(Multi time frame analysis) BCH/USDT must start pumping!
Hi every one
BITCOIN CASH / TETHERUS
with this analysis we want to analyze BCH/USDT in multiple timeframes! so let's begin!
first we have the daily chart which if you pay attention you can see that there is an ascending triangle with a hidden bullish divergence(+HD) both on the MACD and RSI indicators and also the price is in an ascending channel!
secondly we have the 6 hours chart which is pretty much the ascending triangle with little more details, after the upward breakout we shall see the upward movement to be as much as the measured price movement!(AB=CD)
The 3rd chart which is in the 4 hours time frame shows another bullish pattern which is a cup and handle pattern! after the upward break out the price can pump heavily!
The 4th chart is also the same timeframe(4h) but there is a breaking in the EMA 200 this is also a strong bullish signal!
with all these signals we can come to a conclusion that the BCH/USDT can be very bullish and that a huge pump is about to come!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
BITCOIN CASH / TETHERUS
with this analysis we want to analyze BCH/USDT in multiple timeframes! so let's begin!
first we have the daily chart which if you pay attention you can see that there is an ascending triangle with a hidden bullish divergence(+HD) both on the MACD and RSI indicators and also the price is in an ascending channel!
secondly we have the 6 hours chart which is pretty much the ascending triangle with little more details, after the upward breakout we shall see the upward movement to be as much as the measured price movement!(AB=CD)
The 3rd chart which is in the 4 hours time frame shows another bullish pattern which is a cup and handle pattern! after the upward break out the price can pump heavily!
The 4th chart is also the same timeframe(4h) but there is a breaking in the EMA 200 this is also a strong bullish signal!
with all these signals we can come to a conclusion that the BCH/USDT can be very bullish and that a huge pump is about to come!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
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t.me/CobraVanguard
📥┃Join the platform where I trade and receive up to a $500 welcome reward! coinex.com/register?refer_code=n8fmk
t.me/CobraVanguard
📥┃Join the platform where I trade and receive up to a $500 welcome reward! coinex.com/register?refer_code=n8fmk
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