Peacefulwarrior
Bitcoin Cash : what's next ?!BCHBTC : the downtrend in global, rising in local. Small bullish triangle in 4H. What we can say ? Defined the points of awaiting a clear trend.
B I T C O I N : your desiresBTC/USD review.
Welcome all market participants!
On the one hand, a clear formation of the micro and macro head of the shoulders. A lot of expected figures, which are realized in the shortest possible time. The price is very close to the strong line of resistance. Formation of the ascending channel, which is aimed at turning and interpreting the given prerequisites.
On the other hand, we do not forget about the downward trend, the bears are still in the market, but weakened slightly. Putting on growth in a falling market and finding a reversal trend is often an unprofitable story. The anchor still holds. But if you catch it on the turn of these events - rise above the sky to the moon, it will bring you a lot of money.
Targets in the chart.
Good luck!
Bread BRDBRD/BTC downtrend, pennant & flag give us the sell signals. RSI looks for some up-movement. Firstly, BRD can reach the resistances of the figures, then go down by Fibonacci levels.
ZcashZEC/USD shows us the strong demand and support zone at 140-180$. Forming several figures(falling wedge, pennant). Wait for breakout and growth up from the demand. Indicators show us possible rise up in the near future(1-2 weeks). Long-term deal - near 4 months for reaching all goals. All calculation base on active trading zones, and Fibo's levels.
Targets
235$ (main)
290$ (perspective)
380$ (perspective)