Bchusdt
BCH important milestonesWassup, crypto tribe.
Important resistance/support marks are displayed on the chart. Previous resistance becomes a support, the stronger resistance -> the stronger support it becomes after resistance is broken. So we have a few important marks out here: 630! 690! 745! If bullish set them as a targets.
Trade is active if Bitcoin is bullish, if Bitcoin brakes 42k, then we are also bearish.
R. Ver moves are also a wild card 🤡for this coin. But in times like this he usually either does nothing 🐉💤 or pumps it 🚀
Not a FA! DYOR!🦾
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Cyberpunk crypto nomad.
I exist behind ur screen.
My ideas are only a stream of proceeded materialized data.❇️💱
🆓Bitcoin Cash/USDT Analysis (23/2) #BCH $BCH$550 zone is a very good support zone for BCH rally. I think BCH will rebound back to $680 zone and try to conquer this zone, but this is a very strong zone and could cause BCH to reverse back to a retest of $450 or even $400.
If BCH conquers $680 zone it will be a bullish sign and it will continue to rise to $850 and $1250 price zones in March.
📅NEWS
👉Mar 1 : OKCoin Delisting
📈BUY
-Buy: 540-560$. SL if B
-Buy: 670-690$ if A. SL if B
📉SELL
-Sell: 670-690$. SL if A
-Sell: 840-860$. SL if A
-Sell: 1230-1270$. SL if A
♻️BACK-UP
-Sell: 540-560$ if B. SL if A
-Sell: 440-460$.SL if A
-Sell: 390-410$.SL if A
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
Cup & Handle target 960Following in daily graph.
I recommend spot trading.
There is a clean cup & handle formation and already got the confirmation.
Also there is a flag formation that supports our chart.
TP 960
SL 600 (If you buy spot, do not set hard SL and wait for the daily candle close. )
Please comment if you join the trade.
Good luck!
BCH/USDT - SHORT BREAK SIDEWAY CHANNELI expect that the Bitcoin Cash price will blossom in order to breach the support of the surface channel with the decline of Bitcoin and the market in general.
I expect the momentum to be negative in the coming hours or days.
The exit point was calculated by the width of the channel in which you were walking.
Manage your risk and don't forget to :
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Bitcoin Cash (BCH) - February 22Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
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We need to see if we can get support at 668.36839961 and climb above 706.21424190.
If you fall at 600.59767260, you need a short stop loss.
If supported at 741.41976359, it is expected to rise towards 811.83081120.
On the wRSI_SR indicator, we have to see if the RS line can rise more than 20.
At this point, you need to see where you are getting support.
On the CCI-RC indicator, we need to see if the CCI line can touch the EMA line and rise.
If the CCI line and EMA line cross, it is expected that volatility will occur, so careful trading is necessary.
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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 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 from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (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 or 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)
Bitcoin Cash (BCHUSDT/BCHBTC) Daily Trade Setups 2021/02/20Hi 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 @ $660-675 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: Retest and Continuation (61.8Fib)
1. Price Action: Price needs to move back down to the 61.8Fib @ 0.0125 and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
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!
BCH BreakoutI had a plan to long $BCH when it broke $500 but I was overexposed in other trades and did not take it. Original plan was to take half profit at $750, which is where we are now, and the other half, god willing, at $1,300ish.
My other positions have had targets hit ($ALGO) or stops hit ($SNX, $OMG) so capital is freed up. I am planning on entering on a dip or break and retest of $750.
If you look at my ideas you will notice a pattern. Drop, long accumulation, breakout, retest, off to the races (hypothetically.) If I wold have been monitoring $BCH at the time I probably would have entered when it broke out of that multimonth range around $365. I just wasn't watching $BCH closely at the time.
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!
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!