BCH - What happens next?Hi, this is my new update for BCH. Last week we saw BCH held the SMA100 very well and today we finally broke the SMA50 and we have already backtested. In my last update, I told you we have reached bottom for BCH and that was because we got a double bottom in RSI, a double bottom in MACD and a beautiful double bottom in the chart. Now we are getting ready for resistance $620-630 and once we get above it, then we are ready for resistance $725-730. So be prepared and don't PANIC ;)
Bchusdt
BCHUSDT Movement - Breakout & Pullback to BUYing ZoneDear All Hi
Hope All is Well With you
as you know : its NOT a FINANCIAL ADVISE , its Just a PERSONAL IDEA
so here we have :
as you see in chart :
after Breakout from TRiangle , we have 3 Resistance Line Ahead , but before everything we may face a pullback to buy zone ( az i mentioned in Chart )
my Personal Idea is to Enter the trade after reaching BUY ZONE and then we gonna go higher , and break the Short time resistance line
Lets sit and watch
Have a Good TRADay
please LIKE and FOLLOW if you LIKE my IDEA
Regards
PeymanMo
BITCOIN CASH in 1d. 29 MarchProbability 1. Breaks the uptrend line in April or May, and drops toto $ 460 and return to $ 490 - $ 500 continuing with the consolidation process at these prices.
Probability 2. Not able to break the uptrend line in April or May, and quickly climb to $ 640 and $ 640, maintain the consolidation at these prices and then quickly rise to $ 800 and $850 in may or jun
Probability 3. Break the uptrend line in April or May and fall quickly to $ 380, and return to $ 400 - $ 430 continuing with the consolidation process.
BCH - Be PreparedHi, this is mye new update for BCH. In the last 12 days BCH has fallen 25% and this gives us a good discount compared to the other coins. After a big fall from $610, we have now find support around $440 and we saw yesterday that the SMA100 held very well and we got a beautiful double bottom in RSI and that indicates we have reached the bottom and now we are going up. First resistance for BCH is around $535-550 and once we get above it we are going to test the resistance $610-635. So be prepared and don't PANIC, good things take time.
Bitcoin Cash (BCH) - March 22Hello?
Dear traders, nice to meet you.
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You should watch for any movement that deviates from the 494.98110330-600.59767260 section.
In particular, it remains to be seen if it can rise along the uptrend line (2).
If it falls at 435.40010001, you need Stop Loss to preserve profit and loss.
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(BCHUSDT 1D chart)
It remains to be seen if it can rise above the 599.94 point by following the uptrend line.
If it falls between 448.01-485.99, Stop Loss is required to preserve profit and loss.
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(BCHBTC 1D chart)
We need to see if we can move sideways by ascending to the 0.009703-0.010454 segment.
If it falls, you need to make sure you get support at 0.008467.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
A very good investment This crypto is insanely good and reliable but from a technical point of view, it's not clear how it'll behave in details. In other words, we know that is can reach these targets but for a person with a short-term perspective, it may be a little risky to enter this trade.
But It will certainly reach the marked zones.
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BCH/USD - Time to decide: Pump to $1,000 or death under $400!BCH is approaching a decision time. We are in this symmetrical triangle which is normally a continuation pattern (bullish in this case). For this to confirm, we need to break-up and move above $620. This would confirm BCH is ready to pump and aim for $1,000.
If we fail to do so, we break-down and pierce the parabola in yellow and we fall towards $400... then we're turning quite bearish... but for now that is unlikely.
The daily indicators are not very clear and rather flat. Volume has been low in the past two weeks. So we really need to see how this pattern resolves to get clarity.
On 4h the indicators are bullish, so I am bullish on this formation which will be confirmed once we break out of this triangle.
We really need to break-up here, otherwise we will turn quite bearish on larger timeframes such as 3d and weekly.
We should find out where we go around this coming weekend.
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$BCH technical Analysis Bitcoin Cash is currently showing consolidation between 515 and 530 area.
We can see price is now above 100MA, which is now acting as a strong support. As price seems to trend with 100EMA.
We can also see price is being respected on its trend support, which is a critical level.
MACD is showing a possible bullish crossing.
If price decides to move up from here, we can possible see a minor rejection / reversal at 0.618 FIB level ($645)
If 100MA & Trend support is broken, price is likely to touch next support cluster at around $445.
BCH/BTC 400% potentiAL FROM here#BCH/BTC TA Update:-
#BCH/BTC looks good at this level.
I am buying here some and already bought some at 0.011 BTC level.
Keep an eye on Red box.
This red box is very important for bull of #BCH
Entry:- 0.007-0.0094 BTC
Between this zone best entry.
Targets:- 0.0156/0.02/0.025/0.035 BTC
If you want to hold then this is good potential.
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