BCH
BITCOIN (UPDATE)Bitcoin is rejecting from $48000 again.
BTC forming a symmetric triangle and now near the lower support line.
It needs to bounce from this support line and follow the path shown. There is still some room for the decision time.
A 4H candle close below $45300 will invalidate the triangle and we see downward movement.
🔥 BCH Bullish Continuation ExpectedBCH has seen a tremendous upside move over the last couple of weeks. With BTC currently seeing some sideways action, it's to be expected that BCH will go down a little.
I'm expecting the yellow area to function as an area of reversal, which will function as a spring for a move towards the green area of resistance. First target is $800.
Happy trading!
BITCOINBitcoin was in the range 48050 - 45660 for 24 hours.
Straits to 45000 are quickly redeemed, at the time of writing the review the main cryptocurrency is trading about 46400.
We see on the price chart that Bitcoin has moved to a decline after it came out of the rising wedge. The bit approached its support zone at (45300 - 46300).
If we break through this zone, we will move further in the range (41000 - 45000) until we move on to growth.
If we can't break through the resistance and consolidate above 48000, we will start reducing. We broke through the resistance, but we could not keep at this level and began to fall, the local minimum to which reached the price of 45239.
The daylight candle closed below 46000, which means that there are every chance to go to 43000 - 42000 in the near future if there is no positive. But I have already said that this situation will not last long and until the end of the month we will see a bit of 50000 or higher, and a small correction is even useful for the market.
P.S. Today if Bitcoin cannot consolidate on 47000 or higher, we can go back to the levels of 45000 - 43000. Care and fixation above 47000 will return the price to the resistance zone by 48000.
BCH/USDTBCH going great and reached $709 today. Our buying is from $550 - $565 and we already mentioned that chart looking good and we may see a good rally.
BCH is now more than 25% above from our entry. Increase your stop loss to $640 area.
It has major resistance are near $730.
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Bitcoin cash , green trend starts ?hi friends and bitcoincash lovers , dont forget to push like button ! here you see bch.dominance chart , previous one goes very well with XRP lol
93 days red in bch dominance and now i see some strenght and trend reversal signs , macd bearish getting weak , we have positive divergence in rsi , also first parabolic bullish star appeared , i expect bullish wave starting soon and lasts for days
ARDR/USDTIt has been Accumulated over recent period and not showed up any significantly move in recent market but looks like Whales accumulated enough for next big pump and it is Whales favorite coin which always pump bigger in shorter time frames so have your sell targets as well.
I have marked the targets and stoploss on the chart.
BTC (Update)The price faced an extremely strong bearish reaction at the $48000 level. We need to break this resistance to climb above the $50000 level.
There are two strong support levels: $45000 and $46700, these two can be retested before breaking the marked resistance.
In case these supports are also not strong enough, we would fall deeper. This is GOOD, as we will be able to buy more Bitcoin near the $42000 level.
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BCH - What happens next? Hi, this is my new update for BCH. In the last 3 weeks BCH has risen around 70%, but now we have broken the resistance 650$, SMA100 and SMA200. If we close todays candle above 650$, then we are good to go and the next target is 710-720$. We have 3 resistances between 720-840$, but once we break all of them, then we have a big gap to fill it up between 860-1050$ (Easy gains). Compared to the total market cap, BCH must be around 900$, but unfortunately BCH is always lagging behind. So be patient and don't panic ;)
BCHUSDT Technical Analysis
Welcome back Traders, Investors, and Community!
BCHUSDT on H4 is moving along the Ascending Channel. It is expected to break above the channel and continue it’s way up to 735.91
⬆️Buy now or Buy at 592.44
⭕️SL @ 539.26
✅TP1 @ 735.91
✅TP2 @ 888.82
✅TP3 @ 1031.78
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BCHUSDT🌟why is the entry point lower than the current price? the answer is there is a pattern forming which makes the chart lose some value and correct itself so that's our golden point of entry point to enter in lower prices
🌟can BCH be as successful as BTC ? at the time being not yet although all the blockchains are the same but there is more effort and more focus in BTC but as an alternative plan in long term this alt can shine more than you think of or your imagination
🌟why investing BCH rather than BTC ? we never told that a portion of your bag is always the BTC which moves the market but if you have some in BCH you can participate in getting profit while the BTC dominance is lowering time to time from alts
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BCH in the support zone for a break out Bitcoin cash in the support zone currently for a break out. Watch out for support around 700+ dollars. We the 10 day ema is crossing over the 20 along with the 50 and the 100 is near too. Previous following trend line shows support for upwards to 1,000+ with a few pull backs along the way I'm sure. The long "W" formation is closing to breaking the retrace should be some some really nice gains if we can see support above 700+. Keep your eyes peeled.
CHR/USDTCHR breaks the long resistance of $0.3 and also did multiple retest. The next major resistance is $0.43-$0.47 area. You can add some CHR near $0.33 with a stop loss of below $0.29 area. NFT is still a hot trend and we may see upwards movement in CHR.
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