BCHUSD Breaking Trendline For A Bullish CaseBCH moved even higher following the break out of a diagonal in the last few days. Notice that recovery is now in five waves on the hourly chart so it appears that more gains can follow after the retracement. There is nice technical support at 113 followed by 108/110 area, where the price can meet the trendline.
BCHUSD
BCHUSDT: Good prospect for LongThe structure of medium-term wave levels on the BCH tells me that the decline from the level of $1,600 is probably over.
On the smaller timeframe some initial momentum was formed in wave 1 or A, and at the moment the price is correcting in the anticipated wave 2 or B.
It is possible that the correction has already ended and the price has already started to form the first upward impulse as part of wave C or 3.
This is an excellent pattern that allows you to plan to open a long position with a remarkable risk to profit ratio of at least 1:5.
We're just getting started...If you zoom out..you can see that bottom is not in. BTC closes below weekly 200SMA. Daily, below EMA 89. This week is a big week:
HUGE WEEK AHEAD!! GET READY
50% OF $QQQ REPORTS EARNINGS THIS WEEK INCLUDING APPLE , MICROSOFT , GOOGLE , FACEBOOK
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Bitcoin Cash (BCH) - July 25Hello?
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(BCHUSDT 1W Chart)
Whether or not it can move higher than 202.7 is the key.
To do that, you need to make sure you can climb above the 122.6-146.0 section.
(1D chart)
Primary resistance: 146.0
Secondary resistance: 174.8-202.7
Support: 106-122.6
We need to see if the price holds the price above the 60 SMA level.
To do so, it needs to be supported in the 122.6-129.0 section or higher.
- The Stoch RSI indicator is an indicator that can detect short-term fluctuations.
- The rise of the CCI indicator is likely to show an upward trend from a mid- to long-term perspective.
At the same time, when the Stoch RSI indicator and CCI indicator rise, more volatility appears.
The opposite is also true.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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BCHUSD Potential for Bullish Continuation | 22nd July 2022
On the H4, with price moving in an ascending trendline and above ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 126.53 where is the swing low support to our take profit at 131.4, where is the swing high. Alternatively, the price may break the resistance structure at the buy entry and drop to the stop loss at 119.00, which is in line with the 38.2% fibonacci retracement.
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Bitcoin Cash 165% Target On 10X Lev. (Over 1500% Potential)We have the Bitcoin Cash (BCHUSD) trading pair before the bullish signals are really in, we are early...
Notice the marked candle, 30-June.
This is a reversal candle.
Now, after the reversal signal how do we know if there will be follow up?
Notice the immense volume yesterday...
Can you see it?
That huge green volume bar is the confirmation.
We see BCHUSD growing.
We are active with 10X.
165% total growth on 10X can lead to 1500%+.
Remember, this is not financial advice.
We only share what we see coming from the charts.
Leveraged trading is ultra-high risk.
We recommend spot trading only unless you are an expert.
Thanks a lot for your continued support and remember to leave a comment if you have any questions.
Namaste.
BCHUSD is HOT! I see expansion coming! If you like AI then Look at my custom cloud settings that show we are flying hi above a huge red cloud and not likely to break back down because they are keeping shorts under water. Only one real correction in there and then we have been pushing right through and so the odds are we will ride the cloud and then expand up. I ran Targets on this earlier and we entered Long on this at $104 and also doubled up long at $94 and the targets are $119-124-136-152
BCHUSD ❕ breakdown of the downward uptrendBCH has broken down the upward channel.
TD Sequential has formed a reversal signal down on the 4H Timeframe.
The price dipped below liquidity.
The BCH is in the oversold zone by the BB indicator at 30m and 1H Timeframes.
I expect price to test the support level, but after fixing under it will continue to decline.
BCH BELOW 100 ?I have marked in A,B, C, D, this BCH is potentially under threat to go below 100. The bearish pressure is huge. For short position the risk is above senkou B. The conclusion is going down for this BCH.
Be wise with your risk and reward. I don't share where will be the taking profit area (remember risk is above senkou B h4 TF). This is my subjective opinion.
BCH The Forgotten SoldierBCH is the first fork of btc with a real world usecase. Fast transactions, adoption, you can buy/pay with it, etc.
Right now we have Bitcoin Cash at the major support and ATL of 2018.
Weekly RSI at 25, I expect a bounce once Dxy, spx, nasdaq and btc bottoms.
It has a chance to go at 80$ and lower if bitcoin goes sub 17k of course.
Starting to accumulate BCH at 100$ and below. It will have its pump day.
BCH Breaking Down a Descending Triangle and Losing to LitecoinThe LTCBCH pair has been showing signs of bullishness for many months now and in that time LTC has rallied while BCH has gone down and stood still now we see here BCH is breaking down a descending triangle while LTC is still trading near the highs of the rally. I expect that we may see BCH meet Litecoin halfway and come down near the $30-$65 price range as LTC either slowly goes down and consolidates or as LTC potentially goes up and surpasses BCH.
BCHUSD ❕ trading in liquidity zoneBitcoin Cash is moving in the liquidity zone within the downward channel.
Volatility has declined.
The price is in the overbought zone of the BB indicator (30m TF)
I expect that BCH may test the upper boundary of the descending channel, and after fixing under it will continue to decline.
BCH - Your time to shine⭐️Reasons to take long if BTC will be bullish:
⭐️ Range for 10 days
⭐️ Trendline is clean
⭐️ 5th touch
⭐️ Price is squeezing to the level
⭐️ Volume at bottom
⭐️ 40 ATR
⭐️ Over VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
(Bitcoin Cash)-BCH/USD Update 📈📉HEY ,SUP GUYS and Girls !
Welcome to my new analysis today ,
In last analysis that I posted for Bitcoin Cash , it wasn't able to rise up as I expected , but at least reached the first target one ( >240% long (1x)🎯💰 ).
So today as we can see in Weekly time frame for BCHUSD , That has reached the Demand zone , after a little consolidation can start to rise from this zone according to bars pattern , but it also depends to overall situation of crypto market and , because bitcoin has lost 20k lvl , so the altcoin subsequently can lose their support , so in the case if BCH loses the current support zone it can even see lower support Lvls.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
Bitcoin Cash Oversold, Bullish Divergence + ATLBitcoin Cash hits a new All-Time Low while at the same time hits oversold on the RSI.
We have a strong bullish divergence with the MACD.
Based on other market factors not visible on this chart, we believe that Bitcoin Cash can bounce at this support level.
The last low around $107 should be the stop-loss in a manual way as we use it.
Any trading above this price and we are strongly bullish.
We are active on this one with leverage as well.
This is recommended for experts only as leveraged trading is ultra-high risk.
We are also active on this pair through SPOT trading and the BTC pairing below.
Remember to hit like, follow & comment for more.
Namaste.
BCH scalp - bounce from zone of interest📈Reasons to take short
⭐️ Buyer on BTC
⭐️ We came to liquidity zone
⭐️ Volume increased
⭐️ 3rd touch
⭐️ 110 ATR
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones