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Bitcoin Cash · BCH/USD

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Bitcoin Cash: Rising Wedge

BCH/USD, 1 hour    SHORT Jun 4
There is a rising wedge distinguished, the price calls for a next move for clear breakdown confirmation. A rising wedge denotes a compelling price action pattern that is angled up that is used to signal a bearish price move when price breaks out to the the downside. A further bearish continuation to the 116 level is on the way as upside pressure mitigates.
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Bitcoin Cash: Descending Channel

BCH/USD, 1 hour    LONG Apr 25
It seems like a descending channel has been exposed. A descending channel provides a compelling signal that typically identifies that the price will rally further in case if price breaks out. BCH/USD to enjoy a considerable gain towards 121 on a breakout of the descending channel.
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Bitcoin Cash: Descending Channel

BCH/USD, 1 hour    LONG Apr 9
BCH/USD composes a descending channel and the price is breaking out. A descending channel provides a bullish chart formation that is angled down that can be used to indicate the more likely potential of rising prices in case if price breaks out. There is a probability of a bullish continuation to the 125 mark on a breach of 124.6 as bullish momentum increases.
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Bitcoin Cash: Bullish Flag

BCH/USD, 1 hour    LONG Apr 12
A bullish flag is close to being complete. If price breaks through the resistance, the move could signal reversals in downtrends. A bullish move towards 129 looks possible as indicators turn bullish.
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Bitcoin Cash: Bearish Flag

BCH/USD, 1 hour    SHORT Apr 5
The price builds a bearish flag and BCH/USD calls for a steady move as a verification of a breakout. A bearish flag suggests a useful bearish indicator that predicts a pause in an uptrending market in case if price breaks out. It is not ruled out that a bearish push down to 127 will take place.
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Bitcoin Cash: Ascending Channel

BCH/USD, 1 hour    SHORT Mar 7
We can see that an ascending channel takes place and the price breaks out soon. If price breaks out, the move could spot a potential reversal in price action. BCH/USD could drop towards the 123 level.
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Bitcoin Cash: Bearish Flag

BCH/USD, 1 hour    SHORT Jun 9
A bearish flag is almost completed. A bearish flag typically predicts price heading to a new direction when price breaks down. There is a possibility of a bearish push down towards the 111 level.
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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.
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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.
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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.
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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.
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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.
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