Preparing for a final downward waveIt is still working on the previous analysis, nothing new is mentioned except that it ends the corrective fourth wave, then completes the decline in a fifth wave
Key stats
Market capitalization
2.167BUSD
Fully diluted market cap
2.344BUSD
Trading volume 24h
77.078MUSD
Circulating supply
19.414M
BCH UPDATE ROThis is the update for BCH. I strongly believe that BCH should liquidate lows from 108, BUT respect 105$. Once price does that, BCH should be ready to target 125$. Once price breaks above 125, it can finally target 150. But only if price breaks above 150$, we can finally say that BCH is bullish.
BCH MAJOR UPDATE ROThis is an important update for BCH. Price is still consolidating at the moment, but chances for BCH to break above 125$ are already increasing. It is important that BCH liquidates firstly those current lows below 100$, before even thinking of going back up, for a healthy new bullish leg.
BCHUSD (1H) - Bearish reversalHi Traders
BCHUSD (1H Timeframe)
Waiting for the downward break of the 115.2 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 117.3 would cancel the bearish scenario.
Trade details
Entry: 115.2
Stop loss: 117.3
Take profit 1: 113.8
Take pro
BCH UPDATE ENGThis is the english version for my previous video in which I explain my outlook for BCH. Things are looking pretty promising for BCH, but only if price interacts with 125$. Until then, sells are still valid.
BCH UPDATEBCH has changed its structure a bit. It look now more promising than in the past. But only a break above 125 would push price towards 135 and even 150. Until then, price can still liquidate its current intermediary low and drop further, towards 100.
BCHUSDSeems the previous stop-loss was to tight and I was taken out. Re-entered again with a proper stop-loss leaving some room for the trade to breath. My overall bias is still downward.
BCHUSDBCHUSD has been moving really slow for some couple of days now. Although I still believe it will move downward to make a new lowe-low.
BCHUSDThis is my current trade idea on BCHUSD. I am expecting a little deep retracement before a drop. The retracement might come or it might decide to drop from the current price level. Waiting to see how this places out.
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
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