✅BCHUSDT It did like we said yesterday!BYBIT:BCHUSDT
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Congrats guys! If you've been following the analysis and trading strategy as below.
Price already hit TP1!
As usual, don't forget to take some part of unrealized profit, do not miss you already gain!
Next, could hold it till TP2, and I'll update further TP later.
Keep following us!
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BCH
BCHUSDT keeps Converging and timing to open!/Trading strategy BYBIT:BCHUSDT
1H trend chart
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BCH has been consolidating in a convergence formation for a while.
We could notice there is a double pattern formed, and its neckline becomes a short-term support zone.
If price can break out the upper downtrend line , it's time to entry, and trading strategy as below.
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Profit Targets:
a) 618.45----Fib(1)
b) 632.3~637.95----Fib(1.272~1.382)
c) 669.45-----Fib(2)
Stop losses:
a) I'll set up if the downtrend line are taken out around here.
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If you like this analysis, give it a like and leave a comment below to share your perspective
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
BCHUSD LONGBCH is a great asset that has really seen a high price to a support level of 1644.33. After a downtrend, BCH had another bull run from 398.57 to 813.82. This has displayed the continuous power of buyers than sellers.
As prices approaches the 813.82 resistance level, will it be up for another bull run? Tell me what you think below
BCHUSDT Technical Analysis
⏳ Spot
💎 BCHUSDT has been making HHs and Hls in the ascending channel. Right now the price is at a very significant resistance and if it breaks above the resistance it could go much higher from where it is now.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 596.0
☕️ TP1 638.0
🍺 TP2 674.0
🍻 TP3 720.0
🍾 TP4 783.0
🍷 TP5 830.0
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 575.0
Good Luck 🎲
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💡Don't miss the great buy opportunity in BCHUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (596.1).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BCHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53
Take Profits:
TP1= @ 628.3
TP2= @ 680.0
TP3= @ 722.8
TP4= @ 787.9
TP5= @ 833.2
SL= Break below S2
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BCHUSDT a Cup and Handle is forming?/Trading StrategyBYBIT:BCHUSDT
4H trend chart
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Price has build a Cup pattern, and there is a potential handle in 4H chart.
If price can break out Fib(1) which is 625.85 and stand firm on it, the handle will be completed.
The cup and handle pattern is a bullish signal, so our trading strategy as below.
*Notice the pink zone, which is long-term resistance, probably give pressure on price, even there is a C&H pattern.
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Profit Targets:
a) 651.7~662.1----Fib(1.272~1.382)
b) 684.55----Fib(1.618)
c) 720.8-----Fib(2)
Stop losses:
a) 588----Red horizontal ray
b) 600.5----Red horizontal ray(for those who don't wanna take more risks)
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If you like this analysis, give it a like and leave a comment below to share your perspective or let me know what crypto you want to see!
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Have a nice trading!
BCHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price has gone out of the channel several times and has entered into the channel again.
At the moment, we believe that the price will be able to enter into the channel again and go to the bottom of the channel, if it is not supported.
We have to wait to see which way the price wants to move.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
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BCH Spring Locked and LoadedNot a holder of this crypto, but BCH/USD is one of the late bloomers this cycle and is completely poised for launch.
Full 4.236 Fib extension using Coinbase Highs and Lows predicts an absurd value of nearly 18k.
Regardless of chasing 18K, you can see that this crypto is locked and loaded - even with today's price movement it is still under the "spring" and is preparing for launch into orbit imminently. It would not shock me to see it re-testing the previous high a few months ago within 2 weeks, if this does take off I will look deeper and see if it is reasonable to think it will test the previous ATH at 4K from December 2017 some time later this month.
🆓Bitcoin Cash (BCH) Sep-28 #BCH $BCHBCH is very weak at 500$ zone so in next days it could fall down to 440$ zone and 380$ zone. Then it could generate a new rally up to 560$ and 760$ zone.
📈RED PLAN
♻️Condition : If 1-Day NOT closes ABOVE 0.2$ zone
🔴Sell : 500$
🔴Buy : 440$ - 380$
🔴Sell : 560$ - 760$
📉BLUE PLAN
♻️Condition : If 1-Day closes ABOVE 0.2$ zone
🔵Buy : 500$
🔵Sell : 560$
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
BCH/USDT ....... TRIANGLEBINANCE:BCHUSDT
Hello dear traders
the BCH is inside the triangle, if it manages to breaks
the top line of the triangle then it can rise to the
its top of channel and then rise to the resistance zone,
Bit it it manages to breaks the bottom line of the triangle
then it can fall to the support zone.