BCH - Ready For Higher High? Hi, right now everything looking good. We are in uptrend right now, if today we close the candle above SMA50, it’s a good sign. Today we tested the resistance $535 and we got rejected. I think we are going to repeat the same structure that happened in 24.December (red ellipses), so therefore it will take couple of days to break the resistance $535. So be patient and don’t panic 🙌🏼 . 💯% bullish
Bitcoincash
Bitcoin Cash (BCH) - March 2Hello?
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.
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We have to see if we can get support at 501.0 and climb above 574.28197715.
If it falls in the 435.40010001-454.59999980 section, a Stop Loss is required to preserve profit or loss.
However, you need to trade carefully as you can touch the uptrend line (2) and go up.
It remains to be seen if the CCI line can rise above 100 on the CCI-RC indicator.
If it rises above 100 and crosses the EMA line, then volatility is expected.
The next volatility period is around March 12th.
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(Binance BCHUSDT 1D Chart)
We have to see if we can get support at 485.99 and climb above 599.94.
If it falls from the 439.52 point, a Stop Loss is needed to preserve the profit and loss.
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** 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 profit or loss 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: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin Cash Pathway To 1K ! BUY BCHUSDBitcoin cash has shed almost 44% of its value with the recent retracement and now it is approaching a support level at around 375, this will present us with more buying opportunities and if that happens then we can aim for our take profit target at the 141.0% fibonacci extension (963) of the last bullish impulse leg.
Bitcoin cash completing bullish Cypher for upto 109% rallyHi dear friends, hope you are well and welcome to the new update on the Bitcoin Cash coin.
On the long-term weekly time frame chart, the priceline of BCH is completing the formation of bullish Cypher pattern and soon it will be entered the potential reversal zone There is also 25 SMA in the potential reversal zone and 100 AND 50 simple moving averageS supports below the buying zone.
this trade has a profit possibility of 109%, and the loss possibility is 23%.
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.
Can BCH hold bottom of ascending channel?BCH is still a bargain when you compare it's price against BTC.
If BCH is able to hold the bottom of this channel the rally afterwards might be a great one!
Indicators are definitely moving toward oversold on the 4hr charts.
According to fib retracement BCH is trading in a nice reload zone at the moment.
Let's see what the next hours/days will bring
Cheers,
W
BCHBTC ready to move up?BTCUSD reached important LT Resistance and might be ready for a reversal.
Multiple indicators show Bullish Divergence
The location of BCHBTC is good for entering trade. This is our number one check to make. If location isn't right there are no options to open a trade
Risk to reward from this point to ATH & 0 is almost 20:1 so very good.
If we can see double bottoms (W's) coming in we can enter trade at breakout of W or at retest of breakout level.
For safe trading and minimum risk take 50% profit at your first double, another 50% profit at the next double and so on ... (Little Old Lady Technique by Brian Beamish)
Putting all of these things together this seems like a very favourable setup.
Cheers,
W
BCH - Still Bullish? Hi, we expected something similar will happen when Bitcoin goes in correction mode. Now we have to figure out what is going to happen after that. As you see we have made a double bottom in RSI(43) and that is the first positive sign and I expect we are going to see (W) formation in RSI and in the chart, which I have drawn for you. The second positive thing is that both uptrends held. The third positive thing is that SMA50 so far has held. The fourth positive thing is that we have made higher high and we have not made lower low. I think the first move is that we are going to test the support level 630 that we lost yesterday, if we get above it, it is time to move further to 730.
We have to wait for more information. So be patient and don’t panic 🙌🏼 The altseason is right in the corner. 🤞🏼
Bitcoin Cash it's could to move toward the $1,800 USD soon!!!In weekly timeframe, we see that we have a good opportunity to bought Bitcoin Cash at the market price. I believe that this dip it's a good opportunity to bought and I bought right now as the same Ethereum that the price it's above of $1,700 USD, and I re-bought Ethereum in the lower price at $1,500 USD.
Now, we see that Bitcoin Cash it's make lower higher follow this key support line that indicate that Ethereum make lower higher in the trend and the trend it's more bullish than in the past.
For that, I invite you to don't missing this opportunity to trade and bought Bitcoin Cash!!! I bought 1 BCH to prove it and my SL it's in the $340 USD and my target will be the $1,800 USD
🆓Bitcoin Cash/USDT Analysis (23/2) #BCH $BCH$550 zone is a very good support zone for BCH rally. I think BCH will rebound back to $680 zone and try to conquer this zone, but this is a very strong zone and could cause BCH to reverse back to a retest of $450 or even $400.
If BCH conquers $680 zone it will be a bullish sign and it will continue to rise to $850 and $1250 price zones in March.
📅NEWS
👉Mar 1 : OKCoin Delisting
📈BUY
-Buy: 540-560$. SL if B
-Buy: 670-690$ if A. SL if B
📉SELL
-Sell: 670-690$. SL if A
-Sell: 840-860$. SL if A
-Sell: 1230-1270$. SL if A
♻️BACK-UP
-Sell: 540-560$ if B. SL if A
-Sell: 440-460$.SL if A
-Sell: 390-410$.SL if A
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
BITCOINCASH , who hates money ?probably one of the safest coins to enter , situation is very good for bitcoin cash , price is cheap as it didnt move fine in this bull run ,price holding very strong weekly support also broke and retested bearish weekly trendline , if you hate something it means it bothers you ! so you can invest and make money lol , the sleeping giant may wake up soon
Bitcoin Cash (BCH) - February 22Hello?
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.
-------------------------------------------------- -----
We need to see if we can get support at 668.36839961 and climb above 706.21424190.
If you fall at 600.59767260, you need a short stop loss.
If supported at 741.41976359, it is expected to rise towards 811.83081120.
On the wRSI_SR indicator, we have to see if the RS line can rise more than 20.
At this point, you need to see where you are getting support.
On the CCI-RC indicator, we need to see if the CCI line can touch the EMA line and rise.
If the CCI line and EMA line cross, it is expected that volatility will occur, so careful trading is necessary.
-------------------------------------------------- -------------------------------------------
** 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 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 conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
BCH - Ready For $900?Hi, I updated you last week about the support level $600-630. Yesterday we saw the support level $630 was tested again and it was strong. We are now stuck in a range between $700-720 (the red rectangle) for 6 days. We have to close one daily candle above $720 and once we get above it, we are ready for the resistance $880-900. We need one more push. Be patient and don’t panic 🙌🏼
Bitcoin cash to $845 before Feb 20 updateWe are a bit late on Bitcoin cash but still going to target.
Our divergence is not yet materialized.
A previous bearish divergence kept the price stable but this is going to an end.
Bullish hidden div is going to start materializing.
Ascending triangle confirms this.