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BCHBTC

BCH/BTC (Accumulation Phase?)BCH/BTC -Bitcoin Cash is on an accumulation phase -Trading at key support area or pivot zone last Dec 2018 history -BCH is also forming a potential Descending triangle pattern -Which is a bullish reversal sign if confirmed -If you are a long term trader -This crypto is perfect for your taste -Because you are buying a demand zone -But always remember to buy only you are willing to lose -This asset can be dead for many months or even years -Patience is the key here
by PolarHusk
3
BCH / BTC - Short Term with Potential for Long Term GainsSee comments directly on chart. ********************************************************************************************************************************************************************************* Thank you for your support and likes, I am an amateur in the process of learning -- please send any feeback, criticisms, critiques you may have. Enjoy the day, be careful and do your own research, beware of BTC and BTC Dominance when trading alts, and best of luck and cheers to you! *********************************************************************************************************************************************************************************
Long
by dudebruhwhoa
BCH/BTC (Accumulation Phase?)BCH/BTC -Bitcoin Cash is back at previous 2 years Swing Low support late 2018 history -Base from the bigger picture, it looks to be in the accumulation stage -But it is gonna take more weeks or even months to confirm a true reversal -If you are a long term holder, the market is good to add position -While swing traders will wait for the trendline breakout to confirm the reversal -There is always a risk in every environment so please use proper trade size management
by PolarHusk
2
BCH/BTC D1 Binance LongHello friends , I have prepared one bomb for you. BCH / BTC D1 Binance If you are willing to hold a little BCH coin for a long time you should definitely be aware. Bitcoin cash caught my eye as there was a cross 7 (white) and 77 MA (blue) a few days ago, it is a very strong signal for the upcoming UP trend. As another confirmation you can see that the trend also says clear for the purchase. RSI is slowly rising in our consolidation zone. It is only a matter of time before more movement towards UP comes. I expect a close reaction to the UP trend according to the previous period when the UP trend lasted about 51 days. From the MA cross. I have SL placed just below the view of the consolidation structure. And Take profits are ranked according to Fibonacci levels. I expect that we can get to the level of 0.618 Fib where we could take a profit of about 50% I would see the expected end of the UP trend sometime in mid-September 15-25 September.
Long
by TradingforPeople
3
Bitcoin Cash Can Do More | Next Target MappedI just shared a lev. trade for Bitcoin Cash (BCHBTC) since I believe it can go higher... Based on the signals coming from this chart. We have prices moving above the 100 periods Exponential Moving Average line with a strong RSI and bullish MACD. Everything is looking green and with a bullish Bitcoin, we can expect long-term growth for this and many other of the ALTSBTC pairs. The next target is marked on the chart... These are "easy" targets. Namaste.
Long
by AlanSantana
3
Bitcoin Cash: In-depth Breakout Analysis 1D (Jul. 26)X Force Global Analysis: Bitcoin cash (BCH) has been showing signs of reversals through a descending wedge on a downtrend. In this analysis, we take a look at Bitcoin Cash's technical evidence to assess its bullish probabilities. Analysis - To begin with, we can notice extremely extended bullish divergences on the daily, as prices form lower lows and indicators form higher lows - The Relative Strength Index (RSI) shows a steady increase over time, demonstrating increasing trend strength - The Moving Average Convergence Divergence (MACD) also forms higher lows and higher highs as a sign of momentum - The Stochastic indicator also contributes to the bullish divergence formation on the daily, adding weight to a bullish case - Counting Elliott Waves within the descending bullish wedge, we can count Elliott triangle waves (ABCDE) leading to a breakout - The Exponential Moving Average Ribbons are converging, looking to form a potential golden cross - We have managed to close above the 0.5 Fibonacci retracement resistance, providing confirmation of a breakout - Bitcoin cash has also managed to close above the Ichimoku cloud resistance for the first time in many weeks, signaling a potential long term trend reversal What We Believe We believe that the outlook on BCH is extremely bullish based on a plethora of technicals that point to the same direction. This could potentially be the beginning of a long term trend reversal. Trade Safe.
Long
by XForceGlobal
1
BCH/BTC 1D Jul. 25Suggested Entry: 25215 Target 1: 26650 Target 2: 27800 Target 3: 28840 Stop Loss: 24250 The reason why Bitcoin Cash (BCH or BCHABC) is bullish despite having a similar setup to XRP is for two main reasons: - Technical indicators support a stronger evidence for bullish momentum - While confirmation is yet to be provided, it could be argued that BCH has broken out of the descending wedge pattern As a descending wedge pattern in a downtrend is typically identified as a bullish reversal pattern, we suggest a long position with targets leading up to previous historical resistance levels, and a tight stop loss below significant support. Trade safe.
Long
by XForceGlobal