Bitcoin Cash, In Decisive Wedge-Formation, How It Can Complete!Hi,
Welcome to this analysis about Bitcoin Cash, we are looking at the 30-minute timeframe perspective. As Bitcoin Cash has shown up with important initial bearish declines to the downside it now somewhat shown up with some bounces, these bounces however arent not really strong and a full reversal for now. Besides that Bitcoin Cash has formed this ascending-wedge-formation with the coherent wave-count within almost already completed. When Bitcoin Cash now moves below the lower boundary with this bearish price-action as seen in my chart this will lead to the continuation and testing of lower supports as marked in blue from where the situation needs to elevate anew, for now the bearish perspective should not be underestimated.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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Information provided is only educational and should not be used to take action in the market.
BCHUSD
BCH To The Moon! - Fibonacci AnalysisBitcoin Cash looking good! It bounced back of strong support and heading North.
Entry Zone: $850 - $950
Take Profit #1 $1,132
Take Profit #2 $1,199
Take Profit #3 $1,354
Disclaimer: This is not a financial advice. This information does not provide individually tailored investment advice and does not take anyone’s circumstances into consideration when discussing investments, nor am I registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any cryptocurrency.
BCHBNB - Nison: 20 SMA with RSI(5) - Change of PolarityBCHBNB - Nison: 20 SMA with RSI(5) - Change of Polarity
- BCH has overcome Pivots P and pulled back to P after hitting R1.
- P shows a potential Change of Polarity (old resistance becoming new support).
- The pullback candle closed as a Piercing Pattern, setting horizontal resistance at the low of the pattern (1.8).
- The reversal came on a pullback to SMA 20 (Bollinger Basis).
- Nison 20 SMA with RSI(5) strategy wants RSI to close above 50, pull back, and find support. That will be a long entry signal.
SL: 1.795
T1: 2.175
T2: 2.42
T3: 2.8
RR: ~ 2.17, 4.21, 7.37
Additional Strategy:
Nison: EMA Crossover
- Wait for 4H EMA 5/8 Golden Cross on candle close.
- Set a buy order 2-5 ticks above the next Daily close which has a lower high.
- Trail buy order down until the trade executes.
- Close the trade 7 candles later, including the candle which triggered your entry.
Break Trendline Like BCH Hi, this is my new update for BCH, 3days ago I informed you that once we break this trendline, the bullrun in BCH will start and you see what happened after that. We broke both the resistance $880 and trendline at the same time. Now we have tested the resistance $1150, if we break it the next one is around $1300, but if we see a pullback to $880-900 in the next couple of days, to backtest both the trendline and the support level, I would not be surprised. BCH is 100% BULLISH
Be prepared and don't PANIC ;)
BCH , first target smashedcheck related idea down below and do not forget to push like for more updates . we are in from 480$ and finally our first tp reached , now after some correction ( maybe ) it will be ready to fly , as you can see there is no strong resistance untill 1800$
lets bring fomo into bch
Bitcoin Cash - Finally Awaken?Bitcoin Cash - One of the oldest coins in the market, tested with time. It has recently broken out of a recent high, made higher lows, and validated a double bottom pattern.
Pros:
- It is extremely far away from ATH which sits around at 4k, with the current price that's a 500% move.
- Formed a higher high and multiple lower lows.
- Just broke out of the previous high, in short term its PT is at least 920.
Cons:
- Older coin with old technology, not as attractive as some of the newer coins
- Less explosive gains
- RSI close to overbought area
If you're interested:
- Buy at a pullback to the previous high at around 700 - 730, SL at 650
If you already holding BCH:
- Short term PT 920, end of bull market PT 1500+
BCH it's a good coin! think about it!! :)BCH in 2017 was a lot of fun! See the number of transactions on twitter. There are more of them than on bitcoin. It's a coin to pay, small costs benefit a lot. Everyone is blindly looking at bicoin, but the crypto world is more interesting. Be different and push those who haven't bought BCH yet. Lots of positive information - rakuten, paypal, fast and cheap transactions - that's what we need. Ath is close to $ 4000, I think there will be more. The risk is small and the profit can be great. Think about it to have a big smile :)
Bullish scenario on BCH-USDTWe broke strong support, retested it and now price goes up. I see 3 goals (in long term we will update top) in mid-term. Of course scenario will totally depend on BTC price - if it will stay in flat between 57000-59500 or go higher, BCH will play this scenario. Wish everyone great profit!
BCH DID HIT EXACTLY OUR TARGET 800 USD! THE GOLDEN EXPECTINGHello trading friends,
1 week ago we did expect that bch will breakout to 800 USD, and the max day today exactly 1-week BCH are 800 USD , see the before chart below
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