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BCH.X Crypto Tickeron detected bearish Crypto Pattern: Cup-and-Handle Inverse BCH.X on February 20, 2025, netting in a 0.58% gain over 3 days

A.I.dvisor
at Tickeron.com
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+0.58% Gain from a Successful pattern Cup-and-Handle Inverse
BCH.X - Bitcoin Cash cryptocurrency
Tickeron
Ticker: BCH.X
Company: Bitcoin Cash cryptocurrency
Gain from shortening: +0.58%
Confirmed: 02/20/25
Succeeded: 02/23/25
Total length: 3 days
On February 20, 2025, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for Bitcoin Cash cryptocurrency (BCH.X, $326.008900). On February 20, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 23, 2025, the stock hit the target price of $289.400000 – resulting in a gain for traders who shorted the stock on the pattern detection date.

BCH.X sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for BCH.X moved below the 200-day moving average on February 22, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for BCH.X moved out of overbought territory on March 07, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 49 similar instances where the indicator moved out of overbought territory. In of the 49 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on March 27, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BCH.X as a result. In of 153 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for BCH.X turned negative on March 14, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 67 similar instances when the indicator turned negative. In of the 67 cases the stock turned lower in the days that followed. This puts the odds of success at .

BCH.X moved below its 50-day moving average on March 27, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for BCH.X crossed bearishly below the 50-day moving average on March 27, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 29 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BCH.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BCH.X broke above its upper Bollinger Band on March 05, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for BCH.X entered a downward trend on March 01, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 92 cases where BCH.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BCH.X advanced for three days, in of 415 cases, the price rose further within the following month. The odds of a continued upward trend are .

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