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Bitcoincashdollar

BCH/USDBCH/USD(Bitstamp) As mentioned in the previous article last week, Bitcoincash has been under correction(dropping) and it dropped further 20%+ since last week. Bullish Case: After surging 200%+ in the mid of December, It has dropped 50% at the time of writing.Though such drop is usual after such price surge but it need to holds $123-$109 price level to continue bullish momentum.Bullish confirmation will be when it breaks $220+ level in the coming days/weeks with a target around $350+ price le
BITSTAMP:BCHUSD
by coinswitch-trading
5
There is a probability of resuming the uptrend in BCHUSD Midterm forecast: While the price is above the support 190.10, resumption of uptrend is expected. We make sure when the resistance at 637.00 breaks. If the support at 190.10 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 460.75 on 2018-08-14 and the trough at 405.45 on 2018-09-12, the probability of downtrend continuation is decreased and the probability of resumption of uptrend is
BLong
by ForecastCity
2
There is a possibility for the beginning of an uptrend in BCHUSDMidterm forecast: While the price is above the support 190.10, resumption of uptrend is expected. We make sure when the resistance at 637.00 breaks. If the support at 190.10 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 460.75 on 2018-08-14 and the trough at 405.45 on 2018-09-12, the probability of downtrend continuation is decreased and the probability of resumption of uptrend is i
BLong
by ForecastCity
A Second Chance to Buy in BCHUSD ...New trading suggestion: *The price is in a range bound and we forecast the uptrend would resume. *There is still a possibility of temporary retracement to suggested support line (832.10). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 832.10 would begin in Midterm. Technical analysis: The RSI bounced from the support #1
BLong
by ForecastCity
A Second Chance to Buy in BCHUSD ...New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. * But there is still possibility of temporary retracement to suggested support line (1292.20), if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 1292.20 is not broken, the Midterm wave will be uptrend. Price may also reach 1292.20, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry de
BLong
by ForecastCity