Nice setup, holding above 14ema
Hey everyone! This is piggybacking off a previous post (linked below). Looking at the 4-hour chart for Bitcoin Cash, I see 2 inverse head and shoulders near completion which could make an exciting trade setup up. The completion of the first inverse head and shoulder pattern should bring us to the neckline of the second set up. And hopefully, it will domino from...
BitcoinCash found the bottom at btc 0.123 while forming a bullish divergence on the RSI oscillator. The following wave up resulted in a break above the downtrend trendline and the 50 Moving Average, suggesting the continuation of the already established uptrend. The recent wave up resulted in a break above the btc 0.152 resistance level, confirming BCC/BTC...
Downtrend line since start of May broken. Edge to edge triggered and Bband breakout on the 4 hour as volume returns after a month of consolidation. VPVR, Ichimoku and fib confluence pointing to a target of around 0.16.
Multiple time frame TA included. Charts speak for them self. If i missed something please let me know, i will appreciate it! With breakout form B-C downward channel, we appear to have completed the wave 5, and are in the process of setting up the ABC pattern now. It is possible we can go lower, but i think that will depend on BTC more than anything that BCC can...
Head and shoulder pattern setting up on BCCUSD. Fib shown as guide for potential take profit areas. Enjoy. Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
This Analysis is to confirm the H & S analysis bought forward by jpbrown1023. Shout out to him for bringing this plausible opportunity to my attention. His/Her link down below. As you can see within the chart's text bubbles, there seems to be a number of factors that are favoring the advancement of the right shoulder. However, BTC still has strong market...
IT SEEMS BCC STARTED A GOOD WAY AFTER A NICE REST IT SAVE LOT OF ENERGY AND NOW CAN JUMP AT 3TH WAVE
BCC BOUT READY.... Anyone else having issues with Fibonacci extention and retracement prices>?
Watch for a reversal on the right shoulder. If the inverse HS target price is hit, we could have a 50% gain. Currently at 30 on the 4-hour RSI and the daily RSI has come down quite a bit.
Traders, Here we have BCHUSD on 1D chart. When I trade a Bull Flag the biggest difference from a Flat Top Breakout is that the consolidation is occurring BELOW the high. So as a Flat Top Breakout consolidates within a few cents of the highs, a Bull Flag experiences typically 2-3 red candles I set my stop at the low of the flag which is usually pretty close...
Coin of the day is Bitcoin Cash. The most famous hard fork of Bitcoin, Bitcoin Cash solves infamous Bitcoin scalability problems in its own style, trying to cut any possible corner and become the most usable and adoptable cryptocurrency. 15 May hard fork Was the announcement of future BCH fork fueling the coin growth? Did people bought the coin in...
Bitcoin Cash is one of the coins in the last days/weeks which had a strong movement. Why? Because of the hard fork at the 15th of May. People are expecting a huge jump in the next 2/3 days. But I see the possibility of people selling or holding. Together with the uncertainity of how Bitcoin will behave the next two days (see my last Bitcoin chart to see what I...
plus...BCC tends to move faster in market recoveries!
Update on BCC BCH / BTC Binance If the 0.786 fib lvl will hold (0.165537) we can see a bounce back to our top of the wedge! The 0.618 fib lvl is a strong level! (0.149582) - the orange case is the most possible way we will go. Strong support of BCC BCH is the 200 MA which is around 0.13600
For 10 % profit 1. Target: 1800 $ Stop loss 1590 Could you check my previous analyse for bcc