BCH/USD Long-term Trend – Bullish
Distribution territories: $650, $750, $850.
Accumulation territories: $350, $250, $150.
Most of the price movements of BCH/USD had been in a range-bound region over a week. The ranging movements were featuring in the market of this crypto from Sept. 16 till 20. On Sept. 21, a notable short spike occurred, and the 14-day SMA’s trend-line was breached northwards above the price territory of $500.
The market price line has been traded around the low price point obtained on Aug. 14 but now averaging towards the 50-day SMA’s trend-line from below. The 50-day SMA is located above the 14-day SMA. The Stochastic Oscillators have moved upward well above range 20. They now point north below range 80 to still showcase a continuation of probable northward price movement.
The last spike that brought about the short bullish Japanese candlestick may be proven not strong enough while a strong reversal price action breaks past it southwards. A set of various lower lows and lower highs may come to play in the next few days while the immediate distribution territory of $650 remains unbroken-out. Investors may either join the market below the trend-line of 50-day SMA or wait for a smaller dip around the 14-day SMA’s trend-line.
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
Source: https://bitcoinexchangeguide.com
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24-09-2018, 08:23 PM #1
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Bitcoin Cash (BCH) Long-term Price Forecast
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25-09-2018, 06:43 AM #2
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Non ho controllato nessun'altra piattaforma di trading di broker. Perché tutto ciò di cui avevo bisogno è ottenere da una piattaforma di trading ed è la piattaforma di trading MT4 del broker di trading regolamentato più affidabile sul mercato TradesFX. Hanno azioni, obbligazioni, indici di materie prime e supporto ETF oltre al forex trading. Hanno 4 diversi tipi di account di trading per servire diversi trader. Servizio clienti best-in-class, tra cui chat dal vivo, tempo di risposta di un'ora per le richieste di vendita e supporto, Multiple asset trading e conti ECN sulla piattaforma MT4, qualità di esecuzione superiore (velocità e affidabilità), liquidità profonda da banche Tier-1 Account islamici (Swap gratuiti).
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06-05-2019, 06:58 PM #3
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In Forex market Forex4you is the only broker that allow all types of trading methods such as – short term, long term and others. Actually different broker supports different trading methods due to many restrictions even there are many licenses less brokers that are not safe to trade at all. But I am really very lucky to have such an honest, reliable and supportive broker. I am currently using their short term trading style.
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