After closing our longs from our previous thread, the RSI made a selling signal, we continue to trade in a downtrend channel, and we have failed to trade above the major fibo resistance level. The selling pressure may be returning! We had a bearish confirmation at $639 and a minor uptrend line break. One more white uptrend line remains to be tested. Over Bitcoin...
Price brokeout R-resist. and now will break the next r-resist. When will breakout - waiting for rising. Use Supply zone as target (680-690$)
Hello! Look at graph. What do you think? BCH is now going to his dream, getting to 720$ is likely to be rolled back, but that's not certain. personally, I was waiting for a rollback after 600$, and my tactic is such, reaching a certain position, there will be a small co-option. And accordingly if I sold and there is no kickback, I'm not trying to get into this...
Hello my friend! If you subscribe and follow me, you could see my prediction And now i resfresh my idea. look at the graph. BCH have 2 resistance and support level. If BCH can break resistance level 485, he can go to price 549 $ for 1 BCH, but if BCH fall down to 390 and below, i refresh my idea. but now I think there is the power to break the resistance...
This is a short-term breakout trade. First trend line was broken, however Second trend line is intact above the price. So if the price hits the second trend line, I will take first profit.
Price forming standart pattern for continuation rising! + soft fork coming soon!
Updating by looking at 1-hour time frame from a 4-hour time frame previous post. Los Angeles 6:36PM I wanted to update the indicators RSI and ADX on a granular level. What to look for: ADX is healthy that is running above 25+. RSI is above 60+
BCASH 4 HOUR TIME FRAME Breakout Confirmed BULLISH. Los Angeles 4:54 AM. I don't own a lot of BCASH so I'm comfortable just selling my portion at Target Price 1. I don't think Bcash will have the strength to reach Target Price 2 or Target Price 3 unless you're waiting out for a couple days. I think in December the market is going to have a strong finish. I do...
Updating to show current indicators. ADX must stay in the 25-50 range to continue its bullish trend. ADX at 25-50 does not necessarily mean it will only uptrend - when ADX is 25-50 it could also show significant strength to the downside. Please do a quick read up on ADX. www.investopedia.com Previous Post:
TP1 396 $ stop sell below 296 $ Now we can see a DMI crossing signal. And the price have support level at 280~300$. These are my long-term setup target prices.
price growth began TP1 - 360 TP2 - 400 we must achieve these values i will be refresh my idea put like and subscribe
look on my chart this 5 elliot wave, good news :D follow me, and see more )
2018 BCH second elliot wave ends start 3 elliot wave, and going to 1700$ the next year 2018 IMHO subscribe, and see next ideas Elliot Waves
I think now is the best time to buy BCH -0.51% for a long position if BCH -0.51% break 400usd, resistance level . we can wait for the price at 460 usd or more wait please ... :D Sorry for my english)
I see falling wedge. Expect rise
TP1 345 $ (short term trader) TP2 395 $ stop-sell below 310 RSI is going up. We should pay attention to DMI crossing signal.
Bitcoin Cash Chart .. When BCH exit the monthly trend (Above the Trend1 month 4).. will fly #BCH ./Matrix