Bitcoin Cash (BCH) May be a good 5% move up.Bitcoin Cash has been consolidating in this area for a while. Currently has had a correction down, and if we can hold this area, it should start heading up.
Thanks for viewing! This trade is being taken as there is a long signal.
Keep in mind this could fail, so set a stop loss below the low. If there is a stop hunt, buy back in.
Currently Bitcoin is testing the lows once again. If it breaks down, this trade is negated. The stop loss should get us out beforehand.
Bchlong
BCH/USD ANALYSISBCH/USD(BITFINEX) ANALYSIS
we have likely just found our support on wave 3 and are going up to around 500-516 area where I will likely be shorting once more with stop below wave 1 lows of around 520 with a target of 78.6 retracement at 460 like I mentioned previously as that is our last zone of support for now , if that does not hold it will be pretty bad for bch TA wise , fundamentally wise bch is pretty fucked up and I have no idea how to play it without TA so for now im liking the volatility on bch and will follow it with a TA mentality if we get stopped out next trade #BATMAN
BCH ANALYSISBCH/BTC(COINBASE) ANALYSIS
next off we have bch against btc, its pretty similar to what we have seen in bch/usd , the targets for this retrace are likely around 0.079-0.08 and I will be looking to short with a target of 0.072 and stop at 0.0805 for a nice risk to reward on this setup #batman
BCHUSD Inverse Head & Shoulder Breatout. BCH next target $550BCHUSD 15 min chart a inverse head & shoulder pattern just breakout. If it complates the target so we can see BCH BitcoinCash $550 soon......
TA on BCH/BTCDid a TA on Bitcoin Cash against BTC. It shot up from 0.064 BTC all the way till 0.098 BTC after the announcement from binance that the hard fork token will be supported. Interestingly enough, it did not pass the point of 0.1 BTC and i think because there was a lot of sell orders at that point because of the rule of round number. Nonetheless, after doing a fibonacci retracement on the chart, i figure a good entry can be at 0.0824 BTC at the exact 50% retracement mark. The retracement was a normal one because BCH was very overbought from the last few days.
BCH (Bitcoin Cash) 20% Target Achieves....!!Both Long Position Target Complete .
Let c What will be next Move in BCH.
Be careful about shorting Bitcoin Cash here. Consider this.Bitcoin Cash is currently having an insane pump. Many of you probably have thought about shorting it or have already done so.
But be careful. Look at the massive amounts of shorts being opened during the pump. You do not want to get caught up in a short squeeze, which is what happened for XRP. Instead, if you wish to short it, just wait for a 50% correction and short the bounce from 0.5 for a much safer short entry, You will catch most the profits without the risk of shorting currently.
While I do suspect the rally is ending soon, opening a short when shorts are insanely high is very risky. Keep in mind shorters need to buy back into the market.
During the XRP rally, the shorters opened the position and price pushed 50% higher, causing cascade of liquidations. The remaining shorters managed to close their positions at the exact top. The same could be happening for Bitcoin Cash.
Thanks for viewing! View previous ideas in related section.
Bitcoin Cash (BCH) Another possible rally, short into news.Bitcoin Cash had a nice rally after news of a possible hard fork on November 15th.
Despite the good news, keep in mind after BCH has its rally, it will likely drop to normal price. Looking at Zcash, which also had a hard fork in June, it had a rally during news and declined since. I am expecting the same for BCH.
For now, you may choose to long Bitcoin Cash with a stop of 0.0725 on BitMex, and have a short order near 0.0790, if you believe Bitcoin will continue to rally.
Personally, I believe a short with a stop loss above the high will be a safer trade.
Thanks for viewing!
BITCOIN CASH Making Triangle Buy at 420 USDBCH Making Triangle Buying Opportunity
Buy- 420
Sell 508 , 576, 650
Stop Limit 390
Stay Tuned..........!!
Learn Here , Earn EveryWhere
$BCH - Inverse Head and Shoulders possible formationThis is purely speculative and forward predicting without any conformation.
-looking at the right shoulder being formed currently may see a double shoulder form like on the left hand side.
-I do like Bch in terms of looking for longs currently rather than shorts
* Disclaimer: I am not trading this pattern
BCH/BTC Still holding Long#BCH #Long (BitMEX Or Binance)
#Open: 0.0697-0.0704 opend last night
#Targets:
0.0715 (we hit 2 sats under)
0.0729
0.0735
0.0750
#Stop_Loss: 2-4%
BCH, broken trendline's and the moon in sightFolks, we already broke a large trendline a couple weeks ago. Once we bust through this 630 area we are testing right now we will head to the 900 area. I imagine we'll get some consolidation and if we bust that area there is a lot of room for it to run up.
Happy Trading,
-Sherem
CAN BCH REACH FOR THE STARS???Might as well reach for the stars
Way up in the air where you belong
Might as well reach for the stars
Even if you don't make it, you'll still be with the great ones
BCH seems to be following an ABC correction, and we currently dont have enough waves so we need to go higher.
What will cancel out this theory?? A drop below 509.
We are likely to head up somewhere between 645-680
There are 3 subs of waves here all different colours to give you a better idea (pink = bigger picture, blue are subwaves and yellow is current subsubwave pattern)
Its also important to mention that 601 is particularly important for BCH as resistance now, so we may have trouble bouncing through that hard. There is a chance that we may only break previous high by a couple of dollars to complete the pattern. anything above 611ish can be classed as wave completion. But ill keep watching for bearish signs along the way.
Making charts to buy wine and pay for surfboard repairs. #nofinancialadvice
#BCHLooks awful Similar, My super low bids didn't get hit adding now with bids placed from .097 and .1
BCH we might have a good buying opportunityWe found support on the red line and MACD and RSI have bullish divergences. SL should be set just a little bit under the red line.
Bitcoin Cash - Could see fireworks soon This came across my radar, which I though was worth mentioning. Looking at daily chart for Bitcoin Cash, you can see it has a nearly completed symmetrical triangle pattern. RSI is oversold and MACD has a near bullish cross. We could have a big breakout to the upside over the next week or so.
LONG BCH 10x Leverage between 0.1140 - 0.1146Signal given to Premium members on Thursday June 28th at 6:40 pm UTC
Pair: BCH - BITCOIN CASH
www.bitmex.com
OPEN LONG position 10x
LONG :arrow_up: : 0.1140 to 0.1146
Target 1: 0.1157
Target 2: 0.1170
Target 3: 0.1184
Target 4: 0.1198
Stop-Loss: 0.1125
6/28 - SL reached unfortunately because btc drops
Long BCH 10x leverage between 0.1330 and 0.1340 !This signal was given on Thursday 14th June 2018 to our Premium Members as a fast call.
Open LONG BCH position with 10x leverage
Entry zone: 0.1330 to 0.1340
Target 1: 0.1349
Target 2: 0.1356
Target 3: 0.1370
Target 4: 0.1386
Target 5: 0.1400
We signaled to move stop-loss to target 3 as soon as it was reached, securing a nice 22.4% profit in less than 2 hours !
