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$.
BCH/USD 640 680 700 720
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BCH lost it strength. it might be a shake out but bulls need to push or price will fall back to 600ish level. Wedge Target: 610$
As I had predicted in my previous bit coin cash idea on here we reached the neckline of the double bottom on BCash and have finally triggered the breakout...the price target I have listed here is a great palce to limit sell, although we may run into decent resistance at the 1 day 200ma(in blue). We may also start to wick down just before this target too so a pip...
BCH on a bullish rampage should reach well above 1day 200ma before any sort of major correction. Even when we get there the correction could be quite mild before another leg up we will have to assess the overall confluence of indicators once we get there. However if one were to put a limit sell somewhere it would be at that target point, a pip or 2 below to ensure...
Hope, it is the quintessential human delusion, simultaneously the source of our greatest strength, and our greatest weakness. It is time to allow BCCBTC to retrace. Looking forward to your comments!
Thanks to BCH we have a bull market for the next two weeks. Binance is going to be honoring the Hardfork BCH is having so people are going to buy and hold this to get the free coins. Look on a lower timeframe for entry. Don't short this unless it breaks the trendline, you will get rekt. Buy hold for 2 weeks then try short the top. Levels of interest