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...
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The analyst has drawn the price target price at $225 level. As per the idea, the cryptocurrency will turn bearish and hit the $225 mark before turning bullish. Should the fall complete, the BCHUSD pair will move to a high near the $260 level.
Title: BCH/USD BUY SIGNAL
Asset : Crypto
Type : Limit Order
Time Frame :...
Key Highlights
• BCH/USD continues to see a series of lower highs in its market valuation.
• There is a likelihood that a notable move will soon experience past an upper range line at $280.
• A break of either of the two range points at $280 or $240 will signal a definite price direction in BCH/USD market operations.
Bitcoin Cash (BCH) Price Analysis
• Major...
Key Highlights
• BCH/USD continues to see a series of lower highs in its market valuation.
• There is a likelihood that a notable move will soon experience past an upper range line at $280.
• A break of either of the two range points at $280 or $240 will signal a definite price direction in BCH/USD market operations.
Bitcoin Cash (BCH) Price Analysis
• Major...
Last time i analysed BCHUSD, i noted that we could be seeing
a support at the blue line as now confirmed.
This drop has coincided with the BTCUSD and ETHUSD drop
that we have all witnessed.
Stoch RSI is now crossing over now also, we could be seeing
the start of the uptrend.
on the 7th Nov BTCUSD was around $630 now dropped
down to just below $207. this has...
BCHUSD drooooopped this week. this is a possibility it might even drop a lot lower to around $200. ~@&%
in a fairl world the bulls should rush in now. a word of caution... tread lightly.
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Bitcoin Cash looks like it will bounce back to the upper trend-line to test it again. However, this move will see an increase by over 20%, while at the moment all altcoins incl BTC are low and looks like they go even lower.
Let me know if you think BCH is strong enough to do it?
Bitcoin Cash to test the upper trend line of the funnel. The green area should be the deciding point on whether it is going to breakthrough or continue in the same manner. I look forward to hearing your ideas too.
