Where is everybody ? Everywhere is all quiet. Hope your Sunday is going well and getting ready for a new working week. Things will only get better. Enjoy your rest day guys. Tomorrow the hustle resume
@Ugomarc in July 2022
Which Way BCH. Up Or Down? After a sharp fall from a recent high of $211, about a month ago, BCH is clearly looking for direction. Price has been consolidating within 99 to 106 price range. No clear movement in the market. It's worth noting that price has been under the 15EMA, on the daily time frame, for months now,showing a rather bearish trend. For now we only observe the market waiting for a more defined move up or down.
Double digit inflation? Crypto fixes it! In a country where you have a double digit inflation rate, holding fiat could be counter productive. I can't remember the last time i had fiat in my savings account. With the rate of my local currency's depreciation, it would crazy. It's wiser for me having everything in crypto, especially stable coins. You might say its risky, given recent events with them. But then, which is not risky? The diverse use case for Crypto has been a life…
Just witnessed an accident this morning. Human lives means nothing to some people. It's so pathetic When you live in a world where the driver carrying breakable glasses drives more carefully than the drivers carrying human beings. It's so cold out there. Be careful guys. One step at a time.
Looking at all the challenges being faced by SmartBCH at this moment, I get convinced on one thing. Over time, SmartBCH will grow. Maybe not immediately, but certainly it will. A lot will be withered away, a lot of fakes will be cut off. The idea is to invest in products that are still building in spite of what's happening. I believe they will still be here on the long run. Soon your investments will speak for you.
If we understand how DEFI should truly work, we will understand that it is all about delayed gratification, not really about instant returns. So many of us(me inclusive) wants very fast and quick returns. This way we fall into so many traps, scams and in most cases, loose our money . Since I got to understand this, I have tried to look more into solid products instead of looking at how much APR is being offered. I believe this should be our guide to success as we go into the…
BCH @109 Price is looking to go higher on the 4hr time frame, forming a bullish candle . But first we need to break the resistance at 112 which is the 100 EMA. Can we break it? Will still wait for further price action above the resistance.
Its sunday and time for some movie time. Looking at going to the Cinema to see the latest THOR movie. I have not really heard good reviews about it, but my love for Chris Hemsworth is making me eager. I have an option though, JURASSIC WORLD. Who has seen THOR LOVE AND THUNDER? Is it great or just there? Don't want to waste almost $10 for nothing. THOR love and thunder or JURASSIC WORLD?
BCH Not Looking Good At this point The market is generally not looking good. Bch appears heavily hit by so much negatives. The coin has been trading around prices last seen about 3yrs ago. Not good. We need a bounce at this point or we will be staring at $70 in days.
Is The Bottom In? We might be starting another cycle here. Noticed we have been having higher lows on the daily TF for bitcoin. And also higher highs. If the current momentum takes us higher than the recent high of 22,500 , we might be up to something. we might see a good run up. I might be wrong though. No expert.
BCH has been trading sideways for a long time now. 6% gain for BCH so far today. Current price $105.5. Price currently at the daily 15 EMA resistance. This has been a strong resistance for over 3 months now. If price can break this point, we might be on to a run. Interesting to watch price action here.
The market generally is looking hot right now. BCH @116.1 at the moment. Looks like we are finally going to break that daily resistance. 6 consecutive days of daily green candles. Are the bulls back yet? Lets see.
#mytradingmindset In my little experience trading the financial market, forex and crypto, I have learnt tons of lessons. One that is sacrosanct for me is, never second guess the market. Nobody can. The financial market, crypto inclusive, is very dynamic, it can take the other way round anytime. Nothing is given in this market. Nothing is set on stone. Trade what you see, not what you think or expect might happen. Importantly, know your pivot levels, support, resistance.
BCH @ 126.6 +7% so far today BCH has been quite bullish today. So far getting to a High of 128. Price is walking right into resistance at 133 which is the Daily 50 EMA. Expecting some form of pull back. Watching price action at this point
BCH @ 129 BTC back at 24k What if this run continues? May the fun never end.
BCH is flying this morning after the recent pullback. Like I pointed out 2 days ago, I expected price to pull back from the 132/133 daily TF resistance zone. And price did exactly. Some nice little profit. Price on the march again, now at 128, do we have enough momentum to break the 132/135 resistance this term? Guess we will await further price action. Looking good so far. But will wait and watch how this plays out. Trade like a sniper. #lessismore
BCH is up 24% at the moment. @147 Been a long time I saw BCH this bullish. Though It was long overdue. Market generally looking bullish. Btc at resistance. What happens this time. More pumps