BCHUSD Consolidation Around $435 - $482Bitcoin Cash hit all our TP levels hitting $482, $515, and $630 to a Tee before pulling back all the way down and wicking $404 to a Tee. Who knew you could hit so may tee's without swinging a golf club ahaha
Not joking, not only did BCH wick $404 to a tee, but it hit and held this uptrend as well as the $435 weekly level. From here, the dump on BCH is over and we can start looking at long targets moving forward i'm looking at:
TP1 🎯 $482.50
TP2 🎯 $515.90
Re-entry would be along $435, although i'm not sure if we'll se that again as BCH is still creating higher lows. We will see BCH surpass previous highs and beyond moving forward, it'll just take a bit of time to fully reverse and reach those previous levels. Stay patient and trust the charts
Bitcoincash
BCHUSDT Price Outlook 11 January 2021 — BCH SIDEWAYSHello, in this short video review, we looking at Daily, 4H and 1H timeframes for BCHUSDT.
Price fall from $600 and now will probably make sideways in 500 zone.
Personally I don't like trading BCH and my advice is to avoid it.
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BCH 1D Strong buyer is gaining position for a long time, up soonIt seems that large BCH investors still have big plans for growth.
Otherwise, we do not find another logical explanation, looking at the accumulation of coins during 2019-2020.
In 2019, the coin was sold twice above $380 , fixing the profit.
However, during the 9 months of 2020, the coin was very diligently bought in a narrow range.
Also, at the end of 2020, there was a break of the historical purple trend - up , which stretches from a high $4,000. The beginning for strong growth is laid.
Now it is important for BCHUSDT buyers and manipulators that the price does not fall below $360-400 , we take the average value, the level of $380 and record it in memory as the most important mark.
If the bullish scenario continues, it will be possible to buy tasty in the above-mentioned zone.
We will fix 300% profit, around $1200 for the BTC fork - BCHUSD.
PS:
We wrote about a possible BTCUSD cost fall two days ago in the weekly digest, read it in full)
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Bitcoin Cash Trade Signal [BCHBTC](165%)Here is a full trade signal for Bitcoin Cash (BCHBTC).
This is similar to Cardano in the sense that this is one of the TOP10 altcoins.
We are going big... 160%+ potential profits.
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BCHBTC
BUY: 0.01210 - 0.01370
NEXT SUPPORT: 0.01070
TARGET:
1) 0.01415
2) 0.01640
3) 0.01800
4) 0.02005
5) 0.02222
6) 0.02580
7) 0.02950
8) 0.03545
STOP: Close weekly (w) below 0.01050.
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Every time you read me I am sending you massive amounts of energy in the form of support, bliss and extreme love.
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Namaste.
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This is not financial advice.
All the information shared here is intended only for educational and/or entertainment purposes only.
BCH to Mimic ETHThis idea is simple. Can you see what I see?
Bitcoin Cash is breaking and looks to close beyond its previous high of around $475.
This chart looks very similar to what we have witnessed so far in the Ethereum cycle and the Wallstreet Cheat sheet guide.
I am a buyer here of BCH from a technical perspective.
Things could get very parabolic soon. Bare in mind that this is a weekly chart.
BCH may give buyers another chance to get in on support and resistance flip (Just like ETH did at $283)
However, ultimately, the move is clear up to $2500 and beyond on BCH
BCH at a solid resistanceHello guys,
Quick update on the price of Bitcoin Cash (BCH). The coin is now sitting at $594 after reaching $630 in the early hours of trading. The zone in front of bulls represents a solid resistance cluster from back in the day. I'm talking about the $630-$660 zone that combines both daily and weekly timeframes highs. A break above that level will open the door for $850.
Down, I will be looking for support near $570 and $500.
It is quite possible for the price to revisit $570 and consolidate before re-attempting to surpass the above-mentioned first level of resistance.
I'll be watching how the price evolves from here, updating you accordingly for entry levels.
Regards,
-35% correction for Bitcoin Cash? (BCHUSD)With the Relative Strength Index (RSI) for Bitcoin Cash (BCHUSD) being so high right now, I believe that we could see a correction of around -35% for bitcoin cash soon when the price retests previous support/resistance levels.
However there could be a little room to see BCH rise in price in the next few days before that happens.
BCH reached strong resistance - BCH/USD entry levels - LONGBCH rocket was launched a little bit later than on BTC, but it is here. We reached an important resistance around $632. We are heading for a correction, but Bitcoin Cash is still bullish. You have several options to jump in.
ENTRY LEVELS BCH/USD LONG:
$532
$497
$466
If we break the price of $632, buy with a pullback but be careful.
Bitcoin Cash (BCH) - January 10Happy New Year!!!
Dear traders, nice to meet you.
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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 by ascending to the 574.28197715-602.96555936 section.
If it falls at the point of 435.40010001, a Stop Loss is required to preserve profit and loss.
(1W chart)
It broke above the 435.40010001-501.0 section, breaking from the lows section.
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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 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)
** 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: closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin Cash Daily Technical Analysis. Ladies and Gents
After breaking out of a crucial zone which now has turned into support after retest, Bitcoin Cash will be trying to test the confluence of ATH and ascending trend line's top once again. The green trendlines now act as dynamic supports. We will update this pair in a couple of days to see if ATH breaks.
Have A NICE WEEKEND eveyone.
BITCOIN CASH WILL REACH $25000 BEFORE 2023 / ROADMAPHello everyone. It's been a while since I posted an idea. As I recently shifted my bias and now turning full bull for coming 2years on crypto.
I KNOW this will be life changing years for the gains in investments.. Many alts will SKYROCKET I made an idea for Bitcoin cash for now..
ENJOY THE RIDE
BCHUSD $482 Next LONG TargetA quick update on BCH after it got rejected off of $435 for the 1st time. Bitcoin Cash has yet to see a candle close above $435 after hiting it for the 2nd time on the 4-hour time frame.
Bitcoin Cash is looking like (especially on smaller timeframes) that its going to close over this $435 weekly level going long towards $482 and beyond.
TP1 🎯 $482.50
TP2 🎯 $515.90
BCH Bitcoin Cash Will keep Ripping HigherBCH Bitcoin Cash will keep ripping higher while you will keep looking for a perfect entry opportunity.
Bitter truth - "The best time to plant a tree was 20 years ago. You are 20 years late."
This is going to be the biggest FOMO trade in crypto space after everyone wakes up that Bitcoin is at $100,000.