Bitcoin Cash can’t break the downtrend Eventually came down. Even some time ago, the support line now acts as a resistance line. In this situation, if the trading https://beaxy.com/ volume explodes, the future price of BCH will be considerably worse. BCH not looking likely to break trend from recent high and facing key resistance at .154.
- BCH not looking likely to break trend from recent high and facing key resistance at .154.
- Even some time ago, the support line now acts as a resistance line.
- Fast descending trend line was broken at .124 where we bounced off of strong support.
- Bitcoin Cash can’t break the downtrend Eventually came down.
- In this situation, if the trading volume explodes, the future price of BCH will be considerably worse.
- However, I suspect that we stay under the downwards trend and head towards support at the bottom of the channel, likely retesting .124 again.
Latest Bchbtc Messages
I think it will break support and fall over triggering huge dump on prices of BCH. bch chart update most possibility bounce back from 1 no. support also bch make spining top candel in 1 week chart frame. Bitcoin Trading in 9.2k to 10K from past few Days, BCH have halving in 45 Days. If btc pump all its babies will follow Binance blocks Users it and i’m super bullish on that. This is a descending wedge with a 50% decline in price. Potential short position on 1H BCH/BTC Chart, based upon S/R Levels, number of retests and 25MA/99MA cross. Price has already had time to react from the 7MA/99MA cross on the 1H and now expecting a reaction from the 25MA/99MA cross.
Fast descending trend line was broken at .124 where we bounced off of strong support. However, I suspect that we stay under the downwards trend bchbtc and head towards support at the bottom of the channel, likely retesting .124 again. from there you may go long .for target please follow me.
Technical Analysis
As we know falling wedge is a bullish pattern but market condition is not good but you can trade according to per market breakout and can book decent profit. Technical analysis gauges display bchbtc real-time ratings for the selected timeframes. The summary for Bitcoin Cash / Bitcoin is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Bitcoin Cash
Bchbtc Historical
CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. When the price hits the target price, an alert will be sent to you via browser notification. To receive alerts, please allow web browser notification bchbtc permission. BCH/BTC dropped significantly today and could inalidate the breakout above the upper median line of the descending pitchfork. Price has found a very strong resistance at the 50% Fibonacci line of the ascending pitchfork. A failure to close above this line could signal that the rebound is completed and the price could start another leg lower soon.
I suggest you keep this pair on your watchlist and https://www.binance.com/ see if the rules of your strategy are satisfied.