It is likely that all the lines will cross the 200-day MA again, which will see a extreme fall. We must keep watching and stop trading for now.
Looking at BCHABC's daily chart, I believe we have a very bullish set up. In fact, I'm surprised the price isn't higher as bullish as the MACD is. This very well could be an indication that the price will soon jump. The price action has broken out of a descending wedge and appears to be repeating a pattern it did in April. Not only does the price action match that...
The price got stuck in 300 zone. On the backtest we see, how MM drops out everyone from triangles in this zone. Control your positions here. Have some extra money to buy more at the lower levels. Good luck everyone!
Bitcoin Cash has a nice continuation pennant forming. Watch for a break to the upside.
The price is breaking through the main dynamic resistance. The next target is gonna be around $350. Zones of sopport and resistance are on the chart. Good luck everyone!
BITCOIN CASH - BCHABCUSD - Technical Analysis - 37.4%-518% Profit Expected Big Move Coming Up ... 5x Gains Expected. Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :) In a lower time-frame (4hrs) this long position has also been confirmed. Target Profit Range - 158 - 448 (37.4%-518% Profit Expected) TP...
Looking for continuation, should be fast move in this thin area
Priceline of Bitcoin Cash / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Price action is getting bounced from bollinger bands support. Volume profile is showing less interest of traders at PRZ level but MACD is...
Looking at Bitcoin Cash's daily chart, we can see the price is currently testing overhead resistance. The setup isn't ideal as the price action looks like a giant bear flag. But the MACD has a bullish cross over the signal line and with all the positive price action in the alt market the past couple days, it wouldn't surprise me to see BCH go on a bull run of its...
Updated support and resistance levels
I wanted to share this beauty of a chart by the team at Monero. I love geometry, shapes, waves and everything else in between. I wonder where it will head to next...A, B or C? ;) At Purple Crypto Premium, we have had a ripper of a month in September of precision trades with on-point signals. Total trades: 3 Profiting trades: 3 Losing trades: Nil TOTAL RETURNS:...
Updated support and resistance levels. The strongest resistance will be in the middle of the channel. Good luck everyone!
Local support lines and targets. Good luck everyone!
The price is currently trying to break the 1st resistance level. Safe buy is on the middle of the channel or around 0.3 fibo level. Good luck everyone!
looking to see if the double bottom holds on the up trending channel. if it does it should long to previous high but if the head and shoulders is true there will be a decent drop down. but the up trending channels makes me think a long is coming.