Bitcoin Cash Price Analysis: we expect BCH/USD to test $615 Bitcoin Cash has experienced yearly gains of up to 180% since January 1st, counting down to the second-to-last month of 2021. Thereby suggesting significant returns for cryptocurrency traders from the annual price opening of $342 to today’s daily high of $619.
BCH
BitcoinCash Ready for Breakout and Potential 500% from here.?#BCH/USDT TA Update :-
$BCH trading around $600
And Waiting to breakout $650
After Breakout $BCH will be fly.
Entry:- $550-$600
Targets:- $971/$1500/$2200/$3000
Stop Loss:- $490
Support:- $550/$490
Resistance:- $650/$971/$1507
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Target 540 reached, whats next ?#NCH/USDT Update:-
$BCH currently trading at $557
BCH has broken the ascending wedge around 625 and the 50MA did not hold
He did retest the previous descending channel around 540 as predicted.
He is now out of bollinger (4h) and broke the 200MA. He should retest the 200MA around 580 before consolidating for a pull back or not...
We will see.
What do you think ?
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Is BCH going back tp 540 ?#NCH/USDT Update:-
$BCH currently trading at $612
BCH has broken the ascending wedge around 625 and the 50MA did not hold
We have still the 200MA and 200EMA that can hold but we also can see a retest of the descending channel aroung 540
What do you think ?
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BCHUSDT : Can you break out directly ?
Click the pic to read last post and detail.
The price tried to break out but fail twice .
If price can go up above 636.7 and stand firm and we modify the SL from 567.7 to 589.7 with the same TP as below .
TP1:681.7
TP2:699.9
TP3:738.9
TP4:802.1
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🔥 BCH Break Out: Bullish Momentum Returns After 6 MonthsBCH has been trading in a bearish pattern for almost 6 months. However, with BTC making a new all time high today, BCH has finally broken out through the resistance line and is moving up quickly.
I'm looking at the $650 resistance to be broken before being 100% bullish. First major target is placed at $800.
Happy trading!
BCH/USD- Day trade Hello,
I have entered #BCH on a hourly day trade today. I entered at 622.65 with the target being $649.
This will be a 4.2% gain if target is reached.
The reason for this trade-
The price has broke above the hourly resistance and the H4 resistance. The momentum should help push the price up while being above the 9/20ma.
Good luck if you join.
BCH Price StandpointBitcoin Cash is holding steady above the support level of 600 as the bulls strive to retest the weekend’s high of 650. Since the beginning of the month, it has risen by about 22% having extended its rebound from below the psychological level of 500 late in September.
On a four-hour chart, it is trading slightly above the 25 and 50-day exponential moving averages. Besides, the formation of an inverted head-and-shoulder pattern, which is a bullish pattern, points to further gains.
In the short term, BCH price will likely hold steady above the support zone at 600 while gathering enough bullish momentum to reach and surpass the next target at 650.91. Above that zone, the next level to watch out for will be the prior resistance level at 675.61. However, this thesis will be invalidated by a move below the support zone of 600.
BCH ready to blast, probably parabolic really coming soon!! Technical analysis: #BitcoinCash (Daily update)
. Symmetrical Triangle Upside Breakout ✅
. BTCUSDT is breakout confirmation done as well as trading above the both MA's (21 & 50-
Day MA), and the beginning of parabolic uptrend is expected.
. The RSI is also TRYING to breakout its downtrend, if it could happen which give momentum bch from here.
. Golden cross could happen very soon that's means bulls are in full control the market.
Take Profits:
TP1= @ $809.5
TP2= @ $1176.4
TP3= @ $1649.6
TP4= @ $2282 and then it could really more then $5000
SL= below 500 usdt on daily closed bases
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#bitcoincash #crypto #nextmove #bullmarket #dailyclosed
Bitcoin Cash (BCH) - Structure and TargetsI present a study in BCH, using the weekly log chart.
Some structure with a rising Channel and Pitch Fan (wedge) overlay is observed with an Elliott Wave count applied demonstrating potential for new highs. A number of Fibonacci Projections are applied to align some possible price targets.
Do you think we are about to drop through the floor, or rally to a higher-high? Let me know in the comments.
Bitcoin Cash Medium Term Investment/TradeThe cryptocurrency has broken out from the triangle pattern, and as Bitcoin has already broken out and is nearing its all time high. It could be a good idea to go long on Large Cryptocurrencies Including BCH.
Risk Reward Ratio - 2:1
Target Price is place near future resistances, while Stop Loss is placed below major supports and previously lower trendline.