It seems like a descending channel is revealed and BCH/USD lacks a next bigger bullish move to confirm descending channel breakout.
Once price breaks through the resistance, the move could spot that the price to go up.
BCH/USD to head towards the 107 zone on a breach of 106.8 as bulls seeking a new high.
Bitcoin Cash: Canal Descendant
BCH/USD,
1 heure
LONG
Jui 20
A descending channel is nearing completion and the price is close to breaking out now.
When price breaks above resistance, the resulting move could indicate a next move up.
BCH/USD does not rule out a move to 107 on a breakout of the descending channel as the wind continues blowing in favor of BCH/USD.
Bitcoin Cash: Triangle Descendant
BCH/USD,
4 heures
LONG
Il y a 4 jours
A descending triangle develops and bchusd needs more active push up for the certainty of breakout.
A descending triangle is believed to be a reliable formation that typically spots a bullish price action if price breaks above resistance.
Bchusd to strengthen towards 560.
Bitcoin Cash: Fanion
BCH/USD,
1 jour
LONG
Nov 19
The price builds a pennant and bchusd lacks a next steady impulse up as a clue of a breakout.
In case if price breaks above resistance, the move could predict a next move up.
It is likely that a rangebound towards 540 will happen on impulse above 525.
Bitcoin Cash: Canal Descendant
BCH/USD,
1 heure
LONG
Jui 19
BCH/USD sets up a descending channel, BCH/USD lacks a strong bullish action for clear breakout confirmation.
Once price breaks above resistance, the resulting move could predict a break in the price direction.
BCH/USD to increase bullish potential towards the 107 mark amid the cryptocurrency reclaims part of the ground lost.
Bitcoin Cash: Rectangle
BCH/USD,
1 heure
SHORT
Oct 10
There is a rectangle spotted, the price is ready to break out.
If price breaks out, the move could indicate the bulls have run out of steam.
Bchusd does not rule out a move to 565.
Bitcoin Cash: Canal Descendant
BCH/USD,
4 heures
LONG
Nov 18
It seems like a descending channel is almost done and bchusd requires a more impulse up as evidence of a breakout.
A descending channel depicts a specific indicator that typically identifies a change in the prevailing trend once price breaks out to the the upside.
Bchusd now looks to the 510 zone.
Bitcoin Cash: Canal Descendant
BCH/USD,
4 heures
LONG
Il y a 2 jours
There is a descending channel identified, the price needs a bit more consolidation as proof of a breakout.
A descending channel is a price action indicator that can be used to indicate a further move up if price breaks out to the the upside.
It is possible that a bullish push up to 560 will take place as the wind continues blowing in favor of bchusd.
Bitcoin Cash: Canal Descendant
BCH/USD,
1 heure
LONG
Sep 30
We can see that the price establishes a descending channel, the price is close to breaking out soon.
Once price breaks out, the resulting move could spot the bears have run out of steam.
Bchusd to recover bullish potential to the 558 zone on a breakout of the descending channel as bulls lurking in demand zone.
Bitcoin Cash: Canal Ascendant
BCH/USD,
1 heure
SHORT
Oct 7
There is an ascending channel appearing.
An ascending channel denotes a reliable chart pattern with an upward bias that often signals a next move down if price breakdown occurs.
There is a chance of a further bearish continuation to 594 on a breach of 595.5.
Bitcoin Cash: Rectangle Baissier
BCH/USD,
1 jour
SHORT
Jui 6
Bitcoin Cash: Rectangle Baissier
BCH/USD,
1 jour
SHORT
Jui 6
BCH/USD establishes a bearish rectangle and the price needs a strong move as an information of a breakout.
If price collapses through the support line, the move could predict that the price to go short.
It is possible that a bearish run to the 105 level will take place as the cryptocurrency loses bullish momentum.
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Bitcoin Cash · BCH/USD