BCHThis chart is meant to analysis BCH/ETH pairs and how historically the sell off occurred & continues. I am speculating a mean reversal soon based off EW & fib retracement levels.
Also personally I know that when BTC finally takes off for $70k plus BCH will be turbo charged and can gain momentum aga
Potential path that BCH / EUR takes. No trade taken herePotential path that BCH / EUR follows, taking into account recent support / resistance levels, massive sell-off on the RSI and big engulfing Bearish candles. Will be interesting to see how this plays out. if 1.32 level gets taken, expect a large drop.
BCH/ETH will be pumped soon!With a Bitcoin coin showing good flow, the circulation pumping of the major Altcoin will come.
For the first time, BCH will rise first.
The BCH/ETH chart keeps 15d MA and will rise to 1.45~1.5 ETH (200d MA) and then drop.
When BCH/ETH goes down for a while, ETH will be pumped.
There is a possibility for the beginning of an uptrend in BCHETHTechnical analysis:
. BitcoinCash(ABC)/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish w
Unusual pair, interesting momentI think, that current movement from Feb 18 is finishing. That move from 12 Nov 17 to Feb 18 must have a continuation somewhere to price 1, as I marked.
The point is:
- if cryptomarket will grow, ETH will grow faster than BCH
- if cryptomarket will fall, BCH will be falling faster than ETH
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