An ascending channel is almost finished, BCH/USD expects an active move to confirm a breakdown.
In case if price breaks out, the resulting move could predict a further move down.
BCH/USD turns bearish to the 131 zone on a breakout of the ascending channel.
Bitcoin Cash: Descending Channel
BCH/USD,
4 hours
LONG
Oct 19
Bchusd develops a descending channel.
A descending channel is believed to be a technical bullish price action signal that can be used to spot extending an uptrend once price breaks out to the the upside.
There is a possibility of a further move towards 500 on a breach of 480.
Bitcoin Cash: Rectangle
BCH/USD,
1 hour
SHORT
Oct 16
There is a rectangle poping up, bchusd lacks a further active move as proof of a breakout.
A rectangle denotes a compelling chart formation that typically predicts the bulls have run out of steam when price breaks through the support.
It is not ruled out that a move to the 515 zone will be made amid rising bets for the move.
Bitcoin Cash: Rising Wedge
BCH/USD,
1 hour
SHORT
Oct 6
Bchusd sets up a rising wedge.
Once price breaks down, the resulting move could spot a tendency to break in the opposite direction.
A bearish push down towards 600 is probable.
Bitcoin Cash: Pennant
BCH/USD,
1 hour
SHORT
Sep 21
There is a pennant noticed and the price is close to breaking out.
A pennant identifies a useful price signal that can be used to indicate the more likely potential of falling prices if price breaks down.
Extra downside to the 594 mark is about to happen on a breach of 596.
Bitcoin Cash: Pennant
BCH/USD,
1 day
SHORT
Nov 7
There is a pennant forming and the price wants a more move as an information of a breakout.
A pennant typically spots a further move down if price breakdown occurs.
Bchusd to increase bearish potential towards 460.
Bitcoin Cash: Descending Channel
BCH/USD,
1 hour
LONG
2 days ago
We can see that the price sets up a descending channel, the price wants a further bullish action to confirm a breakout.
In case if price breaks above resistance, the move could signal a bullish move.
There is a possibility of a bullish continuation towards the 530 zone.
Bitcoin Cash: Descending Triangle
BCH/USD,
1 hour
SHORT
May 8
As we can see a descending triangle pops up and the price calls for a more steady move to confirm descending triangle breakout.
If price breaks out, the move could signal that the price to go short.
BCH/USD to prolong the corrective phase to the 115.5 zone on impulse below 115.8 as upside pressure mitigates.
Bitcoin Cash: Bullish Flag
BCH/USD,
4 hours
LONG
6 days ago
There is a bullish flag turning up, the price is ready to break out now.
A bullish flag is said to depict a technical price formation that has a downward slope that typically predicts a bullish price action in case if price breaks through the resistance.
Bchusd to extend its advance towards 550.
Bitcoin Cash: Rectangle
BCH/USD,
1 hour
SHORT
Mar 27
There is a rectangle exposed, BCH/USD requests a more active bearish move for clear breakout confirmation.
A rectangle represents a technical bearish formation that is used to spot extending an downtrend once price breaks down.
BCH/USD to head towards 123 on a breach of 123.6.
Bitcoin Cash: Bearish Flag
BCH/USD,
1 day
SHORT
May 25
Bitcoin Cash: Bearish Flag
BCH/USD,
1 day
SHORT
May 25
A bearish flag is very close to being finished and the price is about to break out.
If price breaks out, the move could spot the more likely potential of falling prices.
It is not ruled out that a bearish run to 110 will form on a breakout of the bearish flag.
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Bitcoin Cash · BCH/USD