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Bitcoin Cash · BCH/USD

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Bitcoin Cash: Descending Channel

BCH/USD, 1 hour    LONG 4 days ago
There is a descending channel appearing and the price is breaking out. A descending channel spots that the price to go up when price breaks out to the the upside. It is possible that a bullish run towards the 530 mark will occur.

Bitcoin Cash: Ascending Channel

BCH/USD, 4 hours    SHORT Nov 19
An ascending channel is identified. An ascending channel suggests an indicator that results in an upward trend is about to reverse into an downward trend in case if price breaks down. A bearish price action towards the 470 zone about to be made as bchusd becomes weaker.

Bitcoin Cash: Descending Triangle

BCH/USD, 1 hour    LONG Mar 31
There is a descending triangle emerging. A descending triangle typically indicates a sharp rise once price breaks out. There is a chance of a bullish run towards 123.

Bitcoin Cash: Pennant

BCH/USD, 1 hour    SHORT May 24
There is a pennant found, BCH/USD calls for a move as a sign of a breakout. When price breakdown occurs, the move could identify a further move down. There is a possibility of corrective downside towards 115.

Bitcoin Cash: Pennant

BCH/USD, 1 hour    LONG Mar 28
There is a pennant exposed and BCH/USD requests a move as proof of a breakout. In case if price breaks through the resistance, the resulting move could signal a next move up. BCH/USD to extend its rebound towards 122 on a break above 121.5.

Bitcoin Cash: Descending Channel

BCH/USD, 1 hour    LONG Jun 1
There is a descending channel noticed, the price is close to breaking out now. A descending channel can be thought of as a useful bullish chart indicator that spots that the price to go up in case if price breaks out. BCH/USD to continue higher towards the 113.5 mark.

Bitcoin Cash: Descending Triangle

BCH/USD, 4 hours    LONG Mar 31
It seems like a descending triangle has been spotted. A descending triangle is believed to be a compelling bullish price action formation that is used to indicate an extension in the upward direction if price breaks out to the the upside. A bullish price action to 126 is likely to happen on a breakout of the descending triangle.

Bitcoin Cash: Rising Wedge

BCH/USD, 4 hours    SHORT Mar 20
There is a rising wedge materializing. A rising wedge typically indicates extending an downtrend if price breaks out. BCH/USD risks extending drop towards 130 on a breakdown of the rising wedge.

Bitcoin Cash: Ascending Channel

BCH/USD, 4 hours    SHORT Oct 4
As we can see an ascending channel appears and the price is about to break out. An ascending channel typically results in a further move down once price breaks out. Bchusd set to accelerate its decline towards the 580 mark on a breakout of the ascending channel.

Bitcoin Cash: Ascending Channel

BCH/USD, 1 hour    SHORT Mar 20
As we can see the price completes an ascending channel, the price calls for an active move as proof of a breakout. An ascending channel predicts the more likely potential of falling prices in case if price breaks down. It is not ruled out that decline towards the 132 mark will be made.

Bitcoin Cash: Rectangle

BCH/USD, 1 hour    SHORT May 21
A rectangle has been found and the price is about to break out soon. A rectangle is a useful chart indicator that is used to identify a bearish move in case if price breaks out. BCH/USD is bearish and en route to 114.5 on a breakdown of the rectangle as minor hurdle remains at 114.7.

Bitcoin Cash: Descending Channel

BCH/USD, 1 hour    LONG Mar 31
A descending channel develops, the price breaks out. A descending channel tends to be a bullish chart indicator that is used to indicate a break in the price direction when price breaks through the resistance. A further bullish run to 123 looks probable on a break above 122.
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