BCH local work. Secondary trend. Triangle 23% 53%BCH / USD pair If you are not new to trading, then you can try trading within the global triangle.
Moreover, a fractally symmetrical triangle of 23% is formed there, which can act as an upward pennant of 53%.
Enter on a breakout or pullback after a breakout of a given formation.
Globally, the BCH main trend has formed a symmetrical triangle formation with a base of 777%.
At the moment, the price is at the resistance of the downtrend line of the main trend. A breakthrough and consolidation above it will mean a reversal of the main trend.
BCH. Main trend. Triangle. Base of triangle 777%
There must be a strategy and a plan. At the same time, your strategy and plan should be flexible from market situations.
There must be a strategy and a plan. At the same time, your strategy and plan should be flexible from market situations.
BCHBTC
BCH/USD (Retest Weekly Major Support?)COINBASE: BCHUSD
-Bitcoin Cash weekly chart view is still sideways
-It is trading inside a potential ascending triangle
-A clear flat area of resistance at 500 dollars
-And new upward trendline of support at 175 dollars
-BCH is likely to retest major support again
-Can we expect another strong upside movement after retest?
-There is a big chance because of good risk to reward ratio
-Buyers will be interested if the price get this low
-Please don't take this as financial advice
-Technical analysis is only a guide for future scenarios
-Exercise proper risk management
BCH/BTC (Accumulation Phase?)BCH/BTC
-Bitcoin Cash is on an accumulation phase
-Trading at key support area or pivot zone last Dec 2018 history
-BCH is also forming a potential Descending triangle pattern
-Which is a bullish reversal sign if confirmed
-If you are a long term trader
-This crypto is perfect for your taste
-Because you are buying a demand zone
-But always remember to buy only you are willing to lose
-This asset can be dead for many months or even years
-Patience is the key here
BCH / BTC - Short Term with Potential for Long Term GainsSee comments directly on chart.
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Thank you for your support and likes, I am an amateur in the process of learning -- please send any feeback, criticisms, critiques you may have.
Enjoy the day, be careful and do your own research, beware of BTC and BTC Dominance when trading alts, and best of luck and cheers to you!
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BCHBTC bullish!#BCHBTC
as alts getting more room to grow BCH is one of the gem to hold
Updates pm #BCH/BTC price at this moment 0.02490 BTC
If u haven't bought yet on the last call try to buy it below 0.02495 Sat
Target on the chart.
Yellow = short term
Purple = midterm
stoplos below support zone around 0.02320 area
Inverted Head&Shoulders on BCHBTCHello, traders.
BCHBTC is forming a possible inverted head and shoulders on an important support level on 15 minutes intraday timeframe.
Attention: The entry point is only after the breakout of the neckline. The stop-loss must go below the last bottom and, the objective is on the next important resistance level.
The blue line is another excellent entry point for this asset.
BCH/BTC (Accumulation Phase?)BCH/BTC
-Bitcoin Cash is back at previous 2 years Swing Low support late 2018 history
-Base from the bigger picture, it looks to be in the accumulation stage
-But it is gonna take more weeks or even months to confirm a true reversal
-If you are a long term holder, the market is good to add position
-While swing traders will wait for the trendline breakout to confirm the reversal
-There is always a risk in every environment so please use proper trade size management
BCH/BTC D1 Binance LongHello friends ,
I have prepared one bomb for you.
BCH / BTC D1 Binance
If you are willing to hold a little BCH coin for a long time you should definitely be aware.
Bitcoin cash caught my eye as there was a cross 7 (white) and 77 MA (blue) a few days ago, it is a very strong signal for the upcoming UP trend. As another confirmation you can see that the trend also says clear for the purchase.
RSI is slowly rising in our consolidation zone. It is only a matter of time before more movement towards UP comes.
I expect a close reaction to the UP trend according to the previous period when the UP trend lasted about 51 days. From the MA cross.
I have SL placed just below the view of the consolidation structure.
And Take profits are ranked according to Fibonacci levels.
I expect that we can get to the level of 0.618 Fib where we could take a profit of about 50%
I would see the expected end of the UP trend sometime in mid-September 15-25 September.
Bitcoin Cash Can Do More | Next Target MappedI just shared a lev. trade for Bitcoin Cash (BCHBTC) since I believe it can go higher... Based on the signals coming from this chart.
We have prices moving above the 100 periods Exponential Moving Average line with a strong RSI and bullish MACD.
Everything is looking green and with a bullish Bitcoin, we can expect long-term growth for this and many other of the ALTSBTC pairs.
The next target is marked on the chart... These are "easy" targets.
Namaste.
Bitcoin Cash | Falling Wedge Breakout Done..!!BCH/BTC (Update)
Falling Wedge Breakout & Retest Done in Daily Timeframe Chart.
Buying Volume Slowly Increasing that Means, Big Bullish Move Ahead.
Major Resistance : 0.03 Sats
Bitcoin Cash Might test the Major Resistance Area in Coming Days.
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