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Bitcoincash

Bitcoin Cash, Double-Bottom-Breakout, Upcoming Perspectives!Hello Traders Investors And Community, Welcome to this analysis about Bitcoin Cash, we are looking at the 6-hour timeframe perspective. The Cryptocurrency Market divergences increasing these times this is why there are currencies developing very bullish constellations while others are still in more neutral to bearish structures. These divergences between certain currencies are very important to assess to properly line up in the market because it is not the best option to elevate the market into one direction only, therefore it is necessary to distinguish the individual currencies. In Bitcoin Cash, I detected a very interesting formation that already moved into a breakout and has further potentials in the next times. As when looking at my chart now we can watch there how Bitcoin Cash developed this massive double-bottom-formation with the neckline marked in blue. Recently Bitcoin Cash managed to form the breakout above the neckline and show up with some initial solid bullishness in the schedule. Now the next time it is likely that Bitcoin Cash pulls back to confirm the breakout in the neckline again as it is shown in my chart with the blue back-up-zone where several supports coming together. When Bitcoin Cash shows up with such a price-action and finally bounces to the upside from this zone it will be a good setup for the further continuations and approaches of the upside-targets marked in my chart at the orange level. Thank you everybody for watching the analysis, great contentment for everybody supporting, all the best! "Good luck is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the market.
COINBASE:BCHUSD
by VincePrince
8
BITCION DROP SETUPHello mates, Its the moment for some bearish time on the BTC, I am seeing a clear pattern on the daily and H4 timeframe all are indicating a bearish moment of BTC. On my setup illustration, I showed an (SMS) which mean a failure in creating a new swing high, and then a (BOS) which should be familiar to most traders as a break in the structure and BTC has been ranging in between the 50k to 60k for the previous 21days which shows some sing that BTC need a much deeper pullback after coming back to the (SMS) the last candle which proved to be engulfing candle with has much potential of dropping the BTC to 50k or 46K or even more, but for me, that is my target zone. I will update this idea with much clear view on the daily TF.
BITSTAMP:BTCUSDLong
by Legend_yy_chazali
10
Bitcoin Cash (BCH) - April 4Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a nice day. ---------------------------------- We have to see if we can get support at 517.72 and climb above 556.08. If it falls, you need to make sure you get support at 486.83. If it falls from the 435.70 point, a Stop Loss is required to preserve profit and loss. It remains to be seen if the CCI line can rise more than 100 points on the CCI-RC indicator. The next volatility period is around April 8. ---------------------------------- (BCHBTC 1D chart) You should watch for any movement that deviates from the 0.008467-0.009703 section. In particular, we have to see if it can rise above the 0.010236 point. -------------------------------------- If you look at the charts of most of the major coins, they are either rising near their previous highs or exceeding their previous highs. These rises are expected to rise even more when the BTC price rises above 60K and moves towards 70K. However, if the BTC price fails to rise to 60K, it is expected that it will eventually turn into a downtrend, so careful trading is necessary. Currently, BTC is in the period of volatility, and the coin market is in the overheating zone. In this market situation, if you enter along with rising prices, the rate of return may be negative. The coin price is recording positive, but the yield of the coin I bought is negative. Therefore, if you are not familiar with day-to-day trading or short-term trading, it is recommended to enter when the coin price declines and then moves sideways and shows support at some point. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
KRAKEN:BCHUSD
by readCrypto
6
BCH - What happens next?Hi, this is my new update for BCH. Last week we saw BCH held the SMA100 very well and today we finally broke the SMA50 and we have already backtested. In my last update, I told you we have reached bottom for BCH and that was because we got a double bottom in RSI, a double bottom in MACD and a beautiful double bottom in the chart. Now we are getting ready for resistance $620-630 and once we get above it, then we are ready for resistance $725-730. So be prepared and don't PANIC ;)
BITSTAMP:BCHUSDLong
by GOAT1375
1
Bitcoin Cash Ready To Cash In!? 💰BCH has tested this $550 resistance zone 10+ times over the past few months. The Three times we managed to break/close above on the Daily saw big moves. This is also the edge of the HVN on the daily chart. Over $550 BCH can see 600-607 which serves as another strong resistance. If we can get through those price levels we open $700 lvls. The trickiest part about BCH on Kraken is the volume. The month of March has shown little volume into BCH on the kraken platform compared to previous months. BCH has been chopping about in the $460-$550 range since end of February and is gearing up for bigger move. I am only interested in BCH as a momentum play above $550. We have failed here multiple times as shown by the chart highlighted in pink. If we fail I expect to see $530 and some consolidation. If it can hold above the EMA clouds on the Daily chart though and then retest $550 I will be watching. Watch that volume! If we can start to see 15,000+ of volume it might be signaling a large move. PT: First PT will be the $600-$607 lvls, this would give roughly 10% move. SL: For the stop loss you could risk off of failure of $550 or $530 depending on your risk tolerance. GL!
KRAKEN:BCHUSDLong
by DOpeTrades
1
BCHUSDT Movement - Breakout & Pullback to BUYing ZoneDear All Hi Hope All is Well With you as you know : its NOT a FINANCIAL ADVISE , its Just a PERSONAL IDEA so here we have : as you see in chart : after Breakout from TRiangle , we have 3 Resistance Line Ahead , but before everything we may face a pullback to buy zone ( az i mentioned in Chart ) my Personal Idea is to Enter the trade after reaching BUY ZONE and then we gonna go higher , and break the Short time resistance line Lets sit and watch Have a Good TRADay please LIKE and FOLLOW if you LIKE my IDEA Regards PeymanMo
by PeymanMo
Bitcoin Cash, In Descending-Channel, These Levels Are Important!Hello Traders Investors And Community, Welcome to this analysis about Bitcoin Cash, we are looking at the 4-hour timeframe perspective, the recent events, the established formational structure, and what we can expect in the upcoming times. Since Bitcoin cash recent times has shown up with exaggerated bearishness to the downside it is in a trend which is not yet highly strongly bearishly to the downside and which formed several attempts to reverse however did not yet fully manage to reverse, nevertheless Bitcoin Cash has the ability to show up with a sufficient reversal when the right price-actions determine, in this case, I discovered all the important levels and likely destinies we should consider with the established structure and upcoming movements. Structural Developments: As when looking at my chart now we can watch there how Bitcoin Cash has formed this main descending-channel-formation within the structure marked with the boundaries in blue, within this channel LINKUSD has the coherent wave-count with the waves A to C already fully completed and now with the wave D running directly into the upper boundary of the channel that is still strong resistance and likely to show up with a bearish bounce to the downside, when this bounce emerges it will be the origin of the wave E to the downside and will continue bearishly till there is support found in which Bitcoin Cash can reverse and stabilize to form a potential reversal and breakout above the boundary of the channel. Upcoming Determinations: Taking all these factors into consideration Bitcoin Cash is in a situation in which it has developed this great structure that can indicate a potential reversal when Bitcoin Cash manages to show up with the right price-action this means that Bitcoin Cash needs to finalize the wave-count and approach the lower levels of support, in this case, Bitcoin Cash has the confirmational-bounce-cluster lying there marked in blue where several supports coming together, this level needs to hold and Bitcoin Cash needs to bounce within, otherwise when this does not happen and Bitcoin Cash increases with bearish pressure below it will invalidate the formation and show up with further bearish pressures, therefore, it is necessary to elevate the proper validations. Thank you everybody for watching the analysis, great contentment for everybody supporting, have a good day and good trading, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the market.
COINBASE:BCHUSD
by VincePrince
2
BCH - Be PreparedHi, this is mye new update for BCH. In the last 12 days BCH has fallen 25% and this gives us a good discount compared to the other coins. After a big fall from $610, we have now find support around $440 and we saw yesterday that the SMA100 held very well and we got a beautiful double bottom in RSI and that indicates we have reached the bottom and now we are going up. First resistance for BCH is around $535-550 and once we get above it we are going to test the resistance $610-635. So be prepared and don't PANIC, good things take time.
BITSTAMP:BCHUSDLong
by GOAT1375
2
BCHUSDT - LONG TO $547, $600, $670 AND $730Here is another trade/investment opportunity that guarantees 40% ROI. Here is a bullish pennant chart pattern breakout confirming a buy opportunity. Therefore, I expect price to go long to $546 first, if it breaks the supply zone upward, head for $600, $670, then $730. Also, check the chart below for the bigger picture. The yellow horizontal lines are the major support and resistance levels price may encounter when moving in the trend. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Also, kindly cheer me with coins if you like my work. Follow me to receive more updates on this pair🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓 NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
Long
by PetrockFxTrading
Bitcoin Cash hasn't even taken off yetIt has the potential to reach at least $ 1,000 this year. Unlike other cryptos, this one has not yet fully taken off and is still below its all-time high. It may be on its way to completing the CD path of a Crab or Bat pattern. In bullish trend since December 2018. The most that could go is $ 4,000. 78.6% and 23.60% of the fibo have served as resistance and support, respectively. It is an excellent entry opportunity. "Bitcoin cash (BCH) is both a cryptocurrency and a payment network. It was created after a hard fork with bitcoin in December 2017 with the goal of increasing the number of processable transactions." BITSTAMP:BCHUSD
BITSTAMP:BCHUSDLong
by amateur_trad3r
5
Bitcoin Cash (BCH) - March 22Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. -------------------------------------------------- ----- You should watch for any movement that deviates from the 494.98110330-600.59767260 section. In particular, it remains to be seen if it can rise along the uptrend line (2). If it falls at 435.40010001, you need Stop Loss to preserve profit and loss. ------------------------------------- (BCHUSDT 1D chart) It remains to be seen if it can rise above the 599.94 point by following the uptrend line. If it falls between 448.01-485.99, Stop Loss is required to preserve profit and loss. ------------------------------------ (BCHBTC 1D chart) We need to see if we can move sideways by ascending to the 0.009703-0.010454 segment. If it falls, you need to make sure you get support at 0.008467. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 published by oh92. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not trading 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
3
Bitcoin Cash (BCH) BROKE RESISTANCE!!! Sideways trading or MOON?Hey everyone, we broke through the major resistance on the daily timeframe. We already had a solid bounce off the previous resistance testing as support. Now we are waiting for a slight pullback to enter long in addition to our environment on the 4H to give us a bullish context signal. Trading is a game of patience. If you are looking to invest dollar-cost averaging is your best option as a trader we are prioritizing optimal entries over FOMO.
KRAKEN:BCHUSDLong
by PlutusX