BCHUSD
BCHThis chart is meant to analysis BCH/ETH pairs and how historically the sell off occurred & continues. I am speculating a mean reversal soon based off EW & fib retracement levels.
Also personally I know that when BTC finally takes off for $70k plus BCH will be turbo charged and can gain momentum against ETH. GL guys Big Mike loves you.
Market Update and a look at fee FREE blockchain ETFs/MinersIn this video:
* Should we be concerned about the price action today in the crypto space?
* A quick peek at the Stock Indexes and BTCUSD and ETHUSD
* Fee Free Blockchain ETF's and Miners which you can buy on Robinhood, Ameritrade, and others:
GBTC
MARA
RIOT
NDTAF
HUT
HIVE
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BITF
GREE
ARBK
ARBKF
SDIG
BTCM
CLSK
BTBT
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COIN
BSVUSD
BCHUSD
BTCUSD
DOGEUSD
LTCUSD
ETCUSD
ETHUSD
Best to you all and HAPPY NEW YEAR!
-Stew
Market Update - Big Green Day! Will the trend continue?In this video:
* The bulls have emphatically returned to the stock market
* Will the crypto space follow suite
* A review of my purple altcoins from yesterday
* You still have opportunity to enter some of these trades
Wishing you the best in all your trades!
- Stew
Market Update - My Top 10 Favorite Altcoin Setups for Today!In this video:
* We discuss some new great signs and indicators in the crypto space indicating that the bulls will run soon
* I pick some of my favorite altcoins today, all with beautiful setups
* I challenge you to pick the (4) four best cryptos from this list from which I have chosen. If you pick the four that I picked, you will win a month of free subscription at stewdam.us
Best of luck traders. Stay safe out there. And Happy Holidays to you all!
BITCOIN CASH LONGS 💰💰💰Expect bullish price action on this coin as price is rejecting with a huge bullish momentum from 400$, we have a lot of liquidity that has been taken out on ,,support area,, where a lot of margin stops where sitting in my opinion.
We are going for the BUY SIDE LIQUIDITY above 600$
What do you think ? Comment below..
BCHUSD will shine soonBCHUSD currently is back into the accumulation zone.
Don´t get fooled by haters.
BCH is not dead.
Currently very oversold RSI
We expect a few weeks of accumulation and in 2022 a huge uptrend.
This analysis will upset many haters but we expect the final target between 10k and 15k USD. not only BCH will do well but also other dino coins such as XLM , XRP, DASH and many more.
ETCUSD already in April and May 2021 showed us what dino coins can do when they are in a prolonged accumulation.
We expect similar move for other dino coins.
Patience is a key.
No financial advice
BCH Resets its Would-Be 5th Wave Rally with PullbackWith our crypto crash last week, Bitcoin Cash invalidated its PURPLE primary pattern with the break of 386.59. This means that our larger Wave 4 correction that started after the May 2021 peak had been continuing all this time with that purple subwave (i) actually being a fake-out rally!
Therefore, the GREEN pattern is now primary, and it has the entire 4th wave pullback identified as a double-zigzag (since the would-be C-wave is actually an ABC zigzag down, now labeled as 'Y'). It is not clear if the pullback is done yet, and we may see a slightly lower low to the 0.618 extension of our W-wave which would fall at about 324.07 on the chart. (FYI, there should have been a RED alt pattern on this chart as I had on all my other crypto charts... Point is now moot as GREEN has supplanted this.)
So what's the good news despite all this doom and gloom?! BCH has a clean slate on where it can go next. Without 1-2 setup present, we can't make a clear projection yet on where the top should go, so I've added the big green box as our rough target zone. This falls within the 0.382-0.618 extension range of our larger 3-4, a common Fibonacci proportion; this is 1139-2370.
However, as I'm interpreting the larger pattern starting from the Dec 2018 bottom as a diagonal, I'd expect the 5th wave to extend to somewhere between the 1.382 and 1.618 extensions of the larger 1-2. While the lower end of this range falls within the green box, the upper end falls at 3181! So yes, there's a puncher's chance we make it that high!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#bitcoincash #bitcoin #cryptocurrency #bitcoinmining #bitcoinnews
BCHUSD Fibonacci Retracement, Support!Bitcoin Cash has not yet followed the market, it is still very cheap when compared to its crypto peers
0.382 can be seen as a strong resistance turned support, this is a great entry point.
Its peak of $4000 in 2018 is still so far away
With real world applications, BCHUSD hodls promise
Bitcoin Cash (BCH) - December 2Hello?
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(BCHUSDT 1W Chart)
Support section: 439.5-479.4
If the price holds above the 623.8-702.5 range, we expect the uptrend to continue.
If it declines from the 342.2 point, I think BCH is likely to enter the mid- to long-term investment zone.
Bitcoin Cash has Bullish Setup within Longer-Term Diagonal RallyBitcoin Cash (BCHUSD) appears not only complete with its wave (ii) pullback, but we may already have another nested i-ii setup in place. That means we are in a great BUY position unlike with many other cryptos which have started to run away with stronger rallies. As the rally continues across the crypto sector, it will become increasingly risky to deploy large cash amounts, so DCA (dollar-cost-averaging) will be your friend!
In the long-term big picture, I have reworked and simplified the chart. I am interpreting the rally from the March 2020 bottom to the May 2021 top as an Elliott Wave Diagonal structure. Diagonals are characterized by deep retracements with their 4th waves often pulling back so deep that they overlap the preceding 1st wave's peak. They also tend to stay within a trend channel and contain subwaves which don't look like true 5-wave impulses but rather 3-wave ABC patterns. Our crash from the May 2021 top would be too deep to be the 4th wave of an impulsive rally structure but fits the requirements of a diagonal rally structure almost perfectly!
If we can hold immediate support at 533, we've got our subwave (iii) targeting between 1334 and 1592 for a more than 2x return from where we are right now. The subsequent 4th wave consolidation may last multiple months as 4th waves tend to be slow and sideways. The final subwave (v) top is targeting between 1776 and 2120 for a 3x return. However, there is a strong confluence at the 0.618 extension of the larger 3-4 pattern, which falls at 2562 (4.5x return!) There is also an outside shot that we make it to the 0.764 Fibonacci extension around 4000 (close to the ATH) for a 7x return, but this is a low-probability at this time.
This top will likely coincide with a MAJOR top in BTC and ETH and will likely be followed by a lengthy crash across the crypto sector. I expect the pullback to be a major Wave 2,. I addition, diagonal rallies usually proceed sharp reversals; that alone should be enough deterrence from trying to 'hodl' thru a long bear market. Thus, this would be a great opportunity to take profits and reallocate into other assets or even Stablecoins. However, the ensuing major crash could give us an even better buying opportunity to send us up to the 4400-4500 range! Farther out, provided that the larger pattern holds 6800 could be within reach with the 11k target looming overhead, which happens to have very strong Fibonacci confluence across timelines.
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this video is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#bitcoincash #bitcoin #cryptocurrency #bitcoinmining #bitcoinnews
ETHUSD: defining momentAnd so, the ETH cryptocurrency has a chance of growth. The starting point for growth may be the level of 3964.40. The target of growth is the level of 4334.10. It will be possible to forget about any longs-positions only if the price breaks the level of 3964.40, thereby establishing a downtrend for this instrument.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
#BCH #USDT Buy SetupCOIN: $BCH/USDT (3-5x)
Direction: LONG📈
➖➖➖➖➖➖➖
One of our monthly top performers once again ready to explode. Looking on higher time frames like BCH is getting ready to confirm that $540 low was our mid term bottom.
ENTRY: 546 - 565
OTE: 541
TARGETS
Short Term: 573 - 583 - 595 - 610 - 630
Mid Term: 650 - 680 - 720 - 760 - 800
STOP LOSS: 521.3
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Loading #BitcoinCash #BCH It's a blood bath where everything is for sale. BCH didn't make a new ATH yet this cycle.
Let's go fundamental first:
1) BCH has smart contract developed by an independent team
2) It is disliked due to its founder and being BTC fork, yet it continues to thrive behind the scenes among its loyalists.
As for the technical aspect:
1) BCH has very high growing LONGS on BitFinex since the summer, and still so after this week's dip.
2) BCH continues to hover above its support drawn from Sep 2020 on the weekly chart.
3) BCH maintains the 40 RSI level on the daily, which is considered an untimely Long position entry in a bull run.
4) BCH is below the 0.236 Fib R level indicating an undervalued asset for accumulation
5) As per Ichimoku Cloud , BCH needs to close a daily candle above $640 for a leveraged long position. If and only if, my mid term target is $2400.
BTCUSD: continuation of the fallAnd so, the situation for Bitcoin is developing as it was previously assumed. The price tends to the level of $ 50,000. The starting point for the targets below is the level of $ 55737.10. At the moment, it is expected to break through the level of $ 53348.50.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.