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Bchusdt

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
BCH/USDT will probably go out of the banner shock!BCH/USDT will probably go out of the banner shock! 🚀📈 Exciting News! 📉🚀 📉 BCH/USDT has recently experienced 5 consecutive days of slight decline, indicating the release of short selling momentum. But wait, there's more! 📈 The positive trend is pulling up, showing signs of a potential upward surge! 💹 💪 With the closest support around 225.04 (June 29, 2023 opening price), the outlook is promising for potential rebounds! 📊 🚩 Get ready for a flag-shaped oscillation pattern ahead, offering opportunities for both short-term traders and long-term investors! 📈🚩 🌟 Don't miss out on this golden opportunity! Stay tuned for potential profits as BCH/USDT prepares for exciting price movements! #BCH #USDT #ForexTrading
by Think_More
Bitcoin Cash rally is overHi guys, let's review the current situation on Bitcoin Cash. It seems that Bitcoin Cash continue rally is coming to the end and probably we won't see any big green candle on weekly chart. In my previous post I indicated that last couple weeks there was extremely high volume on weekly candles and often it may indicate on changing direction, at least short term. Note that last on last week candle there was highest volume ever on BCH so it's normal that there will be some correction. This week we can see this correction. If bulls want to continue recent rally then it's important for them to BCH close above 265 on weekly candle, it would be better if it closes somewhere around 280-290. If this happens then we can expect price to test 330-340 levels but from current situation it's unlikely that this will happen. I expect that even if BCH price will rise it won't go higher than 300-310 and then continues it's correction to 220-200 levels. 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
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Long
by SafeCryptoSignals
1
BCH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BCH/USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin cash (BCH) rallied back above 300.00 on Thursday, prior to the global crypto market moving to consolidate. Following a low of 250.23 on Thursday, BCH/USD jumped to an intraday peak at 300.85 earlier in the day’s session. As a result of the rally, the price moved to its strongest point since the start of the week, and closer to a recent 15-month high. Earlier gains have now been erased, with BCH falling to a current reading of 279.71 as of writing. One of the catalysts for this is the fact that the relative strength index (RSI) moved closer to a ceiling at 73.00, after bouncing from a floor at 70.00. The index is now tracking at 71.69, and will likely consolidate around this area for the remainder of the day. 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
by CryptoSanders9563
1
Bitcoin Cash aspire to the moon.Hi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash continue to crash all resistance levels one by one and aspire to the moon. For the last couple weeks BCH price increased by over 200% and trading above 300 at the moment. To be honest I didn't expect this huge rise and it was very much surprising to me. Overall, I expected that BCH will rise but not so much. As I see there is only one main resistance remained on its course. I indicated this resistance area from 390 to 420. Also, take a note on weekly volume. It's extremely high and usually after such huge volume we can expect some price correction. Let's see how far BCH price can go. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
by Real_CryptoRoy
3
BCHUSDT ---> %78 PROFIThello guys... There is such thing as a free lunch :) as you can see bch broke the descending wedge after that did a sharp move and at the same time, it broke the previous resistance level If the price retraces to $174 level you can get a long position and hold it until $316! _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
18
Overview of accumulation breakout patternsWelcome to my new educational post As you can see in BCH/USDT chart, One weekly green candle is enough to overcome 1 year of bear/consolidation zone !! If you are surprised, let me tell you this is very normal behavior in crypto market as we saw this happened many times before Another example : DOGE / USD When to expect a coin to explode like that ? The accumulation pattern have many stages 1- After a period of bear market starts to deccelerate the price action becomes flat and usually take long time of horizontal accumulation between main supply and main demand (weeks / months / years ) 2- Multiple fakeouts can happen to make both buyers and sellers exhausted *The best buy (smart money) after the price reclaim the main demand after stoploss taken the second best buy after valid breakout (candle closing) The shorting is the vice-versa 3 - Finally the strong breakout take place and overcome many weeks / months or even years of bear / consolidation/ accumulation zone 4- After the coin make breakout many traders will avoid it in the early breakout but it will continue rise and rise ..and every time it rises more it becomes more risky Later it will turn to be crowded coin and many newcomers buy it at very high prices at this stage it becomes a gamble and MM will sell their profits on newbies Note : The distribution phase is the opposite of accumulation phase Note : not all coins can survive bear market, So the fundamental view has great role to support the coin I can tell you about potential coins in accumulation now which have chance to do similar thing : #FTT - #DYDX DO you know another potential coins in accumulation ? Tell me in comment section below ⬇️
Education
by Babenski
49