BCHBTC
BCHUSDT (BITCOIN CASH) - POTENTIAL BREAKOUT ANALYSIS 🔎
- BCHUSDT is printing a falling wedge pattern.
- This is reversal pattern.
- A bullish pattern to be precise.
- Price is testing the falling wedge's resistance.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance and the horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the swing low support level (S1).
BCH/BTC Multi-Timeframe analysisHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Bitcoin Cash Stands Above EMA50, Ready To Jump!After the initial breakout BCHBTC (Bitcoin Cash) printed 9/10-Jan., prices fell to test EMA10 and EMA21 as support.
With this level holding, the stage is now ready for additional growth.
Look at the blue arrow on the chart... As long as BCHBTC stays above EMA50, prices can easily jump.
The targets are the black and magenta dashed lines marked above.
Namaste.
Previous chart/Full trade (9-Jan.)
Bitcoin Cash Trade Signal (165%)
BCH - Falling Wedge/IHS SetupBCH looks to have a bullish reversal forming on the daily. You can see the price action has been moving within this pink falling wedge since beginning of last year. BCH broke through resistance just the other day only to get pushed back under. However, the price is sitting on strong support as it rounds out that right shoulder. Unlike most alts which have had some bull runs of their own this year, BCH has not. So if this breaks to the upside, we could see a very strong move even beyond my IHS target.
Bitcoin Cash Trade Signal [BCHBTC](165%)Here is a full trade signal for Bitcoin Cash (BCHBTC).
This is similar to Cardano in the sense that this is one of the TOP10 altcoins.
We are going big... 160%+ potential profits.
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BCHBTC
BUY: 0.01210 - 0.01370
NEXT SUPPORT: 0.01070
TARGET:
1) 0.01415
2) 0.01640
3) 0.01800
4) 0.02005
5) 0.02222
6) 0.02580
7) 0.02950
8) 0.03545
STOP: Close weekly (w) below 0.01050.
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I am wishing you the best now and always...
Every time you read me I am sending you massive amounts of energy in the form of support, bliss and extreme love.
Thanks a lot for your support.
Namaste.
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This is not financial advice.
All the information shared here is intended only for educational and/or entertainment purposes only.
BCH reached strong resistance - BCH/USD entry levels - LONGBCH rocket was launched a little bit later than on BTC, but it is here. We reached an important resistance around $632. We are heading for a correction, but Bitcoin Cash is still bullish. You have several options to jump in.
ENTRY LEVELS BCH/USD LONG:
$532
$497
$466
If we break the price of $632, buy with a pullback but be careful.
BCH Vs. BTC (Expecting a Breakout for Bitcoin Cash)Considering the ALT Season, RSI in the sell saturation zone, and the fact that BCHBTC is at the bottom of the long term descending channel, we can expect to see BCH raise over BTC over future weeks.
Also, the Trend-Based Fib Time shows us we're approximately at the bottom.
BCH/BTC Multi-Timeframe analysisHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
BCHUSD (Waiting for the resistance zone breakout in day chart)#BCHUSD Technical Analysis Update
Waiting for the Resistance Zone Breakout on the day chart
BCH/USD currently trading at $350
LONG ENTRY: Above $380 ( Enter long after 1-day candle closes above $380)
STOP LOSS: I will update once I see the Breakout
Target 1: $480
Target 2: $620
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
Bitcoin Cash (BCH) Early Reversal SignalsIncredibly enough, Bitcoin Cash (BCHBTC) has been dropping since February 2020.
Many altcoins printed multiple bullish moves this year but not this altcoin pair.
Prices are hitting new lows but there are early signals of a potential reversal... Strong bullish divergence showing up with the MACD and also RSI.
On the main chart above, we are looking at the 4H timeframe.
We've been having long lower wicks followed by higher lows... Prices can easily move higher as represented by the green arrow.
If BCHBTC fails to move above EMA10 but instead goes below the red dashed line at 0.014579, even lower prices are possible.
Currently, there is a potential for a bounce at the current levels.
Thanks a lot for reading.
Namaste.
Bitcoin Cash (BCH) long term BCH is always under the radar. Some think its a Chinese scam, others dont know anything about it.
It appears that we are in an uptrend channel with a possibility of doubling from here.
However could always go to zero too ;o I am going to lean towards the statement above though
Merry Christmas and have a glorious weekend!