$BCH/BTC temporary flippening?This will probably make me unpopular with some people, but then again, I just look at the TA so here it goes...
BCH was basically in a downtrend since it's inception and is now undergoing and uptrend which if keeps on track could possibly lead BCH to ~1.1 BTC target which is given by the fibs.
This in turn would result in a so called "flippening" with BCH having higher marketcap then BTC.
While most people view this as impossible, I consider it a possibility, but with an important taught in mind; If the targets hit, BCH won't stay there for long, therefor the flippening would be temporary.
Bitcoincash
Bitcoin Cash Bullish Continuation PatternHere we have a bullish continuation pattern on the daily BCHBTC (Bitcoin Cash) chart.
We just had a recent break above EMA10 followed by strong support confirmed.
If prices can stay above 0.01074 or EMA10, we are very likely to see a strong bullish move develop from the current price level.
If EMA10 breaks, we see lower prices and consolidation before the next move up.
Thanks a lot for your support.
Namaste.
BCH 1D Previous goal achieved, which scenario is next?Almost 4 months have passed since the publication of the previous global BCHUSD idea.
It's time to take stock:
First, the price of BCHUSD dropped by -25%, giving a tasty purchase at $380 (the minimum was $370)
And then we had +300% growth when the goal reached $1215
In the end, you can check everything yourself by looking at the idea below.
And although BCH is called the most successful BTC fork, it still lacks the strength and enthusiasm to repeat the achievement of its father.
Since the price of BTCUSD has already tripled the maximum of the end of 2017, and in the meantime, the price of BCHUSDT was able to grow only by 30% from the maximum values of the end of 2017, which were about $4000 on different exchanges.
But as we noted in the previous idea, we think that Bitcoin Cash accumulated for 9 months for a reason last year and this growth is only the first bell.
It may be more fun further)
Although at first, a correction suggests itself - if the price of BCHUSDT is kept in the zone of $800-870 , then it will be very tasty for taking a long position with a target for growth to $1700
Write in the comments your opinions, what prospects await BitcoinCash
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BCH USDT All The main points of the price high and low#BCH #bchusdt #bchusd #binance #crypto #altcoins #trading
BCH : for now 1060$ - 11120 $ is resistance
between orginal targets : 1440$
1760/1820 = target
from 1820 to 2400 : here is where price can fly if 1820 breaks
sl 930 $ - > 870$ area is support line and after that sl 830$
Time: I do not have an exact time for the goals, these are just possible points, but it can happen from now until the next 10 days or the next 2 months
It depends on whether the price explodes or moves with a pattern.
Bitcoin cash (BCH) - May 4Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BCHUSD 1W chart)
(1D chart)
We have to see if we can get support at 991.62 and move above 1106.01.
If it falls, we need to see if it can rise along the uptrend line.
If you fall between 785.84-865.88, you need a short stop loss.
If it falls at 661.97, you need a Stop Loss to preserve profit or loss.
However, it may rise along the uptrend line, so careful trading is necessary.
The next volatility period is around May 21st.
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(BCHBTC 1W chart)
(1D chart)
We have to see if we can ascend above the 18005 Satoshi point.
If it falls, we need to make sure we get support in the 15481 Satoshi-16112 Satoshi section.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
BCH - Ready For Higher HighHi, this is my new update for BCH. Last week we backtested the support level $700 and we broke below the trendline something that scared a lot of people (it was a normal shakeout), but now we are above it again. We broke the resistance $880 and we got a good confirmation yesterday that we have broken the resistance $1000 too. Now I expect we are going to break the next high $1150 like Ethereum Classic. If break it the next resistance is around $1300, so be patient and don’t PANIC ;)
Bitcoin Cash/Bitcoin (BCH/BTC) Cup and handle forming?BCH/BTC forming a cup and handle. I'm expecting a bit more consolidation around these levels and then some green candles on increasing volumes to push to 0.0184. We might pause around there, but I'm looking for continuation to the previous high around 0.0196.
TP1: 0.0184
TP2: 0.0196
- Sultan of Chart
Bitcoin Cash could give us a long position!!! Fibonacci levelsAt the moment, Bitcoin Cash it's show us a good entry in the 0.382% and 0.618% of Fibonacci, into this two levels, we can to entry in long position in Bitcoin Cash. And maybe, this trade are more interesting than trade Bitcoin, I will going to enfocous in Bitcoin Cash than Bitcoin, becuase the difference it's the volatile and Bitcoin Cash it's became a volatile cryptocurrency and the price it's so near of $1,000 USD.
s3.tradingview.com
This screenshoot help you to know the trend
s3.tradingview.com
It's very important for us to know the Daily timeframe because it's the key to follow the trend. So, in general, it's bullish
Now guys, at the moment, we hope an entry in BItcoin Cash into these Fibonaci levels in 0.382% or 0.618%.
Good luck!!!
Bitcoin Cash BCH Bullish Uptrend Bitcoin Cash
Here we have a simple analysis. BCH has broken out the monthly resistance confirming it's bullish. I've placed horizontal lines on the support and resistance zones useful as trading pockets. The wise are holding on tight. The wise have converted some BTC to BCH. When the dam bursts, it will be too late and you will be chasing the train.
Please like this idea.
Thank you for your time! Happy trading. Good luck to everybody.
BTW. This is my analysis. This is not trading advice. Do your own homework and invest at your own risk.
Bitcoin Cash continue up to $1,500 USDThis cryptoucrrency show us an interesting trade to know that we're in this bullish trend. This it's the weekly chart and we see that Bitcoin Cash continue ascendint to $1500 USD in few weeks.
At the moment, this it's my information that I have in weekly timeframe!!!
BCH Token A Storm Before The Silence, May Hit $2000 In FutureBCH token price traded at $990 with a gain of 7.50% in the last 24-hour and 27.15% up in the weekly time-frame. Furthermore, BCH bounced from the support of $750. In contrast, the market capitalization stands at $18 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases a downward slope. Moreover, the price movement can be towards the resistance of $1180 in future trading sessions.
Resistance: $1180
Support: $750
Easy 20% Profit on a trip the olg ATh of BCH (Bitcoin Cash)According to the previous analysis, Bitcoin Cash was offered in the range of $ 800, which touched the second target of the previous analysis and grew to $ 1,200 (about 52% growth from the announced price).
Currently in the four-hour time frame, the price has returned after reaching the channel ceiling and has been unable to break this level, so it is expected that the green line range of the fork screw ($ 940 to $ 965) will have a short correction.
It is recommended to enter the mentioned range ($ 940) is only suitable for entry and then in the first step up to the goals of $ 1100 and $ 1220 you can take advantage of it (about 20% profit of the purchase order)
Given the recent market fluctuations, be sure to use the loss limit after entering the trade, define your loss as breaking the green line downwards in the range of $ 850.