BCH
BCH looking clear for upward movement!!Greetings Everyone!
BCH is looking pretty good after breaking through the initial downward wedge from yesterday!
Just a couple key things to go over on this 2 hour chart. If you notice the RSI at the bottom, you'll find a slight divergence in comparing that, and the actual price up top. The price up top was on a downward trend, but the RSI was actually increasing, just slightly, but still, showing a bit of a divergence towards the positive. This indicates that the downward momentum is loosing steam and is a pretty good indicator of a change from bearish to bullish, at least in this 2 hour chart! Clears the way for some upward movement!
Also note the pretty strong upward support ( shown in the thicker green line).
We could be looking at resistance around the 1200 mark, but time will tell if we can break though that and head towards 2K!
Happy trading!!
(of course, make your own decisions when trading. best wishes!)
BCH - Backtest Done Hi, this is my new update for BCH. I told you 4 days ago that, it is normal to see a pullback from $1150 to $880 to backtest both the support level and the trendline, so now we have tested $880 multiple times. I think in the next couple of days we are ready to set higher high. So be prepared and don't PANIC, BCH is still BULLISH
BITCOIN LOOKS GREEN AND POSSIBLE BREAKOUT COMING - TA TRENDHello trading friends,
I hope you have a great time.
This is a bitcoin idea for the coming time if we break out the expecting area 57400 with confirmation line then it's possible that we will have a rise to 59K trend, which can also make a possible to ATH. we will inform you in the coming time more about it.
Whale trend
The trend shows a stable trend with a possible increase and breakout trend for the coming time.
Targets
A very important target is 57400, if we break out that target with a confirmation line, then it's possible we will see a new 59K trend.
We have the main target for ALGO since the NFT. to 2.50 USD + see the idea
---> trade safe
Follow and like for more updates. thank you!
Discipline is the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly * this is not an advice
---> Have a great day
BCH To The Moon! - Fibonacci AnalysisBitcoin Cash looking good! It bounced back of strong support and heading North.
Entry Zone: $850 - $950
Take Profit #1 $1,132
Take Profit #2 $1,199
Take Profit #3 $1,354
Disclaimer: This is not a financial advice. This information does not provide individually tailored investment advice and does not take anyone’s circumstances into consideration when discussing investments, nor am I registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any cryptocurrency.