BCH has incredible potential
And this observation only exacerbates this potential
When the 200MA becomes visible, it allows the 50 and 100 to adjust to the 200's position
On the Bitcoin pair 1.618 is being tested, potential for a reversal
Incredible long term hodl
Hi every one
BCH/BTC pair has formed a Head and shoulder pattern but the neckline has not been broken yet! if the price loses this support we can expect a bearish movement back to It's more recent supports!
Thank you for seeing idea .
Have a nice day and Good luck
#BCH/BTC TA Update:-
#BCH/BTC looks good at this level.
I am buying here some and already bought some at 0.011 BTC level.
Keep an eye on Red box.
This red box is very important for bull of #BCH
Entry:- 0.007-0.0094 BTC
Between this zone best entry.
Targets:- 0.0156/0.02/0.025/0.035 BTC
If you want to hold then this is good potential.
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Broke out of long term trend line. Fakeout through it and recovered as support. RSI and stochastic look good. Don't forget the recent golden cross, BCH's bull run against BTC has just started imo, not financial advice.
We have an ascending triangle on the 1 H chart, if we can break horizontal resistance then we can confirm this pattern and the USDT pair should benefit from it as well.
For every new follower i will add a new idea :)
". There is a possibility of temporary retracement to suggested support line (0.0196).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. BCHBTC is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
$BCH After almost 2 years, Indicator "Supertrend" showed a buy signal last week, which made BCH jump for more than 50%.
Next target should be in BCH Against BTC around 0,035 which means 3.5% of the price of one Bitcoin.
So if BTC stays around 58k-60k, One BCH should cost 2030-2100 US Dollars.
Bitcoin Cash is lagging a lot after other cryptocurrencies. It is one...
BCH strongly undervalued coin, capitalization of BCH is huge, BCH use the same way like BTC you can buy a cup of coffee, foods, cars, whatever you want for BCH.
Also, the GRAYSCALE portfolio consists of BCH for 0.5 B USD.
And the cherry of the cake, the capitalization of BCH started grow from 10 B USD to 26B USD for several weeks ago.
All TPs on the...
This will probably make me unpopular with some people, but then again, I just look at the TA so here it goes...
BCH was basically in a downtrend since it's inception and is now undergoing and uptrend which if keeps on track could possibly lead BCH to ~1.1 BTC target which is given by the fibs.
This in turn would result in a so called "flippening" with BCH having...