Bitcoincash
BCH/USDT ....... TRIANGLEBINANCE:BCHUSDT
Hello dear traders
the BCH is inside the triangle, if it manages to breaks
the top line of the triangle then it can rise to the
its top of channel and then rise to the resistance zone,
Bit it it manages to breaks the bottom line of the triangle
then it can fall to the support zone.
Bitcoin Cash - local rebound trade ❗❗Bitcoin is still in a local downtrend and all altcoins are also in a correction. On the Bitcoin cash chart, there is no good entry point right now, but if the price quickly corrects to the area marked below, you can try to take a trade on a rebound.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BitcoinCash Expected to Rally to 680Trend Analysis
The main view of this trade idea is on the 15-Min Chart. The cryptocurrency BitcoinCash (BCH) appears to be in an ascending triangle setup with resistance around the 642.75 price level. BCH held support around the 600 price level and have been making some higher lows over the course of the setup. Expectations are for a breakout from the 642.75 resistance level with a target around 680. Failure of this pattern will be seen with a decline to 600.
Technical Indicators
BCH appears to be in an uptrend with the price trading above the short (50-MA), medium (100-MA) and long (200-MA) fractal moving averages. The short term MA has crossed above both the medium and long term MAs. The medium term MA has also crossed above the long term MA. These are bullish signs for the cryptocurrency. Also the RSI is above 50 and there has been a positive crossover on the KST.
Recommendation
The recommendation will be to go long at market, with a stop loss at 600 and a target of 680. This produces a risk/reward ratio of 1.13.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. Currently I have exposure to BCH.
BitcoinCash to Retest 550Trend Analysis
The main view of this trade idea is on the 15-Min Chart. The cryptocurrency BitcoinCash (BCH) remains in a downtrend in the short term. The cryptocurrency has been trading between a range of 670 and 640 over the last couple of trading sessions. Expectations are for BCH to break below this range and retest 550 support, 15.9% away from current price levels at the time of publishing. To negate this move, BCH will have to travel higher towards 750 in the short term.
Technical Indicators
The crypto currency is trading below its short (50-MA), medium (100-MA) and long (200-MA) fractal moving averages. All MAs are trending lower with the 200-MA above the 100 and 50 MA respectively. The RSI is also below 50 and the has been a recent negative crossover on the KST. All these indicators imply a move lower on BCH.
Recommendation
The recommendation will be to go short at market, with a stop loss at 750 and a target of 550. This produces a risk/reward ratio of 1.13
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in BCH.
BCH could fall even further 😱😱Bitcoin Cash is trading in a local range. At the same time, the price is pushing towards the lower end of the range, indicating weakness on the part of buyers and the possibility of another wave of declines. Most stop losses are at $583. If this range is breached, the price could fall and collect these stop losses and then continue to rise.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BCH parallel channels#BCHUSD
as you know I like parallel channels 😊
the fibonacci retracement and angle give me a target for $BCH around $1400, that is the same as a line of parallel channels.
if #BCH going to complete AB=CD pattern then price has to break the descending angle line and head up toward 1.414 fib level around $2200, which is the upper line of the fourth parallel channel.
BCH/BTC buy opportunity - watch closely Hi followers,
BINANCE:BCHBTC showing first signs of a potential big reversal to the up side,
After long period of side ways consolidation, the pair formed clear higher low, some buyers are stepping in with breaking previous swing high.
A breakout above the resistance line of the consolidation range, will be very bullish!
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share!
❗❗❗
Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Bitcoin Cash late to the partyIs BCH ready for a breakout?
BTC looks like it's going to continue upwards for a bit longer which is giving alts more time to breath.
BCH has been a little late to the party but it could be on the verge of a big break out.
The last time it broke through this level we saw it double in price. Can we see that again?
There appears to be a clear path with only resistance near 1100.
Bitcoin Cash (BCH) formed Cup & Handle for big moveHi, dear friends, hope you are well, and welcome to the new trade setup of Bitcoin Cash (BCH).
Previously we had a nice trade of BCH:
Now The price action of BCH has broken out a Cup & Handle on a daily time frame. There is also 200 SMA support between breakout point and handle of Cup.
Buy: Buying is already confirmed as the candlestick has been closed above the breakout candlestick.
Sell target: $1000
Stop loss: below the handle of Cup at $590.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
BitcoinCash is Expected to Breakout and Head Towards 770Trend Analysis
The main view of this trade idea is on the 15-Minute Chart. The cryptocurrency BitcoinCash (BCH) has been in a rangebound movement over the last couple of days between the 695 and 735 price levels. Given the current uptrend, expectations are for a break above the top of the range. Given the width of the range, a target a little above 770 is targeted for the cryptocurrency. These expectations will be negated will BCH fall towards 675.
Technical Indicators
BCH remains above its long term 200-SMA despite being in a rangebound movement over the last couple of days. Its Awesome Oscillator (AO) is above 0 and green while the Directional Movement Indicator (DMI) is in a positive zone, with the positive DMI being greater than the negative DMI. These technical indicators support the view of a breakout at the top of the range.
Recommendation
The recommendation will be to go long at market. Stop loss will be set around the 675 price level with a target of 772.50. This produces a risk reward ratio of 1.57.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in BCH.
BITCOIN/USD:UPDATE| NEW HIGHER COMING SOON $55.000 SETUP🔔Updating from previous Idea.After reached our first level of profit and moved the stop loss to breakeven for the second position, we can see the price broke continues the strongly uptrend with $55.000 is next pit-stop. Looking the volume indicator,we can see the trend in bullish with strong volume increase. We await the second level of profit target $55.000
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
BCHUSDT TECHNICAL ANALYSIS Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. In November 2018, Bitcoin Cash split further into two cryptocurrencies: Bitcoin Cash and Bitcoin SV.
The candle break out down trend line and reached out on the resistance line. If candle close price around $722 on today and next candle stay above this price, our next target might be $1104. We got some signal from our robo advisor @EngineeringRobo as well. Let’s follow up our chart closely.
“NFA”