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Bitcoin Cash · BCH/USD

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Bitcoin Cash: Ascending Channel

BCH/USD, 1 hour    SHORT Mar 30
As we can see an ascending channel happens, the price is close to breaking out now. An ascending channel is a reliable price signal that signals the bulls have run out of steam when price breaks down. BCH/USD could recede to 122 on a breakdown of the ascending channel.

Bitcoin Cash: Rectangle

BCH/USD, 1 hour    LONG Mar 12
A rectangle has been identified, BCH/USD demands a more bigger move for clear breakout confirmation. A rectangle represents a reliable chart indicator that often indicates an extension in the upward direction when price breaks out to the the upside. There is a chance of a move towards the 115 zone as downside pressure seen easing.

Bitcoin Cash: Descending Channel

BCH/USD, 1 hour    LONG Oct 21
We can see that a descending channel is determined and bchusd requires a next bigger move as proof of a breakout. A descending channel indicates that the price to go up when price breaks out. It is not ruled out that a bullish continuation to the 480 zone will take place on a breach of 478 as minor hurdle remains at 478.

Bitcoin Cash: Pennant

BCH/USD, 1 hour    LONG Apr 12
There is a pennant poping up, BCH/USD wants a more bigger move as evidence of a breakout. Once price breaks out to the the upside, the resulting move could indicate a move up. A rangebound towards the 130 zone is going to happen.

Bitcoin Cash: Descending Channel

BCH/USD, 4 hours    LONG Mar 11
There is a descending channel revealed, BCH/USD needs a next steady bullish impulse as an indication of a breakout. A descending channel is a price action indicator that can be used to predict that the price to go long once price breaks out. A further bullish move towards 115 is probable on a breach of 112 as minor hurdle remains at 112.

Bitcoin Cash: Pennant

BCH/USD, 1 hour    LONG May 17
There is a pennant taking place. If price breaks out to the the upside, the resulting move could identify that the price to go long. There is a possibility of a move to 118 as bulls looking for profit.

Bitcoin Cash: Pennant

BCH/USD, 1 day    LONG Sep 4

Bitcoin Cash: Ascending Channel

BCH/USD, 1 hour    SHORT May 23
An ascending channel has been exposed and the price is ready to break out. An ascending channel identifies a specific formation that typically identifies extending an downtrend once price breaks out to the the downside. BCH/USD risks extra downside towards 115.

Bitcoin Cash: Rectangle

BCH/USD, 1 hour    LONG Apr 16
There is a rectangle developing. A rectangle can be thought of as a useful bullish signal that is used to indicate a bullish price move once price breaks out. It is not ruled out that a bullish push up to the 133.5 mark will form while above 133 as BCH/USD challenges 133 hurdle.

Bitcoin Cash: Descending Triangle

BCH/USD, 1 hour    LONG Nov 24
It looks like bchusd establishes a descending triangle. A descending triangle denotes a compelling bullish price action indicator that is used to identify that the price will rally further in case if price breaks through the resistance. Bchusd challenges a move to the 560 zone once above 554.

Bitcoin Cash: Ascending Channel

BCH/USD, 1 hour    SHORT Apr 2
There is an ascending channel recognized. An ascending channel typically spots that the price to go short once price breaks out to the the downside. BCH/USD to suffer further downside towards the 124 zone once below 125.

Bitcoin Cash: Descending Channel

BCH/USD, 1 hour    LONG Nov 26
Bchusd composes a descending channel and the price expects a more bigger move to confirm descending channel breakout. A descending channel often predicts extending an uptrend once price breaks out. Bchusd tests a move towards 540 once beyond 528.
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