💟 Market Health (October-27) The market just had a crash and this is an opportunity for us to continue accumulating Altcoins. Money has been withdrawn from Topcoins and will likely be pushed into mid-cap and low-cap Altcoins. However, it is highly likely that buying will come back strongly and close today's 1Day candle in the green color and the market will be very bullish. But be aware that the market during this period will have strong ups and downs so limit the use of leverage as much as possible because your position will be easily liquidated. ETH also filled the gap at 4000$
💟 Market Health (October-27) Money is being withdrawn from coins that have pumped strongly in the past days and is being redirected to the next coins with lower capitalization, so in the next few days there will be many quick pumps with high profit rates. so please check the market regularly to be able to sell at high price areas. This phase will need about 1-2 weeks before the money flows back to the top coins
💟 Market Health (October-26) The market is recovering very strongly with a lot of coins rising above the ATH (All time high) price zone. Currently, BTC still holds the $60000 zone and that is what has helped the market to confidently grow. Let's continue to accumulate and wait for the pump's turn
💟 Market Health (October-25) BTC is still holding the $60000 zone and this is a good sign for Altcoins. However, because the number of Altcoins is too much, the cash flow will be circulated between them, so actively accumulate Altcoins and wait for their turn to pump. At this time, we must always prepare a reserve in case something bad happens and will buy at a lower price if possible.
💟 Market Health (October-24) The market is still doing quite well and the positive signals are present on most of the Altcoins. We can continue to accumulate during this period as we are at the bottom of a new bull run. Don't miss the chance!
BCH is very weak at 500$ zone so in next days it could fall down to 440$ zone and 380$ zone. Then it could generate a new rally up to 560$ and 760$ zone.
📈RED PLAN ♻️Condition : If 1-Day NOT closes ABOVE 500$ zone
🔴Sell : 500$
🔴Buy : 440$ - 380$
🔴Sell : 560$ - 760$
📉BLUE PLAN ♻️Condition : If 1-Day closes ABOVE 500$ zone
🔵Buy : 500$
🔵Sell : 560$
❓Details 🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
Bitcoin Cash (BCH) is a peer-to-peer electronic cash system, which aims to enable “new economies with low fee micro-transactions, large business transactions, and permissionless spending”.
Bitcoin Cash originated from an upgrade proposal of Bitcoin, that increased the maximum block size from 1 megabyte to 8 megabytes, which ultimately led to a hard-fork on August 1st, 2017 . Since then, additional changes have been approved, such as a new difficulty adjustment algorithm, the support of new opcodes, Schnorr Signatures, and further extensions in the block size.
Bitcoin Cash uses the same SHA-256d-based Proof-of-Work consensus mechanism as Bitcoin. Bitcoin Cash also has a target block time of 10 minutes, and its total supply is capped at 21 million.
On November 16th 2018, the Bitcoin Cash blockchain withstood another hard-fork, which resulted in a chain split into Bitcoin Cash SV and Bitcoin Cash ABC. Since then, Bitcoin Cash ABC has commonly used the BCH ticker and referred to as Bitcoin Cash.
The Bitcoin Cash network has protocol upgrades twice a year, on November 15th and May 15th. These upgrades are required for all node operators . For instance, on May 15th 2018, Bitcoin Cash upgraded to increase its block size to 32 megabytes.