X FORCE GLOBAL ANALYSIS: In this analysis, we take a look at the technicals demonstrated in the chart of Bitcoin Cash (BCHABC) Bullish Evidence - Previously, we have seen parabolic breakouts for Bitcoin Cash after consolidation phases - It could be said that we are currently consolidating within a downwards parallel trend - This could turn out to be a...
BCH bullish break Resistance turned support Looks good C represents a bulish wave from the ascending scallop breakdown that occurred and formed the new support
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.
Bounced Back From Key Level Resistance $501: Hi friends welcome to the new update on Bitcoincash. Guys if you remember I posted an article on 2nd Feb 2020 where I told you that the BCH is going to hit its key level resistance at $501 at that time the price of Bitcoin cash was $378 and then it moved up to $497.53 that was very close to resistance level as I...
Bitcoin cash is the world largest digital asset ranked at 4th position as per coinmarketcap data. This digital asset is one of my favorite crytpocurrencies that gives us trading opportunities on daily basis. From December 28th to 18th February 2020 this cryptocurrency this cryptocurrency was being traded above the exponential moving average 21 but at this time...
A classic bullish divergence has formed on the BCHUSD pair, a rise in RSI can already be seen to be occurring, bullish divergences are reliable ways to identify trend continuations. This will produce further upsides for the pair. A lot of divergences lately!
In my previous post we finally witnessed that the Bitcoin Cash had broken out the resistance of the pennant and produced more than 43% profit in 1st rally: In previous article the exponential moving average 10 had formed bull cross with exponential moving average 20 up to 3 day chart but now this bull cross is reflected upto week chart which is really a very...
Practicing sketching fractals. Perfect touches along the down trend line, looking to find a bottom.
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...
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)
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...
The basics of the idea are explained on the chart. If price wicks to the stop loss cluster and moves back up, we know it is a very good long. If price drops below and stays there. could still be a buy, but not as safe. If scenario two occurs I probably won't take the trade. So I expect another 6% drop from here into liquidity zone 1. Lots of people betting on...
Alt Coin Analysis - Points out of 10 Date : Since 2017 ( 3 / 10 ) Volume 24 H : 48000 BTC -0.18% ( 7 / 10 ) Available Markets* ( 10 / 10 ) Social Media Rate ( 8 / 10 ) Ranks ** 4 ( 10 / 10 ) Website ( 8 / 10 ) Type Cryptocurrency Overall ( 8 /10 ) PLANNED NETWORK UPGRADE on Nov 15, 2018. It might pump a bit before this date. I did my first 10X on this...
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...
BCH/BTC There is a chance to form a double bottom on the daily timeframe MACD can consider long domination of sellers
- Near support line - Bullish divergence on RSI - Good upside potential
Bitcoin Cash continues to trend sideways in this range but finds itself right under a massive POC, which currently happens to be resistance. Seeing that we are having tons of trouble getting higher and with the EMAs turning over, we could see price depreciation coming very soon to demand level below unless we get a pop soon. Keep an eye on this supply zone and...
Bitcoin Cash seems to be having trouble at this supply zone and EMAs are starting to roll over. If we don't get a bounce back above soon, we could see lower prices in the range of $465. Check chart for annotations! Thanks guys