BCH Sell a break setup.BCHUSDT - Intraday - We look to Sell a break of 1248.8 (stop at 1306.6)
We are trading at overbought extremes.
Following yesterday's bearish candle, the overall trend lower looks set to continue today.
Pivot support is at 1270.
A break of 1250 is needed to confirm follow through negative momentum.
We look for losses to be extended today.
Our profit targets will be 1088.8 and 1044.4
Resistance: 1400.0 / 1475.0 / 1600.0
Support: 1300.0 / 1250.0 / 1180.0
Bitcoincash
Bitcoin Cash, Considerable Triangle-Formation, How It Completes!Hi,
Welcome to this analysis about Bitcoin Cash, we are looking at the 2-hour timeframe perspectives. Bitcoin Cash has shown up with this strong exponential bullish leg to the upside and is now developing this triangle-formation in the structure holding above the 45- as well as the 35-EMA. Within the triangle, Bitcoin Cash has almost finalized the coherent wave-count and when it manages to increase with the bullish edge in the coming time to finally close above the upper-boundary as it is marked in my chart this will complete the whole triangle and show up with the further continuations to the upside, therefore it is highly necessary that Bitcoin Cash rightly holds the boundary of the triangle and does not fall below it to invalidate it.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
BCH/USD: BULLISH FLAG WAITING BREAKOUT - LONG SETUP 🔔Welcome back Traders, Investors, and Community!
If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Have a Good trading day!
Long BCH/USDTThe analysis I shared on bch/usdt on the 30/04 is probably my proudest- 52% increase in price in a week! The momentum on this pair points to further upside, it's all about finding a good entry point now. Right now seems like a good price for entry with next target projection at 2k. What do ya'll think?
Bitcoin Cash (BCH) - Very Nice!Thanks for the interest and requests for an update on BCH. Here I present a weekly perspective on the structure of the market, its wave count and future projections through to the next high point.
This is done within the larger context of the BCH Halving cycle and if you zoom out you will see that this cycle is divided into Phi (Golden Mean) proportion in an attempt to forecast the longer term trends, as I have done with BTC. It is important not to forget that like BTC, the halving process will induce cyclic trends.
This is a complete view of the multi-year BCH market, however, it does not address intermediate price movements.
I hope you enjoy!
BCH - Ready For ATH? Hi, this is my new update for BCH. 4-5 days ago I told you we are going to set a new higher high, and we have done it. We broke the resistances $1150, $1300 and right now we are above the resistance $1500. It is normal to see a pullback to $1300, but I expect if we close the candle above $1500 we may going to test the big resistance around $1750. If we break the resistance $1750 then we are ready for ATH and if we repeat what Ethereum Classic has done, then we are going to much higher prices in the coming days, so be prepared and don't PANIC ;)