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Bitcoincash

$BCH technical Analysis Bitcoin Cash is currently showing consolidation between 515 and 530 area. We can see price is now above 100MA, which is now acting as a strong support. As price seems to trend with 100EMA. We can also see price is being respected on its trend support, which is a critical level. MACD is showing a possible bullish crossing. If price decides to move up from here, we can possible see a minor rejection / reversal at 0.618 FIB level ($645) If 100MA & Trend support is broken, price is likely to touch next support cluster at around $445.
COINBASE:BCHUSD
by BigLava
10
BCHUSD Reversal Upwards to $721+Bitcoin Cash after the dump down in February has found its bottom around $482 - $515 weekly support accumulation zone with the absolute bottom wicking $435 without a candle close below. $435 is the super human entry and anything under $482 - $515 is still what I would consider goated. From here, the next targets are the $630 & $720 levels needed in order to hit to close out of this valley. This valley's top i $746 and is a weekly level of resistance. After Bitcoin Cash can break out of this valley and create new highs its wraps.
KRAKEN:BCHUSDLong
by kyer
6
BCH/USDT pump is about to happen?Hi every one BITCOIN CASH / TETHERUS BCH/USDT is now in a pretty ok spot! an ascending triangle is in the chart, which if the upward break out happens we can be sure that the price will increase as much as the measured price movement (AB=CD) let's hope Positive things happen soon! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
11
Bitcoin Cash (BCH) - March 11Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- 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 above the 574.28197715 point. If it falls at the point of 435.40010001, a Stop Loss is required to preserve profit and loss. When a full-fledged rise begins, we have to see if other major coins also rise. If the major coin rises, the price of general altcoins may temporarily decrease, so careful trading is necessary. I think that if the major coin rises, it will wrap up the current trend and create a new trend. Accordingly, we need to prepare for the upcoming new trend as the BCH price surges. -------------------------------------------------- - (Binance BCHUSDT 1D Chart) It remains to be seen if the volatility between around March 11th and around 21st will lead to any movement that deviates from the 485.99-713.90 range. In particular, it remains to be seen if it can rise above the 599.94 point. If it falls between 448.01-485.99, Stop Loss is required to preserve profit and loss. -------------------------------------------------- ------------------------------------------- ** 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. Hence, 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 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)
by readCrypto
2
Bitcoin is just in another corrective phase.Short term downtrend is still active (4h time frame), however this is nothing unusual as Bitcoin is in corrective phase. In order to break out of this corrective phase, Bitcoin has to break the downtrend line at $51000 and ultimately the previous high at $53000 to break the trend of lower highs. However, this correction is a good opportunity to accumulate or buy the dips of some desired alternative coins with some decent discounts as alt traders have weak hands. The question now is, will there be another retest of the 50 EMA? No matter how bullish the recent news are, market is market and another retest of $43000 can be easily seen in the next days as the short trend is a downtrend. Looking at daily indicators. Wave indicator, MACD (26 and 9 EMA) is still in a corrective wave and as we are looking the chart now, the selling pressure seems to be increased as histogram is trying to print a taller tick (more vibrant red). However, the daily candle is not closed yet so this would be an early conclusion, the important thing is that we are still in corrective wave on daily time frame. Demand indicator, RSI is in a good position as there is no hidden bear signal or any other reason to be bearish. As long as RSI stays above 40, the overall daily uptrend remains active. Trend indicator, 20 and 50 EMA’s are pointing towards a clear uptrend but as the price is below 20 EMA we are only speaking about an uptrend, instead of a strong uptrend. Again nothing uncommon in a corrective phase. In summary, Bitcoin is expected to see some more sideways in the next couple of days before any stronger moves to the upside, which are highly expected to be seen once again.
Long
by TiborVrbovsky
1