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Bchusdt

BCH/BTC 1D Jul. 25Suggested Entry: 25215 Target 1: 26650 Target 2: 27800 Target 3: 28840 Stop Loss: 24250 The reason why Bitcoin Cash (BCH or BCHABC) is bullish despite having a similar setup to XRP is for two main reasons: - Technical indicators support a stronger evidence for bullish momentum - While confirmation is yet to be provided, it could be argued that BCH has broken out of the descending wedge pattern As a descending wedge pattern in a downtrend is typically identified as a bullish reversal pattern, we suggest a long position with targets leading up to previous historical resistance levels, and a tight stop loss below significant support. Trade safe.
Long
by XForceGlobal
Bitcoin Cash (BCH) - July 25Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------------------- ----- ** This is the status of “Hide” the MRHAB-MY1 indicator, an indicator provided by our channel. ** To check the indicators, share the chart and click "Show" to see all indicators as they were before. -------------------------------------------------- ----------- It's still sideways. 264.48269150 Watch to see if you can rise above the point. If supported at the 264.48269150 point, it is expected that there will be a rise to challenge the long-term uptrend line (1). -------------------------------------------------- -------------------------------- ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: Resistance point or section, where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
by readCrypto
1
BCH/USD 60min long. ####### BCH/USD Technical Analysis - 240m - July 24 ####### ##################################################### ~ Active Trend : BULLISH ~ Background Trend : STRONGLY BULLISH ~ Technical Indicators : 50% Bullish, 11% Bearish, 39% Neutral ~ Weights : RSI and CCI bearish Divergence, $5m market Sell order BTC ~ Targets : 242, 260 -------------------------------------------------------------------------------- Sentimental Analysis The basic bullish trend is very strong on BITCOIN CASH - BCH/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 232.50 USD. Crossing the first resistance at 242.49 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 260.26 USD as an objective. Crossing it would then enable buyers to target 308.22 USD. Caution, a return to below 232.50 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
COINBASE:BCHUSDLong
by QuasiFlex
$BCH Found Support at $222Bitcoin Cash Market Breakdown - July 20th, 2020 Bitcoin Cash has hit both our entry points, with the most respected support at $222 Entry should've been along $222, although I think another touch of $222 is very possible If the price continues to drop with Bitcoin, I expect to see $213 in price BCH rejected hard off our $246 resistance, meaning the price is going to fall and that's what it did Tight stop off $222, might go down to $213 and if entry there set another tight stop There is little volatility in the markets right now, but it does look like markets are picking up a bit. As always please do your own research, I am not a financial advisor.
KRAKEN:BCHUSD
by kyer
Bitcoin Cash/Tether US is close to the Support Level...If the price will cross the Support Level it will be a nice opportunity to open the Sell position. The reason is the global bearish trend, every next high is lower than the previous. Potential profit will be 3 times bigger than the risk. Let's watch this together! Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
Short
by Yuriy_Bishko
2
BCHUSDT ANALYSISThe candles have been between the support line(206.5) and the resistance line(255) since March 20 except May 09, so If you have BCH, you should sell at the resistance line(255) but, If you do not have or you want to buy again, you should buy at the support line(206.5) This means every time your profit is about 22%. However, the next OR another opportunity is when BCH passes the resistance line(255), you should buy the next candle above the new support line(255) and only watch your good profit. You may follow me and my signals to the best opportunities and benefits.
by SixSenseTraders
1
Bitcoin Cash (BCH) - July 16Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- You need to make sure you can get support at point 222.98. In addition, you need to make sure that you can quickly rise above the 229.00000924 point. If you fall from 222.98, you are likely to touch 194.19134433 or lower. --------------------------------------------- (OKEX BCHUSDT 1D chart) 216.40~255.71 It fell from 236.14 near the middle of the box section. You need to make sure you can get support at point 216.40. If you fall from 216.40, you are likely to touch below 191.84. If it does, you need to make sure you can ascend to the important section, 314.13~361.05. -------------------------------------------------- ----------------------- ** You can check the indicator by activating the MRHAB-MY1 indicator. ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: Resistance point or section, where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
by readCrypto
2
BCHUSD the pattern has been changedHi friends hope you are well and welcome to the new update on Bitcoin cash. Recently a very positive move can be observed on the daily chart that after touching the support at $215 the price action moved up and broke out at $225 resistance again. At this time the price action is retesting the $225 resistance level as support that is really very good gesture because whenever the price action re-tests the previous resistance as supprt after breaking out then there are chances that the price action can move up to the next resistance level rather breaking down the support again. The price action of BCH is struggling at 100 SMA resistance level: If we watch the simple moving averages with the time period of 25, 50, 100 and 200 then still the priceline is struggling at the 100 simple moving average resistance and having support of 50 SMA. If the price action will break out the 100 simple moving average then next resistance of 200 simple moving average is at $170. The pattern has been changed: The price action of Bitcoin cash is moving in a wedge pattern. If we place the balance of power indicator then it can be clearly observed that the power between the bulls and bears is distributed equally. Whenever the balance of power is moving down or moving up the price action is following the signals and hitting this support and resistance levels accordingly. When the balance of power 8th time gave bearish signal the priceline of BCH moved down at support but when balance of power indicator gave bullish signal the price action did not reach at the resistance. And when for the ninth time the balance of power moved down the price action broke down the support of wedge. Therefore now the pattern has been changed from wedge to parallel channel. A big harmonic move: Now I would like to recall a very big bullish gartley pattern that I have shared in my previous articles as well. This pattern has been formed by the protection of Bitcoin cash on the monthly chart. At this time the price action is moving in the potential reversal zone of this pattern. As per Fibonacci sequence the price action can enter the Fibonacci projection of A to D leg from 0.382 to 0.786 Fibonacci levels. And the price targets can be as below: Potential reversal or buying zone: $242.32 to $167.94 Fibonacci projection or sell zone: $300.84 to $441.41 Conclusion: Even though the price action has strong resistance of 100 moving average on the daily chart. But it has also the support of $225 support level and after hitting the support of the channel that has been formed on the daily chart the movement up to the resistance is still due. Therefore we can expect that the price action can move up to the resistance of the channel at least. However, on the monthly chart a big bullish Gartley pattern is showing that the Bitcoin cash will start a long-term bullish rally soon.
COINBASE:BCHUSDLong
by moon333
1
Bitcoin Cash (BCH) - July 9Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. I go on vacation from July 13-15. Charts can be posted from the 16th. -------------------------------------- We need to make sure we can get support at the short-term resistance point of 243.80708674. -------------------------------------------------- ----------------------- ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: Resistance point or section, where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
by readCrypto