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...
This is what BCH looks like on the weekly time frame for BTC pair , I am very bullish on this while no one is talking about it , gonna follow ETH & LTC very soon.
Trading suggestion:
". 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."
Technical analysis:
. 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...
Trading suggestion:
". 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."
Technical analysis:
. 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 has been in a long term downtrend against BTC for awhile now. This channel goes back to 2018. If BCH breaks out of here it could be the start of a reversal against BTC. The VPVR also happens to be where the value area meets the most common volume area(1 S.D.), so a breakout here with 2 days of closes inside the brighter section of the VPVR would be...
#BCH/BTC Profit Update:-
#BCH currently trading at 0.0215 BTC
And went upto 0.02240 BTC
It’s almost 165% profit from our bottom entry zone.
Now..?
Still BCH is bullish and I am expecting 0.04 BTC is my initial target.
Entry:- 0.0094 BTC ✅
TP1:- 0.0156 BTC ✅
TP2:- 0.020 BTC ✅
TP3:- 0.025 BTC pending
TPs :- Also pending
Hope you enjoying my one more huge...
Here we have a bullish continuation pattern on the daily BCHBTC (Bitcoin Cash) chart.
We just had a recent break above EMA10 followed by strong support confirmed.
If prices can stay above 0.01074 or EMA10, we are very likely to see a strong bullish move develop from the current price level.
If EMA10 breaks, we see lower prices and consolidation before the next...
BCHBTC has just broken frm long falling channel, best time to buy and hold as investment.
My Target is 0.040 sat in upcoming weeks. Keep Buying on DIPS
BCH/BTC forming a cup and handle. I'm expecting a bit more consolidation around these levels and then some green candles on increasing volumes to push to 0.0184. We might pause around there, but I'm looking for continuation to the previous high around 0.0196.
TP1: 0.0184
TP2: 0.0196
- Sultan of Chart
Is this zombie spawn of Bitcoin about to wake up? Marked in the chart are the resistance and support zones.
Lets see if BCH is still relevant moving forward? In my opinion it would need to make some sort of move against BTC to do so.
*Success is a series of small victories*
Bitcoin cash had a great run last week but ultimately caved to the BTCUSD downward trend over the past few days. Although there have been a few recoveries here and there, BCHBTC instead looks to be forming a descending triangle rather than any positive trends over the next few days.
Confirmation is still needed, but if a triangle does form and breaks downward, it...
