Bitcoin Cash (BCH) - January 15Happy New Year!!!
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The volatility around January 17th (January 16-18) has to watch for movements that deviate from the 454.59999980-574.28197715 range.
Specifically, you need to see if you can get support at the 501.0 point and climb along the uptrend line.
If it is supported at 602.96555936, it is expected that there will be a move to break above the 709.05000005 point.
If it falls at the point of 435.40010001, there is a possibility of a downtrend, so a short stop loss is needed.
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** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for 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)
** 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 or 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoincash
BITCOIN is eyeing 30000.00 20% Growth was expected from 25000.00BTCUSD
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⏳Daily chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
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Detailed analysis 💬
1️⃣ Bitcoin broke the previous high level-19700.00
2️⃣ Parabolic moves/Curvature support
3️⃣ 4000.00 acted as strong support
4️⃣ 25000.00 Dynamic support and resistance
5️⃣ Strong demand for crypto's (Bitcoin,Ripple,Tether,Etherium etc.,)
6️⃣ 127.20% Fibonacci around 25000.00
7️⃣ Technical support - strong bullish
8️⃣ 30000.00 will acted as key reversal-Bullish
9️⃣ 161.80% 31760.00 Decent upside swing target
🔟 Series of bitcoin halving and rising patterns
#️⃣ Overall trend- bullish
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📉 Technical bias-Day-Bullish
Price is below 50,100,200 Exponential moving average
Ichimoku cloud -cloud is still green-Middle line supports bullish trend
Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected (least chance)
Relative strength index - Reached around 75 - Overbought territory
MACD -Is still green and well above the signal line, Oscillators about to cross
Stochastic - Reached around 85- overbought condition will give a short term fall back expected
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Key reversal area's
25000.00 psychological level
617.00 Point of control area Volume analysis(least chance to reach)
19700.00 Previous time high
10600.00 50% Fibonacci retracement level
30000.00 Major resistance level
25000.00 Possible entry- Bullish
30000.00 Reversal area/Key psychological level/Key turn level
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Bullish entry #bitcoin #btcusd
Entry price - 25000.00
Take profit 01 - 27500.00
Take profit 02 - 30000.00
🚫 Stop lose 24000.00
⬆️ 20.00% Growth expected
⤴️ Account growth 4: 20
✅ Risk reward ratio 1 : 5
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BITCOIN 11% Jump was expected from current levelBITCOIN
In recent days the king of crypto has shows impressive upward rally and the total market and hash rate was exceeding the previous levels. Again we have identified a triangle pattern and the possible breakout was towards upward only. and we can see a bigger triangle breakout and preceded by the larger move
BCH/USDT in near futureHi every one
BITCOIN CASH / TETHERUS
BCH/USDT is about to form a head and shoulder which if it happens and the neckline breaks we shall see a decrease in the price otherwise we won't see the fall of price.
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.
Next Impuls at #Bitcoin? #crypto #BTCUSD #tradingviewThe movement from yesterday's low already looks Impulsive and can be counted 5 wavy.
Correction of wave 2 stopped today at the 61.8%.
Currently, therefore, the starting shot of the wave 3 could run.
Idea deposited in the chart but with increased risk.
Sl on today's daily low.
Target is a new ATH.
Greetings
Stefan Bode
BCHUSD Consolidation Around $435 - $482Bitcoin Cash hit all our TP levels hitting $482, $515, and $630 to a Tee before pulling back all the way down and wicking $404 to a Tee. Who knew you could hit so may tee's without swinging a golf club ahaha
Not joking, not only did BCH wick $404 to a tee, but it hit and held this uptrend as well as the $435 weekly level. From here, the dump on BCH is over and we can start looking at long targets moving forward i'm looking at:
TP1 🎯 $482.50
TP2 🎯 $515.90
Re-entry would be along $435, although i'm not sure if we'll se that again as BCH is still creating higher lows. We will see BCH surpass previous highs and beyond moving forward, it'll just take a bit of time to fully reverse and reach those previous levels. Stay patient and trust the charts
BCHUSDT Price Outlook 11 January 2021 — BCH SIDEWAYSHello, in this short video review, we looking at Daily, 4H and 1H timeframes for BCHUSDT.
Price fall from $600 and now will probably make sideways in 500 zone.
Personally I don't like trading BCH and my advice is to avoid it.
Like and subscribe appreciated!
BCH 1D Strong buyer is gaining position for a long time, up soonIt seems that large BCH investors still have big plans for growth.
Otherwise, we do not find another logical explanation, looking at the accumulation of coins during 2019-2020.
In 2019, the coin was sold twice above $380 , fixing the profit.
However, during the 9 months of 2020, the coin was very diligently bought in a narrow range.
Also, at the end of 2020, there was a break of the historical purple trend - up , which stretches from a high $4,000. The beginning for strong growth is laid.
Now it is important for BCHUSDT buyers and manipulators that the price does not fall below $360-400 , we take the average value, the level of $380 and record it in memory as the most important mark.
If the bullish scenario continues, it will be possible to buy tasty in the above-mentioned zone.
We will fix 300% profit, around $1200 for the BTC fork - BCHUSD.
PS:
We wrote about a possible BTCUSD cost fall two days ago in the weekly digest, read it in full)
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Bitcoin Cash Trade Signal [BCHBTC](165%)Here is a full trade signal for Bitcoin Cash (BCHBTC).
This is similar to Cardano in the sense that this is one of the TOP10 altcoins.
We are going big... 160%+ potential profits.
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BCHBTC
BUY: 0.01210 - 0.01370
NEXT SUPPORT: 0.01070
TARGET:
1) 0.01415
2) 0.01640
3) 0.01800
4) 0.02005
5) 0.02222
6) 0.02580
7) 0.02950
8) 0.03545
STOP: Close weekly (w) below 0.01050.
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This is not financial advice.
All the information shared here is intended only for educational and/or entertainment purposes only.
BCH to Mimic ETHThis idea is simple. Can you see what I see?
Bitcoin Cash is breaking and looks to close beyond its previous high of around $475.
This chart looks very similar to what we have witnessed so far in the Ethereum cycle and the Wallstreet Cheat sheet guide.
I am a buyer here of BCH from a technical perspective.
Things could get very parabolic soon. Bare in mind that this is a weekly chart.
BCH may give buyers another chance to get in on support and resistance flip (Just like ETH did at $283)
However, ultimately, the move is clear up to $2500 and beyond on BCH
BCH at a solid resistanceHello guys,
Quick update on the price of Bitcoin Cash (BCH). The coin is now sitting at $594 after reaching $630 in the early hours of trading. The zone in front of bulls represents a solid resistance cluster from back in the day. I'm talking about the $630-$660 zone that combines both daily and weekly timeframes highs. A break above that level will open the door for $850.
Down, I will be looking for support near $570 and $500.
It is quite possible for the price to revisit $570 and consolidate before re-attempting to surpass the above-mentioned first level of resistance.
I'll be watching how the price evolves from here, updating you accordingly for entry levels.
Regards,