BTCUSD sellers are expected to push the support at 55830.15 today. The target remains the same at level 50486.45.
Sellers are stubbornly pushing the price of ETHUSD pushing it to the support of $ 3992.20, from where the main idea of the fall is the level of 3549.40. Resistance at 4400 is surely holding back buyers, thus, until this level is passed by the bulls, one should not think about buying. Have a nice trade! Your Solldy.
The BTCUSD coin continues to move downward locally. The next target for sellers will be to break the support line at $55830.15. Globally, the instrument has an upward trend, so there are no changes in the cardinal trend in this regard. But you should be careful, as you may not have time to watch how Bitcoin falls, just as it grows. Have a nice trade! Your Solldy.
➡️ At the time of writing the trading idea, the ETHUSD coin is trading at 4194.73$. As again, I noted earlier in my recent ideas and forecasts, the main cryptocurrencies are now in a correction stage. We are not talking about some kind of trend change, but a downward movement at the moment is now taking place. The approximate parameters of the order are in...
Bitcoin cash has been within an ascending triangle since the may high and i have been paying close attention to the behaviour on the charts. I have key areas on the chart and BCH/USD has been reacting just as i expected! Using the volume profile tool i measured within the triangle and have them marked out on the chart as POC (point of control) , VAH (value area...
And so, for this coin, everything is very clear too. The situation is very similar to ETHUSD. The strict priority of sales can be traced now. The resistance level of $ 597.75 is in this case a sell level. Movement from this level is expected up to $ 543.55. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
And so, ETHUSD is moving in a downtrend channel. The cryptocurrency has entered the stage of a downward correction. The level of $4334.10, which also lies on the resistance line of the downtrend channel, serves as an expected sell point. The target of the fall will be support at the level of $3964.40, but now a fall is also being considered up to the level of...
➡️ Despite a slight recovery towards the end of the working week, Bitcoin is under the influence of sellers. The current Bitcoin price is 58,670$. The coin is moving in a downtrend channel and does not intend to leave this channel in the near future. Earlier in the forecasts and trading ideas, it was noted that a correction in the cryptocurrency would begin...
For ETHUSD, the sentiment is also bearish. In general, there is nothing to add. The coin will rise and in the area of $4200 the price will fall again. The target will be a breakdown of the support level at $3992.23. Have a nice trade! Your Solldy.
The previous trading idea for BTCUSD worked out, the price was at $ 55503.95. At the moment, there is clearly an attempt to recover, if it was not possible to enter a buy right away, then it is better to wait for a sell signal again. The tool will roughly go up to $ 60,000, from where sales will flood again. Have a nice trade!
The trading plan for BCHUSD is quite simple, and you don't have to invent something. The level of 576.65 is a resistance, in the price area of which a sell signal can be expected. Such a small upward correction is expected mainly for all major cryptocurrencies, after which a downward movement will follow again. In the case of BCHUSD, the target for the next fall...
Bitcoin Cash is a Bitcoin ‘hard fork’ with larger block size (eight times that of Bitcoin) and improved hash rate enable faster transaction speeds Rank 20 atm. Bitcoin Cash bounced from support multiple times. Good buy opportunity IMO. Between scalp between support and resistance. Long term hold from a good profit! DYOR and take profits, let me know what you think.
Hello everyone! BCHUSDT demonstrated a great run and tested a major resistance zone. Currently is extremely overbought and expecting a retrace from here to gain power and continue upwards.
EOS and BCH are portraying a common structure pre 2.618 transition Upon transition through 2.618 I expect a large bull move for both EOS and BCH Now is a great time to buy either The bars pattern is extremely speculative, I have no idea where the price might top, just that its headed up after the transition
Is it going to be a dead cat bounce or vertical bull run to ATH? Hopefully the latter - looking at strong trendline support and a triangle BCH needs to breakout or break down. Judging by general market sentiment and quite long accumulation phase where BCH visited 0.764 and 0.618 fib retracement levels after August bull run it has healthy foundations to grow.
Top-down analysis on Bitcoin Cash. Price action analysis & key levels. Great buying opportunity explained. ❤️Please, support this idea with like and comment!❤️
Looks like 640 held! At the moment, a potential Zig Zag down complete is possible, which would still fit with this count variant. A zig zag complete does not necessarily mean the correction is over, especially in a wave 4. So watching how this developes. Green done, yellow some more correction, red bad for short term bulls. Watching these support resistances which...