#BITCOIN Cash ( Long Term )
Prices are still positive, we expect Bitcoin Cash to rise from these areas
The most important thing is not to close a weekly candle below the trend line
Take Care !
Do not hurry to buy, the price may go down to good places
BCH broke bullish of this inverse H&S pattern and currently testing the old resistance to potentially turn into new support territory.
Bullish momentum cross of 26 EMA and 50MA on the 4H time-frame gives us to shift bias to the upside.
Now, BCH needs to hold this current price levels for at least 24-48H to keep this short-term uptrend intact.
A price drop...
#Bitcoin Cash Usd ( Short Term )
Targets expected to be reached :
Target 1 : 432 $
Target 2 : 459 $
Target 3 : 491 $
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Check out some of our previous analyzes and don't forget to click on the "Like"...
BCH broke upward trend-line support but immediately bought up at a key support area between 0.382-0.5 Fib.
This area of support also coincides with the 50D MA plus the previous swing Low at 0.0370 sats which resulted in the price reaction to pull back up by 10%.
I'm expecting BCH to consolidate at these current levels for the next 24 - 48 hours before...
BCHBTC now Trading Above 50MA support.
according to Technical Analysis if we hold this Support Level 0.0400 BTC then we can see again Next Upward side Leg up.
and we can see 0.0500 BTC next Target.
If we not hold this price of 50MA and break down this support then we can see Leg down till 0.03500-0.03600 BTC.
so guys you are smart trader so Ready for both...
BCHBTC binance pair has formed a bullflag, included a fib extension targets. Alligator is currently 'eating' the three lines are stretched apart and moving higher denoting trending periods. This is the best time for long entries. Included a Jaw, Teeth, Lips diagram.
BCH went straight up over 37% within a day and passed thru 200D MA too.
We know the history of BCH, it loves to pump hard and dump hard after but this one is a bit different.
BCH breaks key resistance areas and trading above $300. I'm not buying this coin yet,
I'll wait for the price to pullback at key support areas where the 200MA coincides.
Bitcoin Cash btc pair Bullish before some days.
And 21% Up within last Week.
why it was pumped.
Because in daily candle Cup and Handle pattern work very well.
And still My Target of Bitcoin cash is 0.03150-0.03250BTC.
if this happened then I will short from there.
And My Target will be 2%-4%.
Keep an eye on Chart and Also eye on MACD and...
Bitcoin cash has formed a massive falling wedge, this falling wedge may lead to major upsides as a result of its size. A 0.5 fib extension is the target for this falling wedge. The support range should be a place for SL if the falling wedge breaks down, however caution when doing this as falling wedges may break down just to climb back up further than the wedge....
BCHUSD is displaying signs of a falling wedge within the channel trading region. A breakout upward may result in a break of the major downward trendline that has been holding this back for months. Or, it may simply push the price up to the trendline and fall back lower.
. BitcoinCash(ABC)/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a...
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...
BCHBTC chart here is showing a classic falling wedge pattern
Judging by historical support/resistance, the bottom is very clear here.
We can simply put our stop loss under 0.1 key support and a get a very nice trade with risk reward ratio greater than 8
***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***