Previous Analysis: This is not trading/financial advice.
Weekly candle charts are more accurate than daily candle charts, monthly are better than weekly and so on and so forth. Here we are looking at the monthly. We see something very nice. We see higher lows! It looks like we are on our way to retest 517 (our previous high) If we go over 517 or rather 520 (the crowd likes nice round numbers) then according to the...
Some thoughts and highlighted trendlines regarding Bitcoin Cash's quiet sideways movement, perhaps we'll see some movement from alts into 2020 now that attention is on Bitcoin. We have a head and shoulders possibility here to send us down, but I think that is already invalidated. H&S usually don't hold much weight in crypto. Keep an eye on it!
Hi friends, looking at the chart Bitcoin Cash price was playing in the range between two horizontal lines. And recently in med-term (4H timeframe I mean), it drew Falling wedge, and broke up finally. So what can we do at current minor signal of altseason? Binance coin finally got golden cross (50EMA, 200EMA). and the price is at the support line I think. And why...
The coin stopped updating its minimums. That's a 1st sign that the trend is switching to a bullish gradually. Right now we are in an accumulation period. If the market maker will give us a chance, then a good entry point will be from a lower dynamic line. Targets are marked on the chart. Good luck everyone!
Log targets are the only targets that matter in crypto world.
I believe a inverse head & shoulders pattern is developping. I'm looking for the price to retrace to $309 and then buy some $BCH in hope for the price to go back to $318 which would validate the pattern, and smash through the moving average resistance up to $336. $BCH is a sleeping beast, I am betting on it.
Head and Shoulder pattern, Go short short then. Goodluck!
Technical Analysis, H4 Time. The BCHUSD is stuck in the $ 285 to $ 336 range, only serious news can move it away. You can see that a double top template is created here. It is best to sell close to the resistance especially the above case there is a lot of uncertainty. Target: $ 290
NOW=0.0334 UNTIL TOMORROW PRICE REACH 0.034027 BTC. THIS PRICE IS VERY VERY IMPORTANT . IF BCH PRICE CAN BREAK AND HOLD IT THEN PRICE ACCORDING GREEN LINE WILL GO TO 0.04134 BTC ELSE PRICE ACCORDING TO RED WAY FALL DOWN TO 0.019696 BTC I THINK 0.019696 BTC IS GOOD PRICE TO BUY
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I made a trailing indicator for GANN cycles. These cycles are based off (at least partially) of the zodiac. The short cycles are moon cycles. (closest to current price 7/10/14/20/21/28/30) So as important cycles approach pivot points, price will react or reverse.
Bullish overall - Rounded bottom with big volume increase - Next major resistance 100%+ from support - 290 is a buy, 748 is a sell / caution
Two targets, lots of potential. 192 day cycle is approaching.
At the moment, the Bitcoin price and the altcoins have started to make a slight correction. Altcoins correction depends highly from BTC but just in case let's prepare for technically good entry areas and currently, let's look where it can be on the Bitcoin Cash chart. BCH has started to form a bearish chart pattern called Rising Wedge. If the price and if the...