Bchusdtrade
be ready for at least 80% profits 🚀right now possibly we may correct shortly but nothing to worry about.
1- the price returns back to close above EMA 50.
2- the candle body is getting bigger each week. (momentum increasing)
3- as soon as BTC is showing strength for goin up, it gives good indicator for seeing higher highs n lower lows.
🔶🔶FREE MIDTERM VIP SIGNAL🔶🔶
Pair: BCH/USDT
✅ BUY: 570 - 650 ✅
🎯 Targets:-
1- $700
2- $805
3- $975
4- $1200
5- $1420
6- $1640
STOP LOSS: $530
Check the continuation of the #BCH processThe formation of a rectangle and the side space inside it and passing through each side, determines the continuation of the process. Most of these rectangles in this position are ascending charts and can reach two important resistances. After the orange inflatable box, you can think of more mountaineering (namely 2400 hits).
In the lower time frame, the points of sale were identified that you can use both sides
💡BCH: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021IMPORTANT TIP: CRYPTO Market IS AT TOP, On Weekly Timeframe BTC is Bearish . Still Alt Coins are Rising Continuously, Don't Know Where ALTS will take U TURN. Thts Why "I Request Please Invest Just 1-2% in Alts Whenever We Post Signals"
📈#BCHUSDT
➡️Entry:853$
🎯Target 1: 972$
🎯Target 2: 1170$
🎯Target 3: OPEN$
BCHUSDT - only longPreconditions:
- key level
- buy after break out
- locally uptrend
- global uptrend
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BCH - 4h. The price reaches the buy zone. Main Target - $1200The fall in the price of BTC yesterday provoked a strong downward impulse in the BCH market. The price for the day fell by 20% .
The main trading volumes by which buyers formed a wave of growth from 9 to 11 January are placed above, in the range of $400-600 . What threatens the coin next?
In fact, we expect the price of BCH to fall below $360. In the range of $360-390 is a better chance to buy a coin in the long run.
Our target is $1200. Why this mark? Read our global idea for this coin:
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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!
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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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!
BCHUSDT In the next BCH fly up.In the coming days, I think the cache will only fly up.
BCH is one of the saddest tools of top coins. In three days, it managed to fall by more than 35% and is now in the accumulation zone, which was drawn back in the spring and summer.
After a strong downward movement, there is a sidewall.
On the 4H chart, the bulls failed to overcome the main resistance.
And globally we continue to move in the ascending channel
Formally, at 30m we see a triangle.
Briefly about the situation, now I'm waiting for growth to the level of support that I indicated on the chart)
I advise you to wait until the triangle is broken
BCH/USD LONG TERM SWING SET UPTitle: BCH/USD BUY SIGNAL
Asset : Crypto
Type : Limit Order
Time Frame : H4
Entry 1 $290
Entry 2 $270
Sl $250.00
Tp.1 $330.00
Tp.2 $400.00
Tp.3 $470.00
Tp.4 $540.00
Tp.4 $610.00
Tp.5 $680.00
Tp.6 $750.00
This week marked an important milestone for Bitcoin Cash, as last Wednesday the crypto-asset reached block height 630,000 and cut the mining reward by half to 6.25 BCH every 10 minutes. This event happens every four years or more specifically after 210,000 have been mined.
While most of the crypto news sites were talking about how this halving took almost 2 hours to be completed and how some miners left the network after this, we decided to analyze what happened on that day from a different and more data-centric perspective.
A quick summary of Bitcoin Cash:
Bitcoin Cash is a hard-forked version of the original Bitcoin Blockchain similar to Litecoin or Dash. It was created in August 2017 and the main intention was to increase the block size that would allow more transactions to be processed. Major stakeholders such as Roger Ver proposed to increase the size of blocks to 8 MB. The number of transactions on Bitcoin Cash’s blockchain can reach 25,000 per block. It also differs from Bitcoin in the fact that it does not incorporate SegWit as a solution to accommodate more transactions.
Now that we have a basic understanding of the project, let’s dig into some key data points of that day by leveraging the IntoTheBlock platform.
1. The daily addresses activity went through the roof.
On Wednesday, the same day the Halvening occurred, there was a huge spike in the number of active addresses in the Bitcoin Cash network.
A total of 161 thousand addresses were active on that day, which represents a 388% increase compared to the 33 thousand active addresses on Monday.
The number of new addresses entering the network also saw a big increase of 357% during the last 7 days as did the number of addresses leaving the network (zero balance) by 363.76%.
2.Perpetual Swaps Volume reached a 7-day high.
A quick explanation: perpetual swaps are a kind of derivative that does not have an expiration date.
Bitcoin Cash perpetual swaps volume saw a big recovery on Wednesday, reaching a 7-day high of $465.96 million. On Wednesday, the volume for perpetual swaps increased by 103% compared to the previous day.
3. The number of on-chain transactions also increased dramatically.
At IntoTheBlock we measure the number and volume of on-chain transactions in a given period. On April 8, a total of 95.85 thousand transactions and 1.62m BCH were moved. This number represents a 7-day high and a 180% increase compared to the previous day.
4.The Average Time Between Transactions was also affected
As I mentioned before, the block number 630,000 took almost two hours to be completed, and this can be reflected in the average time between on-chain transactions.
Before this occurred, the average time on the last 30-days was 10 minutes (same as the block time), but with the problem during the halving, that number increase to 26 minutes on April 9.
5. Most of the activity on Halving day came from the West.
As the number of on-chain transactions that Wednesday increased dramatically, we were able to identify that most of the activity on that day came from the East, meaning that 90.43% of the on-chain transactions during that day happened between 10:01 PM to 10:00 AM UTC. This represents quite a bit of an anomaly since the predominance of transactions from All Time was 54% in the west.
As you can see, on-chain activity combined with other factors as derivatives provides us a much deeper and insightful understanding of this asset.
While the mining activity for Bitcoin Cash was affected after the halving, other indicators tell us that Bitcoin Cash has a strong on-chain fundamental with a good community behind it.