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Bitcoin Cash (ABC) Morning Star (Learning)Here is the " Morning Star " bullish pattern. "A morning star candlestick pattern is seen by technical analysts as a bullish sign following a downward trend. The pattern consists of three candles" . I've been watching Bitcoin Cash (BCHZ18) closely on BitMEX, and this pattern came up as price went down. As soon as I saw it, I opened a position which is now in huge profits. This post is shared for learning purposes. This is no trade advice. If you found this article useful, please hit LIKE for more. Thanks a lot for reading. Namaste.
Education
by AlanSantana
12
BCH - Bouncing off all-time low, ABC is ready to dust SVLooking at the daily chart for BCHABC, I see a lot of things I like. We have a bullish cross on the daily MACD as it rounds off key support. The two previous times BCH touched this support,the price took off to all-time highs. But take that with a grain of salt as it's important to remember those pumps occurred in a bull market and this is a bear market. The RSI, however, is very low at 21 and was as low as 16! And for the daily RSI no less. Now that Bitcoin is showing signs of reversal/recovery, the alts are also recovering. I think there's a lot of room up if this is a short-term bottom for BCH. My initial target is resistance at .06. If we get some serious volume maybe we touch higher. Either way, it will put some serious distance between ABC and SV as it should be.
by jpbrown1023
1
BCH ABC to BTC, extremely bearish... no suprise there...Not much explanation necesary you can see how much bearish volume those very strong bearish wicks have, bch is going down, and it is no suprise, this coin has a dark and sad future ahead of it, if you can even call it a future. basically roger ver and his whole circle of conspirators have been exposed, now they are even being sued by doing some really shady shit that goes against everything they said they stand for. also the fact that developers miners and everyone with a half functioning brain realized that hard forks every 6 months is basically the worst idea ever thought by a human being, this coin has no future, get out now! BSV is the future, look at my previous idea I explain why BSV is extremely solid, bearish in the immediate future but very fucking bullish in the long term, its even stronger than BTC.
Short
by mrwizard9000
1
Bch/btc- still has some going down to do??Does bch/btc have some going down to do? What I see is the possibility of a down move to put the head in of this inverse head and shoulders pattern. Which would also bring it down close to the all time lows. They get to square that up and start heading north. If anyone out there that finds My charts helpful and would like to see a certain coin just leave a message and I would be more than happy to check it out. If any of My charts have helped you and you are feeling generous- Tips welcomed :) thanks Btc- 1HrzkkMTJZHvLxgutmNT9qNAussZwSBrf8 Ltc- LNhiQ2uEjUhy8UwmXUk1sgA9ZSXqSBkKRV Eth- 0x85a2db972B76b8d8eAB52F77aB499CD5F74eDfaF Bch- qr44ltflnphqprc34lmg9nz5zcr6dy0wdcqvx3q9u8
Short
by CosmicFry21
bch/btc 0.016 sats????So the diving continues with this coins. Charts showing its a got a bit more to go. As always protect your crypto and dont rush into anything ------If you have any coins that you would like Me to check out just leave a message and I would be more than happy to check them out for you------ ------If My charts have helped you and you are feeling generous-tips welcomed :) thanks------ Btc- 1HrzkkMTJZHvLxgutmNT9qNAussZwSBrf8 Ltc- LNhiQ2uEjUhy8UwmXUk1sgA9ZSXqSBkKRV Eth- 0x85a2db972B76b8d8eAB52F77aB499CD5F74eDfaF Bch- qr44ltflnphqprc34lmg9nz5zcr6dy0wdcqvx3q9u8 Iota-XTFHKGXUVPTQXFKLWDILPIYASLUIMK9GIJOGXACLEIPIOJI9LVYPGWDYCREXZCEYZ9MZLJJXPYDMRWWTYOYRKBZCCW
Short
by CosmicFry21