BCH/BTC BCH broke bullish after trading outside the trend-line resistance. We can see an EMA cross of 12 & 26 on the Daily time-frame. This will signal an early sign of momentum change to the upside. I expect BCH to cool down a bit as the price is extended during its breakout. A retest of the EMAs and immediate support between 0.382 and 0.236 regions.
bitcoin cash getting close to breakout out of a long term downtrend
Bitcoin cash has formed a massive falling wedge, this falling wedge may lead to major upsides as a result of its size. A 0.5 fib extension is the target for this falling wedge. The support range should be a place for SL if the falling wedge breaks down, however caution when doing this as falling wedges may break down just to climb back up further than the wedge....
close to breaking out if we can break this trend line
Priceline of Bitcoin Cash / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 204.25 to 202.67 Sell between: 207.90 to 213.55 Regards, Atif Akbar (moon333)
BCHUSD is displaying signs of a falling wedge within the channel trading region. A breakout upward may result in a break of the major downward trendline that has been holding this back for months. Or, it may simply push the price up to the trendline and fall back lower.
-BCHBTC- The BTC's decline is still supported at 0.02737526. Check if you can continue to receive support. -BCHUSDT- The fall is larger than the position of BCHBTC.
It is still supported at 0.02737526. It is supported by the short-term uptrend line. ------------ Bollinger Bands began to converge. If we can settle above 20MA, there is a chance that we will rise soon. Also, if you keep failing to break the 20MA, it is likely to fall, so take some time to watch.
There is no big change. The movement may change depending on whether the BTC rises. -BCHBTC- You are about to touch point 0.02737526 again. Check if you can get support as before. -BCHUSDT- With the support of the short-term uptrend line, we should check to see if we can break the 216.01000000 mark. ------------------- Since the direction of the BTC is not...
Bearish Butterfly Scenario for Bitcoin Cash ( Daily Chart ). Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional...
I will see it in the short term. Replaced the BCHUSD chart with the BCHUSDT chart. -BCHBTC- Support is found at 0.02737526. Touch again 0.02737526 and check if you can climb. -BCHUSDT- It is falling without receiving support at 216.01000000. BTC's inflection date is around December 5, so watch the flow. I hate the return to the 100.00000000 branch. It must...
With the break of 242.5, the count has been adjusted to the wave (ii) flat Alternate. We don't have evidence yet to consider it complete, and the decline from 270 may still be part of wave ((3)) of C, rather than wave ((5)). Either way, it's likely the 61.8% retracement of wave (i) at 230.08 could be tested. Key Levels: 197.92, 242.5, 333.93, 423.82 GOOD LUCK!...
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In short, Many of the ALTs have reached what seems to be the bottom, and an expected bounce. However we are not sure as we don't have enough data \ history to make this conclusion. Many of the ALTs what I believe are still in the BEAR market and are still looking for the bottom, whereas BTC has and is in a bull trend\market. BCH did well before BTC found its...
Hello, dear Traders! Monfex is at your service and today we overview BCH/BTC. After the price had plummeted to the support line, a triangle formed. Near the triangle's resistance we have MA50 , the breakdown of which will be a confirmation of a bullish scenario to the next green resistance zones. But there can also be an another script. By breakout the support...