Short Sell: 920$ Stop: 1050$ Target: 710$ Term 4-7 days
RSI is near oversold region. Trendline support is seen in the chart. Will this trendline support or will it break? NOTE - 1.This is not an investment advice, its just for knowledge purpose. 2. Any suggestions or idea will be appreciated as I am learning TA.
Short Sell: 0.149 Stop: 0.154 Target: 0.138 Term 3-4 days
Hey, I am back with another Technical Analysis, this time looking at Bitcoin Cash. Lets keep it simple and just right on look at the chart. On the chart you can see Ascending Triangle that has formed, if Triangle has to be valid it has to seen at least 2 swings high and 2 swings low , currently there are 2 up and 3 down. Bassicaly in ascending triangle...
All Binance USDT pairs trends monitored on this one chart using the Bull Filter Index script. Bullish pairs signalled when the indicator crossedover 50. Last pair to be bullish was BNB. Prior to that BCC and ETH last April. Easy to monitor multiple pairs using this indicator, other coins can be added. Current Binance USDT coin pairs in chart monitored by one...
Hey everyone! This is piggybacking off a previous post (linked below). Looking at the 4-hour chart for Bitcoin Cash, I see 2 inverse head and shoulders near completion which could make an exciting trade setup up. The completion of the first inverse head and shoulder pattern should bring us to the neckline of the second set up. And hopefully, it will domino from...
BitcoinCash found the bottom at btc 0.123 while forming a bullish divergence on the RSI oscillator. The following wave up resulted in a break above the downtrend trendline and the 50 Moving Average, suggesting the continuation of the already established uptrend. The recent wave up resulted in a break above the btc 0.152 resistance level, confirming BCC/BTC...
Chart says it all. Target1 2100 Target2 2900
Broke downtrend and formed a triangle after a small leg upwards. 1030 was the confirmation for bch to start the new trend. Safe to go long with stoploss below bottom triangle. Targets are displayed on the chart (.32 and .618 fib). risk is 10%, potential gain is 20-40%. Good luck
So you missed a nice uptrend? No worries, you can always profit from the bounces going down. If you don't know how to use Fibonacci I will explain. First you need to establish the lowest point (labeled in green) and the highest point (labeled in red). So first take the Fibonacci tool and line it up with the the lowest point. Next, take the Fibonacci and line it...
Downtrend line since start of May broken. Edge to edge triggered and Bband breakout on the 4 hour as volume returns after a month of consolidation. VPVR, Ichimoku and fib confluence pointing to a target of around 0.16.
BCC Still Continues To Seem Bearish. 1) Moving Averages are about to cross Bullish and price action is underneath the MA trend lines. 2) Formed a Head & Shoulders pattern and the pattern confirmed. Expected Target for this is $684. 3) A long term trend line was drawn from the start of Nov 2017 until today. This trend line lies right above the Short Target...
BCC is forming a bullish butterfly around 980 level , with price action making higher lows and RSI also curving up, this may be an indcation of a short term reversal around the D point (PRZ for the buterfly) If bcc manages to break above 1000 level with confirmation, then it will look to Target the 61.8fib resistance level at 1063 Target 1:...
Head and shoulder pattern setting up on BCCUSD. Fib shown as guide for potential take profit areas. Enjoy. Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
This Analysis is to confirm the H & S analysis bought forward by jpbrown1023. Shout out to him for bringing this plausible opportunity to my attention. His/Her link down below. As you can see within the chart's text bubbles, there seems to be a number of factors that are favoring the advancement of the right shoulder. However, BTC still has strong market...
BCC is currently trading below the 61.8fib(1063) resistance Currently it is forming a bullish shark pattern around 950 support level with RSI showing bullish divergence If we get a break above 996-1000 region with confirmation, then Target is 1050 region. However if btc falls below the 950 support level then, next levels of support are 915 and...
BCH has formed a nice and neat stairway channel to a very low area. However the predictability could make it a playable coin. Could be entirely wrong, coin also has a lot of negative vibes surrounding it to keep in mind.
Bitcoin Cash / USDT Grab the chance now - dont wait too long will go up together with btc if resistance of btc will hold! BuyZone Perfect entry now Target 1 1420 Target 2 1938 Target 3 2350 Time Frame Midterm / Longterm