BCH, has been consolidating at the 240ish range for a few days now. Price has been moving horizontally with thin volatility suggesting a firm support at the current levels.
It's currently at the 38.6 FIB level -- a first level support for buyers.
On Daily histogram (top indicator), it has recorded its first bottom-wave shift line after almost 7 weeks. Last one was on June 13. This bottom-wave shifting line usually appear as a prerequisite before a surge in prices. New bubble up volume has appeared after almost two weeks suggesting firm support of buyers at the present range.
Daily higher lows has been created -- with first white light candle in sight.
On monthly data, it has recorded it's 2nd net positive volume increase signifying a firm support on the intended goal direction: UPSIDE.
Expect some significant price ascend from here on.
Spotted at 248.0
TAYOR. Safeguard capital always.
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HOLD. HOLD. HOLD.
Seed for if you don't have it. Augment if you have little. HOLD if you have enough.
TAYOR.
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DAILY DATA Update:
New attempt is around the corner.
Spotted 230.
TAYOR.
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Weekly data update:
This is shifting already on weekly data. HUGE hint of a significant reversal the upside.
Spotted at 188.
TAYOR.
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That mini correction is healthy. Looks yummy again -- upside continuation on queue.
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Current price is a bargain.
190.0
SEED.
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So far so good on the recent price movements.
Daily higher lows has been registered -- first one since July 2023. This is hinting of things to come.
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Trust the process. We're almost there. Patience will be rewarded.
Spotted 190.0
TAYOR.
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Congrats holders, nice surge.
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Consistent Weekly higher lows registered - preppin for 300 ascend.
TAYOR.
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BCH preppin a retest of 250 levels.
TAYOR.
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BCH 4h higher lows -- creating new base for a breakout anew with goal to 250++ beyond.
TAYOR.
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4H data update:
Calm and timid is a good thing. SEED.
Spotted 230.
TAYOR.
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Daily data update:
BCH is poised to re-test 270 -- its previous peak with possible breakout.
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Last call on this one. The daily shift momentum is getting stronger.
240 range maybe the last time we will see this before heading to 300.
TAYOR.
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BCH giving another opportunity to seed -- at a bargain range.
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Daily data update:
Accumulation reset at 237.
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BCH is prepping for a 300 price breakout soon based on recent price movements.
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PRE-SURGE alert is up now. See you at the higher valuation soon.
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READY.
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TARGET HIT PLUS MORE.
Congrats holders.
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New attempt in order.
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BIG ALERT.
HEAT ZONE has been touched. Momentum will intensify now.
Expect the 350 to 400 target range soon.
TAYOR.
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BCH had a mini correction which is healthy. It means it's steam power going upward will be more intensified.
So far on our 4h data metrics, it is forming consistent higher lows.
So, just HOLD. And worry less.
TAYOR.
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Fresh attempt on 4h spotted.
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Bear roadblocks cleared. Eyeing 300 on the next surge.
TAYOR.
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Not everyday you get to see a discount sale like this.
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On our daily metrics. BULLS are now back.
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4H data update:
BCH will lead the pack on recovery. Breakout on 4H channel / daily price shift.
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SEED ZONE, don't doubt the upside potential of this one.
Consistent higher lows on the lower timeframe.
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This is preppin for a 300++ breakout based on daily price metrics.
The movement is becoming clear now.
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MONSTER SURGE.
Congrats holders.
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2h data update:
muted correction done. Another round of ascend is expected soon.
TAYOR.
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This is targeting 550-600 on the next runup, and it's starting already to execute that plan.
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Ready for another attempt to 600.
TAYOR.
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Another strong upside squeeze coming.
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GET READY FOR ANOTHER ROUND OF SURGE:
BCH HALVING EVENT IN 9 DAYS.
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Prepare for the BREAKOUT OF A LIFETIME as we near halving event:
9 TO GO TILL HALVING DAY.
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CONGRATS HOLDERS. WHAT A MASSIVE MASSIVE RISE.
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READY TO RETEST 700 LEVELS with a possible strong breakout anew.
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This aiming for for 700 levels again. A daily shift has been spotted.
TAYOR.
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Chart update:
We got a breakout. Expect more upside surges from here on.
TAYOR.
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RARE DISCOUNT SALE opportunity.
BCH giving you another opportunity before the next upside round comes to fruition.
are you still considering the top to be around $400? if possible and you see a reversal and can provide a heads up that would be greatly appreciated!! thx again for posting....as you can tell rather knew to this and trying to learn as much as possible... appreciate ya
JSAL
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@cwilson7147, Thanks for the feedback. Sure, I'll do another update if something changes along the way. That 400 target will only be guidance, it could be more or a little less but with halving event nearing in a few weeks time, the probability of it touching that area is high. If BTC reached ATH this year, the everything else will be rosier and a 4 digit BCH prospect can't be disregarded.
cwilson7147
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@JSAL, thank you sir.....just to provide a little insight i am a 50yr old father of two and a die hard sports fan but not a very good better :) so have been dabbling in trying to understand the crypto world a little :) only been trying to learn for the past 5-6 months and have a profound amount of respect for those like you who can make heads and tails of all this volatility but definitely enjoy learning and have a little fun money to make it entertaining as well.
JSAL
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@cwilson7147, Oh thank you for sharing that little insight. I appreciate it. I'm glad to be able to share some little ideas here and there and hopefully be able to help someone like you.. I don't always hit it out of the ballpark because market can be a little clown at times and it's normal. But we make adjustments when needed -- and of course, risk management will always save us. I wish you well on your journey to the crypto world -- and hopefully it brings you fruitful things both tangible and intangible. :}