After a break of the lower highs we are currently consolidating with 4 hour inside bars. Watch the bull MACD cross closing in as well, we will look for a lower high if we see continuation, around the low $800s. Bear break of the inside bar will take away bull momentum on this bounce attempt.
BCH could break the resistance in a third attempt and pump to about 760, then doing may 1 or 2 runs more for today, cause some Korean pumpers try it hard ;-)
$675 Has been well respected all weekend looking for a bullish reaction to start the drive up to $941 weekly target.
BCH Tamam mi devam mi diyor. Hizli yukselisin ardindan daralan hacimle birlikte olusan ucgen formasyon ya hizli bir dususe neden olacak yada yeniden cumartesi zirvesini yakalayacak. Yukarida 733-740 $ kirilirsa hizli yukselis trendi gelir. Altta 670 kirilirsa ayni hizda dusus trendi belirler.
If that DMI green rips up its on.... time to pay attention
Pretty easy to see. Put your chips on the table if you'd like to play. Deep complex issues about profitability for miners are shifting Hashpower from BTC to BCH, BCH is more profitable than BTC currently. ztnark.com This is supportive of the price move. BTC has a rival: BCH.
In addition to the ascending channel for BCH, seems its stuck in the fibonacci resistance. Lets see how this resistance will hold.
Free money Enter at 730-740 sell at 800-880 or higher quick 10-20%, stops at 700 very little risk
Volume is dropping off, and we have formed a lower high after setting the higher low that was anticipated in the video TheChartGuys posted this morning. The break of this current depicted range will indicate short term momentum into the afternoon. Very extended to the upside after a 200% move so bulls need to protect profits.
Trading idea and analyse from trader Nika Lekishvili www.tradingview.com ~ My Channel GL !
Bitcoin cash has surged above $900, passing a notable milestone amidst a two-day rally during which the price of the cryptocurrency more than doubled. Heading into weekend trading sessions, bitcoin cash has emerged as the third-largest cryptocurrency by network value, behind bitcoin and ethereum. And while it might still be too early to compare bitcoin cash to...
ABCD move also ties in nicely with a 3rd Elliot wave leg. Targerting $1000
It would be very interesting to see if technical indicators apply to new markets. (a) at $139 (b)at $814 (c) at $242 = (d) @ $944 Also there are 2 other moves that are valid from the (A) @ $242 And @ $278 It makes me think a buy move is available to the first step up to $377 stop at $278.
We'll see soon where BCH is heading, some say up some say down.
After a strong up a strong down. That is swing. So we can expect a down to the area 300 usd. Let's see what happens. Happy trading. :-)