Bitcoin Cash -1.66% bounced nicely after dipping into the demand zone around $430 and has made a higher low after bears tried to breach lower into support a few days ago. The EMAs had bounced but are looking to turn back lower again here if we cannot push higher. We just dipped into demand and are currently right on top of the zone and it buyers can step in here...
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Hi, if short based on previous analysis available here please be careful at current level / manage position actively. Bears are trying to hold below 0,07 but move below 0,066 is needed ( based on today chart ) to keep negative momentum. As you can see we are testing strong intraday demand zone so a bit of ping-pong here possible.
Potientail H & s formation in bchbtc .now probably heading toward right shoulder formation to 0.079-0.08. if right shoulder neckline breaks we are heading towards 0.053 i.e previous yearly bottom and length of neckline to head. Stay safe..All the best :)
Guys do you really believe in btc UP move? Of course me not...so here´s my prediction for BCH...I think that MA 200 can stop him at 800+-, but if not he can go to the golden pocket zone and there I have more orders for short...It would be ABCD patttern or BAT pattern...what you think?
Bitcoin Cash (BCHBTC) is the next in line. All the signals are there, only the catalyst is missing. Bitcoin Cash is a solid project, is the first Bitcoin hardfork and it has a very bright future. This is a solid altcoin to hold long term and you can expect massive gains once the next bull run comes. Let’s start by looking at the weekly chart, no indicators this...
I believe $515 is bottom ( strong support ), will see next target $540 ( 1 ) and $570 target 2. Good luck
This is purely speculative and forward predicting without any conformation. -looking at the right shoulder being formed currently may see a double shoulder form like on the left hand side. -I do like Bch in terms of looking for longs currently rather than shorts * Disclaimer: I am not trading this pattern
BCH-BTC looks very good here.. well supported by 4hrs MA.. consolidating on both MA and 0.618 fib. .bullish divergence in 4hrs. MACD going for crossover. .Bollinger bands super tight..looking to explode Wave 3 looks normal wave..so we can possibly have wave 5 extension to 2.618 at 0.14 btc target, Target in green boxes..
Bch Bitcoin Cash btcbch breakout in a day or so. Ditto Bitcoin Litecoin Ethereum Ripple
Bitcoin Cash Next Price Prediction.
Ideally we will see a bounce or brake of the RSI trendline soon on Bitcoin Cash. Short or long on a retest of the line. In the end the direction of Bitcoin will decide - Personally I am biased bullish: But with this setup it should be possible to let the price action decide ;-)