BITCOIN CASH : Price Action on Daily TMF , Price is GROWING ! 🔔Welcome back Traders, Investors, and Community!
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BCHUSD
BCH - Ready For Higher High? Hi, right now everything looking good. We are in uptrend right now, if today we close the candle above SMA50, it’s a good sign. Today we tested the resistance $535 and we got rejected. I think we are going to repeat the same structure that happened in 24.December (red ellipses), so therefore it will take couple of days to break the resistance $535. So be patient and don’t panic 🙌🏼 . 💯% bullish
Bitcoin Cash (BCH) - March 2Hello?
Dear traders, nice to meet you.
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We have to see if we can get support at 501.0 and climb above 574.28197715.
If it falls in the 435.40010001-454.59999980 section, a Stop Loss is required to preserve profit or loss.
However, you need to trade carefully as you can touch the uptrend line (2) and go up.
It remains to be seen if the CCI line can rise above 100 on the CCI-RC indicator.
If it rises above 100 and crosses the EMA line, then volatility is expected.
The next volatility period is around March 12th.
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(Binance BCHUSDT 1D Chart)
We have to see if we can get support at 485.99 and climb above 599.94.
If it falls from the 439.52 point, a Stop Loss is needed to preserve the profit and loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
16K Dollar Fib Target 3200% gainBCH is now since the last bull cycle in a bearish market. BTC, ETH and Co. got out of it and hit almost there Fib levels. Altseason hasn't even started yet!
We can expect a massive upwards trend after this correction in those Alt's which are still very low like BCH or ZCASH.
I can see a 16K Dollar BCH in this altseason that would be a gain of 3200%!
Buy the dip, sell high ;D
I wish y'all good luck!
:D
BCH nailed perfectly! TV's most correct analyst does it again!So as you can see, BCH did exactly what I said it would in my last (privately published) analysis for loyal followers and website members only. BCH bounced off the Ichimoku Cloud and went up to the golden ratio fib level at 1.618 which was my target of $716.00 and from there BCH has dropped significantly.
As per usual, my target is hit and within a few days you can rebuy back in after a huge price drop. This is similar to most analysis I do where the top is hit and a retrace happens.
So BCH hit the target I indicated and then dropped when it hit the golden ratio of 1.618 where the RSI peaked over 70. As per usual on BCH when it hits this RSI level you sell or short as RSI will drop to 30. Last time though, the lime green trendline on RSI stopped the RSI getting to 30.
Will it do it again or will we see BCH drop further and the RSI hit 30 like it has done so every single time except the last time as explained about in my last analysis below on BCH?
If BCH breaks the RSI lime green trendline it will hit the 30 RSI level. BCH will then retouch the Ichimoku Cloud on the chart @ around $450.00 on it's way to the RSI 30 level.
From there we re-evaluate the trend in the market and see if it will bounce off these levels or continue further down to the orange horizontal line @ around $360.00 which is where the MA 144 would roughly be also (the white zigzag moving average on the chart). The purple moving average line on the chart is the break point for a bounce or a drop to $360.00
If BCH can bounce off this lime green trendline on the chart and RSI, BCH's next upside target would be $950.00
What are your thoughts on where BCH is heading?
Happy trading legends!
HTBB
Take a look at my other charts and analysis below to see my unbelievable correct analysis record. If this kind of analysis interests you and you want more than just 1 or 2 correct chart analyses every month or so, check out my website and become a member. I use a discord channel as a trading room that I post analysis in as I see it when it happens. For instance, this trade last night I saw as it was happening: Buy LTC, sell at orange line. Rebuy once bounce down off orange line.
BCH important milestonesWassup, crypto tribe.
Important resistance/support marks are displayed on the chart. Previous resistance becomes a support, the stronger resistance -> the stronger support it becomes after resistance is broken. So we have a few important marks out here: 630! 690! 745! If bullish set them as a targets.
Trade is active if Bitcoin is bullish, if Bitcoin brakes 42k, then we are also bearish.
R. Ver moves are also a wild card 🤡for this coin. But in times like this he usually either does nothing 🐉💤 or pumps it 🚀
Not a FA! DYOR!🦾
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Cyberpunk crypto nomad.
I exist behind ur screen.
My ideas are only a stream of proceeded materialized data.❇️💱
BCH - Still Bullish? Hi, we expected something similar will happen when Bitcoin goes in correction mode. Now we have to figure out what is going to happen after that. As you see we have made a double bottom in RSI(43) and that is the first positive sign and I expect we are going to see (W) formation in RSI and in the chart, which I have drawn for you. The second positive thing is that both uptrends held. The third positive thing is that SMA50 so far has held. The fourth positive thing is that we have made higher high and we have not made lower low. I think the first move is that we are going to test the support level 630 that we lost yesterday, if we get above it, it is time to move further to 730.
We have to wait for more information. So be patient and don’t panic 🙌🏼 The altseason is right in the corner. 🤞🏼
Bitcoin Cash it's could to move toward the $1,800 USD soon!!!In weekly timeframe, we see that we have a good opportunity to bought Bitcoin Cash at the market price. I believe that this dip it's a good opportunity to bought and I bought right now as the same Ethereum that the price it's above of $1,700 USD, and I re-bought Ethereum in the lower price at $1,500 USD.
Now, we see that Bitcoin Cash it's make lower higher follow this key support line that indicate that Ethereum make lower higher in the trend and the trend it's more bullish than in the past.
For that, I invite you to don't missing this opportunity to trade and bought Bitcoin Cash!!! I bought 1 BCH to prove it and my SL it's in the $340 USD and my target will be the $1,800 USD
🆓Bitcoin Cash/USDT Analysis (23/2) #BCH $BCH$550 zone is a very good support zone for BCH rally. I think BCH will rebound back to $680 zone and try to conquer this zone, but this is a very strong zone and could cause BCH to reverse back to a retest of $450 or even $400.
If BCH conquers $680 zone it will be a bullish sign and it will continue to rise to $850 and $1250 price zones in March.
📅NEWS
👉Mar 1 : OKCoin Delisting
📈BUY
-Buy: 540-560$. SL if B
-Buy: 670-690$ if A. SL if B
📉SELL
-Sell: 670-690$. SL if A
-Sell: 840-860$. SL if A
-Sell: 1230-1270$. SL if A
♻️BACK-UP
-Sell: 540-560$ if B. SL if A
-Sell: 440-460$.SL if A
-Sell: 390-410$.SL if A
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
BCHUSD H6: 90% gains BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
BCHUSD H6: 90% gains BEST LEVEL TO BUY(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because this is a BULLISH setup.
However, READ ENTIRE idea before BUYING.
we buy from 465 USD not at market.
🔸 Summary and potential trade setup
::: BCHUSD 16hours/candle chart review
::: updated/revised outlook
::: still great setup for 90% gains
::: selling not done yet however
::: ETHUSD hit a wall at 2 000 USD
::: so expecting WEAKNESS
::: next 1-3 weeks
::: accumulation in progress
::: BULLS get ready to BUY LOW
::: from my level TP +90% gains
::: this is BUY/HOLD setup
::: patient traders only
::: not for gamblers
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +90% gains
::: details: see chart
::: FINAL TP +90% gains 866 USD
::: recommended strategy: BUY/HOLD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BULLS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
BCH/USDT - SHORT BREAK SIDEWAY CHANNELI expect that the Bitcoin Cash price will blossom in order to breach the support of the surface channel with the decline of Bitcoin and the market in general.
I expect the momentum to be negative in the coming hours or days.
The exit point was calculated by the width of the channel in which you were walking.
Manage your risk and don't forget to :
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BITCOINCASH , who hates money ?probably one of the safest coins to enter , situation is very good for bitcoin cash , price is cheap as it didnt move fine in this bull run ,price holding very strong weekly support also broke and retested bearish weekly trendline , if you hate something it means it bothers you ! so you can invest and make money lol , the sleeping giant may wake up soon
Bitcoin Cash (BCH) - February 22Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We need to see if we can get support at 668.36839961 and climb above 706.21424190.
If you fall at 600.59767260, you need a short stop loss.
If supported at 741.41976359, it is expected to rise towards 811.83081120.
On the wRSI_SR indicator, we have to see if the RS line can rise more than 20.
At this point, you need to see where you are getting support.
On the CCI-RC indicator, we need to see if the CCI line can touch the EMA line and rise.
If the CCI line and EMA line cross, it is expected that volatility will occur, so careful trading is necessary.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
BCH - Ready For $900?Hi, I updated you last week about the support level $600-630. Yesterday we saw the support level $630 was tested again and it was strong. We are now stuck in a range between $700-720 (the red rectangle) for 6 days. We have to close one daily candle above $720 and once we get above it, we are ready for the resistance $880-900. We need one more push. Be patient and don’t panic 🙌🏼