Looking more likely that this is going to be the outcome when you consider USD values with BCH, or the whole crypto market if BTC is coming down in value.
This is a really interesting area that majority of tradeable assets tend to hit, and cryptocurrencies is that one.
Depending on your gameplan. Have tight stop losses as it really does depend on BTC when it...
From all the candidates that I'm looking at currently, BSV has the best shorting profit potential. We're currently upholding crucial $140 as bottom. If the bulls don't see a bounce going on from here, we will have the potential to break towards the previous lows, giving 20% profit potential.
If you're realizing unnecessary losses still, if you wanna become...
Conclusion for today’s Bitcoin Cash Analysis: Price closing below ~303.31 implies further downside in Bitcoin Cash.
Bitcoin cash technical analysis for today examines the cryptocurrency on a Daily timeframe using a log scale. Price action from July 20, 2018 till current date is presented with the period including the previous downtrend in Bitcoin Cash that...
Bitcoin Cash (BCHU19) is no exception, this setup is very similar to the one we just shared for ADAU19 which you can find in the related ideas below.
The signals are simple and as follow:
Break above resistance in the form of EMA5, EMA10, and EMA50.
Bull volume growing (above average - highest in the past 4 days)
A bullish set-up has developed for Bitcoin Cash on BitMEX (BCHU19). This is no surprise, of course, Bitcoin is retracing so the altcoins finally get a chance to breathe and grow... and the altcoins market is surely starting to heat up... Lots of profits can be easily collected with patience in the weeks to come.
Back to the chart...
We have a bullish...
Short term Elliott Wave View on Bitcoin (BTCUSD) shows the rally to 12336.88 on August 6, 2019 ended wave ((X)). The crypto currency declines from there and the structure is unfolding as an impulse Elliott Wave structure. Down from 12336.88, wave 1 ended at 11532, wave 2 ended at 12145.42 and wave 3 ended at 9980 and red wave 4 at 10457 peak. Below from there it...
Could go either way this one. Possible bullish momentum but also leading with a bear flag which could mean possible downside.
I'd wait. Entry needs to be governed by price action, right now it is lacking.
The priceline of Bitcoin Cash / US Dollar has formed a bullish butterfly pattern and entering in potential reversal zone.
I have defined the targets as per Fibonacci sequence plz find below:
Buy between: 270.41 to 246.82
Sell between: 288.75 to 333.09
Atif Akbar (moon333)
Bitcoin Cash showed a strong gain yesterday with a +10% gain against bitcoin. The pair has managed to break through its short-term downtrend.
Current upward movement was back up by a strong increase in volume indicating the presence of buyers.
However, the pair is not out the woods as the pair has been evolving in a steep downtrend, making lower lows and lower...
TP1 0,032350, TP2 0,034500
Risk/Reward: 1/3, 1/5
Breakdown downtrend line, aggressive bullish momentum, successful testing and price rebound from the support level.
BCH/BTC must have been one helluva short.
There is so much resistance in this chart that my usual minimalism (4 orange lines) is being tested.
I restrained myself.
Only 2 meaningful support levels i can make out before 'price discovery' aka 'bleeding out'
What a shite project indeed.
+ It needs to make a higher high to reverse course and the level I'd be...