Well, well, well We got a clear 5 wave structure from the bottom hitting 8.236 on wave 3 and 16.236 on wave 5 From here we got a ABC with perfect A=C length As long as we maintain 0.886 / 1.00 fib, this is so badly bullish it could just explode for a hell of a wave 3 (or just a hell of a C) - a hell either way! Hold my beer pls ---- No financial advice, do...
#BCHUSDT The market has the potential for an uptrend to 128$ SL 111$
BCH broke through the liquidity zone upwards after a period of reduced volatility. Trading volumes are reviving interest in the upside. The asset has consolidated above the 100MA (1H TF). I believe BCH could rebound if it consolidates above the resistance level.
An opportunity showing BCH with comparable double bottom points in extreme bear points The first double bottom leading to an up move was preceded by a gap, this may have some influence on the move. Regardless at this level BCH is undervalued and a good to hodl asset heading into the digital future
The graph is logarithmic. This is a secondary trend. That is the fall of the price since May 19, 2021, from the pumping of +666%. The trend is a pronounced downtrend in spite of the significant local pumping of +50-80% within the downtrend. At the moment the price is in a local consolidation near the area where the trend reversal started last year. Coinmarket...
Main Trend. Always, than to trade locally on the working timeframe 1h-1d always need to understand where the price is in the main trend and what to expect in the near future with the price with a high degree of probability. Coinmarket Coin: Bitcoin Cash The previous upward channel (uptrend) was broken by the price. At the moment, the price is near an...
●● Preferred count ● Bitcoin Cash / U.S. Dollar (Coinbase) ,🕐TF: 1D Fig.1 The assumption that the primary wave ④ could take the form of a large triangle was put forward as early as May 2021 . Subwaves (A) , (B) and (C) have been completed within the triangle, an ascending zigzag is expected within wave (D) . At the end of the triangle ④...
Bitcoin Cash (BCHUSD) has been trading below a Lower Highs trend-line since the May 12 2021 High. So far we've had 3 major rejections on that trend-line. Even though the coin is still not outside of this long-term bearish trend, on the short-term the price is attempting to establish a respectable bullish move as it is going to make the third attempt to break above...
BCH Setting up for a squeeze to the upside to grab liquidity of the shorts.
Like majority of mid cap projects BCH is forming very similar crashing pattern as BTC did in 2018. Of course 2018 btc crash happened with different velocity and curve, but price did have some kind of bounce and sideways movement as BCH had this time. If we extend fib. levels over 2018 bitcoin crash where level 1 sits at 2017 ATH and level 0 at the low, we can...
The price movement on the 4H formed a wide-band candle, the zone of which has already proven to be effective. Trading volumes declined, as did volatility. TD Sequential formed a reversal signal up (1H TF) I expect that BCH may start an upward movement again if the price can fix above the level of the previous top.
Bch broke gaussian channel and retested it , prepare for bulls to flood the market
Look for sell opportunities as indicated. After a steady upward climb, the bulls face strong resistance from the Bears. BEAR RALLY EXPECTED
In my opinion it's as low as it goes, everything has bottomed out, and the oscillators are extremely oversold. it's an amazing opportunity to get in BCH at the very bottom and the R&R ratio is perfect with huge profit potential.
According to the chart, the triangle pattern has broken upwards and there are important resistance ranges ahead. In case of reaction on these ranges, I have specified the possible scenarios on the chart. Its not Buy or Sell SIGNAL DYOR BY : Mohamad Teriz - @AtonicShark
wild price swing the past 5 years. looks like its back to its old stomping ground. when this does run it will be fast to either the downside or upside... hard to call. yolo, no yolo????
#BCH/USDT BUYING SETUP (Swing) $BCH valid retesting for continue upward movement . daily close before very bullish candle confirm doji for going continue upward movement . Buy with money management Entry : 140.5 - 130 - 119 Target : 159 - 177.3 - 204.6 - 235.8 - 281 Stop : 113
BCH has successfully broken through the upward downtrend channel and formed an uptrend line. I expect that the asset will successfully continue to grow after fixing above resistance level.