. There is a possibility of temporary retracement to suggested support line (0.0143). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. Bitcoin Cash/Bitcoin BCHBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as...
Hello, thank you for your time.
Bitcoin Cash has once again broken out of support around 247-248.
The price reduces the volatility and resembles a compressive spring, forming a triangle. If it breaks up, the first target will be the top of the triangle around 277-280, which is about 10%. The next target is in the area of accumulation of horizontal volume...
While the price is above the support 0.0235, beginning of uptrend is expected.
We make sure when the resistance at 0.0480 breaks.
If the support at 0.0235 is broken, the short-term forecast -beginning of uptrend- will be invalid.
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is...
BCHBTC is currently sitting .5 fib support level after bouncing up from .618fib level. The indication is of another leg up. If the uptrend is resumed. 0.05452 will be first resistance then 0.06445. If BCH goes above 0.06445 then a final target is 0.07955. A long entry can be pushed at the moment but a safer play would be wait for a break above...
Hello guys, we had analyse BCH/BTC market and found falling wedge pattern and had drawn target price as per pattren breakout and got small bearish divergence and market may move till D-wave. As we know falling wedge is a bullish pattern but market condition is not good but you can trade according to per market breakout and can book decent profit.
While the price is above the support 0.0652, beginning of uptrend is expected.
We make sure when the resistance at 0.0980 breaks.
If the support at 0.0652 is broken, the short-term forecast -beginning of uptrend- will be invalid.
The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg...
We are doing Analysis of BCHBTC on Daily Timeframe .
With the Help of trend line , I have made trend line
Support and Resistance Levels
Note: This is only for Educational Purpose this is not an Investment advice.
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. While the price is above the support 0.0655, beginning of uptrend is expected.
. We make sure when the resistance at 0.0980 breaks.
. If the support at 0.0655 is broken, the short-term forecast -beginning of uptrend- will be invalid.
. We will close our open trades, if the Midterm level 0.0655 is broken.
. The Falling...