We have Bitcoin Cash starting to wake up...
We are looking at the BCHBTC pair.
We have this descending channel which is very likely to break soon but still holding.
Today we have a new All-Time Low followed by a recovery while prices lurk above EMA10.
I believe we already looked at the bullish divergence with the MACD and RSI...
Once we reach bottom... What...
The chart for Bitcoin Cash vs Bitcoin (BCHBTC) is looking pretty good.
This was the one that was supposed to overtake Bitcoin, over and over, it never happened... It is worth 1% the value of BTC, still we trade.
Here we have the cup pattern in yellow which I tend to identify as a bottom formation.
We see on the left side of the chart that this pattern lead to a...
We have a huge reversal candle as well as an All-Time Low on the BCHBTC chart.
We love to see ATLs because this surely opens the doors for massive growth.
Once we hit bottom, the only place left to go is up.
Bitcoin Cash is ready to grow.
We are bullish on both pairs, BCHUSD and BCHBTC...
Visit the 'Related ideas' below.
The falling wedge retest is complete, now Bitcoin Cash can finally start its bull run.
Long entry: 7600 sats
Take profit: between 1 / 1.3 btc
This is my personal opinion and this is not a financial advice! Good trading!
Bitcoin Cash vs Bitcoin (BCHBTC) just hit a new All-Time Low while trading within a descending channel.
We believe that this new low will work as support and can lead to a trend reversal.
The last low at 0.005210 should work as the stop-loss.
A full candle close below this level and the above analysis is invalidated.
Trading above this level opens the door for...
We can see a strong bullish breakout happening today for Bitcoin Cash, BCHBTC, as prices move above EMA10/50/100...
This breakout is confirmed by good volume, which will continue to increase before the day closes.
The targets are mapped on the chart.
Welcome Hyperspace Travelers,
Mapping a derivative of a derivative.
Cycle 1. Tier 1 Token. Don't sleep when it happens. Don't wanna miss a pop like that at the end of Cycle 3.
Brings me back..
Structure is all-inclusive.
100% of Obliteration.
100% chance of Trend change after Cycle 3.
100% change of new slope defination.
Thanks for Pondering the...