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Bchusdt

BCH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BCH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin cash (BCH) rose by as much as 6% on Tuesday, as bulls returned to the market following recent declines in price. After falling to a low of 181.38 to start the week, BCH/USD raced to a peak of 198.93 earlier in the day. This rally saw bitcoin cash snap a four-day losing streak, which pushed the price close to a support level of 180.00. it appears that this was the trigger bulls needed in order to return to the market. The 14-day relative strength index (RSI) also bounced at its own floor at the 35.00 mark and is now tracking at 37.58. Should today’s momentum extend through the rest of the week, there is a good chance that BCH will rise towards a critical resistance level of 220.00. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BCH/USDT is Ready For Bullish Rally | Bitcoin Cash Analysis💎Yello Paradisers! Get ready for an exhilarating journey with BCHUSDT. Right now, it's comfortably positioned in a demand zone, hinting at a potential bullish surge. 💎Currently, BCH is holding onto a crucial support level, moving within a specified boundary. A bearish order block has posed some challenges within this territory. 💎The momentum seems to be building, and there's a strong chance the price will break through the order block, aiming for the above supply zone. 💎However, if the bears take control and the price drops beneath the support, it might pave the way for a prime shorting scenario. 💎Stay tuned for more strategic trading insights from us! 🌴
Long
by MyCryptoParadise_Simon
Bitcoin Cash broke 200 levelHi guys, let's review the current situation on Bitcoin Cash. In my previous post I indicated that if Bitcoin falls under 28k then Bitcoin Cash drops under 200 level and that's what happened here. Bitcoin dropped up to 25k and Bitcoin Cash almost touched 160. As it shown on the chart BCH almost touched upper bound of 160-145 support area and I think that now this area will play important role for Bitcoin Cash. I don't think that this level will be broken any time soon as I don't expect Bitcoin to break 25k support either. But probably BCH price now will be fluctuating between 160 and 200 prices. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
by Real_CryptoRoy
3
BCH/USDT Potential Rejection And Continue Upward Movement Hello Paradisers, turn your attention to this token! 💎 BCH, also following BTC's sharp decline to $24k, has breached its demand zone. 💎Currently, BCH might rise to form a new leg before either continuing its descent or heading straight to the Bullish Order Block or untouched demand zone. 💎Typically, a fresh demand zone witnesses a strong bounce-back, given that it remains untapped. Such areas often house a significant number of buyers and accumulation activities.
by MyCryptoParadise_Nathan
Bitcoin Cash just reached 200 price.Hi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash just reached my main target at 200 price. This is lower bound of 220-200 support level. In my previous ideas I indicated that it's very likely that BCH will touch that level. It took some time but eventually Bitcoin Cash has reached 200 level. Now there are view options how BCH price can behave at that level. Option 1: Price can correct to 220-230 price and from there slowly drop back to 200 level. Option 2: Price can consolidate at 200-220 price range and after some time drop under 200 level. Option 3: If Bitcoin falls under 28k then BCH drops under 200 level. I expect that there will be some correction up to 220 price and from there drop to 200 again. Let see how it goes. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
by Real_CryptoRoy
2
Bitcoin Cash just broke it local support at 235 price levelHi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash just broke it local support at 235 price level and almost touched upper bound of 218-200 support area. As I indicated in my previous ideas I wait 200 price level after which there might be some correction phase. Before BCH will reach this level I don't expect any significant correction. Otherwise everything goes as expected and I think that very soon we'll see Bitcoin Cash at 200 price. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
Short
by Real_CryptoRoy
7
Bitcoin Cash is trading in a narrow price rangeHi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash is traiding in a narrow price range between 260 and 235. It seems that it's found local support at 235 and from there it's trying to test 265 resistance but so far it didn't go higher 260 price. I don't think that BCH price will go significantly higher than 265 resistance area. Overall I'm bearish on Bitcoin Cash and still waiting its reaching 200 support level but it can take some time. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
Short
by Real_CryptoRoy
2
Bitcoin Cash in declineHi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash is in strong downtrend and isn't showing any signs of life. In my previous post about Bitcoin Cash I wrote that it is likely that price will go to 200 level. So far it goes slowly but surely. Even recent Ripple win in court against SEC didn't help BCH to climb to 300 and stay above. There is definitely no buyers in Bitcoin Cash and price will slowly drop to 200 and maybe even lower. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
Short
by Real_CryptoRoy
5
BCH rally update!Hey friends hope you are well, and welcome to the new update on Bitcoin Cash (BCH). Falling wedge breakout: On a weekly time frame, the 15th largest cryptocurrency has broken out a falling wedge pattern. Big symmetrical triangle: After the breakout Bitcoin Cash was not able to continue the rally because of a resistance of big symmetrical triangle. Bull flag: On a daily time frame, priceline of BCH has formed a bull flag and target for this bull flag is almost $1000. Conclusion: Bitcoin Cash has broken out two major resistance levels of a falling wedge, and a big symmetrical triangle. Now the bull flag formation is signaling to the continuation of the rally.
Long
by moon333
2