thomasfar6
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BITCOIN CASH - Symmetric Triangle Pattern, 100% Profit Potential

BITSTAMP:BCHUSD   比特幣現金 / 美元
This graph shows where bitcoin cash             could be heading next in terms of surprise, I have predicted that there are two possibilities of where the value could head one being in the upwards Direction towards the $4,600 Mark and the other being the opposite trend at the $1,500 Mark. This is quite unlikely as you would take use cell value in order to push fit quick cash to this price, however, we should take it into account as if the $2,000 Mark is broken downwards there is a possibility that we could head to that price.

The more positive side is that there is a higher chance for the currency have another increase and return back to the previous house we'll probably find some consolidation and resistance.

  • MACD - Lots of Potential for upward movement.
  • RSI - also leaves space for an upwards trend more so than downwards.

  • Orange - Resistance.
  • Pink - Support.

As always trade the lines accordingly.
How do you find Symmetric Triangle Pattern? I am not confident in Bitcoin Cash after the recent "shaming theft of great ideas" by ADA.
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thomasfar6 bigLITTLE
@bigLITTLE, The symmetrical triangle pattern is indicated by the orange and pink line comma the orange Bean the resistance and the pink being the support. I Tend not to listen to things like that as at the end of the day this is the market in a few weeks time everyone will forget about the bad news it happens in every single instance
+1 回覆
thomasfar6 thomasfar6
@thomasfar6, The symmetrical triangle pattern is indicated by the orange and pink line, the orange is the resistance and the pink being the support. I Tend not to listen to things like that as at the end of the day this is the market in a few weeks time everyone will forget about the bad news it happens in every single instance. **
+1 回覆
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