BchI was flipping bearish. Still not sure how it’ll play out. Only becuase of flat bottom and I’ve seen this chop break down in the past. I don’t want to be faked out again. It is testing resiatnce now.
BCHUSD.P trade ideas
MY MINIMALIST CHART ANALYSIS FOR $BCH$BCH- TRON ON A DAILY CHART
5.8.21 0346H +8 PACIFIC
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
Note:
This is not a piece of financial advice.
I am a student and this just a practice.
Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.
Postings most of the time is delayed as it
takes time for me to finish on several
analysis of assets.
Updates will be posted religiously if time
permits.
BchBe cautious. Hidden Bearish divergents on daily. Daily MACd cross rolling over. We may lose this 1222 support I’ve been talking about. Low target eithe 1085 or 1100. In flipping bearish since we have been rejected so often by this 1600$ level. Losing buying pressure. I’d be cautious over the next week or so...
Bch!Backtestinf breskout. Let’s see if it holds as new support !!! Need to stay above as low as 1420 in my opinion to confirm
BTC Cash Greetings Traders this is my Analysis for BCHUSD and it is Long.
On the chart we can see that the price after the downtrend near the Support Line has experienced a pattern of Strengh and it started a Uptrend Movement.
We should have about two targets to obtain on the chart.
It has started to accumulate for a future Uptrend Movement.
Traders please make your own analysis before trading.
Please Leave a Like,Comment and Follow!
Thank you!
Bitcoin Cash broke nearest resistance (1450.00)Price is testing this level as support now. I'm waiting that BCH can pull back and start growing. If this will happen, we will have good signal to open new long position. I think that price can reach next good level (1620.00) or even go higher.
BchLet’s see if we can finally put an end to this consolidation. Watch for confirmation hold above 1430 or if you want to be 1000% sure look for break and hold above 1487
BITCOIN CASH NEXT TARGETExpect bch to consolidate or take a little correction before continuation to the up side.
BchStill trading sideways. Low volume. Didn’t get that big of a pop or bounce as I was expecting to get off the 1276 level. If we lose that support and can’t bounce off 1222 which I don’t think will be that significant overall, breakdown target is 1062 with expextions our longer term mean trendline that we had been flowing before the rip is around 1100
Bitcoin Cash pattern prediction !!it will consolidate for couple of days. followed by short term drop, to finally shut up for a new all time high.
