BCH on the daily forming an ascending triangle pattern. Will confirm when candle closes above the horizontal resistance level.
BCH has a MASSIVE FVG to close now, until the HIGH at $220 is broken we are still bearish. There is some Federal Reserve announcement to look out for today as well!
BCH Setting up lines to target the break of this POI at $234 if it breaks I will look for a long if it flips supply into demand!
BCH is playing a triangle in the begining and currently in the e wave. Ready to next leg down. It can be either a double zig zag pattern or a impulsive wave. More like a impulsive wave
BCH broke down through 50EMA (1H TF) RSI is moving in the bearish zone. I believe the asset will continue to decline.
I've been trying to figure out BCH on the small time frame and I think I finally got it. BCH has simply formed a whacky triangle for a wave 4. It became more evident when I overlaid BTC. I'm not claiming the same for BTC by the way. I show my macro count for BCH below.
Hi friends hope you are well and welcome to the new update on Bitcoin cash (BCH) Harmonic bullish reversal move: Before starting the analysis of BCH, I would like to share with you my most recent trade signal for Bitcoin cash, which I shared few days ago. That was a harmonic bullish reversal BAT move, which BCH formed on a 4-hour time frame, and recently it...
Yesterday, the head of the SEC regulator, Gary Gensler, answered questions for 4 hours before the Financial Services Committee of the US House of Representatives, which, among other things, related to cryptocurrencies. What has become known: → on the eve of the hearing, Gary Gensler was sent a letter from four members of the US Congress demanding approval of...
Hello colleagues! While bitcoin is once again stuck in a narrow consolidation, we have found an interesting short-term trade that we want to take. After a successful local growth wave on September 11, the BCH price began a correction. Since 22 September, sellers have twice updated local lows. However, they failed to gain a foothold below the $205-207...
Hello, welcome to this BCH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin cash (BCH) was a notable gainer in today’s session, as the cryptocurrency climbed for a second straight day. Following a low of 206.86 to start the week, BCH/USD peaked at 213.89 earlier in today’s session. The move saw bitcoin cash close in on a resistance level of 225, which was...
Bitcoin Cash (BCH) technical analysis: Trade setup : Bullish breakout from Channel Down pattern and above $200 resistance, with big volumes, could signal that the price is finished with consolidation, the supply from sellers has been finally fully absorbed and price can resume its long-term uptrend. Price could revisit $250 resistance. Pattern : Price was...
hello, welcome to this BCH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Another big mover on Monday was Bitcoin Cash (BCH), which surged by as much as 5% in today’s session. Following a low of 205.78 on Sunday, BCH/USD rallied to an intraday high of 221.88 to start the week. bitcoin cash briefly broke out of a ceiling at 222.00, hitting a three-week high in...
BCH looks like it has one more drop to it, perhaps to the 0.886 fibonacci around $130 roughly. It has been channeling nicely, which can help us determine the bottom as we get closer. I circled the Fixed Range volume that I suspect marks where the drop will stop. There is a Demand zone marked in green at this same area too. This will be the end of the retrace,...
Hello dear traders! BITSTAMP:BCHUSD appears to be mirroring its 2019 price action closely. 📈 There's potential for further upward movement towards the $297 and $463 levels. These price zones align with the ascending Fibonacci channel and historical support/resistance areas. The $200 support level holds significant sway, a pivotal point for both bulls and...
BCH broke above 200EMA (1H TF) The price has fixed above 200EMA (30m TF) RSI is moving in the buying zone. I believe that the asset is preparing a reversal zone. The longer we stay in the upper part of the zone, the sooner the rebound will take place.
A 2 hour chart of Bitcoin Cash / BCHUSD forming an ascending triangle pattern. Already broke out previously, only to retrace and return inside the triangle. Might see another breakout soon. A similar pattern can be seen on dogecoin on the 4hr chart.
Are y'all seeing the same pattern I'm seeing? We are experiencing almost the exact same moments back in 2017!!! FIB: -With the 0.236 placed at the top of the first major rally after the final fall, we see this play as an area of support and a correction at the 0.702 Retracement level BOTH in 2017 and now. - Do you think the 0.236 Level will play as a support?...
Shorting opportunity, 15m play, waiting for TD9 confirmation and a red Heikin Ashi candle. Bearish divergence already setting in. Targets 213 and 206.