BCH: Need a bull to stabilize the current trendAs I mentioned before that the market has always been at the gate of the outflow of funds. For the time being, there is not any big inflow of funds. The market appears to be in a quiet period, with no positive or negative news. In this case, the market operates in its own way.
From the daily chart, the Bollinger Bands are showing very bad signs. The Bollinger Bands again show their mouths open.
However, the current market is a good opportunity to do short contracts. don't recommend to enter the spot.
go short near current price $205, stop loss $207, take profit $200
BCHBTC
BCH bottom or just a dead cat bounce?Same as ETH, Bitcoin Trash got some bullish activity today, which makes me think it will slightly grow to 2880 - 2900 - 2920 resistance. Taking long scalp worth from ~2830 - be careful as BCH is in downtrend. Targets can be used for short, but in case price overgrow last target, we might see BCH trend reversal.
Bitcoin cashThere is no big change.
The movement may change depending on whether the BTC rises.
-BCHBTC-
You are about to touch point 0.02737526 again.
Check if you can get support as before.
-BCHUSDT-
With the support of the short-term uptrend line, we should check to see if we can break the 216.01000000 mark.
-------------------
Since the direction of the BTC is not clear, you have to be careful about trading.
My chart has a horizontal line.
You can see at a glance that if you go up and down, if you do not speak, you can see at a glance how far you will see the horizon.
It is important to note the important points in writing.
Bitcoin CashI will see it in the short term.
Replaced the BCHUSD chart with the BCHUSDT chart.
-BCHBTC-
Support is found at 0.02737526.
Touch again 0.02737526 and check if you can climb.
-BCHUSDT-
It is falling without receiving support at 216.01000000.
BTC's inflection date is around December 5, so watch the flow.
I hate the return to the 100.00000000 branch.
It must rise above 216.01000000.
BCH/BTC (New Higher Low To Stablish?)BCH/BTC
BCH is currently respecting this upward trend-line of support. After hitting it for the 1st time, a price reaction happened and BCH
is consolidating above this level. If this is the new Higher Low to set then there is a high probability to break the recent top at 332 sats.
Bitcoin cashShort term perspective.
It fell without receiving support at 20MA.
I'll have to check if it can rise above 20MA when a new candle comes tomorrow.
We should also check if we can get support at the 0.02737526 weak support level.
The pair failed to break above the weak uptrend line.
We need to check if we can support above the upward trend line.
Bitcoin CashLet's look at the chart in the mid to long term.
The chart of BCHBTC was changed to another exchange.
The long-term chart is not yet complete.
It's a half finished picture.
Therefore, it is thought that the bottom of the current price is being formed.
In the long run, less than 0.06732000 points is the buying range.
The chart is expected to rise above the 0.13602667 point at the completion of one cycle.
It is located between 165.3 ~ 261.2 in the mid to long term.
If there is a huge drop, it will be supported at 165.3.
If yes, the first target is 570.0.
Bitcoin Cash
If it falls, you are likely to touch the 0.02344767 point.
If it rises, it is likely to challenge the 0.03176208 point, and if the price holds, it is likely to challenge the 0.04007649 point.
You can see that the price is located near the bottom of the midpoint (0.04007649) within the large box section between 0.02344767 and 0.05670531.
The price fell as the upward trendline broke.
The 165.3 branch divides the medium and long term investment areas.
The current position is a possible section when you slowly divide and rise into a buyable section.
We should check if we can rise above the upward trend line and cross 261.2.
BCHZ19 (SHORT) | Rising Wedge..!!BCHZ19 (SHORT)
Breaking Down the Rising Wedge in 12h & Daily Chart..
RSI & MACD Bearish Divergence As Well in 12h Chart..
Selling Volume is Increasing So We Might See Big Crash in Coming Days So Short it..
BitMEX Trade..!!
Short Around 320-325 Sats
Targets 315- 310 - 300 Sats
Stop loss 330 Sats
Short with 5% Portfolio..!!
Please, give us your opinion in the comments.!!
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The information given is never financial advice. Always do your own research.
BITCOIN CASH ... PRE-HALVING ACCUMULATION DOUBLE BOTTOMEverybody is focussed on the bitcoin halving on may 2020.
Don't forget that bitcoin cash will halve to.
In case of bullish market (I'm waiting for confirmation) BCH/BTC pair will give a maximum of trade opportunity.
If bitcoin price accelerate more after halving, bitcoins sons like litecoin or vertcoin have shown major increase pre halving and falls approaching/post halving.
BTC/USD halving
LTC/BTC halving
VTC/BTC halving
Interestingly pre halving peak on the alt/btc pair was approximatively 50 days prior to halving for both LTC and VTC.
Assuming a similar behavior and bullish market confirmation soon, bitcoin cash will beginn to run like a crazy for the next 3 months. After that again BTC only.
BIO
BCash in Wickoff acumulation,BulishHi Traders. Bitcoin Cash/btc is now in Wickoff acumulation schema. Potential profit its now 20 -25 % (first zone). BCASH have halving 37 days, before BTC. Important resistance and support are in the graph. The first taget is a zone of about 0.04 btc. After reaching the target, the graph will be, step by step. GL, HonorDeal
Bitcoin Cash Lev. Short [BCHZ19][SHORT][7X][51%] Here is our full trade for Bitcoin Cash on BitMEX.
This is for advanced/experienced traders only.
Leveraged trading is high-risk if you are a beginner try basic trading and only come here after you have experience and profits.
This is not financial advice.
Enjoy the trade.
___________
Trade: SHORT BCHZ19 | Bitcoin Cash
Leverage: 7X
Buy-in: 0.03170 - 0.03090
Targets:
1) 0.03030
2) 0.02970
3) 0.02890
Stop-loss: Close 4h above 0.03250
Liq. price: 0.03468
(Buy-in calculated at 0.03103)
Potential profits: 51.59%
Capital allocation: 4%.
___________
Always secure your trade once we hit our first target... More opportunities will always come.
If you want to see more trades and free quality content make sure to hit LIKE.
Namaste.
BCHABC is trying to break out..BCHABC has a major descending resistance line that pushing price down.
Once resistance line is broken it's a good buy opportunity. Confirmation point is 0.033813
Potential TPs:
1. 0.04
2. 0.050588
3. 0.057927
Do not forget about stop-losses.
It's not a financial advice.
Trade carefully and good luck!
Bitcoin Cash: Could Make 60% Profit!Hello my dear BCH traders & HODlers,
Bitcoin Cash is dangerously grinding at the $300 yet again. We had a very smiliar shape before- which I'm going to show you in this video -where we made 100% profit unleveraged. Have fun watching! ;)
If you had some value from our analysis, give it a thumbs-up & comment it, because the mechanism shows our analysis to other people then. Make also sure to follow us so you get notified on our analyses! I wish you a good trading! :)
Edgy is providing online education & indicators only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Bitcoin Cash is on the right track!Hi, Traders ! Monfex is on the air !
Bitcoin Cash stays on the track towards the next target level of $350.
* We have seen a very positive dynamic of BCH price recently, while the coin has successfully made its way from $200 to $300, within a couple of weeks.
* As BCH network halvening approaches, many of market participants expect the price of BCH to surge, as is the case with Bitcoin. However, some opinion leaders cast doubts on the halvening itself. Namely, Dan Hedl, the Director of BD at the Kraken exchange, thinks that the halvening would cause miners losing profits that will spur them to switch to Bitcoin. He also announced that Bitcoin Cash halvening, which is due in 160 Days, may hit the BCH hashrate and increase a chance of 51% attacks.
* In contrast, Roger Ver, the Bitcoin Cash proponent and former CEO of Bitcoin.com, declared that he will share $5 worth of BCH to all of his friends on Facebook, because he believes that Bitcoin Cash price could increase by almost 100,000 percent.
* In the meanwhile, we see that the positive price dynamics keeps up on a Daily time-frame, and we are quite optimistic on BCH to proceed to the next short- to mid-term target of $350.
Active trade signal
Buy @ $270 - $290.
Target: $350.
Stop-loss: $265.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.