Bitcoin Cash, Considerable Triangle-Formation, How It Completes!Hi,
Welcome to this analysis about Bitcoin Cash, we are looking at the 2-hour timeframe perspectives. Bitcoin Cash has shown up with this strong exponential bullish leg to the upside and is now developing this triangle-formation in the structure holding above the 45- as well as the 35-EMA. Within the triangle, Bitcoin Cash has almost finalized the coherent wave-count and when it manages to increase with the bullish edge in the coming time to finally close above the upper-boundary as it is marked in my chart this will complete the whole triangle and show up with the further continuations to the upside, therefore it is highly necessary that Bitcoin Cash rightly holds the boundary of the triangle and does not fall below it to invalidate it.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
Bitcoincash
BCH/USD: BULLISH FLAG WAITING BREAKOUT - LONG SETUP 🔔Welcome back Traders, Investors, and Community!
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Long BCH/USDTThe analysis I shared on bch/usdt on the 30/04 is probably my proudest- 52% increase in price in a week! The momentum on this pair points to further upside, it's all about finding a good entry point now. Right now seems like a good price for entry with next target projection at 2k. What do ya'll think?
Bitcoin Cash (BCH) - Very Nice!Thanks for the interest and requests for an update on BCH. Here I present a weekly perspective on the structure of the market, its wave count and future projections through to the next high point.
This is done within the larger context of the BCH Halving cycle and if you zoom out you will see that this cycle is divided into Phi (Golden Mean) proportion in an attempt to forecast the longer term trends, as I have done with BTC. It is important not to forget that like BTC, the halving process will induce cyclic trends.
This is a complete view of the multi-year BCH market, however, it does not address intermediate price movements.
I hope you enjoy!
BCH - Ready For ATH? Hi, this is my new update for BCH. 4-5 days ago I told you we are going to set a new higher high, and we have done it. We broke the resistances $1150, $1300 and right now we are above the resistance $1500. It is normal to see a pullback to $1300, but I expect if we close the candle above $1500 we may going to test the big resistance around $1750. If we break the resistance $1750 then we are ready for ATH and if we repeat what Ethereum Classic has done, then we are going to much higher prices in the coming days, so be prepared and don't PANIC ;)
$BCH/BTC temporary flippening?This will probably make me unpopular with some people, but then again, I just look at the TA so here it goes...
BCH was basically in a downtrend since it's inception and is now undergoing and uptrend which if keeps on track could possibly lead BCH to ~1.1 BTC target which is given by the fibs.
This in turn would result in a so called "flippening" with BCH having higher marketcap then BTC.
While most people view this as impossible, I consider it a possibility, but with an important taught in mind; If the targets hit, BCH won't stay there for long, therefor the flippening would be temporary.
Bitcoin Cash Bullish Continuation PatternHere we have a bullish continuation pattern on the daily BCHBTC (Bitcoin Cash) chart.
We just had a recent break above EMA10 followed by strong support confirmed.
If prices can stay above 0.01074 or EMA10, we are very likely to see a strong bullish move develop from the current price level.
If EMA10 breaks, we see lower prices and consolidation before the next move up.
Thanks a lot for your support.
Namaste.
BCH 1D Previous goal achieved, which scenario is next?Almost 4 months have passed since the publication of the previous global BCHUSD idea.
It's time to take stock:
First, the price of BCHUSD dropped by -25%, giving a tasty purchase at $380 (the minimum was $370)
And then we had +300% growth when the goal reached $1215
In the end, you can check everything yourself by looking at the idea below.
And although BCH is called the most successful BTC fork, it still lacks the strength and enthusiasm to repeat the achievement of its father.
Since the price of BTCUSD has already tripled the maximum of the end of 2017, and in the meantime, the price of BCHUSDT was able to grow only by 30% from the maximum values of the end of 2017, which were about $4000 on different exchanges.
But as we noted in the previous idea, we think that Bitcoin Cash accumulated for 9 months for a reason last year and this growth is only the first bell.
It may be more fun further)
Although at first, a correction suggests itself - if the price of BCHUSDT is kept in the zone of $800-870 , then it will be very tasty for taking a long position with a target for growth to $1700
Write in the comments your opinions, what prospects await BitcoinCash
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BCH USDT All The main points of the price high and low#BCH #bchusdt #bchusd #binance #crypto #altcoins #trading
BCH : for now 1060$ - 11120 $ is resistance
between orginal targets : 1440$
1760/1820 = target
from 1820 to 2400 : here is where price can fly if 1820 breaks
sl 930 $ - > 870$ area is support line and after that sl 830$
Time: I do not have an exact time for the goals, these are just possible points, but it can happen from now until the next 10 days or the next 2 months
It depends on whether the price explodes or moves with a pattern.