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Bitcoin Cash Knocking Dangerously at the Weekly DoorHello dear crypto friends, hope you're doing well guys! ;) BCH is currently in a wedgy/upward-moving channel, knocking dangerously at the weekly S&R door at the 450 region: A break here could lead to 600 Dollars inside the previous EQ, giving more than 30% profit. We had an upward moving bull flag already once, which saw a bull break with 100% profit (we basically doubled): => This is a rare, yet very strong form of bull flag, where the consolidation is moving upward instead of downward. If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :) Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
COINBASE:BCHUSD
by Edgy_
Bitcoin Cash ABC (BCHABCBTC / BCHBTC) Looking Quite Bullish (50%We are looking at Bitcoin Cash ABC (BCHABC or BCH, depending on which exchange you are using) long term, weekly time frame, and the charts are starting to look quite bullish... Let's take a look: Bitcoin Cash ABC touched bottom on early December 2018 just like Bitcoin, so Bitcoin Cash knows how to follow its dad. Anyways, after this low an uptrend formed, we know this by noticing higher highs and higher lows. The growth stopped when BCHABC hit EMA50 (magenta line), which led to a retrace up to 0.618 Fib retracement from the last wave. Now, this is where I see the bullish setup... There is no volume on the retrace. We have a dragonfly doji and still trading above EMA10. So not much down left to do, now we go up as our next move. Bullish RSI. MACD is bearish but trending towards the bulls. With the altcoins market heating up and the phase we are on, it is only a matter of time before Bitcoin Cash ABC takes off. Conditions for change: The first warning would come as a close below EMA10. The uptrend line (red dotted) still remains as support, but if BCHABC closes below 0.037000, then our bullish view is damaged and a new analysis is needed before the next call. What's your take on Bitcoin Cash ABC? Share your thoughts in the comments section below. This is Alan Masters, thanks a lot for your continued support. Namaste.
Long
by AlanSantana
6
Bitcoin Cash getting ready for a breakout?Bitcoin cash continues to hold very stable compared to most of the market and is still fighting with this key level and .052 resistance, but each time if has been rejected it is making higher lows, leading me to believe this could break upwards as this level breaches, as the more times it is tested the weaker resistance becomes. I would look for next resistance level around .064 sat. Would be very bullish if BCH can break through .052, then fall back and retest it as support before moving higher to the .064 level, so I think bch is one to watch very closely right now. Support wise a break below the .048 level would be significant and a signal of a potential move lower, so watch these areas closely.
Long
by CoinsightGhost
BCH to cash?While everyone is thinking of BTC and ETH this one is quitely making moves. Available on all exchanges including coinbase. I think BCH is making some moves here, if you remember the last runs we had this was in the thousands so atm it is at a good discount. I think for now we are going to hit the pivot point #3. I want to be holding BTC while it is moving up, I think this will out preform BTC so holding mine in this for now. There is bearish divergence on oscillators so it is not a given it will move the way we want. But there has been good buying action, but a pullback enter a stoploss and things will hopefully work out. vs Money
Long
by amutt
ADAM AND EVE SPOTTED?BCH(Bitcoin Cash) is currently $340 from $300 and is very...very bullish atm i was studying the charts and i spotted something that may be a bullish Adam And Eve what is an Adam and Eve? it is a double bottom.. usually after a adam and eve is spotted an uptrend begins.. there are invert/bearish adam and eves but this is bullish what do you think? BCH is looking very bullish. id buy in it but dont take my ADVICE SERIOUSLY research it! RESISTANCES: $350 $380 $400 $450 SUPPORT: $320 $300 $280 $250 $220 Have a great day!
BITTREX:BCHUSD
by CryptoKidX
2
2019: THE YEAR OF BITCOIN CASH2018: THE YEAR OF ETHEREUM linked below. Bitcoin Cash to gain 15%-20% total market dominance in 2019. Comparing Ripple 2013-2015 to BCH 2017-2019: 2013: Ripple created 2014: Ripple 2% dominance: ibb.co 2015: Ripple EXPLODES to 15%-20% dominance: ibb.co 2017: Bitcoin Cash created 2018: Bitcoin Cash 2% dominance: ibb.co 2019: Bitcoin Cash EXPLODES to 15%-20% dominance: TBA ____________________ Bitcoin = digital Gold Bitcoin Cash = everyday transactions Bitcoin supply = 21mm Bitcoin Cash supply = 21mm Bitcoin consensus = SHA-256 Bitcoin Cash consensus = SHA-256 Bitcoin on 71% sale from ATH Bitcoin Cash on 93% sale from ATH ____________________ Benefits of Bitcoin Cash: no fee (very small) and can scale. Bitcoin Cash end goal: 50 transactions a day for 10 billion humans. December 2018 Earth population: 7.5B approx. ____________________ If the crypto market cap remains at $173B for the rest of 2019, BCH will see a $26B - $35B market cap and hold 15% -20% total crypto market domination.
Long
by ll21LAMBOS21
3
Bitcoin Cash setting up for a potential moveThis is still potentially a bit early as price is resting under the .051 area which seems to be an important resistance and support area , but BCH has held up pretty well. It is still fighting with the .051 area. It has had a few spikes through, but fallen back below each time. Although it is currently under this area, I think there is the potential this can go either way. Each time it has fallen after spiking through, it has made a higher low. This could be a sign support is getting stronger, and a move up could be coming. The more times price tests .051 resistance the more likely it is to break it, so I would continue to watch .051, as if price can regain and hold this level there is the potential early signal of a change out of the current downtrend and a larger move to the upside. Neutral for now, but if it can pop above that level again and hold and find support on top that would be bullish . However if .051 continues to act as resistance it is bearish . If it does begin to fall back I would watch to see if it can hold above the most recent spike lows it made around .047 area. Breaking below them would not be a good sign. For resistance continue to watch .051 and above that .053-.054.
BLong
by CoinsightGhost