Tread lines and Fibonacci follow it I'll add targets soon
BCH has incredible potential And this observation only exacerbates this potential When the 200MA becomes visible, it allows the 50 and 100 to adjust to the 200's position On the Bitcoin pair 1.618 is being tested, potential for a reversal Incredible long term hodl
COINBASE:BCHUSD is bearish. We are likely near the bottom, however, we need to wait for break to upside out of triangle. Steps to take: Buy at blue uptrend support OR break of $648 area resistance line if candle open close above OR multiple buy signals Sell if candle open close below blue uptrend support If BCH breaks down further below blue uptrend...
Here are my reasons for entering a short position on BCH /USD. The confluences for my entry: ✓ Strong overall downtrend ✓ Rejection of major key level ✓ Hidden bearish divergence at key level lower high - indication continuation ✓ Rejection at the 0.618 Fibonacci Retracement level ✓ TD Sequential printing a 9 on the 2HR - signally buyer exhaustion ✓ Stochastics...
BCH /USD LONG **Still waiting for entry** This is literally the exact opposite trade to the idea I posted two days ago - which would've played out great if I had held strong with diamond hands. Lesson learnt. Here are my reasons for looking to enter a long position on BCH /USD. The confluences for my entry: ✓ Holding at a key level of support ✓ Double bottom...
Entry: 608-667 Target: 473-497-534-557-576 Lev: 3x Stop: 700.71 If you liked my idea, follow me for more 🚀
BCH /USD SHORT **Still waiting for entry** **Will enter on confirmation of confluences starred below** Here are my reasons for looking to enter a short position on BCH /USD. The confluences for my entry: ✓ Strong overall downtrend ✓ Rejection of major key level order block ✓ Rejection at the 0.5 Fibonacci Retracement level ✓ TD Sequential printing a 9 on the...
Potential harmonic bat pattern formation is spotted on BCHUSD 8H chart. The completion point of the pattern lies within a strong demand zone 468 - 502. From that zone, a pullback will be expected. Closest levels for goals: 613 715 ❤️ Please, support this idea with a like and comment! ❤️ ⬇️ Subscribe to my social networks! ⬇️
📉 BCH/USDT | Potential Downward Movement 💡 Sell Limit Order @ 562.69 🎯 Target Profit 512.27 🛑 Stop Loss 587.68 ❌ Do not risk more than 1% of your account on each trade Description: The coin succeeded to break the continuation patter or the bearish flag to the downside. A correction might be seen to the strong resistance (highlighted zone) before a move...
Hi, Welcome to this analysis about Bitcoin Cash, we are looking at the 4-hour timeframe perspectives. Bitcoin Cash has moved into an interesting constellation as it developed this main descending-channel-formation in the structure with the coherent wave-count within and the waves A to D almost already completed. Now Bitcoin Cash is moving forward with the...
Today I noticed the spike in BCHUSD longs that has been maintained at a record ATH for weeks and growing. So I checked their website, their telegram, their twitter, and CMCal but there were absolutely no information whatsoever about any announcement or something being cooked... till a friend of mine, provided me with the link: smartbch.org And to my surprise, a...
Watching the trendline, has broken down. Need to see the next 4h close.
●● Mine scenario ● BCHUSD (COINBASE):🕐1D "Fig.1" The rise from the orthodox bottom of the triangle ④ formed a five-wave structure in the form of a diagonal, at least this variant of count can be applied to this structure in the context of the highest degree. The subsequent three-wave advance, which is labeled (2) , supports this idea. Cancellation of the...
This is a BCHUSDT Long setup with 4.35 R/R. very nice position!
Hi, Welcome to this analysis about Bitcoin Cash, we are looking at the 4-hour timeframe perspectives. Bitcoin Cash bounced with this initial bullish move to the upside where it now firstly pulled back however these pullbacks were not that strong and Bitcoin Cash managed to hold the structure in which it now established this descending-channel-formation with the...
Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BCHUSD 1W Chart) (1D chart) You should watch for any movement out of section 625.76-785.84. If it goes down, we should see if we can move up along the uptrend line. If it falls from the 625.76...
The Bitcoin Cash long-term uptrend might continue from this point onwards. But we are looking only for one wave for the take profit target.