FREE ANALYSIS ON BCHUSD - >>FREE ANALYSIS ON BCHUSD
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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
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Bchusdsignal
Bitcoin Cash BAB Trading Strategy on Bitfinex - Prepare for SellWe wait BCH come back 419-421 to make a Short after a Recovery done.
Sell limit zone: 419-421
Stoploss: 424
Takeprofit : 400-405
BCH , BITCOINCASH TradeSet up of 12/15% - Tradedeadline-15Jan19 Which way It breaks ? - For that keep close eye on breakout
Trade SetUp of 15 % upward = 180 usd
Oh 4 H time frame ,If this symmetrical triangle Breaks Upward with clear Volume
Only valid if breakupside
Trade SetUp of 15 % downward = 140 usd
Oh 4 H time frame ,If this symmetrical triangle Breaks downward with clear Volume
Only valid if break downside
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 $207. this has caused a lot of
pessimism in the market which i believe will bring
back the money makers.
caution, if this breaks below the blue line then we
are looking at another low. trade safe
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BCHUSD Bullish pannent chart pattern breakoutBCHUSD Bullish pannent chart pattern. In price chart of BitcoinCash BCH i am seeing a very strong Bullish pannent chart pattern in 1hour timeframe. If Bullish pannent chart pattern success then we can see BitcoinCash BCH to reaching 720$. In term of my view it can go 720$ before it's Hardfork. Rest is yours choice.
BCH - MAKE $$$ SHORTING BITCOIN CASH PRIOR TO HARD FORK ON NOV15Analyzing the $BCH chart we can see a high probability of a down trend and hopeful retracement down the fibonacci level and moving averages.
My personal trade is as follows:
--open short position on 5x leverage at the .0750 level
--take profts at P1, P2
--close trade at the golden ratio .619 which also coincides with the 50 day moving average.
Gredy trade:
-- wait for a spike back to the .0766 level
--take profts at P1, P2, P3
-- close your trades at the P4, P5 ranges which is also the 100 and 200 day moving averages.
Could even monitor how the fork date goes and if a heavy drop coincides that may even be able to reach the .382 fib level.
Bitcoin Cash 270$-290$ still possibleEvery time Bitcoin Cash corrected it made a reversal of 38.20% who knew it they did short at 38.20% level and made profit by shorting.
Currently Bitcoin Cash is forming a descending triangle on the daily and the 4 Hour Chart. if you want to enter look for 400$ level if it become stable on that area.
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.
Bitcoin Cash corrected 88.50% from its All Time High 4100$Bitcoin cash corrected 88.50% from its All Time High 4100$. Going under a falling wedge from May/2018. Now immediate resistance at 528$ and support at 48$ then 470$ if break we can see BCH at 400 to 415$ level. On previous swing high of BCH at 660$ 50 day MA worked as resistance. Trading at this level is very risky until more confirmation of price movement . At this time Bears are Stronger.
BCH crashing very badly following a channel on 4 hour chartBCH is crashing very badly following a regression channel on the 4 Hour Chart and moving and hitting target exactly according to my previous analysis posted.
BCHUSD to shoot up if BTC remains stableBitcoin Cash looks like it will bounce back to the upper trend-line to test it again. However, this move will see an increase by over 20%, while at the moment all altcoins incl BTC are low and looks like they go even lower.
Let me know if you think BCH is strong enough to do it?
The altseason coming? Nice bitcoin cash trade opportunity.BCHBTC chart here is showing a classic falling wedge pattern
Judging by historical support/resistance, the bottom is very clear here.
We can simply put our stop loss under 0.1 key support and a get a very nice trade with risk reward ratio greater than 8
***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***