Bchusdt
BCHUSD (Waiting for the resistance zone breakout in day chart)#BCHUSD Technical Analysis Update
Waiting for the Resistance Zone Breakout on the day chart
BCH/USD currently trading at $350
LONG ENTRY: Above $380 ( Enter long after 1-day candle closes above $380)
STOP LOSS: I will update once I see the Breakout
Target 1: $480
Target 2: $620
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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BCH.USDT (Y20.P5.E1).Stalking.Looking for an entry.Hi All,
On the lower time frames, Bitcoin cash as a trend on the 3 HRLY and so now stalking for a bullish candle or combination of candles to jump in.
Note: BCH has broken a key level so it now opened itself up for new potential highs.
Cheers,
S.SAri
BCH-12h. Buyers are preparing for the $548 test.Consolidation in the BCH market continues. Our previous idea worked and the price reached the range of $257-267.
In fact, from September 2020, buyers are trying to break an important mark $372. All counterattacks by sellers are confidently neutralized. The chart shows how well the lower trend line of buyers is working.
Since November 24, consolidation has continued at a big volumes. It seems that the big players are accumulating a position before the start of a new wave of growth.
Now buyers are again trying to break the critical point. The break of this mark will quickly transfer the price of BCH to $548.
However, closing the daily candle below $372 will continue the "exciting" consolidation in the BCH market.
If you like to trade consolidation ranges - we suggest you review our UNI idea:
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Bitcoin Cash (BCH) - December 27Hello?
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 need to see if it can rise along the uptrend line (4).
You also need to make sure you can get support at point 324.1.
If you decline at 278.26196606, you need Stop Loss to preserve your profit and loss.
It remains to be seen if volatility around January 8 could rise above 367.31848226 points.
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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)
** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.
** 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 trading. You should trade from a short-term investment perspective.)
BCH Double Top FormedHello everyone today we have bad formed pattern BCHUSDT:
A)We can see we have double top pattern is already formed
B)Every double Top peak we can see we have decline volume this is formation how double top formed
C)If we breakdown neckline we can go 140$ area and confirm with volume also remember
D)We measure peak to neckline and put measured target bellow neckline
If you agree with me hit the like bottom)))
BCH Buy Limit setup.Bitcoin Cash - Intraday - We look to Buy at 305.2 (stop at 296.9)
Daily signals are mildly bullish.
Pivot resistance is at 331.3.
Our bias remains bullish and further upside is expected to target resistance at 331.0.
We look to buy dips.
Our profit targets will be 330.9 and 348.4
Resistance: 330.0 / 350.0 / 360.0
Support: 305.0 / 300.0 / 285.0
BCH-4h. The price goes to the range of $ 257-268.The month on the BCH market passed in a wide consolidation range.
Buyers managed to barely update the previous high and give false hope to buyers to continue the trend.
Since December 21, the price has fallen by 25% virtually unhindered. The main volumes are concentrated within this consolidation in the range of $310-320 . Buyers have lost control of this range. If BTC does not break the $22,500 mark and goes to update the historical high - BCH buyers have a chance to regain control of $310-320 .
However, it is safest to buy a coin in the range of $257-268.
________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
Bitcoin Cash (BCH) - December 22Hello?
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 are holding the price above the 278.26196606-293.00097721 section, so there is always the possibility of further gains.
It remains to be seen if it can gain support and rise at the uptrend line (4) and at 324.1.
Between December 30th and January 8th, we should watch for any movement that deviates from the 293.00097721-367.31848226 segment.
If you break above the uptrend line (2) and get support, I think there is a high possibility that it will rise to the 435.40010001-454.59999980 section with further gains.
If I break below the downtrend line (1) and get resistance, I think there is a possibility to touch the 209.23112174-230.18881201 section.
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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.
** 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 trading. You should trade from a short-term investment perspective.)
Weekly Bullish WatchlistTCT/USDT, Bitcoin Cash, Troy/USDT, Nuls/USDT.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Bitcoin Cash - Daily UpdateBottom Line: A third wave rally is in its early stages.
Key Levels: Above 280.33, 324.90, 337.64 Below 133.74, 204.46, 231.43
Outlook: Higher in a developing third wave advance against 204.46.
Analysis: We continue watching for evidence a small second wave correction is at or near an end. Key support for our outlook is 245.59, with critical support at 231.43.
Ahead of the Curve - InformativeThis is an informative post rather than an analysis.
Hopefully someone extracts some value from it.
I believe in staying ahead of the curve, in doing this, we don't need to make fast moves. Being patient often pays.
For example Bitcoin Cash, has a goal at the end of its Roadmap "mankind scale" which includes 50 transactions a day for 10 billion people.
Positioning ourselves for these events in the roadmap, can provide a new way at looking at scaling and in my mind 'payment options'
We are starting to see the adoption of Bitcoin ATM's and Bitcoin payments within stores. "the obvious option is "buy bitcoin??!" which I feel a lot of people stick to.
However is this ahead of the curve?
In the grand scheme of things it most likely is, but are there better options?
Bitcoin Cash for example, a fork of Bitcoin, is processing more payments than Bitcoin in Africa, coupled with an underdeveloped and youthful TA situation. Gives large prospect for growth. The 'mankind scale' creates a thought provoking assumption. That the majority of the world will be using cryptocurrency. (im not an expert at population inflation rates)
In my opinion Ethereum is the clear winner in diversifying and revolutionizing the way we view currency. With the introduction of DeFi. And my portfolio reflects this decision.
Thankyou for reading my thoughts.
Remember its not just Bitcoin.
Bixley
Bitcoin Cash (BCH) - December 15Good morning?
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 must see if we can climb above the resistance section of 278.26196606-293.00097721 and break above the 293.00097721 point.
If it falls at 278.26196606, it is a short-term Stop Loss.
If it rises from the 293.00097721 point, a move is expected to break above the 324.1 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.
** 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 trading. You should trade from a short-term investment perspective.)