BCH ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the BCH symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Bhcusd
July 28th BTCUSD Bybit Bitcoin Chart Analysis
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 28th .
It is a 30-minute chart created yesterday.
In real time, on a purple finger,
I checked the entry position for the $10142 long position.
Up to $1317 in revenue since entering Long Position.
Those who have profits, we will congratulate everyone.
It is a week candle chart.
There was a strong up trend in the morning.
And I checked the All main section.
Pink, please check the new week parallel line.
When the purple section breaks through,
With a strong rise, the up trend can continue.
At the bottom, check the gap gap on the weekend.
Blue, based on the daily chart parallel line,
I brought today's trading strategy.
Today's trading strategy.
30-minute chart / One-way long position strategy.
Green resistance line / Red support line triangle convergence section check.
When moving in blue, check the entry price for long position entry timing.
At the top, when touching the purple section,
Strong rises may occur.
In the convergence section, when the red support line Breakaway,
On the red finger section at the top,
After entering the short position, in the final red finger section
Long position switching.
Good luck.
Thank you.
Bitcoin cash descending or ascending! There is a clear triangle appears in the chart BHC/USD, however it could be both ascending
or descending. One of the traits of triangle is that it continues a trend, in this case it's an upward trend, on the other hand it is a more of the pattern of a descending triangle(the line below goes strait horizontal and line above goes inclined. Wait for the conformation!
A candle has to be closed above or under one of the triangle lines.