We've hit the .786 (0.0351) fib. retrace zone and received several signals that confirm a possible completion of this retrace.
A dragon fly doji with above average volume showed up, plus the RSI is coming out of oversold.
We see the same MA200 working as resistance here, as soon as this black line can be broken, expect our targets to be reached.
All details are...
Garbage coin long-term but I trade it to get more BTC, so here is a trade that's looking fairly good, nice double bottom on shorter time fracmes and I love me some bull pennants. A conservative play would be to wait until it breaks the trend line.
BCH(Bitcoin Cash ABC) has started its downtrend wave since around 21st December 2018 and expected wave (5) to end soon with the ascending triangle pattern.
The triangle pattern tends to break upward after playing 5 waves and now we might be in a potential 5th wave of the triangular pattern.
If it were to hit the ceiling of the pattern that is...
Quick but accurate analysis on BCHABC!
The time frame the technical analysis was based off of was on a 4 HR. Keep in mind that
there is not much to go off of with BCHABC being that the chart is so new but what i can
see is that we will have a 61.8 FIB retrace before moving up. I would say give it a few days to a week
and retrace will have...
...I have to type in the letters 'BCHABCB-' to look at more of this absurd PA.
The BCH saga may be the the most complex, yet ridiculously petty large scale crypto-fuckfest to date. Yes that gets a hyphen.
BCHABCBTC...fuck. Just what the fuck.
Who the fuck cares where either of these garbage chains are going. Maybe it's a double bottom, or the first dead cat;...
BCHABC Trade Setup Buy Around 0.037000 and Sell 0.055000
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
At the 3-hours timeframe chart it can be seen that a recently formed flag contains Bullish Three drives pattern.
The three-drive pattern is a lot like the ABCD pattern except that it has three legs (now known as drives) and two corrections or retracements (they can be seen in the beginning and in the end of the pattern)
In fact, this three-drive pattern is the...
BCHABC is looking great after its massive breakout several days ago. On the hourly chart, you can see the MACD has found support at the zero line and the price action has formed a bullish pennant. This is also the right shoulder of an inverse head and shoulders pattern. If BCH continues to the upside out of this pennant and through the pink neckline, we could have...
BCH forming one of the biggest bullish pennant on daily.
My Elliot wave final target lies at 0.09 which is also pennant measured move.
Stop loss is must here because on pattern failure it will dump hard!!!
If you have specific question u can join my TG group for this trade specifics.