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Bchusdanalysis

BCH/USD LONG TERM SWING SET UPTitle: BCH/USD BUY SIGNAL Asset : Crypto Type : Limit Order Time Frame : H4 Entry 1 $290 Entry 2 $270 Sl $250.00 Tp.1 $330.00 Tp.2 $400.00 Tp.3 $470.00 Tp.4 $540.00 Tp.4 $610.00 Tp.5 $680.00 Tp.6 $750.00 This week marked an important milestone for Bitcoin Cash, as last Wednesday the crypto-asset reached block height 630,000 and cut the mining reward by half to 6.25 BCH every 10 minutes. This event happens every four years or more specifically after 210,000 have been mined. While most of the crypto news sites were talking about how this halving took almost 2 hours to be completed and how some miners left the network after this, we decided to analyze what happened on that day from a different and more data-centric perspective. A quick summary of Bitcoin Cash: Bitcoin Cash is a hard-forked version of the original Bitcoin Blockchain similar to Litecoin or Dash. It was created in August 2017 and the main intention was to increase the block size that would allow more transactions to be processed. Major stakeholders such as Roger Ver proposed to increase the size of blocks to 8 MB. The number of transactions on Bitcoin Cash’s blockchain can reach 25,000 per block. It also differs from Bitcoin in the fact that it does not incorporate SegWit as a solution to accommodate more transactions. Now that we have a basic understanding of the project, let’s dig into some key data points of that day by leveraging the IntoTheBlock platform. 1. The daily addresses activity went through the roof. On Wednesday, the same day the Halvening occurred, there was a huge spike in the number of active addresses in the Bitcoin Cash network. A total of 161 thousand addresses were active on that day, which represents a 388% increase compared to the 33 thousand active addresses on Monday. The number of new addresses entering the network also saw a big increase of 357% during the last 7 days as did the number of addresses leaving the network (zero balance) by 363.76%. 2.Perpetual Swaps Volume reached a 7-day high. A quick explanation: perpetual swaps are a kind of derivative that does not have an expiration date. Bitcoin Cash perpetual swaps volume saw a big recovery on Wednesday, reaching a 7-day high of $465.96 million. On Wednesday, the volume for perpetual swaps increased by 103% compared to the previous day. 3. The number of on-chain transactions also increased dramatically. At IntoTheBlock we measure the number and volume of on-chain transactions in a given period. On April 8, a total of 95.85 thousand transactions and 1.62m BCH were moved. This number represents a 7-day high and a 180% increase compared to the previous day. 4.The Average Time Between Transactions was also affected As I mentioned before, the block number 630,000 took almost two hours to be completed, and this can be reflected in the average time between on-chain transactions. Before this occurred, the average time on the last 30-days was 10 minutes (same as the block time), but with the problem during the halving, that number increase to 26 minutes on April 9. 5. Most of the activity on Halving day came from the West. As the number of on-chain transactions that Wednesday increased dramatically, we were able to identify that most of the activity on that day came from the East, meaning that 90.43% of the on-chain transactions during that day happened between 10:01 PM to 10:00 AM UTC. This represents quite a bit of an anomaly since the predominance of transactions from All Time was 54% in the west. As you can see, on-chain activity combined with other factors as derivatives provides us a much deeper and insightful understanding of this asset. While the mining activity for Bitcoin Cash was affected after the halving, other indicators tell us that Bitcoin Cash has a strong on-chain fundamental with a good community behind it.
KRAKEN:BCHUSDLong
by MavRich_Trading
2
BCH/USD 60min long. ####### BCH/USD Technical Analysis - 240m - July 24 ####### ##################################################### ~ Active Trend : BULLISH ~ Background Trend : STRONGLY BULLISH ~ Technical Indicators : 50% Bullish, 11% Bearish, 39% Neutral ~ Weights : RSI and CCI bearish Divergence, $5m market Sell order BTC ~ Targets : 242, 260 -------------------------------------------------------------------------------- Sentimental Analysis The basic bullish trend is very strong on BITCOIN CASH - BCH/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 232.50 USD. Crossing the first resistance at 242.49 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 260.26 USD as an objective. Crossing it would then enable buyers to target 308.22 USD. Caution, a return to below 232.50 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
COINBASE:BCHUSDLong
by QuasiFlex
BCH/USD BREAKOUT LONG & SHORT SET UP (HODL)DROP A COMMENT IF YOUR GOING LONG OR SHORT The analyst has drawn the price target price at $225 level. As per the idea, the cryptocurrency will turn bearish and hit the $225 mark before turning bullish. Should the fall complete, the BCHUSD pair will move to a high near the $260 level. Title: BCH/USD BUY SIGNAL Asset : Crypto Type : Limit Order Time Frame : H4 Entry 1 $230.80 Entry 2 $206.40 Sl $168 Tp.1 $268.80 Tp.2 $298.80 Tp.3 $336.80 Tp.4 $396.80 Tp.4 $460.80 Tp.5 $540.80 Tp.6 $662.80 Title: BCH/USD BUY SIGNAL Asset : Crypto Type : SELL STOP Time Frame : H4 Entry 1 $206.80 Entry 2 $200.80 Sl $268 Tp.1 $190.80 Tp.2 $186.40 TP.3 $158.80
BITSTAMP:BCHUSD
by MavRich_Trading
1
BCHUSDt locally signal (LONG)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and put 1 more buy limit on 251.3 targets: 273 and 285-290 after first target reached move ur stop to breakeven stop: 240 (depending of ur risk). ALWAYS follow ur RM . risk profit: 1 to 3 Good luck Follow me on TRADING View, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Open to your questions or suggestions(PM to me).
Long
by trytofeelpositive
2
BCHUSDt AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. We are in ascendind triangle. you can enter the market if the current stop loss is satisfactory for you. or a safer option is to open a position on breaking through 255 with stop loss under a level Targets: ~275 and ~290$ (after first target will reached move ur stop to breakeven) cancellation of growth if we rollback and consolidation below 230 Follow me on TRADING View, if you don't want to miss my next analysis or signals. Good luck. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Also open to your questions or suggestions(PM to me).Will be glad earn some money for me and you.
Long
by trytofeelpositive
BCH/USD LONG SET UP $400Key Highlights • BCH/USD continues to see a series of lower highs in its market valuation. • There is a likelihood that a notable move will soon experience past an upper range line at $280. • A break of either of the two range points at $280 or $240 will signal a definite price direction in BCH/USD market operations. Bitcoin Cash (BCH) Price Analysis • Major distribution territories: $320, $360, $400 • Major accumulation territories: $200, $160, $120 There has continued to be a series of lower highs in the market valuation of BCH/USD. The base-crypto has relatively risen northbound, to hit a strong distribution territory at $280 as it had earlier done on April 8. Price now hovers around $280 and $240 price values. Price now hovers around $280 and $240 price values. The bulls’ pressures are now seemingly gathering momentum on a weak mote. And, for the second time that the $280 mark touched, there is a likelihood that a notable move will soon experience past the price line earlier mentioned. IF YOU MISSED SIGNAL AND WANT TO GET IN! USE THIS SET UP BUY LIMIT BCH/USD ENTRY 1 $245.50 ENTRY 2 $238.50 SL $230 TAKE PROFIT 1 $270.50 TP.2 $306 TP.3 $336 TP.4 $360
BITSTAMP:BCHUSDLong
by MavRich_Trading
BCH/USD LONG SET UP FOR (BULL RUN BREAKOUT)Key Highlights • BCH/USD continues to see a series of lower highs in its market valuation. • There is a likelihood that a notable move will soon experience past an upper range line at $280. • A break of either of the two range points at $280 or $240 will signal a definite price direction in BCH/USD market operations. Bitcoin Cash (BCH) Price Analysis • Major distribution territories: $320, $360, $400 • Major accumulation territories: $200, $160, $120 There has continued to be a series of lower highs in the market valuation of BCH/USD. The base-crypto has relatively risen northbound, to hit a strong distribution territory at $280 as it had earlier done on April 8. Price now hovers around $280 and $240 price values. Price now hovers around $280 and $240 price values. The bulls’ pressures are now seemingly gathering momentum on a weak mote. And, for the second time that the $280 mark touched, there is a likelihood that a notable move will soon experience past the price line earlier mentioned. IF YOU MISSED SIGNAL AND WANT TO GET IN! USE THIS SET UP BUY LIMIT BCH/USD ENTRY 1 $245.50 ENTRY 2 $238.50 SL $230 TAKE PROFIT 1 $270.50 TP.2 $306 TP.3 $336 TP.4 $360 Tp.5 $420 Tp.6 $500
BITSTAMP:BCHUSDLong
by MavRich_Trading
1
Bitcoin Cash Analysis: Daily Timeframe Bearish BiasConclusion for today's Bitcoin cash analysis: Lack of a price close above ~324 that is followed by a break below 247 is bearish for Bitcoin Cash. A log scale of BitcoinCash is presented using Japanese candlesticks on the Daily timeframe. The major bullish trend in the cryptocurrency that lasted over 8 months is highlighed on the chart. A break below the bullish trenline is bearish. The slope of the 200 Day moving average of BitcoinCash changing from a rising to zero slope also supports the notion that prices are perhaps going to resume further movement to the downside. The 200 day moving average currently coincides with the 324 price level and suggests that the the latest bullish price swing from October 23, 2019 might run into resistance at the aforementioned price level. 382 to 356.88 also present an immediate resistance zone above the 200 Day moving average so that any price movement above the moving average can be expected to stall in the resistance zone, even if temporarily. A break above the upper boundary of resistance at 382 improves the chances of having bullish momentum sustained. On the other hand, lack of a break above the 200 Day moving average that is followed by price closing below 247 is bearish for BitcoinCash.
COINBASE:BCHUSD
by Coin_Analyst
FREE ANALYSIS ON BCHUSD - >>FREE ANALYSIS ON BCHUSD Welcome to SiriusTrading (managed by Segunby), Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :) - 15 Min we can see a small bearish momentum forming. Currently MACD is showing bearish divergence and same on the Stoch RSI. 1 HOUR Price broken out of the 3 MA's on the chart. Buyer interests also increasing with STOCH RSi turning up. My MA 100 and MA 200 also about to cross over so we might see some bearish move before we see the move up continue. Also a triangle is forming indicating a breakout soon. 4 HOUR Bearish. Price below the MA's and in fact tested the MA 100 and was rejected. All MA's have converged, we should see start of another break out. 1 Day Bullish. We are see a correction of the previous bull move up. Price tested the 100 MA. Hidden divergence found on MACD and Stoch RSI. expecting move move up. OVERALL bullish Outlook for BCHUSD - Thanks for reading See previous analysis Please share your thoughts and views on my analysis and don't forget to like it and share with others. #forextrading #forextrader #forexlearning #forex #stocktrading #investor #wallstreet #motivation #investment #bitcoin #investing #cryptocurrency #stocks #passiveincome #daytrading #stockmarket #crypto #forexprofit #pips #currency #financialfreedom #workfromhome #success #money #entrepreneur #stay #achieve #wealth #luxury
KRAKEN:BCHUSDLong
by SiriusTrading
BCHUSD UPDATE - WHAT NEXT? ANY THOUGHTS?Last time i analysed BCHUSD, i noted that we could be seeing a support at the blue line as now confirmed. This drop has coincided with the BTCUSD and ETHUSD drop that we have all witnessed. Stoch RSI is now crossing over now also, we could be seeing the start of the uptrend. on the 7th Nov BTCUSD was around $630 now dropped down to just below $207. this has caused a lot of pessimism in the market which i believe will bring back the money makers. caution, if this breaks below the blue line then we are looking at another low. trade safe like, comment and follow
KRAKEN:BCHUSDLong
by SiriusTrading
2