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BCHBTC

Overview of accumulation breakout patternsWelcome to my new educational post As you can see in BCH/USDT chart, One weekly green candle is enough to overcome 1 year of bear/consolidation zone !! If you are surprised, let me tell you this is very normal behavior in crypto market as we saw this happened many times before Another example : DOGE / USD When to expect a coin to explode like that ? The accumulation pattern have many stages 1- After a period of bear market starts to deccelerate the price action becomes flat and usually take long time of horizontal accumulation between main supply and main demand (weeks / months / years ) 2- Multiple fakeouts can happen to make both buyers and sellers exhausted *The best buy (smart money) after the price reclaim the main demand after stoploss taken the second best buy after valid breakout (candle closing) The shorting is the vice-versa 3 - Finally the strong breakout take place and overcome many weeks / months or even years of bear / consolidation/ accumulation zone 4- After the coin make breakout many traders will avoid it in the early breakout but it will continue rise and rise ..and every time it rises more it becomes more risky Later it will turn to be crowded coin and many newcomers buy it at very high prices at this stage it becomes a gamble and MM will sell their profits on newbies Note : The distribution phase is the opposite of accumulation phase Note : not all coins can survive bear market, So the fundamental view has great role to support the coin I can tell you about potential coins in accumulation now which have chance to do similar thing : #FTT - #DYDX DO you know another potential coins in accumulation ? Tell me in comment section below ⬇️
Education
by Babenski
49
BCHBTC LONGTake a look guys, falling wedge since its creation. 2 years and a half of going lower against BTC. But that's about to change now. BCH has huge potential, many believe it's just a scam coin or similar. That's not the case, the development behind BCH is huge, only ETH has more developers. Big innovations are expected for this one, especially the avalanche protocol. Also an another fundamental reason is the halving happening in 114 days by now. In my opinion considering the previous halving events for BTC and LTC, this could propel the price much higher, something which should happen with a local top around the end of march or early April. Right now we are almost at historical minimums against BTC. Bear in my mind BCH halving comes before BTC, therefore whales will try to maximise their profits by first riding the hype of BCH then the hype of BTC. From a technical point of view you can notice that BCH is knocking on the upper line of the channel, that means it's drying the sellers and trying to propel higher. Given that BCH has a history of big explosions towards the upside, IF it breaks accordingly we are gonna see huge volatility. BCH/USD is at 5% from it's ATH against USD, the months before the HALVING, LTC reached a 30% value from it's ATH, if this was the case for BCH (it doesn't have to be, because past events don't correlate with future) we could see it around 1200$ before the halving. It sounds crazy but it could be the case. Do your own research, don't read just one analysis. I am not a financial advisor, this is for educational purpose only.
Education
by darkpiggie
BCH: Perfect S&R Zones!..both for a bottom fishing trade, and for the future breakout. If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :) Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
COINBASE:BCHUSDEducation
by Edgy_
Bitcoin Cash (BCHH19) 122.5% ROE 10X Lev Set UpI am looking at a set up for Bitcoin Cash (BCHH19) on BitMEX... The charts are starting to look bullish and a breakout can potentially happen soon. On a Sunday, I can see a break above EMA10 happening now with increasing volume. Both the RSI and MACD allow room for this move. This is a signal in the making and very early... Price has gone flat, indicating a support. If a break happens to the upside, we can expect the last peak to be tested and even higher if enough momentum can be garnered by the bulls. Conditions for change: A close below 0.0330 would invalidate these early signals. Note: This is not a piece of trade advice. My trades all contain buy-in, targets, stop-loss and additional informaiton. Take a look at Monero (XMRBTC) and Loopring (LRCBTC) in the related ideas below as an example. If you want to see a full trade for Bitcoin Cash (BCHH19), hit LIKE to let me know. If enough people hit like, I will share a full high risk, high leverage, high ROE trade. Thanks for the continued support. Namaste.
BEducation
by AlanSantana
1
How I've been trading BCHWe all know what's going on with BCH and BTC. I'm not entirely sure where we stand, so there's not much I can say, unrelated to my chart. Here is what I notice: Bollinger bands contract when preparing to break out, this is very common with Bollinger bands. When price starts going up, buyer volume slowly increases in a near-linear manner. When sellers come, seller volume slowly decreases, and decrease of volume is increased as gets closer to next bull cycle. RSI shows oversold on all 3 "correction" bounces, before it started going back up. You can use that for a signal of potential upward movement. We've had a few falling wedges and pennants since yesterday, you know what those do. See how you can use this.
KRAKEN:BCHUSDEducation
by JCBCrypto