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Bchusdt

Bitcoin Cash (BCHUSDT/BCHBTC) Daily Trade Setups 2021/02/19Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out! If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below! And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins! Trade Setups Below are the potential trade setups that I would be interested in trading: BCHUSDT Long Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $640-655 by the time price reaches it, and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Long Trade Setup #2: Breakout and Continuation 1. Price Action: Price breaks above and falls back down to $774 and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Short Trade Setup #1: False Breakout 1. Price Action: Price breaks above and then falls below the high @ $774, forming a bull trap 2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out BCHBTC Long Trade Setup #1: Breakout and Continuation 1. Price Action: Price breaks above and falls back down to 0.0161 and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Short Trade Setup #1: False Breakout 1. Price Action: Price breaks above and then falls below the high @ 0.0161, forming a bull trap 2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out About Me I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016. I have worked on Wall Street trading bonds, stocks, and options. I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward. Why Follow Me Daily analysis on the latest market movements and price zones for high probability trade setups. Sharing of live trades that I take. A great place to help each other, learn from each other, and grow together. Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials Constantly testing and adding new trading strategies and refining battle-tested ones. DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
by cryptotraderog
2
BCH/USD - Ranging before breakout - $850 next❔BCH has been consolidating in this range for some time now and I expect us to get a reaction in price once we reach the triangle apex in blue. The indicators on 4h give some signs BCH wants to pump higher, but this is still timid and we need to see how this descending triangle resolves to have confirmation. On daily the indicators do not look as good since we are overextended with MACD and RSI curving down - this is not too bad yet as we did not cross on the negative side on MACD, so there is still a good chance we can pump higher. I am cautiously bullish for now, but we have to wait, there is no clear entry on BCH at this time. I'd consider a long if we break above this triangle. Targets and levels on the chart. Like and follow if you liked this idea. Also join my crypto community to stay in touch!
BITSTAMP:BCHUSDLong
by DU09
3
BCH/USDT in near futureHi every one BITCOIN CASH / TETHERUS has formed an ascending triangle this means that the projected price would be as good as the measured price movement ( AB=CD ) and since this pattern is already broken , this signal is more reliable Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck.
Long
by CobraVanguard
29
BCHUSDTHello to you all. Mars Signals team wishes you high profits at all times. Our first idea is that we think that Bitcoincash is going to rise towards 1,000 dollars. If it goes out of its channel, it can experience higher prices. (You can see the resistances on its path on the chart) Our second idea is that it will start ranging and go out of that channel. The less likely idea is that it will not be able to go out of that channel and will fall. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
by MarsSignals
2
Bitcoin Cash (BCH) - February 15Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You need to make sure you can get support on the 706.21424190-741.41976359 section. If you go down from 706.21424190 point, you can touch 600.59767260 point, so you need to trade carefully. If you fall between 574.28197715-600.59767260, you need a short stop loss. We must see if we can break above the 741.41976359 point and ascend towards the 856.32 point. -------------------------------------------------- ------------------------------------------- ** 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 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. Hence, 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 do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto
3