BCH - Ready for $1750? Hi, this is my new update for BCH. 4 days ago we lost our support level around $1300 and we tested the previous top around $1160 and it held very well. Now we have made a beautiful double bottom and we are battling against the resistance level $1300, so once we break it we are going to test the next one around $1500-1550 and if we break that too, then the next one is very big an it is around $1750. If we break the resistance $1750 then we are ready for ATH. So be prepared and don't panic ;)
BCH
Bitcoin cash attempts recoveryAfter the disaster caused by panic selling it is normal that there is an attempt to recover.
On Bitcoin cash there seem to be no particular obstacles to reach a sizeable price of USD 1608.
The only problem is that the market sentiment at the moment is very poor -0.88 means that for a few hours the price will probably have difficulty to rise.
This can be a good price to start taking positions without exaggerating.
My advisor Marketmiracle generated an entry notice at the price 1223 usd with target 1608 usd, I will probably wait a few hours and further confirmations before taking a position.
You can see all the input and output signals of my Marketmiracle advisor at marketmiracleadvisor.com
#bitcoin dominance... how this decade could play out... what are your thoughts
this would actually be healthy
and support my longer term views of increasing adoption
#stablecoins
#defi
#doge
#ltc
#xrp
and many other #alts will continually chip away at the #godcoin
it still may reach insane #USD numbers including John McAfee's $1 million dollar prediction
But space is growing faster than Bitcoins inflation rate, lol ... and BTC can only get so many people excited.
What if #coinbase releases a token, apple and so on...
🔥 BCH Wedge ContinuationBCH has been trading in this wedge for over a month now. In the last two days, the support of said channel has been hit twice. Potentially, the price could reverse soon and continue the wedge pattern.
Classically this is a bearish pattern. However, the pattern is long from completed, so we can ride the next bullish wave to the top of the pattern.
Happy trading!
BTC USD from my old charts when price going up we say eth to 20k and when 5% 0r 10% price going down we think to btc 20K !
all bad news and good news that we making it .
i think it is a correction .
so relax and find where to inter again.
in this week definitely correction and next weeks
price fluctuation
ETC leading major alts parabolic rise. All these alts yet to go.First things first, click the like button and give us a follow if this interests you. Comment below and let me know what your thoughts are.
ETC is leading the rise of these 8 alt coins.
These other 7 alts have yet to go on a parabolic rise.
Other major alts like ETH and ETC have already gone above their previous AllTimeHigh, as you can see these 7 have not gone anywhere near their previous ATH.
Targets on each chart are the yellow horizontal lines on way to previous ATH.
Will they all do what every other altcoin has done and go parabolic to it's previous ATH and/or above?
Happy trading legends!
HTBB
Check out my analysis below to confirm my strike rate.
Most correct crypto analyst on Trading View, oh........ and earth!
BCH Potential BreakoutIf it continues down the pattern in between the white lines, expect a breakout near where the arrow points. Wait for a clear breakout to buy-in. If it goes bullish, my price targets are there. If it goes bad, it could hit the red line. Although I am very confident it will go up.
Long on Bitoin Cash - Realistic Target 8000-12`000 This is the fourth cycle in Crypto-currencies. Each cycle has a 3-4x of previous high.
The Third Cycle was in December, 2017; BCH ATH was at 4000 US Dollars, Bitcoins was at 20k, ETH 1.6K, LTC 360 US Dollars, ETC was at 44 USD Dollars.
Bitcoin, ETH, ETC went already 3x from previous ATH, LTC just went over the previous ATH, while Bitcoin Cash against BTC last week after a year and half, showed a BUY SIGNAL in SUPERTREND indicator and that lead to a price being pumped for 50% and at the same time, BCH went over the EMA RIbbon against BTC.
BCH against USD is also very bullish, the first resistance is 1,5k, second resistance 2,4k and third 4k.
My personal realistic target is 8-12k within 2months, we could see a price even higher but it is dangerous to wait. I will personally sell at the range of 8-12k.
BCH - Another Leg up continuation on its Massive PumpBCH - Bitcoin Cash is a fork (variant) of bitcoin that was branched off in 2017. The technical difference between Bitcoin Cash and Bitcoin is that Bitcoin Cash allows larger blocks in its blockchain than Bitcoin which, in theory, allows it to process more transactions per second.
BCH has underwent an insane run from 683 to 1611 from 23 April in mere weeks, now we see cup and handle formation playing out, and the formation of bullish pennant/flag where it hit an ATH at 1611 and pulled back to find strong support at 0.618 fib level ( 1250-1265 ). This area has held up 4-5 times, with strong bullish action upon touching this support zone. So now we anticipate a breakout of this bullish flag out of the top resistance line, good entries are at the bottom of the flag where the support is at 0.618 fib around 1308 - 1257. From here we look to target firstly the ATH at 1611, next target will be 1930 (the extension of the bullish flag confluence with the target of a completed cup and handle formation) at 1930 and the 1.618 fib level at 2185.
Entries at 1257 - 1308
Targets are 1611, 1930, 2185 as described above.
Stop loss according to risk appetites : 1174, 1103 or 1050 (in the 0.5 to 0.382 zone where we see strong support lines which were previous resistance)
Analyzed BTC, ETH, BCH, HBAR, EOS, LTC, XRP and DOGE | Enjoy ;)NSENG:ACADEMY
Hello everyone 😃
We tried to analyze some of the trending coins for you dears to use it on your trading plans !
Hope you all enjoy it 😉
I will start with BTC -> ETH -> BCH -> HBAR -> EOS -> LTC -> XRP -> DOGE.
BTC/USDT :
BTC is currently at no trade zone, There are many pressure zones and we can't select a correct direction for it.
But based on our data; BTC is generally bullish on 12H timeframe, So the most possible direction will be another reach on 59K after a retest on lower trendline.
🔴 Any engulf below 52K will makes BTC more bearish !
ETH/USDT :
ETH is at resistance zone which is located at FIBBO level. Any close above this level will confirm $4700.
But on low TF, ETH remains bearish until it breaks $4255 level !
So Be careful of your funds on ETH, Also there was a formed H&S which is invalidated now.
BCH/USDT :
BCH is at the verge of bullish cross, But there is a stiff resistance above which can rejects BCH if others ( other major coins ) don't go up in next hours...
Also there is a chance for fake-out on it ! So better to watch ETH's current resistance and BTC's closes above current order block.
I really like to have a retest on lower levels for BCH; $1800 is confirmed already for BCH...
📌 You can set your bids at green mentioned zones !
HBAR/USDT :
Personally, I'm seeing HBAR as a greater technology for crypto; So that's why it's in my watchlist !
Anyway, HBAR retests demand zone and now it's trying to climb for bearish order block.
Also It remains bearish on technical indicators for short-term, So another retest on bullish trendline is very expected.
EOS/USDT :
I'm not very sure about EOS, It's remains bullish without any excuse !
Current level is suggested as a stiff resistance zone; Sadly I expected that EOS will show more low wicks...
But it didn't went on my plan. Now I'm waiting for a rejection from this level or a breakout above this level !
Both of them are considered as a great opportunity for scalpers and swing traders...
LTC/USDT :
LTC is lovely here, I'm just searching for any retest on lower levels; Which is really expected for next days...
I'm still believe in my final target around $700 in next 4 weeks ! So I will set my beads at lower demand levels.
XRP/USDT :
There are two possible directions for XRP, It's seems that XRP is moving into a falling wedge, So it's generally very bullish...
Any close above wedge's higher will confirm XRP's $2 in mid-term and higher levels for long-term.
Otherwise we'll see a lower retest to $1 bullish order block zone. After that I will aiming $2 again !
DOGE/USDT :
DOGE is no more staying in a bullish scenario for now. It rejects 50% and 68% retracement on FIBBO's bullish wave, And now it's moving around 70% on FIBBO's bullish wave.
But on bearish wave, It seems that DOGE has retested FIBBO's 50% level and now it's standing below 38.2%.
So any rejection below $0.4 stiff support zone can make this opportunity for bears to push it around $0.3 level !
Bulls can take the lead one more time for DOGE if they manage to break current bearish trendline...
Hope you enjoyed our multiple analysis about 7 crypto currencies in my watchlist🙌
You can support us with your likes.
Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
BCH worth Paying Attention to even NOWGood day fellow traders,
Even dough BTC is doing its own thing. For a quick day trade, maybe a swing its worth looking at BCH here. There is some nice consolidation the last days, with less volatility than most other alts relative to BTC .
This could indicate strength, somebody is still buying, even if the larger market is selling in crypto.
Buy at the bottom of that channel $1300 area followed by a sharp SL.
Pay attention to the resistance zone! When you are in the right position you should be in profit by then.
Monitor the daily candle tomorrow for more confirmation of the strength and bullish momentum.
Levels indicated on the chart,
Good luck to you all
This is not financial advice
Bitcoin Cash - Perfect Rejection! 🔥Our previous analysis played out for BCHUSDT PERFECTLY. We were expecting a rejection of the previous high after a breakout and we got a wick rejection! Price looks to be in a parallel bull flag for another move higher. Next area of interest is the 1836 level where price previously reacted. When we get there, we will reanalyse and update you all.