Bitcoin Cash - Perfect Rejection! 🔥Our previous analysis played out for BCHUSDT PERFECTLY. We were expecting a rejection of the previous high after a breakout and we got a wick rejection! Price looks to be in a parallel bull flag for another move higher. Next area of interest is the 1836 level where price previously reacted. When we get there, we will reanalyse and update you all.
BCH
MY MINIMALIST CHART ANALYSIS FOR $BCH$BCH- TRON ON A DAILY CHART
5.8.21 0346H +8 PACIFIC
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
Note:
This is not a piece of financial advice.
I am a student and this just a practice.
Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.
Postings most of the time is delayed as it
takes time for me to finish on several
analysis of assets.
Updates will be posted religiously if time
permits.
BCHUSDT
Hello to you all. Mars Signals team wishes you high profits at all times.
As you can see, the price is fluctuating inside a channel that looks like a flag pattern. We have drawn a support line for you that if the price reaches that area, it is a good area to buy, but if it goes out of the flag, there is a possibility of price increase. And if it goes out of the canal, it will be hard work to climb
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Check the continuation of the #BCH processThe formation of a rectangle and the side space inside it and passing through each side, determines the continuation of the process. Most of these rectangles in this position are ascending charts and can reach two important resistances. After the orange inflatable box, you can think of more mountaineering (namely 2400 hits).
In the lower time frame, the points of sale were identified that you can use both sides
BTC UPDATE❗️Hey hey my friends 👋
Bullish argument for BTC, Inverted head and shoulders pattern on the 30 minutes measured move puts. us back into the rising wedge we fell out of a week or 2 ago 🐮
Bearish argument, it could get rejected as a higher time frame bearish re-test...🐻
Will have to wait and see ⏳
Long BCH/USDTThe analysis I shared on bch/usdt on the 30/04 is probably my proudest- 52% increase in price in a week! The momentum on this pair points to further upside, it's all about finding a good entry point now. Right now seems like a good price for entry with next target projection at 2k. What do ya'll think?
BCH long position 1000%BCH strongly undervalued coin, capitalization of BCH is huge, BCH use the same way like BTC you can buy a cup of coffee, foods, cars, whatever you want for BCH.
Also, the GRAYSCALE portfolio consists of BCH for 0.5 B USD.
And the cherry of the cake, the capitalization of BCH started grow from 10 B USD to 26B USD for several weeks ago.
All TPs on the chart!
Happy trading guys!