At the moment of writing this post, only 3 Major exchanges have stated their support to the BITCOIN CASH HARDFORK planned for next November 15th at 4:40:00 PM (UTC). They are COINBASE, BINANCE and POLONIEX.
In the case of this last exchange, POLONIEX is offering customers the option "to trade two tokens at the center of the debate about the pending Bitcoin Cash (BCH) hard fork: Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV), prior to the November 15 fork" (see the complete new following this link ).
Hope all the rest of exchanges do the same in the coming days but, if it is not the case, my recommendation is to move your BCH coins to one supportive exchange or, much better, to your private wallet where you control the private keys and so your funds are safe and you would get an equivalent amount coins created from the new chains.
All that said is useful only in case you want to keep your stake or be "rewarded" with a similar quantity of tokens in the new blockchains created (2)...
In case you just want to get profit of the bull being run on BCH, I think that the following scenario is very likely to occur:
So, BCH has followed the plan as expected (see my post. It has completed a long 3rd wave and now is correcting to the 4rth.
Since Stochastic RSI is at an OVERSOLD area and RSI is within the "SAFE" range, I would expect one last wave up and a sudden drop afterwards...
Be aware, I have the suspicious that this Bearish drop may happen before the expected deployment of hardfork .
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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by toofasteddie
I checked the IOT prices at Poloniex. OK, their averages on Coinmarketcap :)
They are as follows:
Looks like 4/5 of people root for BCH ABC :)
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So, sell on the last uptrend and don't bother with the fork😁
Viabtc and Indodax will also support both chains.
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sorry if you feel as being bothered, but I am going to write whatever I would like to write :-), ok?
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:) It will be interesting to see how the price will plummet after the fork for the lesser chain. It there will be a lesser chain ...
And when the BCH price will start falling before the fork.
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