SOS in background potential accumulation phase . waiting for move up while price action is above lowest trigger levels.
SOS at low with recent very high volume up bar closing at middle means recent weakness at previous base price level. if price remains AND ONLY IF above trigger levelS we can see test of base level again and more up.
In my opinion BCH will land for 0.114 support and then will bounce back strongly. It seems every time it drops -49.06% and then pushes back. Nothing scientific just an intuition and idea
after recent SOS potential LONG counter-trend trade setup . entry,target and sl on chart. THIS IS NOT ADVISE TO BUY/SELL USE AT YOUR OWN RISK.
This alligator is hungry. How long before it starts eating? BCH seems ready to move onto wave 3.
Hello everyone! So BCH hit the 0.618 FIB which happened to be the 2nd of the 3 support zones. It also hit the broken resistance line which turned into support. Now BCH has slow blocks, which makes it a lot easier to pump (it means users can't really deposit coins into exchanges to sell them, so the already restricted supply, gets more restricted). Miners sold...
everytime price goes down to test recent low more strength coming. several SOS at this area POTENTIAL ACCUMULATION. waiting for price action above trigger levels and change in MTF trend.
This fractal seems very similar to a the fractal Siacoin had when it was pumping to the moon. It looks like it has been holding these levels pretty well, if it pumps again, it could pump hard. optimal buy zone: .15 stop loss: .14 target: .285
SOS at recent down movement waiting for 45/60 to be aligned and change in trend behavior.
Potential Buy trade setup after shakeout SOS is seen at this lows . right now testing high volume area and more buying SOS confirmation at the same place waiting for another test or no supply confirmation. THIS IS NOT ADVISE TO BUY/SELL USE AT YOUR OWN RISK
SOS at previous price level reaction potential change in direction. waiting for trend alignment MTF . trigger level yellow line. and SOS confirmation.
BCH bounced over the 1h and 4h Kumo support line, but it's next move is not sure. Any ideas ?
BCH is in noman's land. Price has found a retracment level and consolidated. Above the resistance line and a candle close above this will prove that the Bulls have won. Price may retest support and a 50% fib before heading higher to the target overlapping extensions 127% & 161.8 of the 1st corrective wave and the overall swing.
After double bottom and LTB breakup, I believe in new high
Potential selling at recent top . price key levels marked above price action which should act as resistance. waiting for trend down alignment on MTF or more up if above levels are broken.