BCHUSD Bullish Breakout Above 389.31Hello,
COINBASE:BCHUSD is poised for further bullish momentum if the price crosses and holds above 389.31. If not, support levels are likely to be tested again.
TradeWithTheTrend3344
BCHUSD.P trade ideas
BITCOIN CASH - Buy IdeaThe hard landing right on top of the key-level at $347 suggests that the local technical correction may be over. We're picking up the Bitcoin Cash, targeting the next resistance of $391.7. Stay tuned...
BITCOIN CASH - Buy IdeaStrong support is coming in at $347. We believe price action is gearing up for an upside reversal. Our profit target is at $391.7
BCHUSD Poised for Bullish Breakout Pending Support TestHello,
COINBASE:BCHUSD is approaching a test of the 1D support structure, and if the support holds strong, we could see further upward movement. Gradually, the price is climbing, positioning itself for more bullish momentum. As long as the 1M pivot point (PP) holds as support, the bullish trend remains intact!
TradeWithTheTrend3344
BCHUSD Set for More UpsideHello,
COINBASE:BCHUSD is likely to experience additional upside. If the price breaks through and maintains a position above the 1D pivot point, we can expect further upward movement!
TradeWithTheTrend3344
My point of view for BCH Dear Follower
I got a multi request to analyze BCH
I see BCH most likely will hit $9000 easily
I recommend liquidate 50% of your fund at that price then start use a trilling stop under each last new bottom for the rest of the fund
Good luck everyone
BCHUSD great swing setup at $112$112-$117 seems like a sweet spot for CRYPTO:BCHUSD — there's an untested weekly level.
Not a financial advice.
Okay, see ya!
Bitcoin Cash
Bollinger Bands: The price is currently near the lower Bollinger Band, indicating potential oversold conditions. If the price moves significantly below the lower band, it may signal further downside, but if it begins to rise from here, it could indicate a bounce back toward the middle or upper band.
Moving Average: There is a moving average displayed in blue. The price has been fluctuating around this average, but it is currently below it, suggesting bearish momentum. The moving average acts as dynamic resistance at the moment.
Volume: Trading volume appears relatively low over recent sessions, which could mean that this consolidation or downtrend may continue unless there is a significant increase in buying or selling pressure.
Trend: The overall trend on this chart is bearish, as the price has been making lower highs and lower lows. However, it's currently in a consolidation phase.
Resistance: The upper Bollinger Band near $360 serves as immediate resistance. If the price breaks above this level, it could move towards the next significant resistance near $380–$400.
Support: The lower Bollinger Band and recent low around $273–$280 seem to act as strong support. A breakdown below this area could lead to further downside.
Bearish outlook currently dominates the market, with prices sitting near support.
A break above the moving average or upper Bollinger Band could signal a potential bullish reversal.
Watch for an increase in volume for confirmation of any strong price movement.
Potential Downside for BCH/USD Before Upside ConfirmationHello,
BCH/USD is expected to experience additional downside before showing any upward movement. If the price manages to maintain a stable position above the 1-day, 1-week, and 1-month PP, it could signal a potential upward trend. Currently, the price appears set to retest the 1-year pivot point and support structure.
TradeWithTheTrend3344
BCH/USD * BITCOIN CASH - EWP FIB TC BIWEEKLY TF ANALYSISGiven the current wave structure, BCH appears to have completed a significant WXY multi-zigzag downward correction, and it might now be in a upward phase within the green channel.
If BCH continues upward, it could challenge the next resistance zone around $664 or higher, especially if it maintains its trajectory within the green bullish channel.
Alternatively, a break below the green channel would signal a potential return to lower levels, with $245 or even $175 acting as intermediate support points before any retest of $88.
BCH/USD "Bitcoin Cash" Bullish Robbery plan to steal the moneyHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist BCH/USD "BITCOIN CASH" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
BCHUSD / INSIDE ACCOMULATION ZONE - 4HBCHUSD - 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level at 322.79
Upward Condition : If the price remains stable at the turning level at 322.79 , it is expected to rise toward the resistance level of 355.50 . Should it hold above this level, a tend to further rise to reach resistance level at 400.97 .
Downward Condition : To reach the289.29 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 322.797 . If it stabilizes below support level (1) , a further decline toward the support level (2) at 264.16 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 355.50 .
RESISTANCE LEVEL (2) : 400.97 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 289.29 .
SUPPORT LEVEL (2) : 264.16 .
TURNING LEVEL : 322.79 .
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BCHUSD ( UNDER DOWNWARD PRESSURE ) ( 4H )BCHUSD
HELLO TRADERS
Tendency , the price is under bearish pressure , until trading below turning level at 342.80 .
Turning Level: The price is currently trading below this level around 342.80 . As long as it remains stable and stays below this level, a drop toward the support level (1) is likely . However, if the price breaks above this level and a 4-hour candle closes above it, an upward move toward the resistance level (1) can be expected.
Resistance Level (1): around 371.54, The price is currently below turning level . To reach this level, the price needs to break and close a four-hour candle above the turning level at 342.80 . If the price reaches 371.54, and stabilizes above it, it will likely attempt to reach resistance level (2) .
Resistance Level (2): When the price breaks through Resistance Level (1) and closes a 4-hour candle above it, this suggests it could reach around 402.00 . To confirm an uptrend, the price needs to reach this level before moving on to Resistance Level (3) at 448.76 .
Support Level (1): As long as the price remains below the turning level of 342.80, it suggests a drop towards 309.33 . If the price reaches this level and stabilizing below it, it will likely attempt to reach Support Level (2).
Support Level (2): When the price breaks through support level(1)and closes a 4-hour candle below it, this suggests it could reach around 285.31 . To confirm a downtrend , the price needs to reach this level before decline on to support Level (3) at 250.56 .
Channel Trend: the trading rate within the ascending channel .
TARGET LEVEL :
RESISTANCE LEVEL : 371.54 , 402.00 , 448.76 .
SUPPORT LEVEL : 309.33 , 285.31 , 250.56 .
BCH/USD Shows Bullish Potential, Needs 1M Pivot SupportHello Everyone,
BCH/USD is signaling potential for further bullish momentum. We need the 1M Pivot Point to hold as support to drive the price higher. The recent price reaction from the 1W PP was encouraging, suggesting the price could be poised for another upward push.
TradeWithTheTrend3344
BCHUSDBCHUSD
Overall Trend : The chart shows a bullish surge in February-March, followed by a gradual downtrend since the peak in March.
Price Range : The price ranged from a low of around $212 to a high of about $719 during this period.
Key Levels :
➢ Support : There appears to be support around the $300-$320 level.
➢ Resistance : Major resistance was met around $700-$720.
Moving Averages : The chart includes two moving averages (likely short-term and long-term). There were several crossovers, indicating trend changes.
Volume : Volume spikes coincided with major price movements, particularly during the February-March rally.
Volatility : High volatility is evident, especially during the sharp price increase and subsequent decline in February-March.
Current Situation : The price is currently in a consolidation phase, trading sideways with lower highs and higher lows, possibly forming a triangle pattern.
Indicators : While not explicitly shown, the chart includes what appear to be Bollinger Bands, which have been contracting recently, suggesting decreased volatility.
Market Structure : There are clear areas of accumulation (sideways movement) followed by distribution (price drops).
BCHUSD BUY IDEA Dear friend and followers on Tradingview
See my analysis on BCHUSD BUY..
Check and edit for retest and BUY.
Good luck
Bitcoin Cash Price Action SoonBitcoin Cash is setting up it's micro retract beautifully.
If this coin triple bottoms at $90, I would be inclined to pay attention. BCH is volatile and loves volatility funnels, it always follow fib retracements.
If BCH closes at $90 within the next few months (this month?), the micro retrace to the upside is almost identical to BCH's macro target at .50 fib retracement;
that target zone is $883
$1068 is the .61 target.
This macro/micro target is based on Binance's chart history on Tradingview.
The true macro target is much larger based on other exchanges true BCH history - a different chart.
Bitcoin Cash update after the break of the 400 levelSo the idea worked out nicely and we cleared the 400 zone.
What's next? Well, watch the video idea.
CRYPTO:BCHUSD EASYMARKETS:BCHUSD
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BCH is bullishBitcoin Cash, a prominent player in the cryptocurrency market, originated in mid-2017 as a hard fork from Bitcoin to address transaction speed and scalability issues. While some analysts are cautiously optimistic about Bitcoin Cash's future performance, others point to the uncertain regulatory and economic landscape as factors that could significantly impact its trajectory.
BCHUSD(Chart of the day)Horizontal trend line- $405
Downtrend channel resistance- $392
BCHUSD has performed well after a minor sell-off.
Any daily close above $390 confirms further bullishness.
The pair traded weak after forming a minor top around $525 on May 21st, 2024. Any major trend reversal can happen only if it closes above $525.
BCHUSD prices have surged more than 20% in the past three days. It hit a high of $423 at the time of writing and is currently trading around $418.59. The pair holds above the short-term (21 and 55-day EMA) and above the long-term moving average (200-day EMA).
The near-term resistance is around $432, any indicative breach above will take the pair to $466/$500/$525/$600. On the lower side, immediate support is $380, and any violation below targets $345/$300.
Indicators ( 4- hour chart)
Directional movement index - Bullish
It is good to buy on dips around $400 with SL around $340 for TP of $524/$600.
Bitcoin Cash looking bullish!BCHUSD on the weekly timeframe is looking bullish. It appears we may have a golden cross happening, with the 50 weekly (green line) about to cross over the 200 weekly (red line) moving average. Also, BCHUSD broke out of a descending channel to the upside further bolstering a bullish case. The monthly looks like it will close as a bullish pinbar too. I think its reasonable to see BCHUSD move upwards toward the $490-525 zone.
What concerns me is a lack of volume on the weekly and monthly timeframes. Overall though, things are looking good for Bitcoin Cash!
Let me know what you think.
