BITCOIN - GOING TO $35,000 NEXT WEEK?The XBTUSD level we talked about in the previous video has been hit perfectly (feel free to go back and look) and I decided to make a follow-up video on our next move for Bitcoin.
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Bitcoincash
Bitcoin Cash (BCH) - January 3Happy New Year!!!
Dear traders, nice to meet you.
"Like" is a huge force for me.
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It remains to be seen if it can rise along the uptrend line (2) and then break above the 367.31848226 point.
If you get support at 367.31848226, we expect further gains.
If it falls between 278.26196606-293.00097721, then Stop Loss is required to preserve profit or loss.
We must watch for movement to ascend above the 435.40010001 point.
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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 traditional 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
BCH - Ascending triangle and RSI bounceif the RSI bounce that just happened stays above the circle chances are we start the continuation in the ascending triangle. I have two targets for myself here. 1st is new the top of the triangle. The second is the ascending triangle breakout target, should it break to the upside.
BCH.USDT (Y20.P5.E2).v2.Stalking.Looking for an entry.Hi All,
Just an update post.
As per the chart, we are looking for price to break the lead in trend resistance line.
Note the wicks on the weekly showing us this trend line is being respected.
How to trade this, wait for price to break this and possibly give you time to buy in when it retests it, on the 4 hrly or daily.
Really depends how it approaches the resistance. Breakout trade.
Not a bad return if it hits the target over 120%
Regards,
S.SAri
BCHUSD (Waiting for the resistance zone breakout in day chart)#BCHUSD Technical Analysis Update
Waiting for the Resistance Zone Breakout on the day chart
BCH/USD currently trading at $350
LONG ENTRY: Above $380 ( Enter long after 1-day candle closes above $380)
STOP LOSS: I will update once I see the Breakout
Target 1: $480
Target 2: $620
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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Bitcoin Cash (BCH) Early Reversal SignalsIncredibly enough, Bitcoin Cash (BCHBTC) has been dropping since February 2020.
Many altcoins printed multiple bullish moves this year but not this altcoin pair.
Prices are hitting new lows but there are early signals of a potential reversal... Strong bullish divergence showing up with the MACD and also RSI.
On the main chart above, we are looking at the 4H timeframe.
We've been having long lower wicks followed by higher lows... Prices can easily move higher as represented by the green arrow.
If BCHBTC fails to move above EMA10 but instead goes below the red dashed line at 0.014579, even lower prices are possible.
Currently, there is a potential for a bounce at the current levels.
Thanks a lot for reading.
Namaste.
BCH.USDT (Y20.P5.E1).Stalking.Looking for an entry.Hi All,
On the lower time frames, Bitcoin cash as a trend on the 3 HRLY and so now stalking for a bullish candle or combination of candles to jump in.
Note: BCH has broken a key level so it now opened itself up for new potential highs.
Cheers,
S.SAri
Bitcoin Cash (BCH) - December 27Hello?
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 need to see if it can rise along the uptrend line (4).
You also need to make sure you can get support at point 324.1.
If you decline at 278.26196606, you need Stop Loss to preserve your profit and loss.
It remains to be seen if volatility around January 8 could rise above 367.31848226 points.
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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)
** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.
** 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 trading. You should trade from a short-term investment perspective.)
Bitcoin Cash (BCH) long term BCH is always under the radar. Some think its a Chinese scam, others dont know anything about it.
It appears that we are in an uptrend channel with a possibility of doubling from here.
However could always go to zero too ;o I am going to lean towards the statement above though
Merry Christmas and have a glorious weekend!
BCH Buy Limit setup.Bitcoin Cash - Intraday - We look to Buy at 305.2 (stop at 296.9)
Daily signals are mildly bullish.
Pivot resistance is at 331.3.
Our bias remains bullish and further upside is expected to target resistance at 331.0.
We look to buy dips.
Our profit targets will be 330.9 and 348.4
Resistance: 330.0 / 350.0 / 360.0
Support: 305.0 / 300.0 / 285.0
BCH-4h. The price goes to the range of $ 257-268.The month on the BCH market passed in a wide consolidation range.
Buyers managed to barely update the previous high and give false hope to buyers to continue the trend.
Since December 21, the price has fallen by 25% virtually unhindered. The main volumes are concentrated within this consolidation in the range of $310-320 . Buyers have lost control of this range. If BTC does not break the $22,500 mark and goes to update the historical high - BCH buyers have a chance to regain control of $310-320 .
However, it is safest to buy a coin in the range of $257-268.
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Bitcoin Cash (BCH) - December 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.
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We are holding the price above the 278.26196606-293.00097721 section, so there is always the possibility of further gains.
It remains to be seen if it can gain support and rise at the uptrend line (4) and at 324.1.
Between December 30th and January 8th, we should watch for any movement that deviates from the 293.00097721-367.31848226 segment.
If you break above the uptrend line (2) and get support, I think there is a high possibility that it will rise to the 435.40010001-454.59999980 section with further gains.
If I break below the downtrend line (1) and get resistance, I think there is a possibility to touch the 209.23112174-230.18881201 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.
** 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 trading. You should trade from a short-term investment perspective.)
Trying to gain popularity and formation of ascending movement In the weekly chart, there are two important ranges. The first range is $ 497.10, by crossing this range, we can be hopeful for an uptrend formation for the targets of $ 2,200 to $ 3,000. Also, if the price crosses the range of $ 231.07, it may encounter the Triangle pattern, in which a long corrective movement is predictable and then we expect a descending movement up to the range of $ 45-50.
( weekly Chart )
In the daily chart, we can have this wave count that wave 2 has ended in the range of 140.65, and the price is forming wave iii. However, to confirm the uptrend, the price must cross the range of $ 497.10.
Personally, I’m interested in putting my investment in Light Coin (SHA256).
Bitcoin Cash - Daily UpdateBottom Line: A third wave rally is in its early stages.
Key Levels: Above 280.33, 324.90, 337.64 Below 133.74, 204.46, 231.43
Outlook: Higher in a developing third wave advance against 204.46.
Analysis: We continue watching for evidence a small second wave correction is at or near an end. Key support for our outlook is 245.59, with critical support at 231.43.
Bitcoin viewAnother boom is already started. In previous run-up after break out it goes more than 222% (closing basis) in 91 days. This time if we consider half of percentage of previous run-up that is 111% appox and considering 91 days (closing basis) . So possible minimum target is 22905.
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