Hello to you all. Mars Signals team wishes you high profits at all times.
Our first idea is that we think that Bitcoincash is going to rise towards 1,000 dollars. If it goes out of its channel, it can experience higher prices. (You can see the resistances on its path on the chart)
Our second idea is that it will start ranging and go out of that channel.
The less...
WAVE 3 in progress! The best time to buy is now!
I'm LONG / BULLISH position. I expect that $BCHUSD will rise up.
This would mean that BITCOIN CASH will gain more value against USD.
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION .
No one goes into the market thinking they should buy at the high and...
Hi friends hope you are well and welcome to the new update on Bitcoin cash. Recently a very positive move can be observed on the daily chart that after touching the support at $215 the price action moved up and broke out at $225 resistance again. At this time the price action is retesting the $225 resistance level as support that is really very good gesture...
Hi friends hope you are well and welcome to the new update on Bitcoin cash. In my previous post I explained why the Bitcoin cash can move down to hit the support of the wedge. At this time the price action is at the support of the wedge pattern now we will try to understand what the price action can do next.
The movement within a wedge:
Price action of Bitcoin...
Failed in breaking out the key level resistance:
The Bitcoin cash had started is very powerful bullish rally in December 2019 after breaking out the first resistance level at $304 the price action used this resistance as support and using this support the price action moved up to make an attempt to breakout the key level resistance of $501. After reaching at $497...
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.
Bounced Back From Key Level Resistance $501:
Hi friends welcome to the new update on Bitcoincash. Guys if you remember I posted an article on 2nd Feb 2020 where I told you that the BCH is going to hit its key level resistance at $501 at that time the price of Bitcoin cash was $378 and then it moved up to $497.53 that was very close to resistance level as I...
Priceline of Bitcoin Cash / US Dollar cryptocurrency has formed a bullish Butterfly pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 210.16 to 183.53
Sell between: 232.66 to 285.02
Regards,
Atif Akbar (moon333)
World's 4th ranked crypto token Bitcoin Cash (BCH) has formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the dimensions of SNGLS priceline's move:
After initial leg (X to...
In my previous post I depicted that After taking a powerful bullish divergence in Dec 2018 the price action made upto 608% big move after that the priceline of Bitcoin Cash was going through the price correction period since Jun 2019 Upto Dec 2019 and the most lowest point has hit the 0.786 Fibonacci projection from lowest to highest point, and in the meanwhile...
Priceline of Bitcoin Cash / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 204.25 to 202.67
Sell between: 207.90 to 213.55
Regards,
Atif Akbar (moon333)
The priceline of Bitcoin Cash / US Dollar has formed a bullish butterfly pattern and entering in potential reversal zone.
I have defined the targets as per Fibonacci sequence plz find below:
Buy between: 270.41 to 246.82
Sell between: 288.75 to 333.09
Regards,
Atif Akbar (moon333)
Out of the major coins, the one which had the most aggressive price drop was Bitcoin Cash by far.
Based on a market capitalization which has decreased significantly, the fundamentals also played an important role and these ones were not good at all.
In more than one month, the price of Bitcoin Cash has dropped from 627$ (value which was reached on the 6th of...
After the big drop of the market capitalization and negative fundamentals, the price of Bitcoin Cash also had an aggressive movement and became one of the coins which are leading the drop. Looking at the chart, we can easily compare the current decrease of the price with the ones we could see the US Stocks having in the middle of the previous financial...
After an increase of almost 56% since the 29th of October, it seems that the price of Bitcoin Cash has created yesterday another "peak" at the value of 648$.
Although it didn't bounce back from the Resistance Level of 658$ the drop which started yesterday it's based on lower trading volumes and it seems to continue, as there are 3 technical indicators which are...
