Bitcoin Cash - Downside Rollover 🩸Bitcoin Cash was in an ascending correction for the last couple of months but it broke to the downside and then created a minor correction.
The minor correction rejected the 0.5 fibonacci and now we may see it rolling over to the previous bottom to create a higher timeframe double bottom. Another confluence we have in that area is the -0.27 target fibonacci which makes it an even more high probability area that price may reach there.
Bitcoincash
Bitcoin Cash (BCH) - October 18Hello?
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(BCHUSD 1W Chart) - Medium to Long-Term Perspective
Above the 332.38 point: the uptrend expected to continue
Above section 517.20-702.98: Expected to create a new wave.
(1D chart)
Resistance section: 624.90-702.98
Support section: 435.70-517.20
If the price holds at 517.20-624.90, an attempt to break above the resistance level is expected.
To accelerate an uptrend, you need to break out of the downtrend line.
If the price declines from the support area, it may fall below the 332.38 point, requiring a short-term Stop Loss.
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(BCHBTC 1W chart)
Above 0.02444-0.03406 interval: expected to continue upward trend
(1D chart)
Above 0.01153 point: turn into an uptrend
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
Bitcoin Cash (BCH) - Structure and TargetsI present a study in BCH, using the weekly log chart.
Some structure with a rising Channel and Pitch Fan (wedge) overlay is observed with an Elliott Wave count applied demonstrating potential for new highs. A number of Fibonacci Projections are applied to align some possible price targets.
Do you think we are about to drop through the floor, or rally to a higher-high? Let me know in the comments.
Bitcoin Cash Medium Term Investment/TradeThe cryptocurrency has broken out from the triangle pattern, and as Bitcoin has already broken out and is nearing its all time high. It could be a good idea to go long on Large Cryptocurrencies Including BCH.
Risk Reward Ratio - 2:1
Target Price is place near future resistances, while Stop Loss is placed below major supports and previously lower trendline.
BCHUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
Bitcoin- Correction over?As normal, after the strong run-up from 48 to 55k, Bitcoin corrected.
However, the correction was "light" and didn't even touched 43k support, reversed from above, indicating that bulls are very impatient and giving us a strong buy signal.
At this moment, BtcUsd is trading back above 55k and I believe we will have a new strong run to the upside.
The first target can be 59k, but, as I said, considering the buying power, more likely the ATH can be where Btc will end up soon
Bitcoin's weekly analysis, So important don't miss it!Bitcoin's weekly candle closed recently with this details:
Open price : 43,172$
Close price : 48,233$
High : 49,300$
Low : 40,750$
From the point of view of Candle sticks pattern this candle is a strong Engulf candle which can be a bullish sign that correction phase is over and Trend is reversing.
Personally I bought Altcoins when BTC was around 41,000$ and I expect to climb without a fanatical look, I expect to see a breakout of upper resistance Trend Line in this weekly candle or next weekly candle.
After this breakout and according to my previous analyzes on BTC I expect 58K-61K for upcoming 3 weeks and even a new ATH this year which I will talk about that after conquest of 60,000$.
Thanks for your attention, I hope that this analysis can be useful for you.
Follow me for more analyzes and constant weekly BTC analysis.
Good Luck
Monday: BITCOIN - Week 40Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Strong bounce on Bitcoin, Is bull run started?Strong bounce from 41K for fourth time!
With that strong bounce up there is a possibility to see a breakout of descending channel.
See my last bitcoin analysis to find out what will happen if this channel be broken.
Whales are controlling market.
Market is so emotionally.
Be careful.
🆓Bitcoin Cash (BCH) Sep-28 #BCH $BCHBCH is very weak at 500$ zone so in next days it could fall down to 440$ zone and 380$ zone. Then it could generate a new rally up to 560$ and 760$ zone.
📈RED PLAN
♻️Condition : If 1-Day NOT closes ABOVE 0.2$ zone
🔴Sell : 500$
🔴Buy : 440$ - 380$
🔴Sell : 560$ - 760$
📉BLUE PLAN
♻️Condition : If 1-Day closes ABOVE 0.2$ zone
🔵Buy : 500$
🔵Sell : 560$
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
Monday: BITCOIN - Week 39Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Bitcoin is likely to drop to $ 37,700Bitcoin is now in a resting pattern after the recent downturn. This pattern is more likely to break down, and if that happens, Bitcoin could fall to $ 37,700.
Please follow me to tell you about the possible future movements of Bitcoin.
Please see my previous analysis to believe me.
BCH/USDT ....... TRIANGLEBINANCE:BCHUSDT
Hello dear traders
the BCH is inside the triangle, if it manages to breaks
the top line of the triangle then it can rise to the
its top of channel and then rise to the resistance zone,
Bit it it manages to breaks the bottom line of the triangle
then it can fall to the support zone.
Bitcoin Cash - local rebound trade ❗❗Bitcoin is still in a local downtrend and all altcoins are also in a correction. On the Bitcoin cash chart, there is no good entry point right now, but if the price quickly corrects to the area marked below, you can try to take a trade on a rebound.
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
BitcoinCash Expected to Rally to 680Trend Analysis
The main view of this trade idea is on the 15-Min Chart. The cryptocurrency BitcoinCash (BCH) appears to be in an ascending triangle setup with resistance around the 642.75 price level. BCH held support around the 600 price level and have been making some higher lows over the course of the setup. Expectations are for a breakout from the 642.75 resistance level with a target around 680. Failure of this pattern will be seen with a decline to 600.
Technical Indicators
BCH appears to be in an uptrend with the price trading above the short (50-MA), medium (100-MA) and long (200-MA) fractal moving averages. The short term MA has crossed above both the medium and long term MAs. The medium term MA has also crossed above the long term MA. These are bullish signs for the cryptocurrency. Also the RSI is above 50 and there has been a positive crossover on the KST.
Recommendation
The recommendation will be to go long at market, with a stop loss at 600 and a target of 680. This produces a risk/reward ratio of 1.13.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. Currently I have exposure to BCH.