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BCHUSD is displaying signs of a falling wedge within the channel trading region. A breakout upward may result in a break of the major downward trendline that has been holding this back for months. Or, it may simply push the price up to the trendline and fall back lower.
Technical analysis: . BitcoinCash(ABC)/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is...
Did a TA on Bitcoin Cash against BTC. It shot up from 0.064 BTC all the way till 0.098 BTC after the announcement from binance that the hard fork token will be supported. Interestingly enough, it did not pass the point of 0.1 BTC and i think because there was a lot of sell orders at that point because of the rule of round number. Nonetheless, after doing a...
BCH Making Triangle Buying Opportunity Buy- 420 Sell 508 , 576, 650 Stop Limit 390 Stay Tuned..........!! Learn Here , Earn EveryWhere
Technical analysis: . BITCOINCASH/ETHEREUM is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested...
Technical analysis: . BITCOINCASH/ETHEREUM is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested...
BCHBTC chart here is showing a classic falling wedge pattern Judging by historical support/resistance, the bottom is very clear here. We can simply put our stop loss under 0.1 key support and a get a very nice trade with risk reward ratio greater than 8 ***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***
buy at 1.60 - 1.45, sell at 1.88 - 1.91
Yes, the chart looks horrible,... for no reason. BCHBTC pair has been tanking as of late. I do trade the pair: for the order flow reminds me of trading bond futures. It's nice. With Bitcoin Cash BCH technology being better than Bitcoin core BTC. I think its a great opportunity to start building a position for a longer term hold, or hodl. Bitcoin cash is...
Yall impressed by Bitcoin Cash right now aren't you ??? Well guys it's NOTHING compared to what is up for the year to come !
Play the Big pattern at play. When nobody is talking about it is when it will blow!!
Guys we are here. Bears going to die Bulls will ride!!!
Finally the triangle will be broken, BCH has to break that 2 strong resistances, after that BCH can fly. In the other side ETHUSD are still in bearish mode. This is a short term trade. Im not your financial advisor DYOR.