Open:
High:
Low:
Close:
DESCENDING CHANNEL
Tunai Bitcoin
BCH/USD
1H
As we can see a descending channel takes place.
A descending channel tends to be a useful bullish formation with a downward bias that identifies a trend change to the upside if price breaks through the resistance.
Bchusd turns bullish towards the 355 zone once above 351 as indicators favor bulls.
FLAG BULIS
Tunai Bitcoin
BCH/USD
1H
It looks like a bullish flag arises and the price lacks a strong bullish continuation as proof of a breakout.
A bullish flag identifies a reliable bullish chart signal that often spots that prices are likely to keep rallying upward if price breaks out.
A bullish run to the 350 zone is a possibility on a breakout of the bullish flag.
FLAG BEARIS
Tunai Bitcoin
BCH/USD
1H
As we can see a bearish flag is close to being done.
Once price breaks through the support, the resulting move could spot a move down.
Bchusd to slump to 345 on a downside break as door open for the continuation of the downtrend.
PENNANT
Tunai Bitcoin
BCH/USD
1H
The price gives a pennant and the price is close to breaking out now.
A pennant describes a specific pattern that predicts an extension in the downward direction once price breaks down.
There is a chance of a bearish move towards the 350 mark once below 353.
PENNANT
Tunai Bitcoin
BCH/USD
1H
There is a pennant forming, the price demands a further bigger move as a signal of a breakdown.
A pennant represents a technical formation that can be used to identify that the price to go short once price breaks out.
A bearish push down towards 378 is on the cards on a downside break as door open for a test of 378.
PENNANT
Tunai Bitcoin
BCH/USD
1H
It seems like a pennant is revealed, the price expects a bit more consolidation as proof of a breakout.
A pennant results in a move up in case if price breaks out.
Bchusd to move up to the 382 mark.
RISING WEDGE
Tunai Bitcoin
BCH/USD
1H
A rising wedge materializes and the price needs a more strong move as a sign of a breakout.
In case if price collapses through the support line, the move could indicate a next move down.
Bchusd embarks on a bearish correction towards 378 as bchusd nears 379 hurdle.
FLAG BEARIS
Tunai Bitcoin
BCH/USD
1H
There is a bearish flag exposed, bchusd requires a further bearish action as a verification of a breakout.
A bearish flag is considered to be a useful bearish chart indicator that often identifies a bearish price action once price breaks down.
It is likely that decline to 375 will happen.
DESCENDING CHANNEL
Tunai Bitcoin
BCH/USD
1H
It seems like a descending channel is very close to being completed, the price is going to break out now.
A descending channel is a bullish price action pattern that can be used to identify a bullish move once price breaks through the resistance.
It is likely that a rangebound to 380 will form on impulse above 375.
Penafian.
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Pendedahan Risiko.
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Sebelum mengambil keputusan untuk berdagang dalam instrumen kewangan atau matawang crypto anda perlu dimaklumkan sepenuhnya tentang risiko dan kos yang berkaitaan dengan pasaran kewangan, mempertimbangkan dengan teliti matlamat pelaburan, tahap pengalaman, dan selera risiko anda, dan mendapatkan nasihat profesional di mana perlu.