A rectangle occurs and bchusd needs further push down as an information of a breakout.
Once price breaks down, the resulting move could spot a further move down.
There is a possibility of a bearish push down to 480.
Bitcoin Cash: Descending Channel
BCH/USD,
1 hour
LONG
May 22
A descending channel has been determined and the price is ready to break out.
When price breaks through the resistance, the move could spot a break during a downtrending market.
BCH/USD embarks on a bullish correction towards 116 on impulse above 115 as bulls seeking a new high.
Bitcoin Cash: Ascending Channel
BCH/USD,
1 hour
SHORT
Jun 19
It seems like an ascending channel is spotted and the price calls for a more steady move as evidence of a breakout.
An ascending channel typically spots a bearish price action when price breaks down.
It is not ruled out that a bearish push down towards 106 will take place on a break below 106.2 as door open for a test of 106.
Bitcoin Cash: Ascending Channel
BCH/USD,
1 day
SHORT
Oct 11
An ascending channel is almost completed, bchusd wants a steady bearish move for clear breakout confirmation.
An ascending channel is believed to be a bearish signal that often indicates prices are likely to keep falling downward if price breaks below support.
Bchusd opens door for a move towards the 520 level on a break below 535.
Bitcoin Cash: Bearish Flag
BCH/USD,
1 hour
SHORT
Apr 5
The price builds a bearish flag and BCH/USD calls for a steady move as a verification of a breakout.
A bearish flag suggests a useful bearish indicator that predicts a pause in an uptrending market in case if price breaks out.
It is not ruled out that a bearish push down to 127 will take place.
Bitcoin Cash: Descending Channel
BCH/USD,
1 hour
LONG
Apr 25
It seems like a descending channel has been exposed.
A descending channel provides a compelling signal that typically identifies that the price will rally further in case if price breaks out.
BCH/USD to enjoy a considerable gain towards 121 on a breakout of the descending channel.
Bitcoin Cash: Descending Channel
BCH/USD,
1 hour
LONG
Apr 9
BCH/USD composes a descending channel and the price is breaking out.
A descending channel provides a bullish chart formation that is angled down that can be used to indicate the more likely potential of rising prices in case if price breaks out.
There is a probability of a bullish continuation to the 125 mark on a breach of 124.6 as bullish momentum increases.
Bitcoin Cash: Bullish Flag
BCH/USD,
1 hour
LONG
Apr 12
A bullish flag is close to being complete.
If price breaks through the resistance, the move could signal reversals in downtrends.
A bullish move towards 129 looks possible as indicators turn bullish.
Bitcoin Cash: Rising Wedge
BCH/USD,
1 hour
SHORT
Jun 4
There is a rising wedge distinguished, the price calls for a next move for clear breakdown confirmation.
A rising wedge denotes a compelling price action pattern that is angled up that is used to signal a bearish price move when price breaks out to the the downside.
A further bearish continuation to the 116 level is on the way as upside pressure mitigates.
Bitcoin Cash: Ascending Channel
BCH/USD,
1 hour
SHORT
6 days ago
It seems like an ascending channel has been observed.
An ascending channel suggests a technical bearish signal that is used to signal that the price to go short in case if price breaks below support.
Bchusd to continue lower to 535 once below 540.
Bitcoin Cash: Ascending Channel
BCH/USD,
1 hour
SHORT
Mar 7
We can see that an ascending channel takes place and the price breaks out soon.
If price breaks out, the move could spot a potential reversal in price action.
BCH/USD could drop towards the 123 level.
Bitcoin Cash: Descending Channel
BCH/USD,
1 hour
LONG
4 days ago
There is a descending channel appearing and the price is breaking out.
A descending channel spots that the price to go up when price breaks out to the the upside.
It is possible that a bullish run towards the 530 mark will occur.
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