BCHUSD Potential for Bearish Dip | 20th April 2022We see the price is near pivot level and it is on a bearish momentum. Price can potentially dip from 1st resistance level of 341.00 in line with the 78.6% Fibonacci retracement towards the 1st support level of 315.14 in line with 100% Fibonacci projection and 61.8% Fibonacci retracement. Alternatively, price might break through the key resistance structure and head for our 2nd resistance level of 353.35 in line with 100% Fibonacci projection and 161.8% Fibonacci extension.
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BCH
BCH retested the broken trendlineBCH broke down the trendline and retested it. This is a signal of the continuation of the downtrend
BCH weekly looking for a huge breakout?BCH weekly is looking great...i wanted to show the big picture here.
We are about to see a giant launch in price
in the coming weeks
to few months
in my opinion. Look at the oarnge circle. everything BCH needs to
break, is in this circle.
we have the Bull Market support band, 50/100 day ema, and
trendline. from $295-$470 is the range we need to break...thats it.
look at the concervative price targets...these are low what this chart
is capable of...i just want to show this here.
Important resistance in bitcoin cashBitcoin Cash has a strong resistance at $ 380, which I think will react.
If the number of followers reaches 100 this week, I will put pure analysis every day.
Follow fractal_analysis98
BCHUSD Potential for Bearish Dip | 14th April 2022Price is on a bearish momentum. We see a potential for bearish dip from sell entry level of 349.95 in line with 61.8% Fibonacci retracement towards take profit level of 318.11 in line with 61.8% Fibonacci retracement and 78.6% Fibonacci projection. Our bearish bias is supported by price trading below Ichimoku cloud.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
40% return for Solana by year end.I believe we are repeating history. The weeks I have circled seem oddly similar. Historical trends are coming together into a bullish wedge. Plenty of Crypto contracts are set to expire in June, which is oddly the same time these historical trends converge. My price target for Solana is 140 floor price, 330 at its peak. Anything more than that might be a bit over done.
BITCOIN CASH LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on BITCOIN CASH as price action shifted the market strucutre from bearish into bullish making the retracement move back into the bullish orderblock area on the H4 exactly on the psychological figure 300$. We also had a lot of wicks pressure aka buyers getting in on 280$ price area.
What do you think ? Comment below..
BCHUSD about to break a 1 year Resistance line!Bitcoin Cash (BCHUSD) has been trading below a Lower Highs trend-line since the May 12 2021 High. So far we've had 3 major rejections on that trend-line. However the time may have come that we will finally see a bullish break-out above the Lower Highs, as BCH has been trading within a Channel Up (dashed lines) since the January 24 market bottom. If the price tests the Lower Highs again, it will be the soonest double test in that span.
The obvious immediate Resistance levels if a break-out takes place, will be the 1D MA200 (orange trend-line) and mostly the 1W MA50 (red trend-line). Above the Resistance Band of 735.00 - 809.00, Bitcoin Cash enters a new long-term parabolic rally.
Note that what gives more chances to the upside right now is the fact that the 1W RSI is above its MA. If the MA holds as a Support, it will further boost the bullish potential.
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Bitcoin Cash Bullish Breakout vs Tether...The altcoins do move together...
Here we have the same chart as the COMPUSDT pair we looked at recently.
We have higher low after late February and today a strong breakout support by volume.
There can be additional growth.
Namaste.
Bitcoin Cash Strong Breakout Confirmed by VolumeWe can see a strong bullish breakout happening today for Bitcoin Cash, BCHBTC, as prices move above EMA10/50/100...
This breakout is confirmed by good volume, which will continue to increase before the day closes.
The targets are mapped on the chart.
Namaste.
BCH/USD Mid-term work in the channel.A channel has formed in the main trend. Here I have shown potential medium-term work from trend and support/resistance levels. It is also worth noting that a cup may form.
BCH / USD Main trend. Channel. 1 week.
BCH / USD Main trend. Channel. 1 week.Main trend. Term 1 week. From the breakdown of the big triangle, the pumping is more + 500% Rollback. As a result, a channel was formed. Work in it. The potential is very significant.
Under the idea, I consolidated my ideas of working on this coin over the past year, both medium-term and local in nature.
BCH/USD Mid-term work in the channel.
BCH 1WAn uptrend line is a straight line drawn upward to the right that connects 2 or more low points. The second low must be higher than the first for the line to have an upward incline. Uptrend lines act as support and indicate that there is more demand than supply, even as the price rises.
entry after retest uptrend line.
A retest refers to prices reversing direction after a break and returning to the breakout level to see if it will hold.
Bitcoin Cash can reach 400-420$BCH has started a Bullish Trend & we can See an Ascending Channel On The Chart. The Price is gonna Need to Decrease a little more For it would Become Ready to Ascend Further. a Support Stands at 300$ .This Should be a Good Point for Price to React to & Continue The Bullish Movement From There.There is also a Hidden Bullish Divergence (+HD) on MACD which Means There is a High Bullish Chance For BitcoinCash! The Price can Increase up to 400-420$ for now.
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Thank you for seeing idea .
Have a nice day and Good luck
BCH Testing Back Into A Range before Potential Takeoff to $550BCH has Broken free from a Daily Range and is now testing the old Resistance of said Range with the 55 Day EMA and SMA backing it up and if things go smoothly we should see this rise back up to the next zone of major Resistance at $550
BCH USDT LONG SWING| BCHUSDT | LONG @ 300 - 304 | TP @ 306, 308, 310, 312, 314 | SL @ 275 | PATTERN = BULLISH TRIANGLE BREAKOUT | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
#BCHIf we will fix in the channel - we can take a long. Now you can also take a long, but only with a small stop under the bottom line of the zone.
BCH Bitcoin Cash: 1D & 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1D and 1M linear scale chart for Bitcoin Cash (BCHUSD).
See the Bitcoin Cash price on the 1M (left chart) and 1D (right chart). On the 1D chart there is a ascending triangle bull flag forming with the measured move around the 0.50 Fibonacci Retracement area (on 1M chart). 200 SMA, RSI, and Ichimoku Cloud are included in the analysis.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BCHUSDT - Long Setup!
BCHUSDT (1D Chart) Technical analysis
BCHUSDT (1D Chart) Currently trading at $360
Buy level: Above $361
Stop loss: Below $270
Target 1: $400
Target 2: $452
Target 3: 529
Target 4: $650
Max Leverage 2x / Spot Market
Always keep Stop loss
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Bulls are again attempting to push through $360-levelBitcoin Cash coin approaching the crucial supply zone after drawing the triple bottom formation over the daily price chart.
Bitcoin Cash reclaimed 8% market capitalization, which is now at $6,74 Billion.
The daily bitcoin cash price EMA ribbon as seen above the red ribbon of the indicator supports a bullish trend but the digital asset price is still below the 200-EMA (yellow). Moreover, Stoch RSI is looking flat in the overbought area concerning the regular price graph. Nevertheless, the Average Directional Index shows a slightly bullish trend for the Bitcoin Cash coin.
It looks like Bitcoin Cash holders don't want to miss out on a buying opportunity and may be able to jump the crypto price above the supply zone. On the other hand, if they fail to go up, they may again face a pullback.
Support level - $300 and $280
Resistance level - $360 and $470
