EOSUSD and BCHUSD - Common FormationEOS and BCH are portraying a common structure pre 2.618 transition
Upon transition through 2.618 I expect a large bull move for both EOS and BCH
Now is a great time to buy either
The bars pattern is extremely speculative, I have no idea where the price might top, just that its headed up after the transition
BCH
BCH now or never?
Is it going to be a dead cat bounce or vertical bull run to ATH? Hopefully the latter - looking at strong trendline support and a triangle BCH needs to breakout or break down. Judging by general market sentiment and quite long accumulation phase where BCH visited 0.764 and 0.618 fib retracement levels after August bull run it has healthy foundations to grow.
BCH Long Setup #BCH
BCH formed channel, rejected from the top now retracing to 0.5 fib, time to take long position, also other confirmation is to long is the volume accumulation setup on the same area of Fib Golden Zone.
1. Channel uptrend the price rejected.
2. Price trace the bottom of the channel
3. Retracement to the Golden Ratio of Fib
4. Volume accumulation POC on the same level of Golden Fib.
Good luck
BTC# 167jYveoC55anyaBz2vFrk8aU7SUmi6r27
Bitcoin Cash price analysisBitcoin Cash price analysis suggests upwards movement to $700
The closest support level lies at $640
BCH faces resistance at the $680 mark.
The Bitcoin Cash price analysis shows that after failing to climb above the $720.00 mark, the sellers broke the $680.00 support level as BCH returned to the $640.00 mark. Since then,the price has recovered to the $660 mark as the buyers defended the support level.
The broader cryptocurrency market has observed a bullish market sentiment over the last 24-hours as most major cryptocurrencies record positive price movements. Major players include AVAX and DOGE recording a 9.38 and a 7.75 percent incline, respectively.
Price faces depreciation up to $656 after bearish returnThe bears have been ruling the BCH/USD price chart for the past few days, as the price has been constantly experiencing a fall. The price underwent considerable decline even today, as the bearish trend brought it down to $656 extreme. This has created chances of the price going in the danger zone, as the bearish trend has been expanding at a constant rate.
Bitcoin Cash (BCHUSD): Structure Breakout & Bullish Continuation
Bitcoin cash broke and closed above a key daily resistance cluster.
Now we see its retest.
I will expect a bullish wave from 622 - 656 demand area.
Next goal for buyers 782 - 802 resistance area.
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BCH Elliott Wave Chart by CryptoKnee Looks like 640 held! At the moment, a potential Zig Zag down complete is possible, which would still fit with this count variant. A zig zag complete does not necessarily mean the correction is over, especially in a wave 4. So watching how this developes. Green done, yellow some more correction, red bad for short term bulls. Watching these support resistances which ever way it choses. Super bull, this is a 1,2 1,2. Bear this impulse, if completes, is a C of a ZZ.
Bitcoin Cash Price Analysis: we expect BCH/USD to test $615 Bitcoin Cash has experienced yearly gains of up to 180% since January 1st, counting down to the second-to-last month of 2021. Thereby suggesting significant returns for cryptocurrency traders from the annual price opening of $342 to today’s daily high of $619.
BitcoinCash Ready for Breakout and Potential 500% from here.?#BCH/USDT TA Update :-
$BCH trading around $600
And Waiting to breakout $650
After Breakout $BCH will be fly.
Entry:- $550-$600
Targets:- $971/$1500/$2200/$3000
Stop Loss:- $490
Support:- $550/$490
Resistance:- $650/$971/$1507
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