KEEEP AN EYE OUT ON BCHUSD - WE MIGHT SEE THIS PUSH UP SOONbchusd has slowly but surely become steady. i can see this gearing up for a move up soon so, be ready
Bchusdanalysis
BCHUSD UPDATE - WHAT NEXT? ANY THOUGHTS?Last time i analysed BCHUSD, i noted that we could be seeing
a support at the blue line as now confirmed.
This drop has coincided with the BTCUSD and ETHUSD drop
that we have all witnessed.
Stoch RSI is now crossing over now also, we could be seeing
the start of the uptrend.
on the 7th Nov BTCUSD was around $630 now dropped
down to just below $207. this has caused a lot of
pessimism in the market which i believe will bring
back the money makers.
caution, if this breaks below the blue line then we
are looking at another low. trade safe
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BCHUSD - UPDATE - TREAD LIGHTLYBCHUSD drooooopped this week. this is a possibility it might even drop a lot lower to around $200. ~@&%
in a fairl world the bulls should rush in now. a word of caution... tread lightly.
SUPPORT THE MOVEMENT WITH YOUR LIKES,
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BCH - MAKE $$$ SHORTING BITCOIN CASH PRIOR TO HARD FORK ON NOV15Analyzing the $BCH chart we can see a high probability of a down trend and hopeful retracement down the fibonacci level and moving averages.
My personal trade is as follows:
--open short position on 5x leverage at the .0750 level
--take profts at P1, P2
--close trade at the golden ratio .619 which also coincides with the 50 day moving average.
Gredy trade:
-- wait for a spike back to the .0766 level
--take profts at P1, P2, P3
-- close your trades at the P4, P5 ranges which is also the 100 and 200 day moving averages.
Could even monitor how the fork date goes and if a heavy drop coincides that may even be able to reach the .382 fib level.
BCHUSD - POSSIBLE UPTRENDi am expecting a longer term uptrend for this crypto
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Bitcoin Cash 270$-290$ still possibleEvery time Bitcoin Cash corrected it made a reversal of 38.20% who knew it they did short at 38.20% level and made profit by shorting.
Currently Bitcoin Cash is forming a descending triangle on the daily and the 4 Hour Chart. if you want to enter look for 400$ level if it become stable on that area.
Bitcoin Cash correction is not over yet !Bitcoin cash crash to 410$ 2018 low till now. Going inside a falling wedge since 3rd week of May 2018.
According to 2 pol target we can see on the bch chart, the 1st target showing BCH to 260$-270$ and there is a Fib retracement level 127.20% at the exact target and the 2nd target is showing BCH to 410$-415$, at the exact target BCH did a bounce back as we can see on the chart.
Now there are two possibilities from the current market trades BCH can jump up to 600$ - 660$ to test as resistance. OR if BCH couldn't hold the support of 410$-415$ then expect Bitcoin Cash to see at 260$-270$. Yes, its possible.
Bitcoin Cash corrected 88.50% from its All Time High 4100$Bitcoin cash corrected 88.50% from its All Time High 4100$. Going under a falling wedge from May/2018. Now immediate resistance at 528$ and support at 48$ then 470$ if break we can see BCH at 400 to 415$ level. On previous swing high of BCH at 660$ 50 day MA worked as resistance. Trading at this level is very risky until more confirmation of price movement . At this time Bears are Stronger.
BCH crashing very badly following a channel on 4 hour chartBCH is crashing very badly following a regression channel on the 4 Hour Chart and moving and hitting target exactly according to my previous analysis posted.
