Bitcoin Cash was created as an alternative to the first and most valuable cryptocurrency — Bitcoin (BTC). In 2017, BCH developers modified the BTC code, releasing their software version and a full-fledged competitive product, which split Bitcoin into two blockchains: Bitcoin and Bitcoin Cash. Bitcoin Cash is a result of a hard fork in the blockchain due to...
From where we put the "start" on the chart, it looks like a triangle is forming. The depth of wave D is high, which strengthens the possibility of forming a triangle. It is expected that we will have a return from the green range to the red range and then the main drop will occur Closing the daily candle above the invalidation level violates the analysis For...
The falling wedge retest is completed, Bitcoin Cash started its bull run in June 2023. Long entry: 6600 sats Take profit: between 0.60 / 1.2 btc This is my personal opinion and this is not a financial advice! Good trading!
#BCH The price is moving within a 1-day ascending channel pattern, which is a retracement pattern We have a bounce from a green support area at 405.00 We have a tendency to stabilize above the Moving Average 100 We have an upward trend on the RSI indicator that supports the rise and gives greater momentum Entry price is 466.05 The first target is 571.10 The...
Hello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the...
Lets take a quick look at the BTC pair in LOG SCALE: Consider this to be pornographic chart content BCH is gonna finish a 5+ year long falling wedge after hitting exactly 2.618 fib level Once this break out, its gone with a BOOM ! Hold my beer pls ---- No financial advice, do your own research, don't be stupid
BCH has been a one way trade since those heady post fork in 2017 But at this point time there is an argument to be made in having a punt u got a fairly low defined risk --- where u must exit and call it a loss but there is upside potential , that suggests the risk may indeed be worth it. Higher low , excellent pull back into a fib reload zone gotta Risk...
#BCH We have a strong ascending symmetrical triangle and inside it another ascending triangle that has been positively broken upwards. Currently the upper boundary of the triangle has been broken. Expected growth of the pair with correction before completing the ascent Price Now 248.50 First Goal 278.40 Second Goal 325.90 We have oversold on MACD. And a strong...
The price structure is bullish. A resistance range has been strongly broken, but we did not have a pullback on this range. It is expected that if a pullback is made at this level, the price will jump higher. I specified the targets on the chart. Closing a daily candle below the invalidation level will violate the analysis Note that the financial market is risky,...
BCH is strong and is rising, while BTC is currently down. Why is that? If we take a look at the price action, we can see that it very much differs from the BTC price action in many ways. We have had a range that broke up, and the price is currently almost at the previous major swing high from June 2023. My Elliott Wave count suggests that we should see a huge pump...
Another week and another free sharing from the TTR most recent #cryptocoin pick update: Bitcoin Cash is another quite undervalued token. The breakout level sits at 329.50 followed by a main breakout zone resistance at $400-410 I don’t own much of this coin, only 20, but I see great potential here if 1450 is broken to the upside. A test of the 1400-1450 zone will...
According to the reviews we have had on the chart, we have determined the high and low liquidity pools. The liquidity pools of the upper area have been swept and candles have hit SUPPLY. Now there are two TPs ahead of the price. We have liquidity pools in the lower areas. To achieve TP 2, it is necessary to break the range of TP 1. TP 2 range is a suitable...
Bitcoin Cash was in a falling wedge for nearly five and a half years before it broke out of it back in June of 2023. Presently, it is re-testing the top of a dashed-line wedge drawn from wick to wick and has failed to reach the top of the solid wedge drawn from the line chart. Holding above the wedge could lead to an approx 5.25x move against Bitcoin from its...
According to the BCH chart, it looks like a flat pattern has ended with a terminal c. Another bullish wave should emerge. The price targets are clear on the image. Fixing a daily candle below the green range will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and...
The rise occurred from the historical bottom in a strong driving wave, followed by three corrective waves. A third wave, a strong and final rise, is expected for the shaded area above. All data is shown on the chart. Good luck
The strength of the bearers has been taken and the downtrend has weakened A triggerline has been established and we have also had a bullish CH and orders have been received from the DEMAND zone. Price is ready to move towards TP. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
◳◱ On the $BCH/ CRYPTOCAP:BTC chart, the Elliott Wave 12345 pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00647 | 0.00678 | 0.00728 and support near 0.00597 | 0.00578 | 0.00528. Entering trades at 0.00604 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Bitcoin Cash ▣ Rank: 21 ▣ Exchanges:...
Bitcoin Cash has been silent for a while. We all now what that means, when it wakes up - it gonna make some noice. Be prepared for a fast move! If BCH reclaim the fib 0.382, and close above - It will take out a lot of candles to the left. My idea is to enter at 247 and take profit at 344, (40% potential profit)! You could use the up trending trendline as stop...