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BCH

Bitcoin Cash (BCH) Buy ZoneBitcoin Cash (BCH) Buy Zone -------------------- BIAS Mid-Term : Bullish Long-Term : Neutral Risk : Medium With the bigger picture remaining bullish, the shorter time frame picture has become pretty grim for the bulls. Currently ranging at around $290, Bitcoin Cash has reached the major long-term support we've been forming for the last 3-4 days and one that when broken trend-line will determine where we'll be heading to all targets for the next two weeks. -------------------- $BCH/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 270 - 295 TP 1 : 304 TP 2 : 317 TP 3 : 331 TP 4 : 360 TP 5 : 384 TP 6 : 405 TP 7 : 431 TP 8 : 472.5 Stop Loss : 244 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
3
Bitcoin Cash? More Like Bitcoin CRASH!Bitcoin Cash (BCHUSD) has continued to pull back lower and sharper. We have hit a support at around 262, which may be the final low for our GREEN primary pattern. Green Primary Pattern Breaking the December 3rd low tells us that we are now pulling back deeper in a more conventional 5-wave C-wave instead of a 3-wave zigzag. If we are done with the correction or close to done, we'll have a to see a sharp impulsive 5-wave structure up really soon! Seeing anything other than this would more or less invalidate the GREEN pattern. RED Alt Pattern Turning back up and rallying in a clear 3-wave structure would make it very likely that the RED is the primary pattern in operation. This would call for a corrective bounce back up before a much deeper crash to complete the larger impulsive C-wave down. However, I am seeing this as a smaller and smaller possibility as this leg of the pullback is getting too far stretched downward to be counted as only a 1st wave. Breaking below 219 makes it far more likely that the PURPLE pattern is in operation. PURPLE Alt Pattern Stretching directly lower would instantly make the PURPLE pattern our primary. While the chart shows BCH going as low as 115 or so, there are several strong Fibonacci confluences below, any of which could form a bottom. The 186 extension is the point at which the C-wave would be the 1.00 extension of the preceding A-B structure, and this is typically the strongest possibility for the end of a correction. Seeing any kind of impulsive 5-wave rally upward would likely signal the end of the PURPLE correction. Check out my YouTube explainer vid on BCH! I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels. #bitcoincash #bitcoin #cryptocurrency #bitcoinmining #bitcoinnews
KRAKEN:BCHUSD
by Critique-al-Thinker
BCHUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. Here is the S1 support line which the price has hit several times and was supported. Now also it is ranging close to it. You can set the Buy order at the S1 line and keep the Stop Loss. If it falls below the S1 line, then there would be more falling. You can sell half of your assets at the R1 line and the other half at the R2 line. If it breaks the R2 line then it can see higher prices. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
2
BCH - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. BCH is sitting around a strong support zone in green so we will be looking for buy setups. on DAILY: BCH is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, BCH would be overall bearish can still trade lower till the lower green support before going up. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:BCHUSDLong
by TheSignalyst
11