Bchusdlong
Bitcoin Cash respecting support, Bullish momentum underwayForget whatever your paid group analysts are saying about bitcoin cash.
All you need are these 4 Support/resistance levels to develop your trades.
Plan A:
- Long the retest of support (75% range level)
- Target- Mid Range, 25% and Range High
- Stop loss- below range low
Plan B:
- Trust and Follow what plan A says, forget plan B, Real trader doesn't need Plan B
Good luck!
Trading plan BAB/USD (BCH/USD) 4/11/2019Hi everyone,
We recommend to look at the purchase of BAB / USD from the key support levels of 237/223.
Stop loss - 189.
Target - 460/700.
BCH looking to bust $220For all you BCH fans out there, BCH is knocking on this 220 area. Once we break this area, expect a sharp move up to 300. Once that resistance is broken, 400 is the next level to watch. I wouldn't even worry about resistance at the $350 level, typically when there is a gap like we had, the market it fills it pretty quickly. Not always, but usually. Everything is looking bullish at the moment.
Happy Trading and hodling,
-Sherem
Straggler or Striker ? ... hoping not a failure 2k19 :)all is mentioned in graph ( can be long term or neutral )
1. striker in case 2k19 brings some blessings :) .. Augmenting Profits !
2. Straggler some gifts are awaiting ... descent profits though
3. Failure , long pending .. A lot of patients would be required ..
Rules!
Never risk more than your affordability
close deals in case reversal is confirmed at lose of 2-5 percents max.. coz losing emotionally is stupidity!!
Most coins follow same patterns within same time usually ..
Have a Good 2k19 :)
"fingers crossed"
Bounce From the H&S Target Low ($140)Hey everyone, in my last post I called a H&S pattern near the top of the head (where I closed my position at $183) after seeing the right shoulder confirmation I measured the distance from the peak of the head to the neckline and used that measurement at the break of the neckline to find a position to buy ($140) I ended up buying at $140.75.
On a longer-term perspective looking at the daily chart a cup & handle formation looks to be coming to an end, as if this break from the H&S above pushed price down to form the end of the handle, and we are oversold on the hourly. I am looking for a +15-20% trade from this bounce. Good luck to everyone, and if you have another opinion or something to add please leave a comment. Thanks!
Bitcoin ABC FallGreetings from Benice team!
The market has continued to grow on all fronts today, including the coins which are far away from the TOP.
Bitcoin Cash ABC especially stepped up to the plate! It has grown 43% during the day!
It can momentarily drop to somewhere around 100. According to RSI, there is an oversold situation.
SELL signal for the current assets.
Restart purchasing at 100 and 98.
Globally, the coin is worth accumulating a part of the funds in it.
Follow our updates of the idea!
BCHABC PredictionWe think we can see strong move to BCHABC
targets
T1: 0.055900
T2: 0.059
T3: 0.061
Please like and leave comment,we'll appropriate that a lot.
Best of Luck.
CryptoStarsChannel.
Bitcoin Cash (BCH) May be a good 5% move up.Bitcoin Cash has been consolidating in this area for a while. Currently has had a correction down, and if we can hold this area, it should start heading up.
Thanks for viewing! This trade is being taken as there is a long signal.
Keep in mind this could fail, so set a stop loss below the low. If there is a stop hunt, buy back in.
Currently Bitcoin is testing the lows once again. If it breaks down, this trade is negated. The stop loss should get us out beforehand.
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
BCH scalp long on Bitmex 1-2% of capital on this trade.
recommended levarage 5x.
Time is playing for us in this trade, just wait for pullup and enjoy.
TA on BCH/BTCDid a TA on Bitcoin Cash against BTC. It shot up from 0.064 BTC all the way till 0.098 BTC after the announcement from binance that the hard fork token will be supported. Interestingly enough, it did not pass the point of 0.1 BTC and i think because there was a lot of sell orders at that point because of the rule of round number. Nonetheless, after doing a fibonacci retracement on the chart, i figure a good entry can be at 0.0824 BTC at the exact 50% retracement mark. The retracement was a normal one because BCH was very overbought from the last few days.
Head and shoulders bch on 5, 15, 60 min chartthink there is still much time to the fork left so there is enough time for the last spike before last retracemant....
BCH (Bitcoin Cash) 20% Target Achieves....!!Both Long Position Target Complete .
Let c What will be next Move in BCH.
Be careful about shorting Bitcoin Cash here. Consider this.Bitcoin Cash is currently having an insane pump. Many of you probably have thought about shorting it or have already done so.
But be careful. Look at the massive amounts of shorts being opened during the pump. You do not want to get caught up in a short squeeze, which is what happened for XRP. Instead, if you wish to short it, just wait for a 50% correction and short the bounce from 0.5 for a much safer short entry, You will catch most the profits without the risk of shorting currently.
While I do suspect the rally is ending soon, opening a short when shorts are insanely high is very risky. Keep in mind shorters need to buy back into the market.
During the XRP rally, the shorters opened the position and price pushed 50% higher, causing cascade of liquidations. The remaining shorters managed to close their positions at the exact top. The same could be happening for Bitcoin Cash.
Thanks for viewing! View previous ideas in related section.