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.
#BCH BCH formed channel, rejected from the top now retracing to 0.5 fib, time to take long position, also other confirmation is to long is the volume accumulation setup on the same area of Fib Golden Zone. 1. Channel uptrend the price rejected. 2. Price trace the bottom of the channel 3. Retracement to the Golden Ratio of Fib 4. Volume accumulation POC on the...
Bitcoin Cash has been showing clear price action indicating what's next. We recently had a massive move down after a double top and now we are in an ascending correction. We retested the 78.6 fibonacci and rejected it. We could trade within the ascending channel back to the highs. If we do break the ascending channel, we could make our ways back to the 400 level.
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...
Technical analysis: #BitcoinCash (Daily update) . Symmetrical Triangle Upside Breakout ✅ . BChUSDT is breakout confirmation done as well as trading above the both MA's (21 & 50- Day MA), and the beginning of parabolic uptrend is expected. . The RSI is also TRYING to breakout its downtrend, if it could happen which give momentum bch from here. Take Profits: TP1=...
Selling #DogeCoin at this price is pure stupidity :))) I can not say anything clearer than this , hold it up to at least 70 cents. and if you don't have it , buy some ... at least 15% of your portfolio ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban :...
#BCH broke the strong resistance in $667 and pull back to the level again , #BCHUSDT is ready to pump to 740 and midterm targets are 800 - 840 - 900 - 976 - 1127
Played out as suspected! Keeping an eye on the 650 area to hold and flip into support to keep things ideal. IF this is in a wave 3 it should keeping ripping. Not saying its done yet but will be looking for a wave for when it gives us a bit more info.
Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 700 - 800 - 900 after first target reached move ur stop to breakeven stop: ~460(depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 5 Good luck everyone! Follow me on TRADINGView, if you don't want to...
bch usdt signal . long x10 tp1 tp2 : risk free tp3 tp4
It seems everything is ready for a 30% rally. Still waiting for the RSI breakout. However, it would be good to enter now too.
Price is moving in a symmetrical triangle. It will pump hard after the breakout.
So far all our analysis have been going as planned so now we are having a look at BCH! down trend is spotted on H1 and also a strong sell pressure happening in H4 as a confirmation. We will take profit after a new low is formed. NOT A FINANCIAL ADVISE!
breakout at: 598.00 Long: TP: 928.34 , (53.87%) wait for the retest, possible entries: 1) 523.58 2) 497.71 - major position size 3) 478.57 Long: TP: 4094.46 , (719.21%) Note: I'm open to any suggestions and questions related to this analysis
eyes on this trendline. I think it will breakout soon. OBV is going to break the trendline too.
Quickie: Possible bullish scenario. Breaking 640 and hold as support would be a good start towards confidence in this count.
Every thing is clear in the chart Red is resistance Yellow is support Happy trade not a advice