Bchusdlong
20917-2019 Copy Fractal for BCHLook at the similarities between the 2017-2019 cycle for Bitcoin Cash when its overlayed with the most recent cycle... Are we living in a simulation? Hmmm
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.
Buy BCH ..BCH/USDT has showed a strong trend reversal. There is a huge potential breakout in coming days. As per the pattern for short- term buy signal has been generated at 113$ with a target of 795$.
Risk reward ration will be 1:6 which is highly profitable.
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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BCH big opportunity: BULL world BCH big UPDATE:
HIT HOLY GRAIL LEVEL TWICE on 24th Jan 2022 and 24th Feb 2022.
PI CYCLE BOTTOM GOT PRINTED on 18th March 2022.
BCH about to movebch is looking great to accumulate down here,
could potentially be close to breaking the down trend
$BCH long setupBitcoin Cash made a double bottom at $260 looks ready to make a move up
$BCH
Long @ $310
Target @ $500
Stop loss @ $260
Bitcoin Cash - Time to wake upIts time Bitcoin Cash steals the show from Bitcoin like in 2017. Look at this prolonged cup and handle formation which has a target of $10-20k per BCH
BItcoin Cash Midterm Analysis📊 BCHUSDT (Bitcoin Cash )
💹 Time Frame: Daily (Update)
➖➖➖➖➖➖➖➖
🟡 BCH is now trading near the S/R area of 350$. 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)
BCHUSD - Going Up? Hi everyone!
Is BCHUSD going up after this break and retest? What do you guys think? ;)
BCHUSD Falling WedgeChart pattern analysis of the daily chart for BCHUSD
Falling wedges tend to break out bullishly when complete
BCH/USDT is ready to MOVE UP !💎 BCHUSDT / 4H 💎
we have a Bullish parallel channel in 4H time Frame .
possible bounce from here !
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
