Buy the breakout or the bounce after the breakout.BCH is about to breakout
If it happens you can buy it and ride it until it fill the gap.
Place your stop at the upside trend line.
BCH lost a lot of value during the Fork battle, it can recover well.
There is money to be made or bitcoin ( as you want :) )
BCHBTC trade ideas
#BCH... Set alerts and wait !#BCH I see a descending channel in Bitcoin cash daily chart since November.
Right now under a sell signal from the UCTS and volume decreasing.
Falling into 0.023 sats seems a little extreme but 0.03sats could be possible if there is no signs of reversal...
Set alerts and wait
BCHABC looking for violent moveBCH forming one of the biggest bullish pennant on daily.
My Elliot wave final target lies at 0.09 which is also pennant measured move.
Stop loss is must here because on pattern failure it will dump hard!!!
.
If you have specific question u can join my TG group for this trade specifics.
Bitcoin Cash (ABC) Morning Star (Learning)Here is the " Morning Star " bullish pattern.
"A morning star candlestick pattern is seen by technical analysts as a bullish sign following a downward trend. The pattern consists of three candles" .
I've been watching Bitcoin Cash (BCHZ18) closely on BitMEX, and this pattern came up as price went down. As soon as I saw it, I opened a position which is now in huge profits.
This post is shared for learning purposes. This is no trade advice.
If you found this article useful, please hit LIKE for more.
Thanks a lot for reading.
Namaste.
BCH - Bouncing off all-time low, ABC is ready to dust SVLooking at the daily chart for BCHABC, I see a lot of things I like. We have a bullish cross on the daily MACD as it rounds off key support. The two previous times BCH touched this support,the price took off to all-time highs. But take that with a grain of salt as it's important to remember those pumps occurred in a bull market and this is a bear market. The RSI, however, is very low at 21 and was as low as 16! And for the daily RSI no less. Now that Bitcoin is showing signs of reversal/recovery, the alts are also recovering. I think there's a lot of room up if this is a short-term bottom for BCH. My initial target is resistance at .06. If we get some serious volume maybe we touch higher. Either way, it will put some serious distance between ABC and SV as it should be.
BCH ABC to BTC, extremely bearish... no suprise there...Not much explanation necesary you can see how much bearish volume those very strong bearish wicks have, bch is going down, and it is no suprise, this coin has a dark and sad future ahead of it, if you can even call it a future. basically roger ver and his whole circle of conspirators have been exposed, now they are even being sued by doing some really shady shit that goes against everything they said they stand for.
also the fact that developers miners and everyone with a half functioning brain realized that hard forks every 6 months is basically the worst idea ever thought by a human being, this coin has no future, get out now!
BSV is the future, look at my previous idea I explain why BSV is extremely solid, bearish in the immediate future but very fucking bullish in the long term, its even stronger than BTC.