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.
Bitcoin Cash: Bearish Flag
BCH/USD,
1 hour
SHORT
Jun 11
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.
Bitcoin Cash: Falling Wedge
BCH/USD,
4 hours
LONG
Apr 26
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.
Bitcoin Cash: Descending Channel
BCH/USD,
1 hour
LONG
May 12
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.
Bitcoin Cash: Descending Triangle
BCH/USD,
1 hour
LONG
Apr 15
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.
Bitcoin Cash: Descending Triangle
BCH/USD,
1 hour
SHORT
May 31
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.
Bitcoin Cash: Falling Wedge
BCH/USD,
1 hour
LONG
Apr 17
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.
Bitcoin Cash: Bearish Flag
BCH/USD,
4 hours
SHORT
May 17
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.
Bitcoin Cash: Pennant
BCH/USD,
1 hour
LONG
May 26
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.
Bitcoin Cash: Symmetrical Triangle
BCH/USD,
1 hour
SHORT
Apr 7
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.
Bitcoin Cash: Bearish Flag
BCH/USD,
4 hours
SHORT
May 30
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.
Bitcoin Cash: Rectangle
BCH/USD,
1 day
SHORT
Apr 22
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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