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.
BCHBTC Now Trading bellow 0.029 BTC.
And I told you many Time for Short at 0.03150 BTC
and Price exactly hit Our Target point and our position entry filled.
My entry was 0.03146 BTC and now I closed my 70% position.
still looking bearish BCHBTC.
my Target for BCHBTC is 0.025BTC.
but keep in mind one think.
if 0.025 BTC level break down then free fall till 0.020...
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...
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.
0.91 regression downtrend on the 4hr chart, smaller time frames can be less reliable with regression analysis, in which i refrain from doing this often, however this is a strong trend. Red fractal indicates following of the trend and a small downward move to the 0 fib line.
BTC continues its journey within the downward channel, finally breaking the weekly 100 Moving Average (as should be expected) with the help of the 21 daily exponential moving average... as usual, the trend is your friend.
Next major support: the weekly 50 Moving Average around $6800, although it is also likely we will stay within the downward channel and fall no...
$BCHSV hit the Golden Pocket (fibs btw 0.65 and 0.68 retracement) with great precision! Is the a conscience? Or could we see a big move to the upside? Place your bets now traders! I would put a stop loss at ~$120.00. For a more brave trader, or with smaller positions, $115 or $100 might look like a better stop area. With this coin not being as liquid as others, it...
Hidden bearish divergence with LH and HH on RSI.
Bounce off the .5 retracement.
Looking for extension to 1.0 level of retracement (Target Level) which corresponds to downward resistance and accumulation zone.
*Not Financial Advice*
We have a major trend line to POTENTIALLY test. But mainly, after a 5 wave move, you always take the entire range to find the retrace. the .618 level and the BTC range of .021 - .023 are probable and should be seen as a buying opportunity. .033 was a triple top in late 2018 and should provide some resistance. after that, the fib extensions on this first (of many...
in 4 hour chart, Ascending triangle pattern sighted very clearly..
but it tell something different by looking with indicators
see a potential support or resistance through fib retracement line.
DMI : DMX is still rising mean momentum strength is still strong for bull for mean...
We are just getting started... The cryptocurrency market is getting hot and it will only become hotter in the weeks and months to come.
The small market cap. altcoins are going to be generating massive and fast profits, which we can use to increase our Bitcoin holdings, that's why we trade against BTC.
Now, feel free to hit like... and let's get straight to the...
BCH trapped in a triangle since its inception, RSI shows its trying to get out of the triangle in a month or two. We have to keep in mind that BCH doesn't have any value, its price movement almost entirely depend on BTC. When it broke out of triangle in December 2018 a narrow channel started(showed in dark lines), a possible move can lead to test the wall of...