BCHUSD "Bitcoin Cash" Crypto Market Heist Plan on Bearish Side🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the BCHUSD "Bitcoin Cash" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a trade anywhere,
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retreat.
Stop Loss 🛑: Using the 2H period, the recent / nearest high level.
Goal 🎯: 480.00
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
BCHUSDTPERP
BCHUSDT - LONG [Daily Signal]Anti-Money Laundering (AML) policies on Centralized Exchanges (CEX) are crucial for preventing illegal activities such as money laundering and terrorist financing. These policies require exchanges to implement robust measures to verify users' identities, monitor transactions, and report suspicious activities.
Key components include Know Your Customer (KYC) procedures, where users must provide identification documents before trading. Transaction monitoring systems are used to detect unusual activities, such as large or frequent transactions that deviate from normal behavior.
Exchanges must also comply with international regulations and cooperate with financial authorities to share information about potential illicit activities. Strict AML policies help build trust and ensure the integrity of the financial system while protecting legitimate users from fraud and ensuring compliance with legal standards.
Bitcoin Cash BCH price now at the stage of correctionWe described in detail about such a project as Bitcoin Cash and our global vision of the CRYPTOCAP:BCH price movement in our previous idea, almost 2 years ago)
Since then, the #BCHUSDT price has made a modest x9
Looking at the #BCHUSD chart now, it seems that 5 waves of growth have already passed, and now the A-B-C correction process is underway.
Do we want to buy BCH in our investment portfolio - no
But if we were told: here's your money, but only to buy BCH, then the limit buy order would be placed at a price not higher than $320
Interested in what will happen next? Like and write your own version of the events
📊#BCH has the opportunity to form a double bottom structure📈🧠We started the correction after completing the daily level target. At present, the price has returned to the buying zone and obtained good support, and has the opportunity to form a double bottom structure. The target zone can focus on 611-663, and there is a chance to break through the short defense point.🙏🎯
➡️If it breaks through successfully, it means that the space above is opened and huge upside potential will appear.🚀🌕
⚠️Don’t forget risk management💯
✔️Trade safe✔️
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📊#BCH cup handle structure📈🧠From the perspective of the macro cycle, we still have not achieved our goals. We have been consolidating in the periodic resistance zone for a period of time. Currently, we have constructed a bullish cup-and-handle structure, so there is a high probability that we will use this structure as a supporting force to start rising.
Let's see👀
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BCHUSDT 1W Where to sell Bitcoin Cash if the growth startsToday, we want to focus your attention on the global and maximum chart of the BCHUSDT trading pair
In August 2017, it was "a very hot summer": the alt season was in full swing, and there was also a BTC fork, as a result of which Bitcoin holders received free BCH 1:1. The same manipulation took place after during the fork of Bitcoin Gold - another sad fork coin.
After the fork, the BCHUSDT price soared to $4200-4400 on various exchanges.
And then the success story of BCH disappeared.
At the time when BTC during 2019-2021 was able to increase in price 20 times, the price of BCH could not even rise to half of the ATH indicator.
On November 15, 2018, the Bitcoin Cash blockchain was split (hard fork) into two branches — BCHABC and BCHSV.
There is also a lot of controversial information surrounding one of the biggest supporters and the organizer of the BCH fork - Roger Ver
In a word, we bypass such projects and do not trade it.
Now, about the chart
The 13th week of red candles and an uncorrected fall in the BCH price continues.
There is not much left to the absolute price minimum, in the area of $75.
We cannot recommend the purchase of this asset. At the moment, there are many different interesting projects for investment
If a miracle happens on the market and the price of BCHUSD does turn upwards , then on the graph we have shown where it would be good to sell off your BCH.
Here, each individual has to look at his deposit where he bought BCH and where it is profitable for him to sell.
Levels from above for sales: $250, $350, $550. The most positive and still weakly realistic forecast for the growth of the Bitcoin Cash price is $900
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BCHUSD Strong bullish in bearish marketWhile BTC struggle with bearish wave, BCH move in a stong bullish with expanding channel up.
Its little bit late to follow bullish at BCH,
the best option we have is to wait for small pullback at fibonacci point or wait at support if you aim for low risk.
Target for BCH at channel up resistance or at previous high.
Maximum target for BCH at $423 as fibonacci projection.
📊#BCH completes the small double top structure goal, what next❓🧠Today we fell below the uptrend line, which means that we will most likely continue our short position. In the afternoon, we completely broke away from the resistance zone and adjusted a descending triangle model within a small time level (generally we fall according to this model ), so we laid out market traps based on certain signals and logic. In the end, we successfully hunted for a return rate of 220%+💥, which also meant that the goals of the small double top structure were all achieved. The market quickly rebounded after we reduced our holdings. We may then continue lower following a large double top structure.📉
⚠️Note that although we are moving lower, we are still bullish in the broader cycle. If the short defense points of the two double top structures above are broken, it means that the short structure is destroyed, and we will continue to move higher.📈
Let's see👀
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📊BCH has a potential smiley face bearish structure, beware of📉➡️First of all, our general direction is bullish, but a potential smiley face bearish structure has formed in the resistance zone, and there is a certain contradiction.
🧠We don’t need to guess which way the market will go, we just need to wait for a clear signal: if we choose to continue to break through the short defense point, then the bulls will continue. If we break below the inflection point, then the smiley face bearish structure will hold and we will enter a phased correction.☕️
Let's see👀
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Bitcoin Cash BCH long medium-term trade #22Yesterday, the BCHUSDT price behaved quite well during the "circuses" that were organized using trigger words: "ETF" "BlackRock" "SEC"...
This manipulation "deleted" many shorts positions... but gave two points for reflection:
- there is strong demand for growth. The slightest trigger in the form of a tweet and the price of BTC is ready to push up +7.5% in 15 minutes, the last time it seems to have happened in 2017.
- What if, yesterday, many shorts' stop orders were deliberately knocked down to make it easier to fall without "extra passengers"? (There have always been paid-for articles or "accidental mistakes" in publications on the crypto market - it's a matter of price and benefit.)
Write in the comments what do you think happened yesterday and what will happen next?
Nevertheless, we are here to trade and make money on it. Therefore, we bring to your attention the conditions on which we are ready to enter the medium-term BCHUSD trade
Entry: in the range of $177.6-189.6 (the desired average price is $183.6)
Stop: $165.4 (-9.9%)
Take profit: $305.60 (+65.45%)
P/L ratio: 6.7/1
For now, we are taking a more pessimistic scenario as a basis, a price correction of -20% from the current one. Since it is not yet clear whether yesterday's manipulative events have finally worked on the price and what the final goal of the manipulation was.
However, if the BCH price corrects relatively smoothly and slows down around $201 (-12%) , then this is also a reasonable and convenient point to enter long.
We will closely monitor the movement of the Bitcoin Cash price and, if necessary, update the idea and the trade to adjust to the market situation.
Therefore, if you are interested in the BCHUSDT trade, please like, comment, and subscribe to us, and Tradingview will send you a notification when the idea is updated.
Bitcoin Cash BCH price what is happening, why is it growing?The goal from the previous BCHUSDT idea, which was drawn on the chart, has been achieved, that's why it is worth updating the picture and thoughts.
By the way, in the same previous idea, we described a lot about Bicoin Cash and our memories associated with this project on the crypto market.
So, in a little over a week, the price of BCH has grown by +130%, which is a super rapid growth that has not been seen since the end of 2018.
We don't know what this rapid growth is due to, maybe you will share important information in the comments below the idea?
In our opinion, before continuing the growth wave to t he next targets of $340 and $550 , the BCHUSD price should correct in the coming days.
And the $150-160 zone is a "tasty area" for buying BCH, of course, if you believe that the project has been resurrected and has great prospects.
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Bitcoin Cash BCH price try to rise while crypto market "frozen"?Today we want to focus your attention on the global chart of the BCHUSDT trading pair.
It was a "very hot summer" in August 2017: the altcoin season was in full swing, and then there was the first historical BTC fork, which resulted in bitcoin holders receiving free BCH 1:1. All of the following eight BTC forks that were realized on "the hype" with an obvious speculative purpose have long been forgotten by history. And the coins that resulted from the BTC fork are worthless and are not needed by anyone.
After the fork, the BCHUSDT price soared to $4200-4400 on various exchanges.
And then the success story of BCH melted away against the background of other cryptocurrencies.
While BTC was able to grow 20 times in value during 2019-2021, the price of BCH could not even rise to half of the ATH rate.
On November 15, 2018, the Bitcoin Cash blockchain was split (hard forked) into two branches - BCHABC and BCHSV.
There was also a lot of contradictory information about one of the biggest supporters and organizers of the BCH fork, Roger Ver, although we haven't heard from him something interesting or extravagance for a long time.
Now about the BCHUSD chart
For almost a year, the BCH price has been moving in the range of $100-150
And we would continue to ignore this long-forgotten project, BUT:
Yesterday, when the cryptocurrency market was in a narrow consolidation, the price of BCHUSDT jumped up +12% and closed the trading day with a powerful green candle.
The related coin BSV gained +50% on the day.
What happened in the projects that they decided to pump their price while the market is in uncertainty? Please share your thoughts in the comments.
If a miracle happens on the market and the BCHUSDT price is fixed above $150, on the chart shows all the levels where it would be good to sell your BCH.
Here everyone should look at their deposit, where they bought BCH, and where it is profitable for them to sell.
The levels from the top for selling are $250, $340, and $550. The most positive and super unlikely forecast for Bitcoin Cash price growth is $900
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🟢 BCHUSDT - 1H (04.02.2023)🟢 BCHUSDT
TF: 1H
Side: Long
TP 1: $138.66
TP 2: $139.60
TP 3: $140.54
Here we have a very clean chart. First we notice that my usual 38.2% fib level has already been tested, so next we target the 61.8% fib level.
$135.63 is a good support level currently. And I believe that it will provide enough power to launch towards my target of $140.54.
#BCHUSDT Sideways Channel ($100-$150)Trade setup: Trading in a Sideways Channel ($100-$150). Swing trader: trade the channel (Enter near $100 support and Exit near $150 resistance). Trends remain bearish but $100 support area could be a swing entry point for a riskier trade setup; keep a tight stop loss (~$95). (set a price alert)
Trend: Neutral on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium
Support and Resistance: Nearest Support Zone is $100. The nearest Resistance Zone is $150, then $200.