Cryptohopper Newsletter Chart Bitcoincash has made a swift recovery of over 70% from its lows this year on the 13th of March. The markets have been very volatile over the past month, and Bitcoincash is no exception. Over the past days however, the price has entered in a consolidation phase between $180 and $225. Trend following indicators tend to work...
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!
BCH did not hold 4300-4400 area as support. Once broken we retested the 3600-3700 area and retested the previously broken support in the 4400 area. We are now retesting the new support in the 3600-3700 area and if we hold this area then i expect bullish continuation. I recommend waiting on the breakout and retest once we break the downward trend
Possible top point, don't try and pick tops and bottoms when entering exited a trade, exit when happy with profit, enter when price is 'cheap' for you.
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...
It is probable that the range of 358 corrections will continue and then climb If we break the 358 range, we will have a further decline
Priceline of Bitcoin Cash / US Dollar cryptocurrency has formed a bullish Butterfly 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. I have used Fibonacci sequence to set the targets: Buy between: 210.16 to 183.53 Sell between: 232.66 to 285.02 Regards, Atif Akbar (moon333)
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...
Been a while since I took a look at $BCH but it seems that this one is currently one of the cleanest counts out there. Here is are my short term and long term counts for #BCH. Will we see a bull market until the second half of 2020? #CRYPTO #BCH
Bullish breach of falling wedge has led to a breaking of the current downtrend on BCHUSD, expect some resistance at 200MA (green fractal is indicative of this)
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...
Hi Traders, it might sound a bit complicated but you will find all details while watching video Enjoy
An inverse H&S has formed on BCH/BTC, which has turned the pair quite bullish. However it is currently at its mirror H&S level, so price moves may be unexpected, or bearish. I expect this to fall as BCH/USD is currently at a strong resistance trendline.
Bitcoin Trash is bullish with bullish BTC. Pushing up towards 217-220. If breaks above, it will be worth just to let it grow with stop loss moving behind lower high values, although nearest targets would be 226 - 235 - 243. If breakout won't happen now (which is most probable), then might pullback to year support at 204-208. Good long zone.