BCH/USD - Levels to watch, bullish price action towards $500!BCH broke outside this descending triangle and is now moving higher. We were stopped first at Fib 23% but now we managed to push higher and make it support. So our next target is $470, then $500.
I like how BCH is looking here and I expect us to push higher fast as momentum is building up in the market. ETH is pushing higher after passing it's ATH and we're looking sexy.
Indicators on BCH are very bullish, particularly on daily timeframe where the MACD is about to cross to the positive side and RSI is curving up nicely.
Very bullish on BCH, good to explore long opportunities.
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Bchusdt
Bitcoin Cash Poses To Be A Good Investment Right NowWarning: our thoughts are ours alone; not financial advice.
Not everyone believes in bitcoin cash or what it stands for. But like bitcoin, we also think it's a great speculative asset.
In our opinion, there's still opportunity to bag BCH as much as possible right now. Target, $600 and beyond.
Trade with caution.
BCHUSDT All Time ChartIf this chart breaks out I absolutely don't know the limit on this one.. The roooof willl blow off the top.. Check this all time chart out from BITTREX.. This is not financial advice but in my opinion one of the most solid trades and opportunities
Please like and Follow for more charts
Bitcoin Cash (BCH) - January 30Hello?
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.
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You should watch for any movement that deviates from 367.31848226-435.40010001.
If you fall at 367.31848226, you need a Stop Loss to preserve profit or loss.
However, you need to trade carefully as you can touch and climb 324.1 points.
If it rises above the 435.40010001 point, it is expected to rise above the 501.0 point.
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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 traditional 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)
BCHUSDT (BITCOIN CASH) - POTENTIAL BREAKOUT ANALYSIS 🔎
- BCHUSDT is printing a falling wedge pattern.
- This is reversal pattern.
- A bullish pattern to be precise.
- Price is testing the falling wedge's resistance.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance and the horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the swing low support level (S1).
BCH_USDTThis is my analysis for BCH, I think everything in the picture is clear and does not need to be explained. But I need to say a few things. 1️⃣These analyzes are only my personal opinion and no one knows the future. 2️⃣analysis posted on my page is only useful for people who have learned a little bit of analysis. 3️⃣ If BCH hits the targets, 344 and 288. ⭕Wait for a few candles to close. If there are signs of an uptrend, buy later. ⭕ Please like and comment Good luck friends
BCH/USD - Descending triangle approaching apex, what next?BCH has formed a descending triangle as indicated by the blue shape which is ranging between resistance ($600) and support ($400).
Price is now quickly approaching a decision time whereby it can break-up to retest the $600 level or seek lower support. We should know by early February.
4h indicators are flat, however on the daily we can see that we are trying to gather strength for a bullish bias where MACD histogram and Stoch RSI are curving up.
At this point, it is really up to BTC and ETH to set the tone for the overall market. In both cases we are at support levels so a new breakdown to lower levels may pull BCH down as well. To be seen.
Like and follow if you liked this idea!
Bitcoin Cash (BCH) - January 23Hello?
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.
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We have to see if we can get support at 435.40010001 and rise above 454.59999980.
If you fall at 367.31848226, you need a Stop Loss to preserve profit or loss.
It is of paramount importance to gain support by rising above 454.59999980 points from your current position.
-------------------------------------------------- -------------------------------------------
** 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 traditional 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 or CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
BCH - 4h. The price reaches the buy zone. Main Target - $1200The fall in the price of BTC yesterday provoked a strong downward impulse in the BCH market. The price for the day fell by 20% .
The main trading volumes by which buyers formed a wave of growth from 9 to 11 January are placed above, in the range of $400-600 . What threatens the coin next?
In fact, we expect the price of BCH to fall below $360. In the range of $360-390 is a better chance to buy a coin in the long run.
Our target is $1200. Why this mark? Read our global idea for this coin:
________________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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✳️Bitcoin Cash/USDT Analysis (22/1) #BCH $BCHThe selling force in BCH is quite strong and BCH is heading to $400 zone, which is very important as it will determine the next BCH trend.
If BCH lose $400 zone, its uptrend will end and it will fall back to $275 zone in early February.
If the buying force returns and BCH moves sideways around $520 for a while, in February there will be a strong buying force to push BCH to $800.
📈BUY
-Buy: 400-420$. SL if B
-Buy: 340-360$. SL if B
-Buy: 275-290$. SL if B
📉SELL
-Sell: 400-420$ if B. SL if A
-Sell: 340-360$ if B. SL if A
-Sell: 275-290$ if B. SL if A
♻️BACK-UP
-Buy: 500-520$ if A. SL if B
-Sell: 760-800$.SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
BCHUSDT History Repeat himself?Bch have the same pattern it used to have and it seems to be heading in the direction of a higher Long
In my opinion BCH will continue its fall for a week or 2 then it will reach to 670$ or higher in 1-2 months
Buy Zone : 460-430
TP1 : 538
TP2 : 594
TP3 : 678
SL : 395
Note : BTC high volatility , be careful for sudden drops
BCH/USDT : Just moving like LTC and ETH ! BINANCE:BCHUSDT
Hello everyone 😃
BCH is moving into ascending channel and looks more bullish than before !
indicators are bullish and it just passed current resistance, We expect a retest on channel's higher line at 615$ zone.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
-Helical_Trades