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Bitcoin Cash · BCH/USD

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Bitcoin Cash: Falling Wedge

BCH/USD, 1 hour    LONG May 5
412:00 512:00116.0116.5117.0117.5118.0118.5119.0119.5120.0120.5121.0↓ resistance ↓↑ support ↑breakoutBCH/USD · 1H · 5 May 2023
A falling wedge occurs, the price is about to break out now. A falling wedge depicts a useful price action pattern that is angled down that predicts a tendency to break in the opposite direction when price breaks out. There is a possibility of a further bullish price action towards 119.
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Bitcoin Cash: Bearish Flag

BCH/USD, 1 hour    SHORT Jun 11
1012:001112:001296979899100101102103104105106107108109110111112113114↓ resistance ↓↑ support ↑breakoutBCH/USD · 1H · 11 Jun 2023
There is a bearish flag appearing and the price is going to break out. A bearish flag predicts price heading to a new direction if price breaks down. BCH/USD hints a change to the downside towards 101 as BCH/USD probes 102 hurdle.
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Bitcoin Cash: Falling Wedge

BCH/USD, 4 hours    LONG Apr 26
17181920212223242526114116118120122124126128130132134136↓ resistance ↓↑ support ↑breakoutBCH/USD · 4H · 26 Apr 2023
A falling wedge has been distinguished. A falling wedge can be thought of as a reliable bullish price formation that is angled down that often indicates a downward trend is nearing its end once price breaks out. A bullish run to 122 is on the cards once above 120 as uptrend may continue.
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Bitcoin Cash: Descending Channel

BCH/USD, 1 hour    LONG May 12
12:001112:001212:00110111112113114115116117118119120121122123124↓ resistance ↓↑ support ↑breakoutBCH/USD · 1H · 12 May 2023
There is a descending channel revealed, BCH/USD calls for a further bullish continuation as a verification of a breakout. A descending channel often indicates a bullish price move in case if price breaks out to the the upside. BCH/USD challenges a move towards 115 once above 115.
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Bitcoin Cash: Descending Triangle

BCH/USD, 1 hour    LONG Apr 15
1412:001512:0016128.5129.0129.5130.0130.5131.0131.5132.0132.5133.0133.5134.0134.5↓ resistance ↓↑ support ↑breakoutBCH/USD · 1H · 15 Apr 2023
There is a descending triangle poping up, the price requests active rise as a signal of a breakout. A descending triangle identifies a further move up if price breaks above resistance. BCH/USD pushes higher to the 134 level on a breakout of the descending triangle.
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Bitcoin Cash: Falling Wedge

BCH/USD, 1 hour    LONG Apr 17
12:001712:0018130.0130.5131.0131.5132.0132.5133.0133.5134.0134.5135.0135.5136.0136.5137.0137.5138.0138.5139.0↓ resistance ↓↑ support ↑breakoutBCH/USD · 1H · 17 Apr 2023
There is a falling wedge noticed. A falling wedge denotes a useful bullish signal that spots the more likely potential of rising prices once price breaks through the resistance. It is possible that a bullish push up to 132 will happen on a breach of 131.4.
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Bitcoin Cash: Descending Triangle

BCH/USD, 1 hour    SHORT May 31
2912:003012:003112:00112.0112.5113.0113.5114.0114.5115.0115.5116.0116.5117.0117.5↓ resistance ↓↑ support ↑breakoutBCH/USD · 1H · 31 May 2023
As we can see a descending triangle is uncovered, BCH/USD expects pullback as proof of a breakout. If price breaks out, the move could identify a next move down. BCH/USD accelerates losses towards 114 once below 114 as weakness continues.
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Bitcoin Cash: Bearish Flag

BCH/USD, 4 hours    SHORT May 17
101112131415161718110111112113114115116117118119120121122123124125126↓ resistance ↓↑ support ↑breakoutBCH/USD · 4H · 17 May 2023
As we can see the price builds a bearish flag and the price is breaking out. When price collapses through the support line, the move could signal a next move down. A further rangebound to 114 is going to happen.
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Bitcoin Cash: Pennant

BCH/USD, 1 hour    LONG May 26
12:002512:002612:00109.0109.5110.0110.5111.0111.5112.0112.5113.0113.5114.0114.5115.0115.5↓ resistance ↓↑ support ↑breakoutBCH/USD · 1H · 26 May 2023
It seems like a pennant emerges and BCH/USD asks for an active move as evidence of a breakout. A pennant describes a technical price action signal that identifies a bullish price action when price breaks out to the the upside. A further rangebound towards 112.5 is about to happen.
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Bitcoin Cash: Bearish Flag

BCH/USD, 4 hours    SHORT May 30
2425262728293031Jun109.0109.5110.0110.5111.0111.5112.0112.5113.0113.5114.0114.5115.0115.5116.0116.5117.0117.5118.0↓ resistance ↓↑ support ↑breakoutBCH/USD · 4H · 30 May 2023
There is a bearish flag discovered and the price is about to break out. A bearish flag depicts a bearish formation that is used to identify an upward trend is nearing its end when price breaks down. BCH/USD points to the downside to the 114 zone as BCH/USD nears 115 hurdle.
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Bitcoin Cash: Symmetrical Triangle

BCH/USD, 1 hour    SHORT Apr 7
12:00 612:00 7123.0123.5124.0124.5125.0125.5126.0126.5127.0127.5128.0128.5129.0129.5130.0↓ resistance ↓↑ support ↑breakoutBCH/USD · 1H · 7 Apr 2023
We can see that the price completes a symmetrical triangle and the price is going to break out. A symmetrical triangle often predicts an extension in the downward direction when price breaks down. Decline towards 125 is a possibility.
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Bitcoin Cash: Rectangle

BCH/USD, 1 day    SHORT Apr 22
152025Apr 510152025106108110112114116118120122124126128130132134136138140↓ resistance ↓↑ support ↑breakoutBCH/USD · 1D · 22 Apr 2023
There is a rectangle spotted. When price breaks below support, the move could predict a further move down. A rangebound towards the 115 level is going to happen as bearish momentum increases.
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