The price correction and formation of pennant: After taking a powerful bullish divergence in Dec 2018 the price action made upto 608% big move after that the price action is going through the price correction period since Jun 2019 Upto Dec 2019. Now the price action is hitting 0.786 Fibonacci projection of lowest point of Dec 2018 to highest point of Jun...
After a long bearish market, we can now clearly see a bullish divergence has been formed by all 3 oscillators. I suppose the price is going to significantly gain within the next 30 days, although you should do your own research as to how much the price will retrace. Remember, the Bull Trend Is Coming.
Practicing sketching fractals. Perfect touches along the down trend line, looking to find a bottom.
BITCOIN CASH - BCHABCUSD - Technical Analysis - 37.4%-518% Profit Expected Big Move Coming Up ... 5x Gains Expected. Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :) In a lower time-frame (4hrs) this long position has also been confirmed. Target Profit Range - 158 - 448 (37.4%-518% Profit Expected) TP...
Hi, Traders ! Monfex is at your service ! Bitcoin Cash posts higher gains as it continues to spread adaption and development globally. * Bitcoin Cash (BCH) adoption, development, and participation continue to expand as more and more positive BCH-related announcements grows up. * In addition to that, there is currently over 18 million BCH coins in circulation...
As per Peter Brandt's tweet, and this chart, we see a Head and Shoulders formation. The target is $127. My thoughts: > One would expect at least 1 other level of consolidation on the way down before hitting the final target, as per the chart > The 2x HULL moving average along with the Daily RSI chart, gives us an overview with the price movement and corresponding...
Priceline of Bitcoin Cash / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Price action is getting bounced from bollinger bands support. Volume profile is showing less interest of traders at PRZ level but MACD is...
The priceline of Bitcoin Cash / Bitcoin cryptocurrency is forming harmonic bullish Shark pattern and soon it will be entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders here, but...
Conclusion for today's Bitcoin Cash analysis: A close below ~264.21 implies lower prices in Bitcoin Cash. Bitcoin cash analysis for today is carried out using a log scale on the Daily timeframe. Chart inspection and analysis primarily focuses on the uptrend in Bitcoin cash since price reached a bottom of 73.50 on December 15, 2018. A bullish trendline is...
Here's my guide I'm using for $BCH for the next 6-7 months. Catalysts Cashscript Bitcoin Cash City November network upgrade April 2020 halving Expected peak: 45 days before the halving (end of February) T1: $974.31 T2: $1,418.84 T3: $1,863.37 T4: $2,138.09 Bitcoin Cash 2019 growth is impressive. I believe Bitcoin Cash is the most overlooked coin in...
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 Regards, Atif Akbar (moon333)
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...
Conclusion for today’s Bitcoin Cash technical analysis: The downtrend is expected to continue with 0.02388 as the minimum target if the 0.03095 price level is breached. Bitcoin Cash Analysis (BCH/BTC) for today is provided using a log scale on the Daily timeframe candlestick chart. The downward trend on the Daily timeframe is highlighted using a bearish trend...
Conclusion for today’s Bitcoin Cash Analysis: Price closing below ~242.29 implies an increase in bearish strength. The 6 hour timeframe of Bitcoin cash is presented using bar charts and a log scale. Price action from May 06, 2018 to current date is the main focus, with the duration having a downswing in price followed by the current upswing (uptrend). Current...
BCH forming a nice hammer after dipping into demand on the 4H Still too early to tell whether this is the start of the next move up but we have started well here and if BTC continues to pullback in a steady fashion, most alts should see nice rallies
Seems to be positive trend getting formed which might be a start of a new trend. The Bitcoin cash price seems to be moving in positive direction relative to Bitcoin which sends some positive signals for the altcoin. Anything below the red trend line marked will invalidate the bullish movement and might be a start of a new bear market. So the strategy to trade is...
Hi, my first ever publised idea, hope you guys like it...This chart looks simple to me, dropping to g-cross and to the strong fib level at one time, comment with your ideas. Targon