BCHUSD has recently received a buy signal from Crypto Tipster v2 after bouncing off recent support on the underside. This suggests that the cryptocurrency may be entering a bullish market and could see a significant increase in value. The question now is whether BCHUSD will be able to break through a descending trend line to reach 30% in profit after a year and a...
BCH is forming a cup and handle pattern right now. The technical target to the upside is 764, and the next major resistance is around 773
Bitcoin Cash looking good! It bounced back of strong support and heading North. Entry Zone: $850 - $950 Take Profit #1 $1,132 Take Profit #2 $1,199 Take Profit #3 $1,354 Disclaimer: This is not a financial advice. This information does not provide individually tailored investment advice and does not take anyone’s circumstances into consideration when discussing...
We are a bit late on Bitcoin cash but still going to target. Our divergence is not yet materialized. A previous bearish divergence kept the price stable but this is going to an end. Bullish hidden div is going to start materializing. Ascending triangle confirms this.
price reacting to support that it wasnt there since 2018 , bitcoin cash is one of the coins that didnt have good performance in this bull run , it seems undervalue , coinfairvalue says bch price is 2k . if weekly support holds we may see strong gains upward
If today we close the candle above the trendline, we are going to see BCH outperforming BTC in coming weeks. As I’m writing this BCH/BTC is above SMA50 and SMA100, RSI is above 60 and the support level 0.010 held. This tells us that we are in a bullish momentum.
Long
Bitcoin cash has returned to the descending parallel channel it has formed, this could be interpreted as a bump and run and likewise with fall below the parallel channel. Rejected by 200MA as said on chart, weekly chart.
The rally that started in December 2019 breakout descending wedge, resistance level and can be seen as a five-wave impulse pattern. Once a five-wave impulse is completed, a three-wave pullback follows according to Elliot Wave theory. In BCHUSD's case, the decline from February high to current low can be seen as a simple a-b-c zigzag/flag pattern. Wave c of the...
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World's 4th ranked crypto token Bitcoin Cash (BCH) has formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on the dimensions of SNGLS priceline's move: After initial leg (X to...
In my previous post I depicted that After taking a powerful bullish divergence in Dec 2018 the price action made upto 608% big move after that the priceline of Bitcoin Cash was going through the price correction period since Jun 2019 Upto Dec 2019 and the most lowest point has hit the 0.786 Fibonacci projection from lowest to highest point, and in the meanwhile...
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...
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)
It's a long time cycle on this Bitcoin Fork. But one thing for sure until today, it's always bounce from the very bottom of it. Once the lowest low touch, it gaining massive upwards which consistently we can learn from the chart that is now quite good time to enter a long position. For non-leverage you can accumulate on my green box. For leverage trader please...
Following up on my last BCH Chart: -In case you missed it (also check my profile / notes below): October 30th: "BUT HEY IF YOU'RE BY THE CHARTS... LONG IT... TARGET - .09050 TIGHT STOP THOUGH .06485" *I AM IN NO POSITION - BCH REACHES FIRST ROUND OF RESISTANCE ON H4 - I WOULD TAKE 25% - 50% OUT! // WATCH HOW PRICE REACTS TO FIRST LINE OF RESISTANCE... - H4...