator
How Much Electricity Do Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Monero Use?
DASH Crypto Miners Not Profitable for Blocks Higher Than 0.9 MB Says Study
GMO Internet Crypto Mining Firm Ceases Bitcoin Cash (BCH) Mining Operations
Squire Raises $25.5 Million For Bitcoin ASIC Chips And Crypto Mining Rigs Production
How to See Satoshi’s Hashrate Using Historic Bitcoin Mining Blockchain Data
Wall Street Crypto Criticizer Says Bitcoin will Bust, Investors Will Get Slaughtered
Cryptocurrency Investors Going Short or Long in Bitcoin Trading: Which is Better?
Ethereum’s Life-Changing Phone Call is Today: Investors, Miners & Developers Listen in
Crypto Investors: Bitcoin is a Long Term Marathon, not a Short Term Sprint
3 Popular Artificial Intelligence Crypto Trading Blockchain Assistants In The Market
Crypto Research and Trading Platform Reveals ICOs Hold Billions of ETH to Date!
Fear is an Important Asset For Cryptocurrency Investors and Traders
TronWallet Guide: Using Multiple Accounts, Address Book & Storing Contacts?
Bch Price Chart Live
NIOdex: NIO Decentralized Crypto Exchange by Autonio with NIO Suite Integration
Binance’s 9th Community Coin Of The Month Opens; GBYTE, CTXC, IQ, GO and MEDX
OKEx Crypto Exchange Tightens KYC Verification With Stricter Withdrawal Limits Guidelines
Shrimpy Adds New Rebalancing Support and Liquidity for Coinbase
Coinbase to Open Educational Asset Pages For Top 50 Cryptocurrencies by Market Cap
China’s Anti-Bitcoin Crypto Banning Sees Baidu Join Alibaba And Tencent Per New Policies
Iran’s Cryptocurrency Regulations to get Updates in September, Bank Ban to be Lifted?
New Reserve Bank of India Team to Research All Things Blockchain and Cryptocurrency
Switzerland And Australia Issue To AladinCoin Crypto MLM Regulatory Warning
Bitcoin ETF Rejections: Top 4 Reasons Why SEC Has Problems With Crypto-ETFs
True Crypto Adoption: SEC Bitcoin ETF Denials to be Re-Reviewed, a Deeper Meaning and Signaling?
State of Ohio Looks to Become the United States Blockchain Hub
North Korea’s DPRK to Host Cryptocurrency Conference In October 2018
The Blockchain Futurist Conference: Untraceable’s Crypto Event Details
TEAMZ Blockchain Summit: Tokyo’s Crypto Event September 28-29, 2018
Texas Bitcoin Conference 2018: Blockchain Event October 27-28, 2018
World Digital Mining Summit 2018: Bitmain & Bitkan Sept 21-23
CryptoCurrency Expo: August 12, Singapore Blockchain Event Details
Crypto Invest Summit to Feature Apple Co-Founder Steve Wozniak as Keynote
Coin Market Cap – Live Cryptocurrency Token Prices & Charts Data
BTC, ETH, XRP, BCH, EOS, XLM, TRON, ADA, LTC, DASH August...
Top Cryptocurrencies August 2018 OutlookBitcoin price enjoyed a decent uptrend in July 2018 and traded towards $8,500. However, altcoins like ETH, 500. However Bch Price Chart Live , BCH, EOS,...
Bitcoin FAQ – Most Asked Questions About Blockchain & Cryptocurrency
By now we all know the huge impact that Bitcoins have generated in the currency marketing world. Some of you might be a bit...
Top 2018 Cryptocurrency Trends: Bitcoin’s Big Summer BOOM Coming Soon in...
Should I Invest In Bitcoin? When’s The Best Time To Buy...
Coinbase – Security, Exchange, Vault, Wallet, Fees and More
How To Avoid Paying Coinbase Fees – Buy & Sell Bitcoin...
ICO Rating System – Initial Coin Offering Ranking Factors Checklist
Initial Coin Offering – Alternative ICO Cryptocurrency Token Guide
Cryptocurrency Trading Strategies – Legit Profitable Investment Tips?
CryptoCurrency – Digital Money Trading, Exchanges & Investing Guide?
12 Ways To Store Bitcoins – Hardware, Desktop, Mobile, Online &...
10 Savvy Cryptocurrency Investment Tips Everyone Should Know & Do
Bitcoin Vs Gold Asset Showdown: Digital Or Traditional Store Of Value?
Top 3 Bitcoin Investment Apps – Mobile Cryptocurrency Trading?
Bitcoin Documentary Movies – Top 11 Crypto Blockchain Films?
12 Cryptocurrency Portfolio Risks & Disasters To Avoid For Protection
16 Facts About Bitcoin & Cryptocurrencies You Need To Know In...
2018 Cryptocurrency Crash Recovery Tips: Bitcoin Invest Risk?
How To Make Money With Cryptocurrency: Earn Digital Assets?
Cryptocurrency Investing Advice – Top 4 Trading Questions To Ask?
Anytime you are planning on investing in a new form of cryptocurrency, there are four important questions that you need to ask yourself:Does...
Bitcoin, the first cryptocurrency ever created has indeed become the most widely used digital currency on earth. Ever since the existence of Bitcoin in...
Bitcoin has certainly revolutionized the way people do business payment transactions today. This crypto currency was created in 2009 by someone bearing the pseudonym...
Blockchain – Distributed Ledger Technology Application Benefits?
Blockchain technology is changing industries around the world. It’s bringing organizations, governments, financial institutions, and payment platforms into a new digital age. It’s revolutionizing...
Top 2018 Cryptocurrency Trends: Bitcoin’s Big Summer BOOM Coming Soon in...
Combined cap of cryptocurrencies read a record high of approximately US $830 million on January 7th of this year. Over the next month, we...
Asian Crypto Exchanges See Nearly 99% Of Tokens Trading Below ICO...
According to a report published by BlockBeats, most of the tokens sold through initial coin offerings (ICOs) that got listed on popular cryptocurrency exchanges...
Crypto Analyst Uses CNBC Tweets As Reverse Indicator Of Bitcoin Prices
This Analyst Uses CNBC Tweets As Reverse Indicator Of Bitcoin PricesThe biggest name in financial media, CNBC, have been infamous for their dreadful and...
Central Bank of Curacao and Sint Maarten (CBCS)’s Partner For Issuance...
Central Bank of Curacao and Sint Maarten (CBCS) has been working on using blockchain technology and cryptocurrency in their society. However, in a new...
Malta And Zug Crypto Valley Success Paves Way For Philippines And...
Malta and Zug are well known for their success in developing a community that is cooperative with the advancements and transactions involved with cryptocurrency...
BlocPal Blockchain Cryptocurrency MicroPayments Solution Has Unified Wallet for Storage
BlocPal Has Enabled Mcropayments With The Use Of A New Blockchain SolutionThe cryptocurrency concept was first put in place with the use of the...
Enzym ICO (ZYM Token): Local In Real Life Social Blockchain Game...
What Is Enzym?Enzym is a free mobile game, which binds the real and virtual worlds. The player must win challenges that invite him or her...
Z-POP DREAM ICO (ZPOP Token): Blockchain Music & Entertainment Talent Platform?
Professionals who are behind global K-PO stars such as EXO, BTS, Wanna One, and Girls’ Generation founded the Z-POP DREAM project. The aim is...
VogoV ICO (OGO Coin): Interactive Hollywood Adult Studio Blockchain?
The global adult entertainment sector is a multibillion-dollar industry, and it is one of the places where innovation is continuously on the rise. VogoV...
Ledgity ICO (LTY Token): Blockchain Security Token Investment Platform?
What Is Ledgity?Ledgity is a digital mobile application that utilizes the blockchain technology focus on security tokens. The platform aims at bridging the gap between...
Everest ICO: EverID Token, EverChain, EverWallet And CRDT Cryptocurrency
Today, without verifiable identity, many people cannot access banking in order to receive credit or value, something that prevents economic development. The inability to...
© 2014-2018 BitcoinExchangeGuide.com - All Rights Reserved.This website may also reference affiliate programs which send paid commissions from referrals made through the links.
Write CSS OR LESS and hit save. CTRL + SPACE for auto-complete.
0 Reviews:
Post Your Review