At D1, the cloud is directing downward, indicating a downtrend.
Besides, the cloud is directed downward at H4, which also indicates a downtrend.
On H4 and H1, the correction model in the form of a triangle is visually well visible.
We recommend selling on the breakdown of the downward correction model boundaries, or in case of false growth to the level of 250...
Bitcoin Cash has suffered a lot. And this seems like the perfect time to end its suffering. BCH always pumps when no one is paying attention and now is its time to shine.
Target: 340, 365, 395, 410
Bitcoin Cash looks like a laggard on the bitcoin pair but could really make up for it if Bitcoin holds its end. We had a lot of action the past hour with that scam wick up which trapped late longers and early shorters by triggering their stops only to bring us back right back to where we were. Now BCH broke up from its bullish pennant (not seen on the chart as...
Bitcoin cash seems to be in a huge falling wedge. It is testing to the top of the wedge and may even break out to the upside. Bitcoin looks really indecisive right now. I am closely monitoring my Ethereum position as well. If this doesn't break out now and bitcoin decides to take a fall we might have a very good trade on our hands. I will long the bottom of the...
Hi Traders. Bitcoin Cash/btc is now in Wickoff acumulation schema. Potential profit its now 20 -25 % (first zone). BCASH have halving 37 days, before BTC. Important resistance and support are in the graph. The first taget is a zone of about 0.04 btc. After reaching the target, the graph will be, step by step. GL, HonorDeal
2 scenarios I see that will play out.
The first one is we simply just go down from here to complete the 123 flat. (If you choose to take this trade, you want to risk less than what you usually do, because it is only a 1:1 RR).
SO - 307.1
TP - 283
SL - 331.33
The second scenario that is also viable based on my forecast is, up from here to...
We are currently inside a 123 correction pattern.
Look to break the 288 zone before heading back up to retest the 325-335 area.
I will post a sell setup that you can take for this current pattern.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to follow, I will...
Hello traders and guys. Looking at the chart, Crypto Total Market is yet bullish!
Total MarketCap is tested Daily EMA50 line and bouncing up from EMA50 line and probably showing Inverse H&S as you can see in my chart.
However BTC Dominance was quite huge this year 2019 and now showing Rising wedge chart pattern.
Bitcoin is the king of crypto and the safest...