Hi, we expected something similar will happen when Bitcoin goes in correction mode. Now we have to figure out what is going to happen after that. As you see we have made a double bottom in RSI(43) and that is the first positive sign and I expect we are going to see (W) formation in RSI and in the chart, which I have drawn for you. The second positive thing is that...
probably one of the safest coins to enter , situation is very good for bitcoin cash , price is cheap as it didnt move fine in this bull run ,price holding very strong weekly support also broke and retested bearish weekly trendline , if you hate something it means it bothers you ! so you can invest and make money lol , the sleeping giant may wake up soon
Probability of a major fall ! , JUST a possibility :-)
Bitcoin Cash triangle formation forces us to go higher fast. You can enter long at the price of $680 but wait for the breakout. ENTRY LEVELS LONG $635 $590 $540 STRONG BUY $475 STRONG BUY
Bitcoin cash New price target : $845 When: Before Feb 20 Growth: 16.7% Buy : YES Trade at your own risks
Fib Extensions 854 and 1217 in play. Restest of previous high may have already been complete. See levels and leave questions in comments.
BCH is currently undervalue, it can easily catch previous high $3.7K + the BCH developer team gearing up to upgrade the network in May 2021, there are a lot of positive developments coming up, I see a massive upward potential in BCH. It will attract more retail money as BTC getting out of reach from many small and moderate investors. This is your next Bitcoin,...
Since the last time I updated you BCH is up 35%. We are in bullish momentum right now, 2 resistance (525 and 630 are broken), now we are looking for resistance $880. If we close the weekly candle above $650 today, it is for first time after 2.5 years and that’s good news. But first we have to backtest the broken resistance $630, if that holds, then we are ready...
I updated you last week that we have broken the trendline and it is time to buy, since then BCH is up 25%. Now it is time to break the resistance $525-535 to move further. Once we break the resistance we are ready to takeoff. + We have RSI above 60, MACD still green and we all know that BCH is undervalued compared to the other coins. Let’s go 🚀
Good news, we have now re-test the trend line and the support level $400 held. Now we have to break the resistance $525 to move further. Something is very strange and that is BCH is very undervalue compared to other coins, because according to Total Market Cap exclude BTC the fair value for BCH most be around $4000.
Bitcoin Cash is one of the currencies that requires holders with a lot of patience :) But if we look technically, it has formed an A-wave and corrected up to 61.8% of the Fibonacci inside the falling wedge, and now it is ready to start the C-ascending wave. 2 Feb Analysis in Bitex Group :
The price of the coin is consolidating in a falling wedge-shaped trading range. This figure is bullish and indicates a set of positions by a major player. The confirmation will be going out of the trading range. My focus is on the global key resistance line. Cluster analysis - large volume Indicators - price reversal up Break of the wedge -> exit from the...
From this chart we see that we have good support around $400-425 + we see also Elliott wave principle (1,2,3,4,5) waves and a small (abc) correction, so I think now it is time for new (1,2,3,4,5) waves to come and that will get us up to the target $1000 in the short term. The last update I did for BCH, I told u guys that BCH is lagging behind the Total Market Cap...
The fall in the price of BTC yesterday provoked a strong downward impulse in the BCH market. The price for the day fell by 20% . The main trading volumes by which buyers formed a wave of growth from 9 to 11 January are placed above, in the range of $400-600 . What threatens the coin next? In fact, we expect the price of BCH to fall below $360. In the...
The moment we all have been waiting for. 100% bullish with target $2500
very simple clear pattern. Thank you for looking
First support is no more support. Looks like free fall. Building a position here, bcs my experience with BCH is that always he pumps hard, and above all tops. So... 0.021-2 entry Sl below @ 0.02-0.019 First tp1 is @ 0.027 I will long hold this position, or maybe even upgrade it if price fall.
After the big dump, Bitcoin cash shows a lot of positive indicators leading to validate the bottoming and now coming rise before the 14 of september. Then we will evaluate the situation to understand if there is any more upside or if the market is just playing fools games as it did during the last week. Stay safe Subscribe @Zemoood