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Bitcoin Cash · BCH/USD

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Bitcoin Cash: Rectangle

BCH/USD, 1 hour    SHORT Nov 25
We can see that a rectangle is close to being complete and the price requires a next bigger correction as an information of a breakout. A rectangle is said to depict a reliable signal that can be used to predict extending an downtrend when price breakdown occurs. It is possible that a bearish continuation towards the 535 level will occur once below 538 as bears looking for profit.
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Bitcoin Cash: Ascending Channel

BCH/USD, 1 hour    SHORT May 3
We can see that an ascending channel has been revealed and BCH/USD lacks a steady move as proof of a breakout. An ascending channel suggests a useful bearish signal that is used to predict a sharp decline when price breakdown occurs. A move to 118 is possible as BCH/USD nears 119.2 hurdle.
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Bitcoin Cash: Descending Channel

BCH/USD, 4 hours    LONG Nov 17
There is a descending channel spotted and the price is about to break out. A descending channel typically signals a bullish price action if price breaks above resistance. Bchusd to extend its rebound to the 500 level on a breakout of the descending channel.
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Bitcoin Cash: Ascending Triangle

BCH/USD, 1 hour    SHORT Mar 26
An ascending triangle turns up and BCH/USD demands an active impulse down for clear breakout confirmation. If price breaks below support, the resulting move could indicate prices are likely to keep falling downward. A further bearish run to the 123 level looks possible as the cryptocurrency becomes offered.
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Bitcoin Cash: Pennant

BCH/USD, 1 hour    LONG Oct 2
A pennant develops. A pennant is believed to be a technical price action indicator that is used to signal extending an uptrend if price breaks above resistance. Bchusd to turn bullish to the 594 level once above 593 as door open for the continuation of the uptrend.
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Bitcoin Cash: Ascending Triangle

BCH/USD, 1 hour    SHORT May 7
There is an ascending triangle noticed and the price needs an active move as evidence of a breakout. An ascending triangle typically results in that the price to go down if price breaks through the support. BCH/USD challenges a move towards the 116.5 level on a break below 117.
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Bitcoin Cash: Rectangle

BCH/USD, 1 hour    LONG Jun 4
It looks like a rectangle comes out. A rectangle provides a bullish formation that typically results in a bullish price move when price breaks through the resistance. There is a chance of a bullish move towards the 115.4 zone.
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Bitcoin Cash: Descending Triangle

BCH/USD, 1 hour    LONG Mar 16
A descending triangle has been recognized and the price breaks out soon. A descending triangle typically indicates the bears have run out of steam in case if price breaks above resistance. BCH/USD to accomodate towards 128 once beyond 126 as BCH/USD becomes bid.
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Bitcoin Cash: Falling Wedge

BCH/USD, 1 hour    LONG 5 days ago
There is a falling wedge materializing, bchusd asks for further steady rise as proof of a breakout. When price breaks out to the the upside, the move could identify a further move up. It is likely that a rangebound towards 530 will take place on a breakout of the falling wedge as the cryptocurrency probes 526 hurdle.
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Bitcoin Cash: Rising Wedge

BCH/USD, 4 hours    SHORT Jun 19
There is a rising wedge poping up. A rising wedge denotes a technical price action indicator that results in a break in the price direction in case if price breaks out to the the downside. BCH/USD turns bearish to 106.
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Bitcoin Cash: Bearish Flag

BCH/USD, 1 hour    SHORT Apr 23
There is a bearish flag emerging, the price is ready to break out. A bearish flag often results in a bearish move once price breaks out. It is possible that a bearish run towards 121 will occur on a breach of 122.
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Bitcoin Cash: Pennant

BCH/USD, 1 hour    SHORT Apr 24
It looks like a pennant is close to being complete and the price is breaking out. A pennant often predicts a bearish move if price breakdown occurs. BCH/USD targets a move to 119 as the cryptocurrency becomes offered.
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