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Bitcoincash

BCASH DEAD CAT BOUNCE INCOMING THEN NEW SLOW BLEED LOWS TO $14BCASH really took a nosedive since its all time high around $4500 down almost 99%, and has yet to recover even slightly. The previous bull run where most coins went to new all time highs or at least close to their previous all time high, Bcash didnt even come close and any gains it had made in that last run was deleted in almost one single weekly candle, which proves that BCash investors cashed out of this at both tops. Only ones still holding now are small retail investors hoping to get rich or thinking that this coin actually has a future,it doesn't. BCash died a long time ago. Interest is dying in this coin, and the 51% attack it suffered a couple years ago really put a damper on this coin and the rally that followed during the latest bull run was lackluster to say the least. Indicators on the short term time frame are showing some bullishness but longer term indicators bi-weekly and monthly are still bearish and at best this next run BCash will make one more dead cat bounce before its slow bleed out over the next few years down to double and even single digit lows. Also the creator of this coin Roger Ver is a felon for one and his most recent actions involving Coinflex was a shltbag move to say the least. He literally almost bankrupt the company because he failed to cover his $45 million dollar margin call that he promised he would. Dumbass made a bad trade and now doesnt want to own up to it. The exchange needed to raise money from other investors to be able to continue its operations. There is currently a lawsuit against Ver for this. Hes a crook just like Do Kwon and BCash will suffer the same fate as Luna. Take profits or forever hold your peace! This is not trading or financial advice this is just my opinions and speculations.
KRAKEN:BCHUSDShort
by Bitgolder
BCASH DEAD CAT BOUNCE INCOMING THEN NEW SLOW BLEED LOWS TO $14BCASH really took a nosedive since its all time high around $4500 down almost 99%, and has yet to recover even slightly. The previous bull run where most coins went to new all time highs or at least close to their previous all time high, Bcash didnt even come close and any gains it had made in that last run was deleted in almost one single weekly candle, which proves that BCash investors cashed out of this at both tops. Only ones still holding now are small retail investors hoping to get rich or thinking that this coin actually has a future,it doesn't. BCash died a long time ago. Interest is dying in this coin, and the 51% attack it suffered a couple years ago really put a damper on this coin and the rally that followed during the latest bull run was lackluster to say the least. Indicators on the short term time frame are showing some bullishness but longer term indicators bi-weekly and monthly are still bearish and at best this next run BCash will make one more dead cat bounce before its slow bleed out over the next few years down to double and even single digit lows. Also the creator of this coin Roger Ver is a felon for one and his most recent actions involving Coinflex was a shltbag move to say the least. He literally almost bankrupt the company because he failed to cover his $45 million dollar margin call that he promised he would. Dumbass made a bad trade and now doesnt want to own up to it. The exchange needed to raise money from other investors to be able to continue its operations. There is currently a lawsuit against Ver for this. Hes a crook just like Do Kwon and BCash will suffer the same fate as Luna. Take profits or forever hold your peace! This is not trading or financial advice this is just my opinions and speculations.
Short
by Bitgolder
BCH - AnalysisBCH continued its range trend during the last week. The price is still in the short-term ascending channel. In the 4-hour time frame for this currency, resistance is considered in the range of 120-122 dollars, which is expected to be accompanied by a reaction after hitting it. But since the short-term trend is upward, there is a possibility of breaking this resistance and moving towards the resistance of the ceiling of the ascending channel. In this case, the second target is in the range of 127 to 132 dollars. But if the buyers fail to push the price above the $121 resistance area, there is a possibility of breaking the channel floor support and the $110 area support. The following supports that we can consider for this currency are in the range of 94 to 101 dollars. We can also consider a dynamic resistance on the chart, which is exactly in the resistance range of 120 to 121 dollars. Therefore, this resistance is the turning point for the continuation of the trend.
by MonoCoinSignal
8
Bitcoin Cash - Red Alert!I posted a chart on Bitcoin Cash a few days ago, you can check it on my profile and follow me for further updates. Here I present the line chart with a bull pennant type structure on RSI (Relevant Strength Index) and a symmetrical triangle on the candlestick chart. Most people would have this triangular shape down as an inverse bullish pennant, signalling a continuation to the downside, however, I see a symmetrical triangle and these structures can be both bearish and bullish. Because of the RSI showing a bullish pennant, my thoughts are that RSI will go up, which in turn would mean price goes up. You can see XRP already leading the way in the altcoin market and generally XRP leads the altcoin market into a bull run. There is also a good chance Bitcoin has topped in this cycle, so it wouldn't suprise me to see some of the funds in bitcoin swap back over to bitcoin cash, which has not completed a full cycle yet.
Long
by missedamillion
Bitcoin Cash is good for long? SignalBitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity (big blocks). In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, Bitcoin Cash payments are sent directly from one person to another. As a permissionless, decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank. Unlike traditional fiat money, Bitcoin Cash does not depend on monetary middlemen such as banks and payment processors. Transactions cannot be censored by governments or other centralized corporations. Similarly, funds cannot be seized or frozen — because financial third parties have no control over the Bitcoin Cash network. Bitcoin Cash (BCH) is an alternative to the oldest and most traded cryptocurrency - Bitcoin (BTC), only the BCH network is much faster and cheaper. In 2017, BCH developers modified the BTC code, releasing their own version of the software and a full-fledged competitive product, which split Bitcoin into two blockchains: Bitcoin / Bitcoin Cash, and consecutively, two assets - BTC / BCH. Bitcoin Cash is a clear result of a hard fork in blockchain. Moreover, another hard fork, which divided Bitcoin Cash into two parts: Bitcoin ABC and Bitcoin SV, took place in the fall of 2018. There are several distinctive features that separate BCH from the origin. The main one remains about the block size. Blocks in the BCH blockchain can be larger, which means that more transactions can be processed at a time, so that the additional space helps to avoid higher fees. However, since the potential block size is larger, storage & audit become more costly and users may find it troublesome to download a copy of the blockchain. From the technical perspective, Bitcoin Cash is very similar to the Bitcoin algorithm, namely: both projects have a hard cap of 21 million coins, and also use Proof-of-Work (PoW) consensus framework and nodes to verify transactions. Thus, traders can consider BCH as a hedging tool, investing in which may save them some risk. On the plus side, due to the larger block size, Bitcoin Cash (BCH) works faster and has lower transaction fees, which makes BCH a better option for small everyday transactions. Furthermore, Bitcoin Cash supports smart contracts and ecosystem apps like CashShuffle, a coin mixing protocol, and CashFusion, a privacy-enhancing solution for the Bitcoin Cash network. These technologies have their pros and cons: thanks to CashFusion, it becomes extremely difficult to trace the path to the user's assets, however one should bear in mind that commissions are charged for each mixing, so making frequent mixed transactions may have a cost. Bitcoin Cash provides a platform for Peer-to-Peer (P2P) payments between individuals, with the average transfer fee being as low as $0.01, and the settlement is instant. This means that Bitcoin Cash is suitable for money transfers, international trade, everyday transactions and microtransactions. In addition, Bitcoin Cash supports economic freedoms by providing an alternative form of money, protected against confiscation, any other forms of censorship and devaluation (due to inflation). Bitcoin Cash is a decentralized network where users influence the development of the protocol. One key attribute is fixed in the code: the maximum supply of BCH is capped at 21 million coins, which is likely to remain so. Therefore, the key features of Bitcoin Cash include the following: 1- Transactions are recorded on the blockchain, the ledger is updated at regular intervals, which allows users to track the history of ownership and eliminate fraud threats promptly. 2- Bitcoin Cash is an open network that can be used by anyone for free and uncensored, identities are not attached to transactions. 3- Nodes that follow a set of rules (aka protocol) are responsible for the longevity of stored information. The protocol itself can be upgraded with the help of ecosystem participants, but that requires a high degree of consensus among them. 4- All transactions that have ever been recorded on the blockchain are not subject to change. 5- The Proof-of-Work (PoW) mechanism contributes to network security. 6- Bitcoin Cash is a hard asset with the maximum supply of 21 million $BCH. 7- Bitcoin Cash guarantees its users fast, affordable, and most importantly - reliable transactions without being tied to any location, which makes it a worthy replacement for existing payment networks. Buy setup Entry : 95 - 114.5 SL : 81.4 TP1: 118 TP2: 122 TP3: 127 TP4: 133 TP5: 140 TP6: 147 TP7: 155 TP8: 164 TP9: 174 TP10: 185 TP11: 200 TP12: 220 TP13: 250 TP14: 280 TP15: 320 TP16: 370 TP17: 435 TP18: 530 Spot and Future (1x, 2x, and 3x) Run and enjoy it! Follow me! Copy my trade! BingX TradeSetup_Reza
Long
by rezamehrjuyan
1
Bitcoin Cash - The Lost Dinosaur I have recently been paying attention to bitcoin cash and in particular, the oldest chart I can find with all the data from previous bull runs etc. As shown, the weekly chart is showing a potential Elliot Wave structure with wave 1 being complete and wave 2 either complete or very close to being complete. IF this is a 2-wave structure within a broader 5 waves then wave 3 is next, which is the fastest, most aggressive wave of all the waves in the Elliot Wave theory. From a fib time span, bitcoin cash should start going up this week and into November.
Long
by missedamillion
1
Roger Ver Nearly Calls Top & Bottom Of #BitcoinCash W/ Tweets ❓ What Is Bitcoin Cash? Bitcoin cash is a cryptocurrency created in August 2017, from a fork of Bitcoin. 1. Bitcoin Cash increased the size of blocks, allowing more transactions to be processed and improving scalability. The cryptocurrency underwent another fork in November 2018 and split into Bitcoin Cash ABC and Bitcoin Cash SV (Satoshi Vision). 2. Bitcoin Cash is referred to as Bitcoin Cash because it uses the original Bitcoin Cash client. KEY TAKEAWAYS Bitcoin Cash is the result of a Bitcoin hard fork that occurred in August 2017. Bitcoin Cash was created to accommodate a larger block size compared to Bitcoin, allowing more transactions into a single block. Despite their philosophical differences, Bitcoin Cash and Bitcoin share several technical similarities. They use the same consensus mechanism and have capped their supply at 21 million. Bitcoin Cash itself underwent a fork in November 2018 and split into Bitcoin Cash ABC and Bitcoin Cash SV (Satoshi Vision). Bitcoin Cash ABC is referred to as Bitcoin Cash now.
BITFINEX:BCHNUSDLong
by RedHotStocks
5
BITCOIN -- FINDING BOTTOMBitcoin is a premier coin in cryptocurrency which is considered a benchmark index for most. Since Nov'21 BTC has been in a bearish trend and is unable to provide any relief bounce for the investors. Let's analyze BTC and try to find its bottom. Will it hold the 17000 level? Or We may find it near 13K or 10K 1. Let's check the seasonality of Bitcoin where we will see the TOP to BOTTOM BTC made the top at 16976 on Dec'17 and defined bottom at 3394 in Dec'18 This takes 357 days and 79% Drop BTC made the top at 11143 in Jun'19 and defined bottom at 8000 in Mar'20 This takes 259 days and 74% Drop BTC made the top at 61300 in Apr'21 and defined bottom at 33333 in Jun'21 This takes 70 days and 57% Drop BTC made the top at 69000 in Nov'21 and yet to defined bottom But as per its seasonality, a) 75% Drop comes at 17000 which is holding currently. b) 360 days come at 7th Nov'22 So this means the price need to sustain above 17000 till Nov'22 2. Chart Patterns and BTC Bitcoins follows flag pattern very often and in the past, we have seen the formation of pattern and completion of the pattern. Currently, BTC is trading in a bearish Flag pattern which is made around 39K and the target of a pole comes at 3000 which is also monthly support. So either 17000 or 3000. November is the date to watch. Let me know what do you think of the idea. Trade your levels accordingly.
by JustTradeSignals
3
BCH/USDT : Broken below the rising wedgeBINANCE:BCHUSDT BINANCE:BCHUSDTPERP Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $BCH is breaking below the rising wedge with the current candle, However, It's better to wait for a proper confirmation below the wedge before taking any action. In terms of that, I'll be waiting for confirmation below the mark and take Short after it. - Stop-Loss should be located above $123.5 Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
2
BCH - Trading Ranges To OvercomeWe obviously fell a lot with BCH, but still price did not broke any multi year supports, set back in 2018. With such fall those yearly price gabs were closed and i am very positive that the bottom is in for BCH and other crypto. There is gonna be plenty of resistances back to the top. Those resistances are trading ranges or price areas where larger trading volumes have occurred. It is where i expect that price can pause out and start ranging for a while. First we need to get out of the first (orange) price range and visit a second (blue) range. I expect that once we really start going we should be there really fast just because there are a ton of shorts in the market right now and shortsqueeze can happen easily. As for the 3rd price range ...I still think that we will go to the third trading range nd even .618 fib. retracement level (green arrow), but before that, price will probably have to work out lower between 2nd and 1st trading range before continuation upwards. I can be really wrong. No one knows really. it is a speculation based on historical price behavioral. I am not a financial advisor so non of this should be taken as a financial advise. Be well.
Long
by CR35