Hello, Traders!
Monfex is at your service and today we overview BCH/USD , LTC/USD , EOS/USD.
Good ascending movement we can see at this charts , but we need to note the bearish divergence by RSI by all of this cryptocurrencies.
Assume that they will reach their target blue line and test the ex-resistances.
Share your thoughts, ideas about the market under the...
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Bitcoin Cash stays on the track towards the next target level of $350.
* We have seen a very positive dynamic of BCH price recently, while the coin has successfully made its way from $200 to $300, within a couple of weeks.
* As BCH network halvening approaches, many of market participants expect the price of BCH to surge, as...
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Bitcoin Cash posts higher gains as it continues to spread adaption and development globally.
* Bitcoin Cash (BCH) adoption, development, and participation continue to expand as more and more positive BCH-related announcements grows up.
* In addition to that, there is currently over 18 million BCH coins in circulation and...
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Bitcoin Cash leaves Bitcoin considerably behind in terms of retail consumer spending in Australia.
* According to the BCH-centric web source - Bitcoinbch.com, BCH is currently the top digital currency Australia since BCH transactions have exceeded BTC dramatically - recent publications reveal.
* Input data for this...
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Bitcoin Cash has recently found a new acceptance in South America after a partnership between Mercado Livre and BitPay. This step will make it possible for crypto holders in Brazil to pay online in BCH and BTC at one of Latin America’s biggest online marketplaces - Mercado Livre.
* Technically, Bitcoin Cash resides...
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Monfex is at your service !
Bitcoin Cash is at the crossroads. In this analysis we will try to find evidence in support of Long & Short scenario.
* Sharp bearish impulse toppled the price of BCH down from $330 to $205 in less than two weeks.
* On the heels of the drop, the price has found the Support near the local bottom registered in the end of...
Scaling in throughout the buy zone with nice confluence of technical factors, a 4 hour bullish candle close would be enough to confirm the buy signal. same price level confirmed by the pair BCHEUR. BCHBTC ratio pairs indicating BCH might be soon getting ready to do one of its classic pops in the coming weeks. Buy pullbacks, trend continuation strategies recommend.
I assume that the exchange rate can move in a double fractal system. Currently, the second rising fractal can build. If the approach is correct, the target price increase is 580 usd.
BCH on the 4-hour chart was looking overbought yesterday, We then consolidated back down and was trading at around 49 on the RSI. Resistance was retested on the uptrend and we can now see that there is a channel we are now trading into and struggling to breach. Not only is the hi-low MA coming over we have been bouncing off the 270 area which is potentially a good...
Ok, hope we have all been enjoying the crypto volatility :)
Ok so where next. I will will stick to just the3 bitmex coins since keeps it simple.
Ok so out of those coins i can onl;y see that TRX is worth shorting and BCH and most likely ADA after the first correction btc makes.COINBASE:BCHBTC
I have only done the chart for BCH, but as you can see rsi we make...
If the current high holds its space, this pair might have completed constructing its bearish channel within which we can trade.Avoid leaving money on the table by exiting positions before price hits the bottom channel line or the one above it. Hope this little helps.
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