Bitcoin-cash
$BCH/BTC 2h (Binance Spot) Descending channel breakoutBitcoinCash is looking ready for reversal here in satoshi, I am adding to my current bag!
Current Price= 0.010484
Buy Entry= 0.010486 - 0.010202
Take Profit= 0.011998 | 0.014122 | 0.015990
Stop Loss= 0.009517
Risk/Reward= 1:2 | 1:4.57 | 1:6.83
Expected Profit= +15.99% | +36.52% | +54.58%
Possible Loss= -7.99%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 10 days
$BCH - Chad Ver bringing us girlfriends? Wait whatI have been looking at their GitHub and their creation
It seems to be ongoing. This isn't a meme.
Ironically, their code looks a little cleaner.
Their Electrum is better off. It's their paperwork.
It just makes sense. They're actually letting you create tokens o_O
Ok, the people of Bitcoin Core have Samson and others.
They look like pedo's
BCh got Chad Ver
$BCH/USDT 4h (Binance Futures) Descending triangle breakoutBitcoin Cash is looking very bullish here, let's try to catch a decent dip for continuation trade.
Current Price= 504.30
Buy Entry= 471.05 - 449.35
Take Profit= 561.95 | 727.97 | 874.27
Stop Loss= 408.45
Risk/Reward= 1:2 | 1:5.23 | 1:8.09
Expected Profit= +44.48% | +116.72% | +180.36%
Possible Loss= -22.30%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 480h
BCH USDT Swing trade There is a beautiful t cup pattern forming here. BCH is severely undervalued in my opinion and the technicals are starting to look more consistent for a profitable swing trade.
Swing trade 😊
DCA now
TP1 $601
TP2 $732
SL $369 (I don’t trade w stop loss I DCA spot, but if you do instead of DCA then here’s your SL)
NOT FINANCIAL ADVICE 😉
BCH Breakouts and targetsSo we've had a great day in the market some doing better than others and I believe bah has its time coming. we've broke out of several resistance zones next being $480 . Were close and with things going parabolic its your choice weather you want to catch a huge break out early or miss it. Always use stop losses as anything can dump at anytime. We've tested the wedge with a few failed attempts but its clear we pushed out this time.
BCH/BTC 6h (Binance Spot) Descending triangle near breakoutBitcoin Cash is preparing for next big move, I believe it will be upwards.
Current Price= 0.015772
Buy Entry= 0.015898 - 0.015408
Take Profit= 0.017398 | 0.018854 | 0.021621
Stop Loss= 0.014495
Risk/Reward= 1:1.5 | 1:2.75 | 1:5.13
Expected Profit= +11.11% | +20.41% | +38.08%
Possible Loss= -7.43%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 480h
Bitcoin cash symmetrical traingleBCH / USDT
🌟 Techincal Analysis🌟
The price was Consolidating last days and
Forming symmetrical traingle
The Higher chance it will break it up
Why ? Because
most tether coins moved recently but bitcoin cash not
If breakout upward happens iam sure we can see BCH trading in 3xx$ area easy
However break it down then we can see 220-200$ area ( strongest support )and i dont think that will happen unless btc dump (hard)
Please have a plan before trading
Good luck and happy trading 🌹
Bitcoin Cash rise incomingAfter the big dump,
Bitcoin cash shows a lot of positive indicators leading to validate the bottoming and now coming rise before the 14 of september.
Then we will evaluate the situation to understand if there is any more upside or if the market is just playing fools games as it did during the last week.
Stay safe
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@Zemoood
BCH bullish and Bearish areasHello, Traders!
We have BCH divided into two areas, the bullish and the bearish zone.
The bullish Area is the price above the long-term resistance line and the key level.
The bearish area is the actual scenario, the price below the key level, and the long term resistance line.
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Best regards.
Sandro and Gustavo.
As long as BCH remains under 291 we are looking for HL shortsDisclaimer: This is not financial advice
In high leverage trading your entry is a matter of life or death, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we fight for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade!
Bitcoin Cash looks weak here. We could be forming a giant bull flag that will take a while to break upwards but in the meantime we have broken 2 important weekly pivots so as long as we remain under 291 I'm looking for high leverage shorts. Price reacted to daily support area around 274-278 which is a good sign for bulls however I'm not confident enough to be looking for longs here because downward pressure is stronger right now. Therefore we wait for a retest of 291 or we short a retest of the 274 area should the price break down further.
Entry: 291 SL: 296 TP1: 275 TP2: 260 TP3: 244
$BCH TRADE IDEABitcoin Cash Market Breakdown - July 27th, 2020
Update from the previous BCH chart, it hit entry at $222 which we bought at
MACD looks very toppy along with the fact that we just touched $267 resistance level
What we should expect is the continuation of prices going up, even though these indicators say otherwise, Bitcoin is looking very bullish right now and seems to be carrying the major altcoin pairs with it
BITCOIN CASH 🔞 | Why Mom Was Right About Bitcoin Cash..⚠️ Roger Ver has given to charity, not just in real life (props to him for that) but also by holding BCH while price grinds sideways. That said, maybe Ver knows something we don't about the way BCH will move after this long and unimpressive consolidation.
It isn't like Bitcoin Cash doesn't have a market cap, adoption, great news (depending on if you see this on bullish or bearish) like a new perp contract on Bitmex, or a use-case. It is just that, like Litecoin, it is one of those high caps that has been underperforming an otherwise bullish market recently.
Whether BCH is about to try and break out of this pennant to the up or downside is anyone's guess. One thing is for sure, that is this price action is pretty ugly for one of the biggest large-cap cryptos in an overall bullish market.
Let's take a look at some levels to see what the bears and bulls have going for them depending on the direction we move once we leave this painfully large pennant of accumulation or distribution.
Support:
The bulls better pray we see a reaction at the S1 orderblock and prior swing low, as this level is also at the bottom trend line of the pennant. It would be pretty absurd for BCH to breakdown after all of this without a move down from the broader market.
If the bears can take BCH lower, then the bulls get one last shot to get back inside the triangle at the S2 bullish orderblock.
If a move off S2 fails, or if S1 doesn't see a reaction, the last hope for the bulls is the S3 S/R flip.
Given the amount of weakness seen in BCH recently, the bears might actually be able to break S3 and find news lows if they can gain sufficient momentum.
Resistance:
The R1 orderblock at the point of the previous breakdown is the first point of resistance. This resistance lines up with the top trend line of the pennant, so it is an obvious place to be rejected.
If R1 can be broken, the bulls get a fighting chance. Above R1 is the R2 orderblock from the prior swing high.
If the bulls can breach R2 without falling back down into the pennant, then the R3 bearish S/R flip becomes the last thing standing between the bulls and gaining some momentum for a new BCH bull run.
Summary:
When Bitcoin Cash picks a direction it tends to trend hard. Right now BCH is trending hard sideways. This is a pretty bad look for BCH given the amazing strength Bitcoin and other cryptos have shown since the COVID bottom.
The one thing going for the bulls here is that BCH has a long way to catch up if and when it starts to run, so there is a path to glory if BCH bulls can leave the starting gate.
With that said, it is likely the bears have this one in the bag if this price action doesn't really start to pick up...
Resources:
cryptopotato.com + news.bitcoin.com + www.finextra.com
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