On a four-hour timeframe, a negative trend is established, and the power is in the hands of sellers, But we are approaching the price floor. Traders can enter only breaking the negative trendline.
BCH will melt faces.. longest chain than Bitcoin. 32X faster than Bitcoin less fees because of higher block size (32mb).. there is no block size limit on the white paper.. The True form of Bitcoin is peer to peer electronic cash!
Litecoin doesn't seem very likely to let BCH outperform it as seen on the LTC/BCH chart, with BCH going up the only way for LTC to outperform BCH would be for LTC to go up as well so i think this Double Bottom has a higher probability of working out for us in the end.
BITCOIN CASH is in the good area. i think it complete the wave 2 and wants to start wave 3. there is low risk to good profit
OBV looks like crap but everything else looks good. Taken a nibble at 1700 sats
#BCHUSDT $BCH is inside a triangle and near the lower line that here is a long term support zone too. if price hold this support, then can head up to upper line of triangle that there is a resistance zone. break out from upper line will lead price toward resistance zone around $1000. breaking down from lower line of triangle will drop price to long term ascending...
Bitcoin cash has been within an ascending triangle since the may high and i have been paying close attention to the behaviour on the charts. I have key areas on the chart and BCH/USD has been reacting just as i expected! Using the volume profile tool i measured within the triangle and have them marked out on the chart as POC (point of control) , VAH (value area...
Here we have support zone and looking for volume, saving profit in top of trend line is a good advice.
Playout Prediction for BCH. Symetrical Triangle on 1D Chart. Due for big break out as it has been consolidating for 126 days.
Bitcoin Cash is a Bitcoin ‘hard fork’ with larger block size (eight times that of Bitcoin) and improved hash rate enable faster transaction speeds Rank 20 atm. Bitcoin Cash bounced from support multiple times. Good buy opportunity IMO. Between scalp between support and resistance. Long term hold from a good profit! DYOR and take profits, let me know what you think.
Bitcoin Cash price analysis shows the coin continues downside today as well after yesterday’s steep plunge. The BCH/USD gained significant value during November, but yesterday’s bears market damaged the cryptocurrency value to a great extent, and yet the downfall hasn’t stopped for BCH as it continues to fall, and today’s decline has nulled out the entire gains of...
EOS and BCH are portraying a common structure pre 2.618 transition Upon transition through 2.618 I expect a large bull move for both EOS and BCH Now is a great time to buy either The bars pattern is extremely speculative, I have no idea where the price might top, just that its headed up after the transition
Is it going to be a dead cat bounce or vertical bull run to ATH? Hopefully the latter - looking at strong trendline support and a triangle BCH needs to breakout or break down. Judging by general market sentiment and quite long accumulation phase where BCH visited 0.764 and 0.618 fib retracement levels after August bull run it has healthy foundations to grow.
▪Daily support at 550~520 levels (blue box), ▪V shape pattern detected, ▪Local supply and MSL above.
#BCH BCH formed channel, rejected from the top now retracing to 0.5 fib, time to take long position, also other confirmation is to long is the volume accumulation setup on the same area of Fib Golden Zone. 1. Channel uptrend the price rejected. 2. Price trace the bottom of the channel 3. Retracement to the Golden Ratio of Fib 4. Volume accumulation POC on the...
Bitcoin Cash price analysis suggests upwards movement to $700 The closest support level lies at $640 BCH faces resistance at the $680 mark. The Bitcoin Cash price analysis shows that after failing to climb above the $720.00 mark, the sellers broke the $680.00 support level as BCH returned to the $640.00 mark. Since then,the price has recovered to the $660 mark as...
The bears have been ruling the BCH/USD price chart for the past few days, as the price has been constantly experiencing a fall. The price underwent considerable decline even today, as the bearish trend brought it down to $656 extreme. This has created chances of the price going in the danger zone, as the bearish trend has been expanding at a constant rate.
Bitcoin cash broke and closed above a key daily resistance cluster. Now we see its retest. I will expect a bullish wave from 622 - 656 demand area. Next goal for buyers 782 - 802 resistance area. ❤️Please, support this idea with like and comment!❤️