BCHUSD
BCH/USDT Now Or Never!!Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
BCH has been on a powerful climb the past few days and is now approaching its biggest resistance challenge! This S/R line shown above needs to break or we can expect a correction! If it breaks this line, the previous highs will be next which sits around $500 to $600. Good Luck in your trades. Let's hope the bulls are really hear to play.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Coin Donations Are Always Welcomed :)
Simplicity Wins
BCH - Breakout, Retest, MoonIts happening whether you like or not. Everything is pointing to the moon. If I am missing something - comment below and call out my bs
BCHUSD in weekly and monthly squeezesBCHUSD has consolidated for the better part of 2020 on both the weekly and monthly charts. Given the broad crypto market rally with BTCUSD leading the way, I think it's a good time to pick up some Bitcoin Cash as it is one of the few cryptocurrencies that have not taken off quite yet. The weekly squeeze is firing, which typically indicates a price breakout and end to the consolidation period.
BCHUSD 💲 SHORT 📉Hello friends!
With the beginning of a new day! I wish you profitable deals and good mood!
As we can see, in today's idea, the main role is played by the resistance line, which originates in January 2021 and the level. January 19 and February 1 were to break through our resistance line, but as we can see, the price was returning to our line. Please note that our resistance line most often held the price, not allowing itself to be broken. This is a good sign for today's idea. Now the price is slightly above the line, but this is a false breakout. The price is heading down and it will be a good fall.
Today I expect the price to continue falling and be able to reach the support level.📉
Do you agree?)
Your Solldy.
BCHUSDT, strong short to 363.94.Hi friends. Really never write about BCH. But today when i seen this picture. I was surprised. So big volume of BCH was sold at 425. And trend easy can going to first bears target (X-Lines level) - 363.94. No obstacle for that at this moment. Follow me.
BCHUSD D4: BEST Level to SHORT IT 80% gains(SL/TP)(UPDATED)BCHUSD D4: BEST Level to SHORT IT 80% gains(SL/TP)(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
HIGH RISK setup. proceed ahead with caution.
DO NOT USE HIGH LEVERAGE.
🔸 Summary and potential trade setup
::: BCHUSD D4 chart review/outlook
::: setup still valid as of right now
::: MAX 80% correction incoming soon
::: massive rejection near range highs
::: furthermore ETHUSD failing near ATH
::: so limited upside in BCHUSD
::: expecting pullback/correction mode
::: re-test of mid range required for BULL RUN
::: so conservative target for BEARS
::: is 185USD which is 60% downside
::: it's possible that price will re-test
::: near range lows (80% correction)
::: however base scenario is 60% correction
::: no valid setup for bulls here
::: TP BEARS is 185 USD
::: recommended strategy: SHORT IT / SHORT rips/rallies
::: ENTRY at market or below dashed line
::: SWING TRADE: SHORT HIGH TP 60% gains
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/185 USD
::: Sentiment outlook short-term: MAXED OUT/REVERSAL
BCH Retrace and RejectionRetraced perfectly upto the trendline and rejected according to the previous idea shown below.
Good profit for those who followed.
Current drop doesn't show significant volume more likely due to the BTC drop.
Have to see if OBV holds or breaks the trendline.
BCH targeting $880. 100% chance. 🚀No financial advice. DYOR. I was watching BCH for a while now. It looks to me, that we have a 100% up opportunity with a target at $880.
• retraced from last high to 0.382 FIB level
• 0.382 FIB was previous resistance
• bounced up from previous resistance, so it flipped resistance to support
• no daily close below previous resistance
• trading slightly above EMA 50
Two potential trades:
a) Safe trade
Open: prices close above 430
SL: price close below 370
RR: 7.5
b) Gamble trade
Open: now
SL: price close below 370
RR: 16
Targets: 470/540/630/880 ish.
BCHUSDT (BITCOIN CASH) - POTENTIAL BREAKOUT ANALYSIS 🔎
- BCHUSDT is printing a falling wedge pattern.
- This is reversal pattern.
- A bullish pattern to be precise.
- Price is testing the falling wedge's resistance.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance and the horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the swing low support level (S1).
BCH. Can you do it?if there is one more strong 4h close above 390 then we may see a move towards 405
Bitcoin Cash at Support, Potential move towards $650 $BCH Bitcoin Cash at Support, Potential move towards $650. Perfect buy zone hit. Look to trade this for a 70% gain. COINBASE:BCHUSD
bchusd__4hafter falling in cause whole bearish market in crypto we should see acsend in bchusd in 4h..i hope so it be in his way:D in daily timeframe in my previous forecast
BCHUSD D4: BEST Level to SHORT IT 80% gains(SL/TP)(UPDATED)BCHUSD D4: BEST Level to SHORT IT 80% gains(SL/TP)(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
HIGH RISK setup. proceed ahead with caution.
DO NOT USE HIGH LEVERAGE.
🔸 Summary and potential trade setup
::: BCHUSD D4 chart review/outlook
::: setup still valid as of right now
::: MAX 80% correction incoming soon
::: massive rejection near range highs
::: furthermore ETHUSD failing near ATH
::: so limited upside in BCHUSD
::: expecting pullback/correction mode
::: re-test of mid range required for BULL RUN
::: so conservative target for BEARS
::: is 185USD which is 60% downside
::: it's possible that price will re-test
::: near range lows (80% correction)
::: however base scenario is 60% correction
::: no valid setup for bulls here
::: TP BEARS is 185 USD
::: recommended strategy: SHORT IT / SHORT rips/rallies
::: ENTRY at market or below dashed line
::: SWING TRADE: SHORT HIGH TP 60% gains
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/185 USD
::: Sentiment outlook short-term: MAXED OUT/REVERSAL
BCHUSD 💲 LONG 📈As we can see, on January 19, the price began its downward movement and reached the support level. As we can see, after the price reached the support level, the price bounced off it and rocked its growth. The price had a chance to rise to the resistance level. but the price could not reach him. Now the price has started to fall again and is at the level. This is a good sign for our idea today.
The price is now at the level. I think that the rise to the resistance line will begin now. As for me, this is a good chance for a profitable price increase.📈
Do you agree?)
Your Solldy.
BTCUSD 💲 Price GO UP 📈 BUY 💲Hello friends!
I wish you profitable deals!
As we can see, the price is still in our channel. On January 25, the price bounced off the resistance line and began to fall. The price almost reached the support zone and started an upward reversal. In today's idea, the main role is played by the resistance lines, to which the price will have to reach.
Today I expect the price to start moving up. As for me, it will be a profitable rise to the resistance lines. Notice how recently the price bounced off the resistance line without breaking it.📈
Open the BUY.💵
❗Don't forget about stop loss.❗
Do you agree?)
Your Solldy.
BCH/USD - Descending triangle approaching apex, what next?BCH has formed a descending triangle as indicated by the blue shape which is ranging between resistance ($600) and support ($400).
Price is now quickly approaching a decision time whereby it can break-up to retest the $600 level or seek lower support. We should know by early February.
4h indicators are flat, however on the daily we can see that we are trying to gather strength for a bullish bias where MACD histogram and Stoch RSI are curving up.
At this point, it is really up to BTC and ETH to set the tone for the overall market. In both cases we are at support levels so a new breakdown to lower levels may pull BCH down as well. To be seen.
Like and follow if you liked this idea!
BCH - Target $1000From this chart we see that we have good support around $400-425 + we see also Elliott wave principle (1,2,3,4,5) waves and a small (abc) correction, so I think now it is time for new (1,2,3,4,5) waves to come and that will get us up to the target $1000 in the short term. The last update I did for BCH, I told u guys that BCH is lagging behind the Total Market Cap + the fair value for BCH must be around $2000-2500.
Bch/USDAscending triangle is forming; It has also gained some volumes! I except a move toward $500 area. Let’s see. Stop below $415.
BCHUSDTBCH is in a big bearish bias
but in the short term it shows bullish signs and also breaked trend lines and done its pullbacks so the scenario will be completed after the bearish gain its power and goes for the dotted yellow line plotted
