#BCHUSD (#Coinbase) Resistance $220 if breakout then next Target will be $390, Daily Chart Support at $168
Bitcoin cash has formed a massive falling wedge, this falling wedge may lead to major upsides as a result of its size. A 0.5 fib extension is the target for this falling wedge. The support range should be a place for SL if the falling wedge breaks down, however caution when doing this as falling wedges may break down just to climb back up further than the wedge....
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)
Practicing sketching fractals. Perfect touches along the down trend line, looking to find a bottom.
Conclusion for today's Bitcoin cash analysis: Lack of a price close above ~324 that is followed by a break below 247 is bearish for Bitcoin Cash. A log scale of BitcoinCash is presented using Japanese candlesticks on the Daily timeframe. The major bullish trend in the cryptocurrency that lasted over 8 months is highlighed on the chart. A break below the bullish...
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...
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...
Tripple bottom formation on 1hr chart. 4hr chart is looking to make a turn around soon. If this price rise happens, look to the 1D chart for a near drop in price possibly breaking $300 resistance. Influx of volume today will confirm or cancel out this forecast. ______________________________________________________ Bitcoin and other cryptocurrencies are a very...
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)
Bitcoin Cash, like many of the other bigger crypto's is sitting at a critical level. We are receiving short term sell signals, however if BCH can fairly maintain these current levels, it may form a bullish flag pattern on the shorter time frame. I like the recent surge of volume on the shorter time frame! Looking at our daily chart, the MacD is at a critical...
Its about time Bitcoin Cash gave us the opportunity to long those steroidal rallies, this is looking like a safe bet to get in before the storm strikes next week. - Daily Bullish engulfing Support Levels: - Mid Range: .3009 BTC Resistance levels: - 25% range : .03115 BTC (Very weak resistance now, hammered 3 times already) - Range High : .03219 BTC (Strong...
Bitcoin Cash broke the ascending triangle resistance and could potentially fill a 20% gain from here.
BCH / USD TA TA is self explanatory
There is a few weeks that i checking BitcoinCash and waiting for an opportunity to enter long term trade and i think, this is the buying zone. Please consider that in case of the support at 190.10 is broken, the short-term forecast -resumption of uptrend- will be invalid. Take Profit List: TP1: 497.75 TP2: 637.00 TP3: 748.60 TP4: 832.10 The RSI downtrend is...