BCH has recently hit previous highs and is struggling to gain any momentum. I expect a small retrace to occur and a fall into the potential buy zone. This area in the yellow box is a great point to stagger buy in bids for the long run. The daily RSI is pushing downwards while BCH slowly tries to climb. This is bearish. Wait for the retrace and bounce. Upon...
Hi Traders. Bitcoin Cash/btc is now in Wickoff acumulation schema. Potential profit its now 20 -25 % (first zone). BCASH have halving 37 days, before BTC. Important resistance and support are in the graph. The first taget is a zone of about 0.04 btc. After reaching the target, the graph will be, step by step. GL, HonorDeal
Starting to look interesting; we're still being rejected at weekly resistance so I wouldn't be a buyer just yet, however if we see a weekly close above 0.03257, I'd anticipate a +48% move to retest the 0.04843 level, which would then entice me more than the current R:R.
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)
As per Peter Brandt's tweet, and this chart, we see a Head and Shoulders formation. The target is $127.
> One would expect at least 1 other level of consolidation on the way down before hitting the final target, as per the chart
> The 2x HULL moving average along with the Daily RSI chart, gives us an overview with the price movement and corresponding...
BCHBTC Looking bearish in one day chart.
In one day chart Bitcoin cash break down the Bearish pennants and we can see target 0.023 BTC and if it break again down then 0.020 BTC is strong psychological Support.
We can see some pump in BCH because or trap.
I am shorting and I also told you when prize was 0.026 BTc I told you I sort every pump.
and it went up to...
BCHBTC look like Bear Pennat in one day time frame.
now Rejected from Resistance of Trendline of Triangle.
We can open short with low leverage .
Resistance 0.03190-0.03277 BTC
And support is 0.0276 BTC.
Resistance mean your stop loss is 0.03277 btc
And support mean you can exit 0.0276 btc.
Never gambling guys use low leverage if you want to earn in safe...
On the weekly chart, BCH has been performing well and has reached the main resistance.
If the candle stick open and closes above this resistance, then the trend is confirmed bullish. 21 EMA acting support.
On the daily chart, BCH has moved up while BTC has dropped. If BTC was to drop further, it will be unlikely BCH will continue in the upside.
BCHBTC now Very down and very near of last Bottom around 0.0235 BTC.
If this hold then good otherwise free fall we can expect.
If Main strong Support Break then I can expect BCHBTC price between 0.016-0.020 BTC.
So be careful from BCHBTC trade.
I just suggest you open any trade with stop loss and think why you open.
This two main point is very important .
I am bullish on BCHUSD also.
I can expect 150% from here.
now 200 MA is strong support.
and 100 MA support now become resistance.
My Target of BCHUSD is:
Not Financial advice you can also research .
For more crypto related latest updates join my twitter.
My last Chart of #BCHUSD is done grate profit for our followers.
I also booked good profit.
I opened position of BCHUSD around 260$ and booked profit at 500$ and
two targets $400 and $500 achieved.
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$bch many Request of Many #Crypto Friends I share my Opinion about #BCH
Still I am bullish on #BitcoinCash and still my Target is 600$ and 800$.
Chart Looking Bullish.
I never trust on negative #FUD in the Market.
but stay away from June contract on #BitMEX
for more Updates please follow my Twitter: twitter.com
Just a Quick Update:
Following successfully breaking out of the channel the following levels will be the key points and if/when broken the price will reach higher:
Let's wait and see how this plays out :)