BCH - Be PreparedHi, this is mye new update for BCH. In the last 12 days BCH has fallen 25% and this gives us a good discount compared to the other coins. After a big fall from $610, we have now find support around $440 and we saw yesterday that the SMA100 held very well and we got a beautiful double bottom in RSI and that indicates we have reached the bottom and now we are going up. First resistance for BCH is around $535-550 and once we get above it we are going to test the resistance $610-635. So be prepared and don't PANIC, good things take time.
Bitcoincash
BCHUSDT - LONG TO $547, $600, $670 AND $730Here is another trade/investment opportunity that guarantees 40% ROI.
Here is a bullish pennant chart pattern breakout confirming a buy opportunity. Therefore, I expect price to go long to $546 first, if it breaks the supply zone upward, head for $600, $670, then $730.
Also, check the chart below for the bigger picture.
The yellow horizontal lines are the major support and resistance levels price may encounter when moving in the trend.
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Bitcoin Cash hasn't even taken off yetIt has the potential to reach at least $ 1,000 this year.
Unlike other cryptos, this one has not yet fully taken off and is still below its all-time high.
It may be on its way to completing the CD path of a Crab or Bat pattern.
In bullish trend since December 2018.
The most that could go is $ 4,000.
78.6% and 23.60% of the fibo have served as resistance and support, respectively.
It is an excellent entry opportunity.
"Bitcoin cash (BCH) is both a cryptocurrency and a payment network. It was created after a hard fork with bitcoin in December 2017 with the goal of increasing the number of processable transactions."
BITSTAMP:BCHUSD
Bitcoin Cash (BCH) - March 22Hello?
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You should watch for any movement that deviates from the 494.98110330-600.59767260 section.
In particular, it remains to be seen if it can rise along the uptrend line (2).
If it falls at 435.40010001, you need Stop Loss to preserve profit and loss.
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(BCHUSDT 1D chart)
It remains to be seen if it can rise above the 599.94 point by following the uptrend line.
If it falls between 448.01-485.99, Stop Loss is required to preserve profit and loss.
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(BCHBTC 1D chart)
We need to see if we can move sideways by ascending to the 0.009703-0.010454 segment.
If it falls, you need to make sure you get support at 0.008467.
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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.
Therefore, the interpretation is the same as the conventional 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 profits and losses 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 are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Bitcoin Cash (BCH) BROKE RESISTANCE!!! Sideways trading or MOON?Hey everyone, we broke through the major resistance on the daily timeframe. We already had a solid bounce off the previous resistance testing as support. Now we are waiting for a slight pullback to enter long in addition to our environment on the 4H to give us a bullish context signal.
Trading is a game of patience. If you are looking to invest dollar-cost averaging is your best option as a trader we are prioritizing optimal entries over FOMO.
BTC Buy the dip.BTCUSD - Intraday - We look to Buy at 56906 (stop at 55878)
The primary trend remains bullish.
20 4 hour EMA is at 57226.
We look to buy dips.
Dips continue to attract buyers.
Previous resistance, now becomes support at 57000.
Our profit targets will be 59825 and 61392
Resistance: 58000 / 59000 / 60000
Support: 57400 / 56400 / 55000
BTC Buy a break setup.BTCUSD - Intraday - We look to Buy a break of 58381 (stop at 57383)
Daily signals are bullish.
The primary trend remains bullish.
50 4 hour EMA is at 56125.
Bespoke support is located at 56000.
Overnight losses have been limited.
Pivot resistance is at 58354.
A break of 58400 is needed to confirm follow through bullish momentum.
Our profit targets will be 61421 and 62468
Resistance: 57500 / 58400 / 60000
Support: 56000 / 55000 / 53300
$BCH technical Analysis Bitcoin Cash is currently showing consolidation between 515 and 530 area.
We can see price is now above 100MA, which is now acting as a strong support. As price seems to trend with 100EMA.
We can also see price is being respected on its trend support, which is a critical level.
MACD is showing a possible bullish crossing.
If price decides to move up from here, we can possible see a minor rejection / reversal at 0.618 FIB level ($645)
If 100MA & Trend support is broken, price is likely to touch next support cluster at around $445.
BTC probably retraces to 22KBitcoin may fall Heavily up to 22000$ or even lower retraces to its Fibonacci 61.8% or even 78.6% of its bullish wave and then we can expect some bullish continuation
I have specified its bearish retracement in a bearish channel
the other scenario is it may shoot up to 127% and 161.8% Fibonacci extension which is 50000$ and 62000%
it is just a raw speculation based on Fib and MACD
please comment your opinion
BCHUSD Reversal Upwards to $721+Bitcoin Cash after the dump down in February has found its bottom around $482 - $515 weekly support accumulation zone with the absolute bottom wicking $435 without a candle close below.
$435 is the super human entry and anything under $482 - $515 is still what I would consider goated.
From here, the next targets are the $630 & $720 levels needed in order to hit to close out of this valley. This valley's top i $746 and is a weekly level of resistance. After Bitcoin Cash can break out of this valley and create new highs its wraps.
BCH/USDT pump is about to happen?Hi every one
BITCOIN CASH / TETHERUS
BCH/USDT is now in a pretty ok spot! an ascending triangle is in the chart, which if the upward break out happens we can be sure that the price will increase as much as the measured price movement (AB=CD) let's hope Positive things happen soon!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
$BCH/BTC 2h (Binance Spot) Descending channel breakoutBitcoinCash is looking ready for reversal here in satoshi, I am adding to my current bag!
Current Price= 0.010484
Buy Entry= 0.010486 - 0.010202
Take Profit= 0.011998 | 0.014122 | 0.015990
Stop Loss= 0.009517
Risk/Reward= 1:2 | 1:4.57 | 1:6.83
Expected Profit= +15.99% | +36.52% | +54.58%
Possible Loss= -7.99%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 10 days
BCH/USD $1000+ short termBCH > Always lagging compared to the BTC run. Expect this to move fast once btc moves up to +/-70k short term.
This could see $1200 if BTC manages to go towards the 70k.
- Take profits along the way on this one, BTC will have plenty of 20-30% drawbacks the coming months. Buy back in on those moments. BCH will overreact both to the upside and downside. Be cautious.