Hi every one
BCHBTC
this is an update on the BCH/BTC pair that we have talked about earlier. as you can see the price has broken the neckline of the head and shoulder pattern and now is ready to Decrease to it's strong support (shown in the picture)
previous Analysis:
Thank you for seeing idea .
Have a nice day and Good luck
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
BCHBTC
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
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 :)
I am an amateur just shooting my ideas. Not advice.
If I check with FA perspective, BTC is being adopted by masses now, so its so called competitor will get much more worthless imo.
$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...
If we don't see high price increase for BTC in next days i expect BCH price can easily hit 0.020000 BTC in short period of time.
This idea is not a financial advise, please trade carefully and just don't rely on this idea
