Bitcoin Cash / U.S. Dollar

BCHUSD

Falling wedge. looking for the next fibonacci levels

Overview: Bitcoin Cash is quietly up 40%+ from its April low and currently broke through the first major support of 787 and 845 which is significant with the number of overlapping resistance levels in this area. Is this the time to jump in as the market starts to show early signs of a new bullish wave? Often the mistake that the herd and new traders make is ...

WOW!!!! What can I say.... the bearish divergence I saw on the chart... wasn't so bearish.... BCH IS RUNNING WITH THE BULLS.... Sometimes what you see is not what you get... The chart is pretty self explanatory, I have an extended 5th wave target of $1.0003.00, as BCH is carving through the resistance.... maybe you all read my last post for BCH and you're ...

We all know that it is impossible to forecast the future, so here is a reasonable scenario that may play out based on the very recent bullish turn. There is FOMO all over the market now, but I think it is a trap and the technicals need to take over, ie: profit taking. Because of the bullish move, I'm not sure the bottom will go lower than $600 (at this point). ...

RSI looks overbought, so I'm expecting a reversal of sorts soon, how much is anyones guess. Notice the reversal pattern from 2017, looks like history repeating... and the volume over time. I'm not a day trader, just looking for a position for a long term trade. My wife called me a 'douche bag' 'cause I didn't buy in – nothing like a FOMO indicator at ...

... going against my golden rule ... buying on the way up and not the blood. DYOR

My style is very simple. I always try to use the most simple tools we all know such us supports, resistances, triangles, S&H&S,... Sometimes I may consider EMA or Fibonacci as well but not that frequently. In this case, I just wanted to share this with you as it is working well for me and also I would like to hear some feedback from you guys. That's it! Enjoy ...

inm my point ov view, bitcoinCASH is actually slightly overbought, this might be a nice chance for selling some bch if you have, i wont sell too much in a single trade, but from now there is a nice probability for five to ten percent cheaper "Cash" prices just (again) the next days, i defined first goal at 840 USD and 770 USD

.

very simple trade with a little SL. Good Luck

Ok, Maybe you have been waiting for BCH to gain in it's % against BTC which has happened in the past 24 hours. Now though, RSI is super high on the 4 Hour but I wouldn't be surprised if we trended to closer to 1000USD. My dumb money is out for now and waiting for a retracement to Re-Accumulate

BCH/USD at 50 MA - Currently 899 - Weak Resistance - Broken easily before - Next Target 1124

After 5 days of consolidation and period of rounded bottom, BCH/USD had a nice volume spike and break out of kumo cloud with positive kumo twist that indicates trend change. We can see some divergence on RSI which indicates possible pull back. On 4h chart, 50% retracement would be at 800 USD. My idea is to put limt buy order at previous highs between 790 and ...

"Life is like a game of chess, step by mistake, all bets are off. - Sigmund Freud "

BCASH broke trendline resistance but is struggling to get past the 49EMA on the daily. Safe target 1145$, main target 6450$

short 888

Let me keep this short. I live somewhere were it gives me the opportunity seeing military build ups prior to an attack. Fighter Jets fly in unweaponised from Europe/US, leave fully weaponised to Syria/Mid East. The amount of jets moving to forward positions is getting more not less after last weeks strike, which makes me think something might sink, stocks, bonds, ...

This is an overview of the potential outcome over the next week. I think a lot of traders have jumped on the bull market bandwagon a little too soon and it will become overbought, especially in the alts. When the tide runs out this week, we'll se the tide turn and those bulls will be panic selling their longs. That's when we buy the final dip.