Is bitcoin totally breaking out right now?What do you think the odds are for that lower low at around 5.7k?
i still think there is a chance it could happen, but at this very moment it seems more likely then not to be actually breaking out of the large scale correction, and this could cause massive pumps in the days and weeks to come..
it could also dump very hard right now if this is all just a fake break..
i still hold many long positions with most liquidations set below 5.7.
CASH
Gold going UPPPPP!!!!After months of gold trying to hit that 0.382 fibonacci retracement it finlly hit it and it hit our target aswell, after analysing gold again for some day, I have observed that gold formed an rever head and shoulders which would indicate that the gold will sky rocket, we have multiple confirmations now is a great time to but gold. Don't miss out :D!!! Remember to trade safe don't risk more than you can actually loose!!!
DASH/USD Bullish ChartFirst let's take a look at the EMAs, we have a golden cross (50 EMA crossed above the 200 EMA) and our candles are above the 21 EMA = bullish. We will also have the 100 EMA cross above the 200 EMA soon which would be great also. Next lets take a look at the other indicators, our RSI has room to grow pointing upward as if to suggest that it wants to push into the power range above 70. The MACD is showing a little selling pressure but that can change especially with all the other indicators looking so great. Of course we must state the obvious, BTC controls this market and as long as BTC stays stable and or moves up DASH should also. What makes this even more interesting is the break out play that is building up, specifically the pattern that is possibly being created. I've drawn up an ascending triangle which looks to be forming, if we measure the triangle we look to have a possible breakout to around/between 213.00 - 224.00 dollar area. By looking left we can see that, that dollar area lines up with former resistance also, furthering the confluence and idea that this projects value may break upward.
BCH.BTC (Prj.Y19.P2.E2).Buy ZoneIn short,
Many of the ALTs have reached what seems to be the bottom, and an expected bounce.
However we are not sure as we don't have enough data \ history to make this conclusion.
Many of the ALTs what I believe are still in the BEAR market and are still looking for the bottom, whereas BTC has and is in a bull trend\market.
BCH did well before BTC found its momentum. Question is will it do it again.
Hence my approach is, prove it and I will buy in.
I would like to see a day candle open and close at the target.
Cheers,
S.Sari / CryptoProspa
Previous post
Daily chart > 200 EMA to be overcome.
BCH (Prj.2019.P02.E01).MACRO.Level.H&SAs per Peter Brandt's tweet, and this chart, we see a Head and Shoulders formation. The target is $127.
My thoughts:
> One would expect at least 1 other level of consolidation on the way down before hitting the final target, as per the chart
> The 2x HULL moving average along with the Daily RSI chart, gives us an overview with the price movement and corresponding key indicators as to what's next
a) The reversal at the top was noted along with the cross over of the 2x Hull MA.
b) Anything below the 52.21 RSI on the Daily is viewed as a bearish trend and hence if the 2x Hull lines cross over along with the RSI crossing the 52% RSI, will give some sort of extra confirmation to go long
c) Fib. Fan along with noted support and resistance lines will also help identify when to go long.
d) Expecting a bounce around $172 price level for a short
Closeup view on the daily
BCHUSD 300% Parabolic Move 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!
Bitcoin Cash - Buy when it's cheap and sell when it's high.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 I think it's cheap, is my RSI pivot support/resistance line says it's oversold, and SToch also oversold.
Enjoy the trading with strict risk management.
Please press like button if my analysis is helpful.
Thank you guys!
BCHABC/BTC (1D): Where Is Going to Be the 1st Strong Resistance?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!
Bullish on Bitcoin Cash if this happensI 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.
#BCHUSD#Bitcoin Cash, Short signal with low riskTechnical 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
ABCABC (BITCOIN CASH) 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