Bitcoin Cash (BCH) soars in value thanks to surge in crypto trading volume in South Korea Bitcoin Cash (BCH) has seen a significant surge in value, crossing the $300 mark, fuelled by rising crypto trading volumes in South Korea. The BCH/KRW exchange pair listed on Upbit, one of South Korea’s largest digital asset exchanges, saw a trading volume of $557.63...
I have recently been paying attention to bitcoin cash and in particular, the oldest chart I can find with all the data from previous bull runs etc. As shown, the weekly chart is showing a potential Elliot Wave structure with wave 1 being complete and wave 2 either complete or very close to being complete. IF this is a 2-wave structure within a broader 5 waves then...
I have seen this MACD setup around the board It tends to get bullishly rejected after a small retest at the curve top An example is TOTAL2, you can see the results on the MACD I added BCH based on this formation, and previous assumptions
Looking for a breakout above the first resistance into the large channel up BCH in my opinion has more of a real world use case than BTC Using triangles to create mosaic I am long BCH
Hi dear friends, hope you are well, and welcome to the new update on Bitcoin Cash. On the long-term monthly chart, the price action of the BCH with Bitcoin pair has completed the last leg of the bullish Butterfly pattern and entered the potential reversal zone. The 1.618 Fibonacci retracement level goes in the negative zone and it is not possible for the...
This is an informative post rather than an analysis. Hopefully someone extracts some value from it. I believe in staying ahead of the curve, in doing this, we don't need to make fast moves. Being patient often pays. For example Bitcoin Cash, has a goal at the end of its Roadmap "mankind scale" which includes 50 transactions a day for 10 billion...
X Force Global Analysis: Bitcoin cash (BCH) has been showing signs of reversals through a descending wedge on a downtrend. In this analysis, we take a look at Bitcoin Cash's technical evidence to assess its bullish probabilities. Analysis - To begin with, we can notice extremely extended bullish divergences on the daily, as prices form lower lows and...
Suggested Entry: 25215 Target 1: 26650 Target 2: 27800 Target 3: 28840 Stop Loss: 24250 The reason why Bitcoin Cash (BCH or BCHABC) is bullish despite having a similar setup to XRP is for two main reasons: - Technical indicators support a stronger evidence for bullish momentum - While confirmation is yet to be provided, it could be argued that BCH has broken out...
BCH bullish break Resistance turned support Looks good C represents a bulish wave from the ascending scallop breakdown that occurred and formed the new support
Formation of harmonic bullish BAT pattern: The Bitcoin Cash with Bitcoin pair is forming a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone to give chance to earn more gains. Let’s dig the pattern deeper to see how perfect it has been formed. After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50...
Bitcoin cash has returned to the descending parallel channel it has formed, this could be interpreted as a bump and run and likewise with fall below the parallel channel. Rejected by 200MA as said on chart, weekly chart.
Bitcoin cash is the world largest digital asset ranked at 4th position as per coinmarketcap data. This digital asset is one of my favorite crytpocurrencies that gives us trading opportunities on daily basis. From December 28th to 18th February 2020 this cryptocurrency this cryptocurrency was being traded above the exponential moving average 21 but at this time...
A classic bullish divergence has formed on the BCHUSD pair, a rise in RSI can already be seen to be occurring, bullish divergences are reliable ways to identify trend continuations. This will produce further upsides for the pair. A lot of divergences lately!
My outlook for BCH/BTC is bullish in the short-term but bearish in the medium-term. I am looking at a possible bounce at this support area, which could serve to validate the ascending support line as resistance, after which I think the price will decrease to the second support area at ₿0.0325. My main reason for this belief is the RSI and the previous...
Possible top point, don't try and pick tops and bottoms when entering exited a trade, exit when happy with profit, enter when price is 'cheap' for you.