Interpretation of BCC

Posting this to keep track of being wrong later on.

Large number of fundamentals in place
-mining profitability
-use case
-btc future & segwit2x fork
-access to supply
-total supply
-twitter emotions
-what do you do with your free money
-ABC correction or falling wedge and downwards channel?
-locking in cross exchange arbitrage / or not anymore

While I am only betting small on this - I am bullish BCC/BTC. Happy to complete the idea later with more details

Commentaire:

Looking at Volume Profile levels - where the most activity happened and how I see it.
Where can we expect the movement next.

I think there's plenty of gaps to fill and plenty to correct, even tho I am aware that the ABC target is still 50% lower roughly.

Would you want to risk not holding the Bitcoin that you got for free and has a chance replacing the other Bitcoin - People will Fomo because of this I think.

I believe in risk management is trading - not making the right calls.

Commentaire:

The target of ABC correction after the massive drop was hit (0.057ish) and we've turned up. Hope you guys had low bids, but most of all did not sell 0.057 :)

I'll be holding BCC - good luck!

Trade fermée: cible de profit atteinte