There is an ascending channel diagnosed and the price is close to breaking out now.
An ascending channel identifies a change in the prevailing trend in case if price breaks through the support.
BCH/USD targets a move to 130 once below 131.5 as the cryptocurrency nears 131.5 hurdle.
Bitcoin Cash: Ascending Triangle
BCH/USD,
4 hours
SHORT
May 6
As we can see an ascending triangle has been recognized and BCH/USD calls for a more move as a verification of a breakout.
An ascending triangle denotes a specific price action indicator that typically predicts a move down in case if price breaks below support.
BCH/USD challenges a move to 117 on a breakout of the ascending triangle.
Bitcoin Cash: Ascending Channel
BCH/USD,
4 hours
SHORT
Apr 17
It looks like an ascending channel emerges.
An ascending channel tends to be a specific chart indicator that is used to spot a countertrend succeeding the current trend if price collapses through the support line.
There is a chance of decline to the 130 zone while lower than 132 as BCH/USD nears 132 hurdle.
Bitcoin Cash: Ascending Triangle
BCH/USD,
1 day
SHORT
Apr 20
We can see that an ascending triangle is nearing completion and the price breaks out now.
When price collapses through the support line, the resulting move could predict a further move down.
There is a probability of a bearish price action towards the 125 mark on a breach of 126.
Bitcoin Cash: Ascending Channel
BCH/USD,
1 hour
SHORT
May 21
There is an ascending channel recognized and the price is breaking out.
An ascending channel represents a technical indicator that often indicates a bearish price move once price breaks through the support.
BCH/USD turns lower to 115.
Bitcoin Cash: Ascending Triangle
BCH/USD,
1 hour
LONG
Apr 10
An ascending triangle materializes, the price is about to break out.
In case if price breaks out, the resulting move could predict a bullish price move.
A bullish run towards the 126.5 mark is on the cards on a breach of 126.1 as minor hurdle remains at 126.1.
Bitcoin Cash: Descending Triangle
BCH/USD,
1 hour
LONG
Jun 12
BCH/USD gives a descending triangle, the price is ready to break out.
In case if price breaks above resistance, the resulting move could spot a sharp rise.
BCH/USD to maintain its positive tone to 103 as the cryptocurrency probes 102 hurdle.
Bitcoin Cash: Rising Wedge
BCH/USD,
1 hour
SHORT
May 18
It looks like the price shapes a rising wedge.
A rising wedge is a technical price action signal that spots a next move down once price breaks through the support.
A bearish move towards 117 is on the cards.
Bitcoin Cash: Rising Wedge
BCH/USD,
1 hour
SHORT
Mar 29
There is a rising wedge diagnosed, the price is close to breaking out now.
A rising wedge spots extending an downtrend in case if price breaks out to the the downside.
BCH/USD to slump to 123 on a breach of 123.8.
Bitcoin Cash: Ascending Channel
BCH/USD,
1 hour
SHORT
Apr 2
There is an ascending channel materializing and the price is ready to break out soon.
An ascending channel is said to depict a useful bearish price signal that is used to identify the more likely potential of falling prices when price breakdown occurs.
A bearish run towards 124 about to be made.
Bitcoin Cash: Ascending Channel
BCH/USD,
1 hour
SHORT
Mar 7
It looks like an ascending channel takes place and the price is close to breaking out soon.
An ascending channel depicts a bearish chart formation that is angled up that identifies a countertrend succeeding the current trend if price collapses through the support line.
BCH/USD turns lower towards the 122 mark.
Bitcoin Cash: Descending Channel
BCH/USD,
1 hour
LONG
Apr 9
There is a descending channel arising.
A descending channel depicts a compelling formation that is used to spot a bullish price action if price breaks above resistance.
BCH/USD to enjoy a considerable gain to 125 once beyond 124.4 as BCH/USD challenges 124.4 hurdle.
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