BITCOINCASH/DOLLAR Midterm forecast: While the price is above the support 279.80, resumption of uptrend is expected. We make sure when the resistance at 1617.95 breaks. If the support at 279.80 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 279.80 is broken. Trading...
Hey Guys, As much as we hate posting this idea, we have to accept the fact as a trader/investor that financial decisions can't be taken with emotions. Keeping our emotions aside, here is a third eye view of the BCH chart where we are still in the bearish zone (sadly) and the possible bottom may not be there yet. The chart marks its' reason for being bearish along...
reversal on the 1hr, dont panic son!. stop loss set at 1000bch
BCHUSD 4H FALLING Price is falling back to the home base by the ma's because... Price was stretched far away from ma's. MACD was stretched far away from 0 level line. MACD has crossed below Red signal line indicating possible new direction. Close trade if MACD crosses above Red signal line. Let us know what your ideas are on this pair in the comments.
Target: $2100 Stop-Loss: $1515 Bullish flag, symmetry with the pervious move up. Also Approaching mid-term trend line where it should bounce if it fails to break out of the flag beforehand. I have given 3 options on how it will play out. Target is correlated with the 1.618% fib level established from the previous all time high. Be careful of a break of this...
BCH/DOLLAR BCHUSD Short Set-up Some interesting action by this crypto pair. Take a look on the 15 minute chart at the continuation patterns over just the last couple of days, just perfect, with great entry points. If you traded this since yesterday, so far so good. But when Bitcoin bottoms it will obviously snap back, giving bears a chance to hit it ...so...