impulse move up after W bottom formed. Broke above bull pennant and currently consolidating for more upward movement. Targets on chart.
break of range Litecoin likely to push much higher. Daily Demand + Key S/R level confluence.
Did a TA on Bitcoin Cash against BTC. It shot up from 0.064 BTC all the way till 0.098 BTC after the announcement from binance that the hard fork token will be supported. Interestingly enough, it did not pass the point of 0.1 BTC and i think because there was a lot of sell orders at that point because of the rule of round number. Nonetheless, after doing a...
think there is still much time to the fork left so there is enough time for the last spike before last retracemant....
With the BCH Hardfork looming and from previous experiences of many forks taking a massive drop before recieving the splits, BCH chart also looks ready to drop even further down staying within its descending channel & also on its C wave to the 0.618 golden ratio zone, perfect opportunity for a short!
I see 5 Waves down, ALMOST complete 4 #BitcoinCash | $BCH $BCC!
Midterm forecast: . While the price is above the support 0.0655, beginning of uptrend is expected. . We make sure when the resistance at 0.0980 breaks. . If the support at 0.0655 is broken, the short-term forecast -beginning of uptrend- will be invalid. . We will close our open trades, if the Midterm level 0.0655 is broken. Technical analysis: . The Falling...
Midterm forecast: . While the price is above the support 0.0655, beginning of uptrend is expected. . We make sure when the resistance at 0.0980 breaks. . If the support at 0.0655 is broken, the short-term forecast -beginning of uptrend- will be invalid. . We will close our open trades, if the Midterm level 0.0655 is broken. Technical analysis: . The Falling...
BCHUSD We have a good resistance zone . On the news with the hard forks, the price of the coin grows and a few days before the hard forks begin price rolling back. Here is a good trade by zones. RSI has already overbought.
Both Long Position Target Complete . Let c What will be next Move in BCH.
Currently at Daily level of support, look to the lower timeframe price action for entry. Good Luck from The TRADRZ Team
BCH hit the supply zone above after its massive rise on upcoming fork news EMAs have crossed bullish and continue to climb We have dipped into the demand zone below and could still see price return back inside as BTC does look like it wants to pullback This would be the ideal spot to enter a scalp long into the fork Upside targets are still very...
Ideally want to see one more higher high and REQ looks very ready for upside expansion. GL from TRADRZ
Bitcoin' has moved up from 450 to 650 since i posted my first post a week ago, so far it has confirmed the bear trap counter move. It has moved up 50% and assuming the extreme days belong to the past, we can assume things will slow down a bit the coming week or so. There has been a lot of talk about the hard fork later this week, I personally choose to ignore it....
Looks like we have a strong support before moving up to the next zone. Chart is pretty self-explanatory.
Looks like a drop to me but if they don't hold 580$ level it will drop back to 540$.