Chart seems to be forming a pennant. Hourly Heikin Ashi made 3 green candles. Hourly over Ichimoku green cloud and also 12h in green cloud. 1h,12h Stoch RSI looks good It seems that it want to break.
Parece que Bitcoin Cash BCC/BCH también está listo para una corrida. Entiendo que este "trade" será influenciado por efectos dentro del mercado en adición a el análisis técnico. La teoría es simple: una vez Bitcoin alcance el nivel de $10,000, habrán muchas tomas de ganancias. En ese punto, también se reflejará un punto de debilidad y se reflejará una corrección...
The price bounces from 853.00 support level and bounces from the support zone formed by SMA. RSI confirmed price reversal from the support level. The price diverges with RSI. The market is going to move high.
Fool Me Twice, Shame on Me Due to the fact that Bitcoin once again failed to break 8k, there is a solid chance that it will start a retracement. IF BTC does in fact start this retracement, BCH may have a chance for a solid rebuttal! Judging by the chart, BCH is attempting to cross the downward trendline that was formed from its previous high of $2800. My...
Here we can see the charts of BCH/USD (up) and BTC/USD (up). Both are from Bitfinex exchange. If you already sold Bitcoin believing that it will go down, it would be a good idea to the check Bitcoin Cash which seems moving up showing an "anti-symmetric" pattern compared to Bitcoin. It seems that a lot of traders sold Bitcoin and then: A) Bought US$ aiming to...
BCH long basedon trend, will undoubtedly run up pre-fork.
As seen in the chart, if BCC breaks at around 840. It could reach 900+
BCC reminds me a lot of Bitcoin's Fractal before we broke ATH. Watching for the retrace back to the trend line before entry
BCH/BCC has been a nice trade for the past few days. Looking for the next entry.
According to the Elliot Wave Principle, every market rise in five waves and corrects in three. After an amazing impulse from $190 to $972 in five waves, BCH corrected in a double combo WXY waves, labeled in blue. It all formed a symmetrical triangle set to bust before the end of the month, five new impulsive waves are expected is this count is correct. An...
Hi Seildev here, We're looking at 1 hour time frame a triple bottom with RSI divergence upwards. Historically the chart has not given a 3 point triple bottom. If retraced back to 0.055313 then this is a great opportunity for us to buy with: - Target 1 profits at 0.067464 - Target 2 profits at 0.082000 As always, trade with a plan and safe trading. Seildev
Is this a falling wedge reversal we see? Then we need a game plan! The max consolidation level stopped the drop and we’ve seen a nice bounce. From here, we may see a breach of the falling wedge, a fibo extension target at $454, the pennant target at $466, and possibly even a daily target at $612. I can also see the rally kissing the major fibo resistance at...
An ABC correction with an extended C as i see it, BCH started with an impulse again, the long term support held the bleeding, let's see if it can reach again the resistance and form that fractal!
Looks like BCH is correcting from an 5 impulsive waves waving from $300 to $540, C could find the bottom around $360.
long - take profit 500-600 short - take profit 300-200 Good Luck