The asset has fallen under the channel and is now trading in the range formed by a wide descending candle. Trading volumes showed growth on candles with long upper shadows. RSI is moving in the sellers' zone. It is important to watch the price reaction to the middle of the range and the lower boundary of the channel. I believe that the asset will continue to decline.
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BCH symbol. The green box target is still standing. We are looking for short transactions in the red box For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any...
We have identified a bearish breakout on the support formed over the market sideways happened under an hourly timeframe, which looks promising for a downside momentum ahead.
Trading volumes declined on price correction. The asset fixed above 50EMA on 4H TF. I believe that the asset will bounce off the support.
Looking for a impluse higher confirming the flip on a weekly timeframe.
Looking for a move higher for Bitcoin Cash . But much higher. Prevailingnine July 21
Hey friends hope you are well, and welcome to the new update on Bitcoin Cash (BCH). Falling wedge breakout: On a weekly time frame, the 15th largest cryptocurrency has broken out a falling wedge pattern. Big symmetrical triangle: After the breakout Bitcoin Cash was not able to continue the rally because of a resistance of big symmetrical...
I’ve been watching SET:BCH closely and it has become extremely bullish but also people are HODLing harder than ever. There is a noticeable decrease in selling pressure after the 250% gains, and I believe we are primed for an increase in buying pressure and volume. Fibs will show levels SET:BCH can touch, although, it is holding very strong so it may never...
After breaking out of a symmetrical triangle, the price pulled back offering a short stop entry opportunity. Target: $297 Stop: $278
BCH has fixed above 50EMA on 1H TF. RSI chart is moving in the bullish zone (4H, 1H and 30m TFs) I think the asset will continue to rise after fixing above the resistance level.
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After an incredible run is trading under resistance, no long before it flips 307, if u want a trade, short now with 275 retest as target, tight SL though. NFA
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BCH symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. In November 2018, Bitcoin Cash split further into two cryptocurrencies: Bitcoin Cash and Bitcoin SV. The long term trend is negative, which leads me to conclude that it will be negative in the future also. On the near term I would suggest...
Bitcoin Cash with ticker BCHUSD is one of the first weaker ALTcoins with a massive recovery away from the lows. In the 4-hour, we are tracking wave 4 correction after a completed an extended wave 3. It's bouncing sharply and strongly from projected support after a three-wave (A)-(B)-(C) corrective setback in wave 4. So, seems like wave 5 is now underway that can...
Nice support at 273 no reason to be afraid of the parabollic move when adding
Hi, dear friends, hope you are well and welcome to the new trade setup of Bitcoin Cash (BCH) with US Dollar pair. On a 4-hr time frame BCH is about to complete a bullish BAT move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.