Bitcoin Cash has broken below the trendline and is now finding it as resistance sitting on important support. A breakdown from this level could see us revisit the $500 level quickly with the overall target set near $460 on a Bitcoin collapse back down to $6200. MACD continues to trend lower while RSI broke below support but is heading back up to restest the...
BITFINEX:BCHUSD is ready to rock-n-roll. This is a trade for the extending 5th wave. The main trading method that I apply is Elliot Wave Theory with some indicators for confirmation. I did extensive analysis in the related idea BITFINEX:BCHUSD -BREAKOUT-EXTENDING 5TH). Review: We have completed Waves 1, 2, 3, and 4 (ending). Wave 3 Extended over 700% of...
Bitcoin Cash has been sitting on top of this very strong support level for over a week now and could potentially still break up higher into the supply zone above but we are seeing some bearish divergence developing. Price is currently just slightly above the 50%FIB level and needs to start moving upwards towards the top of the trendline to continue this uptrend....
BCH has returned to the S/R flip breakout area to retest and has so bounced right above it on the 50%FIB level. We need to see a dip into this zone hold for any hope of move upside momentum but those odds might be getting slimmer by the hour. RSI seems to have topped out, hitting resistance and turning over at the moment while MACD hit its top and is about to...
BCH has been on fire since yesterday and we are currently right up against resistance trying to break above. We have found support around the 61.8%FIB level and are trying to break higher but Bitcoin is having trouble breaking out itself. RSI seems to be topping off here and moving sideways while MACD is starting to push up into resistance but might have some...
BCH has been on FIRE today with a strong move off its demand zone around $435 yesterday with substantial volume relative to past few weeks. It has currently moved to its 50%FIB level and currently finding resistance there creating an SFP at the moment. We could very well see a pullback as the RSI is hitting resistance at the top demarcation line and might need to...
BCH broke the trendline with decent volume yesterday, moving with the rest of the market but has yet again found it hard to break that $500 psychological barrier on its second attempt. I think it will take a leg higher in BTC for it to muster the strength pierce that supply area before moving quickly to $530 as RSI seems to be turning over right now, which mirrors...
#BitcoinCash I think the latest support will be strong and the likelihood of maintaining it is great So what do you think?
The 1 hour timeframe of Bitcoin Cash (BCHUSD) is labeled in this analysis with price swing from June 28, 2018 to July 18, 2018 identified as a regular flat (3 wave) Elliott wave structure. This is currently followed by further correction as labeled on the chart, which implies a higher price for Bitcoin Cash (BCHUSD). Correction that originated from July 18, 2018...
Okay, So I have had so choppy really bad analysis, and sometimes I do not give an idea the time in analysis that it deserves, and since I botched my analysis first of Bitcoin Cash I decided to take a step away, and re-examine it later and check out what I discovered! Bitcoin Cash might be on the verge of an absolute explosion in price. My Analysis: During my...
Let's get right to what's going on, in bullet format! 1. BCH has hit this double bottom area and bounced off of it. 2. MACD has crossed up on the daily 3. RSI broken out of this downward trendline. 4. It hit the previous resistance point/ema and moved off of it and is consolidating It appears we are going to get a move up, but how far we go is the question? BTC...
BCH is following one unique pattern of 6 weeks Down and up, This one is final one before a major bull run, its because if it goes a little up and follows the 6 weeks down theory it would go below unexpected prices which is very very un un likeley. so guys stock up before we take off to all time highs again,i would say Staring from July - Mid july,
Looks like a mini fractal is playing out. If you look at a smaller timeframe 1hr, 4hr, it looks like BCH is looking for a bullish continuation on an equilibrium pattern. I'm guessing this will take us to about 1500, at which point we the rest of the fractal will play out and take us back to the blue line. Let me know your thoughts! Short term long. Medium...
Looks like a mini fractal is playing out. If you look at a smaller timeframe 1hr, 4hr, it looks like BCH is looking for a bullish continuation on an equilibrium pattern. I'm guessing this will take us to about 1500, at which point we the rest of the fractal will play out and take us back to the blue line. Let me know your thoughts!
In mid term, this coin offers target around 0.200 and higher. Short term targets mentioned in TA. BTC has a significant impact on the BCH if BTC goes down, so BCH will follow it. Also this analysis will not be valid. I hope you enjoy my charts, please writte your comments, hit that like button or follow me. Thank you!
BCC Still Continues To Seem Bearish. 1) Moving Averages are about to cross Bullish and price action is underneath the MA trend lines. 2) Formed a Head & Shoulders pattern and the pattern confirmed. Expected Target for this is $684. 3) A long term trend line was drawn from the start of Nov 2017 until today. This trend line lies right above the Short Target...
The rolling three-day signal for Bitcoin Cash (BCH) is "Don't Own". This is day two of the three-day signal. The signal will be updated again Saturday. For further details or discussion, feel free to leave any questions or check out signature/profile.