There's a bullish pennant that's ready to complete on the daily. There are some nice bullish confluences: Strong weekly ascending channel 50 EMA is above the 200 and the 50 has been acting as support No bearish divergence on the ultimate oscillator Looks like the monthly pivot is being tested for support I'd like to see a bullish T/K cross with...
Spotted some hidden bullish divergence with the ultimate oscillator. Based on previous swings it's not unlikely for price to reach up and touch the R1 monthly pivot as seen last week. The fib retracement of the last swing is also shown. It could also just go the other way ¯\_( $ )_/¯.
The ultimate oscillator is showing a little bullish divergence and we should be hitting support around $785-$800. Do keep in mind things have been on the way down since mid January. It could also just go the other way ¯\_( $ )_/¯.
With such a clear downtrend on the BCH daily chart, it's hard to be a bull. It could also just go the other way ¯\_( $ )_/¯.
Checkout this rising wedge on the BCHUSD 4H chart. The increased volume during the previous three periods is interesting too. Rising wedges are expected to fall. It could also just go the other way ¯\_( $ )_/¯.
There's a bullish edge-to-edge cloud trade setup on the daily chart. The other side of the cloud is also the 50% fib retracement of the last major move down between mid December to the beginning of February. It could also just go the other way ¯\_( $ )_/¯.
There's a bullish edge-to-edge cloud trade setup on the 4H. A flat kumo cloud is a magnet. It could also just go the other way ¯\_( $ )_/¯.
It looks like price could break out of the cloud on the 4H chart. I'd would like to see price and lagging span above the peak of the cloud. And it should be noted that we don't have a bullish future kumo cloud yet. The ultimate oscillator is showing some hidden bullish divergence. Though I'd like to see price break above the 50 line first. It could also just go...
An inverse head and shoulder pattern is almost complete. If followed through, we could be looking at a target of around $18k. The volume profile is messy, though each major movement does have a decreasing volume trend. Also shown are two fib retracements. One from all time high in mid December through the big dipper ending in the beginning of February. The second...