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Bchusdt

BCH/USD Secondary trend The important area Simple rules for workThe graph is logarithmic. This is a secondary trend. That is the fall of the price since May 19, 2021, from the pumping of +666%. The trend is a pronounced downtrend in spite of the significant local pumping of +50-80% within the downtrend. At the moment the price is in a local consolidation near the area where the trend reversal started last year. Coinmarket Coin: Bitcoin Cash I used a marker on the chart to show options for the logical start of the price movement (direction). Positive. If the secondary trend breaks through (red line) and the price fixes above the 218-300 zone—the trend reverses and the price goes up (at least, the decline stops and turns into a sideways trend). Bitcoin goes up. Negative. A breakout of this zone is unfortunate. Reality of the descending flag (or part of its targets). Semblance of a repeat of the 2018 fractal structure (see main trend idea for understanding). Let's hope it doesn't come to that... As it will mean that the similar will be not only on BCH, but also on the whole market, i.e., double top working out on bitcoin, if you don't understand what I mean. The main trend of this cryptocurrency. BCH/USD Main trend. Breakdown of the channel. The important zone. Simple rules of conduct in the market, which will help to multiply money, and for someone just to save: 1) Do not enter the market early. Wait for a good entry point with a higher probability of developing the trend direction you want. A trader should watch 70% of the time, 20% of the time buy, 10% of the time sell. Small market participants (those who lose money) tend to always only buy (their eternal dilemma, regardless of the phase of the market: "what to buy to become a millionaire fast")... Be patient, think rationally, not emotionally. Your entry point should have a good risk/profit ratio, at least 1:3. 2) Enter the market in installments of your allotted amount of money on a particular coin, or limit your risk if in doubt (but the question is, why enter if in doubt?). But even if in doubt, enter in installments (this applies to those who are just starting to trade). 3) Always protect your profits with a trivial stop-loss on its protection, or at least a partial fixing of profits at important levels of resistance (long) support (short). 4) Margin should not be too large, and it is better not to use margin trading at all and work only on the spot. Only those who work in the spot have a significant deposit, and this is a fact))) 5) When working in margin trading long / short, always use a stop loss unconditionally. If you have a big loss due to knocked out stops on margin, it's worth considering, maybe it's still more rational to work on the spot. Although, perhaps in this case it's not about trading on margin, but about the kind of trader you are (lack of experience, lack of knowledge, problems with the psychology of behavior in the market, the desire to "make quick money"...). The foundation of your trading is your trading strategy and risk management based on your experience. Don't try to guess what you don't understand. Do not inherit the majority of participants – kamikaze market. Try to evolve and work by gaining relevant experience in what you didn't initially understand. Slowly but surely day by day become better than yesterday, leaving the “experts” and anonymous “I know exactly” screamers behind in the market millstones.
COINBASE:BCHUSD
by SpartaBTC
3
BCH/USD Main trend. Breakdown of the channel. The important zoneMain Trend. Always, than to trade locally on the working timeframe 1h-1d always need to understand where the price is in the main trend and what to expect in the near future with the price with a high degree of probability. Coinmarket Coin: Bitcoin Cash The previous upward channel (uptrend) was broken by the price. At the moment, the price is near an important support zone (highlighted in gray). In this zone after the 2018 reset, the entire 2019-2020 year has been gaining major positions, this zone and served as a launching pad for pumping 2021 by more than +600% (+666%). I used a marker on the chart to show options for the logical start of the price movement (direction). Positive. If the secondary trend breaks through (red line) and the price fixes above the 218-300 zone—the trend reverses and the price goes up (at least, the decline stops and turns into a sideways trend). Bitcoin goes up. Negative. A breakout of this zone is unfortunate. Reality of the descending flag (or part of its targets). Semblance of a repeat of the 2018 fractal structure (see main trend idea for understanding). Let's hope it doesn't come to that... As it will mean that the similar will be not only on BCH, but also on the whole market, i.e., double top working out on bitcoin, if you don't understand what I mean. The secondary trend of this cryptocurrency. BCH/USD Secondary trend. The important zone. Simple rules for work. The price rises for a long time, but vertically falls quickly. Always protect your profits and don't wait for super targets, work in the trend. Difficult %. Have restraint, curb your greed and the rush of “no time”. If you're not sure - watch from the sidelines until there is confidence in a more likely price movement from which you can benefit.
COINBASE:BCHUSD
by SpartaBTC
16
🚀 Bitcoin Cash (BCHUSD): Triangle ④●● Preferred count ● Bitcoin Cash / U.S. Dollar (Coinbase) ,🕐TF: 1D Fig.1 The assumption that the primary wave ④ could take the form of a large triangle was put forward as early as May 2021 . Subwaves (A) , (B) and (C) have been completed within the triangle, an ascending zigzag is expected within wave (D) . At the end of the triangle ④ , a trading setup will open in a long-term long position. _______________________________________ ● Bitcoin Cash / U.S. Dollar (Coinbase) ,🕐TF: 8h Fig.2 The first wave within the uptrend, marked ⓘ , took the form of a zigzag . This zigzag may be the first wave within the leading diagonal A of (D) . I recommend waiting until the diagonal is fully formed, and then join the buyers at the end of the subsequent correction B . _______________________________________ ● Bitcoin Cash / U.S. Dollar (Coinbase) ,🕐TF: 30min. Fig.3 Variant of counting waves within a thirty-minute chart. _______________________________________ _______________________________________ ●● Alternative count ● Bitcoin Cash / U.S. Dollar (Coinbase),🕐TF: 2D Fig.4 The alternative is a bearish triangle (X) . In general, the count is consistent with the main scenario up to the top of the triangle (X) , but it is worth remembering: in about 60% of cases, wave " B " of the narrowing triangle ends behind the beginning of wave A . _______________________________________ Disclaimer: — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
COINBASE:BCHUSDLong
by TradeWaves-EWA
2
Bitcoin Cash UpdateWe chose Bitcoin Cash (BCHUSD) for you because it moves like Ethereum Classic, very strong with really big candles... So the potential is huge. When you add leverage like we did, then the profits go as high as the new moon. For this one, we visit our trade signal which is still active and at 395%+ profits... See it below: Bitcoin Cash Huge Potential on 10X (1600%+) | 15-July-2022 I hope you enjoy the articles, the trades & the content. Thanks a lot for your continued support. Namaste.
BITMEX:BCHUSD.PLong
by AlanSantana
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.
Long
by HurricaneCapital
Bitcoin Cash (BCH) - July 25Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BCHUSDT 1W Chart) Whether or not it can move higher than 202.7 is the key. To do that, you need to make sure you can climb above the 122.6-146.0 section. (1D chart) Primary resistance: 146.0 Secondary resistance: 174.8-202.7 Support: 106-122.6 We need to see if the price holds the price above the 60 SMA level. To do so, it needs to be supported in the 122.6-129.0 section or higher. - The Stoch RSI indicator is an indicator that can detect short-term fluctuations. - The rise of the CCI indicator is likely to show an upward trend from a mid- to long-term perspective. At the same time, when the Stoch RSI indicator and CCI indicator rise, more volatility appears. The opposite is also true. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
BCH Potential ShortThe above trade idea is based on symbol BCHUSDT - Binance. An alert has been set for the entry price. Risk Management is always important. Let the trade come to you. Stoploss(SL) 1% above entry. Take Profits(TP) at 1% increments. First TP1 will have a higher percentage of take profit. Do Techincal Analysis(TA) stick to your plan, let the trade come to you, and don't FOMO, if your plan does not come to fruition (not hit) then you have not lost any money, have a SL to ensure best practice so you can continue trading, journal your trade for self development and reflection.
Short
by DisDev
2