Bitcoincash
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.
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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 parallel channels#BCHUSD
as you know I like parallel channels 😊
the fibonacci retracement and angle give me a target for $BCH around $1400, that is the same as a line of parallel channels.
if #BCH going to complete AB=CD pattern then price has to break the descending angle line and head up toward 1.414 fib level around $2200, which is the upper line of the fourth parallel channel.
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 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Bitcoin Cash late to the partyIs BCH ready for a breakout?
BTC looks like it's going to continue upwards for a bit longer which is giving alts more time to breath.
BCH has been a little late to the party but it could be on the verge of a big break out.
The last time it broke through this level we saw it double in price. Can we see that again?
There appears to be a clear path with only resistance near 1100.
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.
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.
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
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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”
$BCH: It might finally be timeTaking a chance here with the fake Bitcoin. 4H range lows were previously swept. Unswept highs above. Ultimate target is $711 but I think the current target is a fair area to take profits. Below the lows of $621 I think we go lower to the high 500's. Hopefully we don't wick the SL.
🟢 BCHUSDT 1D : #Buy_RecommendationAs you can see, we have already introduced this Cryptocurrency (Bitcoin Cash) at a price of $ 659 and offered to buy it, but now it has started a strong movement again and is still valid for reinvestment.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
👤 Arman Shaban
⚠️(DYOR)
BINANCE:BCHUSDT
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.
BCH - daily analysisBCH - currently trading on 647USD.
On daily still in bullflag formation. When breaks then it's good time to take long.
You can open long now and put second entry around 580USD if goes down.
SL below 540 USD - better to close manualy after daily candle close below this level.
Targets - 800 - 950 - 1000 - 1050
Bitcoin Cash - Roll Over To the Downside! ↓Bitcoin Cash was in an uptrend until recently when we broke the ascending trendline. We have now retested the back of that trendline and in an ascending correction.
We're watching for that to break to take BCH down to atleast the $540-$560 level.
Shorts will be invalidated if we push above the $710 level.
Bitcoin Cash - Roll Over To the Downside! ↓Bitcoin Cash was in an uptrend until recently when we broke the ascending trendline. We have now retested the back of that trendline and in an ascending correction.
We're watching for that to break to take BCH down to atleast the $540-$560 level.
Shorts will be invalidated if we push above the $710 level.