There is an ascending channel arising, the price asks for a steady impulse down to confirm ascending channel breakout.
Once price breaks through the support, the resulting move could predict a bearish move.
It is possible that a bearish move to 490 will take place.
Bitcoin Cash: Rising Wedge
BCH/USD,
4 hours
SHORT
Nov 11
It looks like a rising wedge is distinguished and the price is ready to break out now.
When price breakdown occurs, the move could predict a bearish move.
It is possible that a rangebound towards 500 will form.
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: Falling Wedge
BCH/USD,
1 hour
LONG
Oct 9
There is a falling wedge happening and bchusd expects a more active impulse up as proof of a breakout.
If price breaks out to the the upside, the move could predict that the price to go long.
Bchusd aims to complete a retracement towards the 580 zone.
Bitcoin Cash: Descending Channel
BCH/USD,
1 day
LONG
Jun 14
Bitcoin Cash: Bearish Flag
BCH/USD,
1 hour
SHORT
Oct 9
The price shows a bearish flag.
A bearish flag typically identifies a breakdown is likely to occur in case if price breaks out to the the downside.
It is likely that a bearish continuation to 578 will occur amid rising bets for the move.
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
Oct 10
There is an ascending channel forming and the price is close to breaking out.
An ascending channel depicts a compelling signal that can be used to identify a tendency to break in the opposite direction when price breaks out.
Bchusd targets a move towards the 570 zone as risk reversal sheds bullish bias.
Bitcoin Cash: Rising Wedge
BCH/USD,
4 hours
SHORT
Oct 16
A rising wedge pops up, the price is going to break out.
Once price collapses through the support line, the move could predict that the price to go short.
Bchusd to maintain its negative tone towards the 510 zone on a breach of 520 as outlook for bchusd stays negative.
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.
Bitcoin Cash: Ascending Channel
BCH/USD,
1 hour
SHORT
32 hours ago
The price establishes an ascending channel.
An ascending channel often results in a bearish move once price breakdown occurs.
Extra downside to the 580 level is about to happen on impulse below 600 as extra rangebound not ruled out.
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