Get started

Bitcoincash

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.
KRAKEN:BCHUSDLong
by Ceddy86
2
BitcoinCash to Retest 550Trend Analysis The main view of this trade idea is on the 15-Min Chart. The cryptocurrency BitcoinCash (BCH) remains in a downtrend in the short term. The cryptocurrency has been trading between a range of 670 and 640 over the last couple of trading sessions. Expectations are for BCH to break below this range and retest 550 support, 15.9% away from current price levels at the time of publishing. To negate this move, BCH will have to travel higher towards 750 in the short term. Technical Indicators The crypto currency is trading below its short (50-MA), medium (100-MA) and long (200-MA) fractal moving averages. All MAs are trending lower with the 200-MA above the 100 and 50 MA respectively. The RSI is also below 50 and the has been a recent negative crossover on the KST. All these indicators imply a move lower on BCH. Recommendation The recommendation will be to go short at market, with a stop loss at 750 and a target of 550. 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. At the time publishing, I have a position in BCH.
KRAKEN:BCHUSDShort
by Ceddy86
2
BCH could fall even further 😱😱Bitcoin Cash is trading in a local range. At the same time, the price is pushing towards the lower end of the range, indicating weakness on the part of buyers and the possibility of another wave of declines. Most stop losses are at $583. If this range is breached, the price could fall and collect these stop losses and then continue to rise. 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
by Yuriy_Bishko
7
BCH/BTC buy opportunity - watch closely Hi followers, BINANCE:BCHBTC showing first signs of a potential big reversal to the up side, After long period of side ways consolidation, the pair formed clear higher low, some buyers are stepping in with breaking previous swing high. A breakout above the resistance line of the consolidation range, will be very bullish! Don't forget to manage your risk! 👌 Good luck and trade with care 🙏 If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share! ❗❗❗ Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Long
by FradkinXBT
Bitcoin Cash (BCH) formed Cup & Handle for big moveHi, dear friends, hope you are well, and welcome to the new trade setup of Bitcoin Cash (BCH). Previously we had a nice trade of BCH: Now The price action of BCH has broken out a Cup & Handle on a daily time frame. There is also 200 SMA support between breakout point and handle of Cup. Buy: Buying is already confirmed as the candlestick has been closed above the breakout candlestick. Sell target: $1000 Stop loss: below the handle of Cup at $590. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
2
BitcoinCash is Expected to Breakout and Head Towards 770Trend Analysis The main view of this trade idea is on the 15-Minute Chart. The cryptocurrency BitcoinCash (BCH) has been in a rangebound movement over the last couple of days between the 695 and 735 price levels. Given the current uptrend, expectations are for a break above the top of the range. Given the width of the range, a target a little above 770 is targeted for the cryptocurrency. These expectations will be negated will BCH fall towards 675. Technical Indicators BCH remains above its long term 200-SMA despite being in a rangebound movement over the last couple of days. Its Awesome Oscillator (AO) is above 0 and green while the Directional Movement Indicator (DMI) is in a positive zone, with the positive DMI being greater than the negative DMI. These technical indicators support the view of a breakout at the top of the range. Recommendation The recommendation will be to go long at market. Stop loss will be set around the 675 price level with a target of 772.50. This produces a risk reward ratio of 1.57. 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. At the time publishing, I have a position in BCH.
KRAKEN:BCHUSDLong
by Ceddy86
BITCOIN/USD:UPDATE| NEW HIGHER COMING SOON $55.000 SETUP🔔Updating from previous Idea.After reached our first level of profit and moved the stop loss to breakeven for the second position, we can see the price broke continues the strongly uptrend with $55.000 is next pit-stop. Looking the volume indicator,we can see the trend in bullish with strong volume increase. We await the second level of profit target $55.000 Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
COINBASE:BTCUSDLong
by FOREXN1
8
BCHUSDT TECHNICAL ANALYSIS Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. In November 2018, Bitcoin Cash split further into two cryptocurrencies: Bitcoin Cash and Bitcoin SV. The candle break out down trend line and reached out on the resistance line. If candle close price around $722 on today and next candle stay above this price, our next target might be $1104. We got some signal from our robo advisor @EngineeringRobo as well. Let’s follow up our chart closely. “NFA”
by ABSTOCKER
Pullback in BitcoinCash Towards 580Trend Analysis The main view of this trade idea is on the 15-Min Chart. The cryptocurrency BitcoinCash (BCH) is pulling back in the short term towards 580. There was some failure as the cryptocurrency attempted to break above 700 resistance. From there BCH formed a symmetrical triangle illustrated in the chart and broke below the support trend line. Expectations are for a decline towards 580. A negation of these expectations will be observed if BCH breaks above 675. Technical Indicators BCH recently had negative crossovers on the short and long term MAs as well as the medium and long term MAs. Currently the short (25-MA) MA is below the medium (75-MA) term MA and the medium term MA is below the long (200-MA) term MA. RSI is also below the 50 price level and the KST had a negative crossover Recommendation The recommendation will be to go short at market. Stop loss will be set around the 675 price level and a target of 580. This produces a risk-reward ratio of 1.69. 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. At the time publishing, I have a position in BCH.
KRAKEN:BCHUSDShort
by Ceddy86