#BCHUSD - Consolidation has Finished, Now Let's Pump!#BitcoinCash has clearly finished it's consolidation phase for the last part of 2022 going into the start of 2023, with a huge Long trade breaking several smaller resistance levels.
Now we're looking for #BCH to bust through one final level of resistance and give us another massive trade of
up to 80%
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Crypto Tipster v2 by theCrypster
Bchusdlong
DINO Coins will OUTPREFORM BTC! (And no I don't like BCH)DINO Coins will OUTPREFORM BTC! (And no I don't like BCH but the Charts NEVER lie.)
Sitting above Daily 200 EMA with strong momentum still.
Euphoria is entering the market.
KEEP AN EYE ON DINOS!
This is the 3rd Example of 2x plays that can possibly play out by Mid FEB!
ENTRY:
100-125$ and HOLD
SL open or 25-30% of DCA Entry.
TP 1/8 50%
1/8 75%
1/2 100%
Remaining runner 150%
Signs why Below:
Buy above 4h 200 EMA
(With Smaller Bullish patterns)
Confirmed Breakout
(Look at RSI , Trendlines , Volume )
Look for catalyst News
(Anything that rehypes the shitcoin, or it's bluechip chain)
Buy SPOT ONLY and HODL!
Swing until 2x profit, or weakness. no SL but if needed a loss of 50% would be a SL
FIND THIS IN OTHER SHITCOINS AS WELL!
PLAY THEM ALL
BTW there is an order to this, I will not share it, you will need to DYOR.
but this is a prime example which will likely 2x by MID Feb
BCHUSD 30 % dump comingAs the bear market continues , the price can't break the resistance and it remains in the downtrend.
We expect 30 % dump before any significant bounce. If it happens BCH would drop to 75 $ which are lows from December 2018.
It also likely that we will see price lower than 75 $ in this bear market.
Any bounce probably will be a short lifted and the price eventually will go down.
Good luck
Bitcoin Cash - Red Alert!I posted a chart on Bitcoin Cash a few days ago, you can check it on my profile and follow me for further updates. Here I present the line chart with a bull pennant type structure on RSI (Relevant Strength Index) and a symmetrical triangle on the candlestick chart. Most people would have this triangular shape down as an inverse bullish pennant, signalling a continuation to the downside, however, I see a symmetrical triangle and these structures can be both bearish and bullish. Because of the RSI showing a bullish pennant, my thoughts are that RSI will go up, which in turn would mean price goes up. You can see XRP already leading the way in the altcoin market and generally XRP leads the altcoin market into a bull run. There is also a good chance Bitcoin has topped in this cycle, so it wouldn't suprise me to see some of the funds in bitcoin swap back over to bitcoin cash, which has not completed a full cycle yet.
Bitcoin Cash Opportunity BCHUSD An opportunity showing BCH with comparable double bottom points in extreme bear points
The first double bottom leading to an up move was preceded by a gap, this may have some influence on the move.
Regardless at this level BCH is undervalued and a good to hodl asset heading into the digital future
BCHUSD formed rounding bottomBCHUSD formed rounding bottom .
We believe that the bottom is in for BCHUSD therefore we expect more upside potential for this coin.
Long story short:
- Every pull back is a buying opportunity
- Buy the dip (if we get the dip)
- Target approx. 200 usd
-ETC showed the way for altcoins
The only way is up
-We expect BTC to stay in the range therefore BCHUSD will have a chance to rise
BCHUSDT: Good prospect for LongThe structure of medium-term wave levels on the BCH tells me that the decline from the level of $1,600 is probably over.
On the smaller timeframe some initial momentum was formed in wave 1 or A, and at the moment the price is correcting in the anticipated wave 2 or B.
It is possible that the correction has already ended and the price has already started to form the first upward impulse as part of wave C or 3.
This is an excellent pattern that allows you to plan to open a long position with a remarkable risk to profit ratio of at least 1:5.
BITCOIN CASH LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on BITCOIN CASH as price action shifted the market strucutre from bearish into bullish making the retracement move back into the bullish orderblock area on the H4 exactly on the psychological figure 300$. We also had a lot of wicks pressure aka buyers getting in on 280$ price area.
What do you think ? Comment below..
BCHUSDT - Long Setup!
BCHUSDT (1D Chart) Technical analysis
BCHUSDT (1D Chart) Currently trading at $360
Buy level: Above $361
Stop loss: Below $270
Target 1: $400
Target 2: $452
Target 3: 529
Target 4: $650
Max Leverage 2x / Spot Market
Always keep Stop loss
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BItcoin Cash Midterm Analysis📊 BCHUSDT (Bitcoin Cash )
💹 Time Frame: Daily (Update)
➖➖➖➖➖➖➖➖
🟡 BCH is now trading near the S/R area of 350$. BCH has already broken the trend line and holding it well. You can build your position in BCH near the 370$ _ 400$ area but . The first resistance is $620 area
and the major resistance is $700-$720 area. The next good support is 260$_ 300$ area.
⚠ Use proper stops in trades as the market may become Volatilein the coming days.
💎 This analysis will be updated
Amir Hossein
📅 02.11.2022
⚠️ (DYOR)