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Bchusdanalysis

Bitcoin Cash Analysis: Daily Timeframe Bearish BiasConclusion for today's Bitcoin cash analysis: Lack of a price close above ~324 that is followed by a break below 247 is bearish for Bitcoin Cash. A log scale of BitcoinCash is presented using Japanese candlesticks on the Daily timeframe. The major bullish trend in the cryptocurrency that lasted over 8 months is highlighed on the chart. A break below the bullish trenline is bearish. The slope of the 200 Day moving average of BitcoinCash changing from a rising to zero slope also supports the notion that prices are perhaps going to resume further movement to the downside. The 200 day moving average currently coincides with the 324 price level and suggests that the the latest bullish price swing from October 23, 2019 might run into resistance at the aforementioned price level. 382 to 356.88 also present an immediate resistance zone above the 200 Day moving average so that any price movement above the moving average can be expected to stall in the resistance zone, even if temporarily. A break above the upper boundary of resistance at 382 improves the chances of having bullish momentum sustained. On the other hand, lack of a break above the 200 Day moving average that is followed by price closing below 247 is bearish for BitcoinCash.
COINBASE:BCHUSD
by Coin_Analyst
FREE ANALYSIS ON BCHUSD - >>FREE ANALYSIS ON BCHUSD Welcome to SiriusTrading (managed by Segunby), Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :) - 15 Min we can see a small bearish momentum forming. Currently MACD is showing bearish divergence and same on the Stoch RSI. 1 HOUR Price broken out of the 3 MA's on the chart. Buyer interests also increasing with STOCH RSi turning up. My MA 100 and MA 200 also about to cross over so we might see some bearish move before we see the move up continue. Also a triangle is forming indicating a breakout soon. 4 HOUR Bearish. Price below the MA's and in fact tested the MA 100 and was rejected. All MA's have converged, we should see start of another break out. 1 Day Bullish. We are see a correction of the previous bull move up. Price tested the 100 MA. Hidden divergence found on MACD and Stoch RSI. expecting move move up. OVERALL bullish Outlook for BCHUSD - Thanks for reading See previous analysis Please share your thoughts and views on my analysis and don't forget to like it and share with others. #forextrading #forextrader #forexlearning #forex #stocktrading #investor #wallstreet #motivation #investment #bitcoin #investing #cryptocurrency #stocks #passiveincome #daytrading #stockmarket #crypto #forexprofit #pips #currency #financialfreedom #workfromhome #success #money #entrepreneur #stay #achieve #wealth #luxury
KRAKEN:BCHUSDLong
by SiriusTrading
BCHUSD UPDATE - WHAT NEXT? ANY THOUGHTS?Last time i analysed BCHUSD, i noted that we could be seeing a support at the blue line as now confirmed. This drop has coincided with the BTCUSD and ETHUSD drop that we have all witnessed. Stoch RSI is now crossing over now also, we could be seeing the start of the uptrend. on the 7th Nov BTCUSD was around $630 now dropped down to just below $207. this has caused a lot of pessimism in the market which i believe will bring back the money makers. caution, if this breaks below the blue line then we are looking at another low. trade safe like, comment and follow
KRAKEN:BCHUSDLong
by SiriusTrading
2
BCH - MAKE $$$ SHORTING BITCOIN CASH PRIOR TO HARD FORK ON NOV15Analyzing the $BCH chart we can see a high probability of a down trend and hopeful retracement down the fibonacci level and moving averages. My personal trade is as follows: --open short position on 5x leverage at the .0750 level --take profts at P1, P2 --close trade at the golden ratio .619 which also coincides with the 50 day moving average. Gredy trade: -- wait for a spike back to the .0766 level --take profts at P1, P2, P3 -- close your trades at the P4, P5 ranges which is also the 100 and 200 day moving averages. Could even monitor how the fork date goes and if a heavy drop coincides that may even be able to reach the .382 fib level.
BShort
by bardownzy
5
Bitcoin Cash correction is not over yet !Bitcoin cash crash to 410$ 2018 low till now. Going inside a falling wedge since 3rd week of May 2018. According to 2 pol target we can see on the bch chart, the 1st target showing BCH to 260$-270$ and there is a Fib retracement level 127.20% at the exact target and the 2nd target is showing BCH to 410$-415$, at the exact target BCH did a bounce back as we can see on the chart. Now there are two possibilities from the current market trades BCH can jump up to 600$ - 660$ to test as resistance. OR if BCH couldn't hold the support of 410$-415$ then expect Bitcoin Cash to see at 260$-270$. Yes, its possible.
BLong
by UnknownUnicorn3470358