Bitcoin Cash (BCH) - December 6 (with 1W chart)Hello?
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.
-------------------------------------------------- -----
(1W chart)
If you look at the trend from the week of December 17, 2018 to the present,
Movement came out in the 79.10401598-520.0 section.
However, looking at the flow from the week of March 16, 2020 to the present,
Movement came out in the 147.82760771-370.0 section.
Sideways in a certain section is a movement to keep the price, so I think it is a good trend.
However, it means that the waiting period will increase.
No one knows how long this waiting period will be.
However, in order to turn to an uptrend and create a new wave, it needs to be supported above the 454.59999980 point.
As long as you wait, it is difficult to obtain profits due to stagnant funds over a period of time.
You have to think about it according to your own investment method.
(1D chart)
We need to see if we can break above the volume profile section of the 278.26196606-293.00097721 section and climb along the uptrend line (4).
If it falls at 278.26196606, it is a short stop loss.
If it falls in the 209.23112174-230.18881201 section, a Stop Loss is required to preserve profit and loss.
-------------------------------------------------- -------------------------------------------
** 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.)
Bitcoincash
BCH is on perfect spot for huge bull runSince the 2020 bull run most of the top altcoin made at least 100% jump, but if we look at the BCH we don't see that much price increment in 2020 bull run.
The technical analysis of the BCH is clean showing breakout of long term resistance in and reversal. After the break we are seeing a clear reversal and bounce back again, this is a very good indication for next large price movement.
If you are planning to buy BCH as an investment for a year or so then this is the best time for purchasing BCH. Once it start its bull I don't think BCH will see this price range again
thanks
Bitcoin Cash clasped between key resistance and support
Bitcoin Cash lost the ground above $300 again following rejection at $320.
BCH/USD is stuck between the 50 SMA resistance near $300 and the 100 SMA support at $280.
Bitcoin Cash recently recovered from the Thanksgiving Day crypto crash. The losses on Thursday last week failed to embrace support at all the three moving averages; the 50 SMA, 100 SMA, and 200 SMA on the 4-hour chart. Buyer congestion at $250 saved the altcoin from diving further.
The rebound from the crucial support reclaimed the position above $300 earlier this week. However, BCH hit a wall at $320, cutting short the anticipated spike to November’s peak at $373. A correction came into the picture, pulling Bitcoin Cash into a 13% dip.
Meanwhile, BCH/USD seems to have embraced support at the 100 SMA, highlighted at $280. The price is doddering at $289 amid the push to recover the lost ground toward $300. On the upside, movement is likely to be limited at the 50 SMA, slightly under $300.
The resistance at the 50 SMA and the support at the 100 SMA might keep Bitcoin Cash in a range before a breakout comes into the picture. Trading above the 50 SMA and the hurdle at $300 will call for more buy orders as the uptrend heading to $373 and $400 is validated.
On the downside, it is essential to hold above the 100 SMA to avert looming declines back to the primary support at $250. The 200 SMA is in line to absorb some of the selling pressure, preventing BCH from diving massively towards $200.
Bitcoin Cash intraday levels
Spot rate: $288
Relative change: 0.55
Percentage change: 0.2%
Trend: Sideways trading bias
Volatility: Expanding
BTC to retest uptrend at $18.300Bitcoin - Intraday - We look to Buy on uptrend
We look to buy dips.
Daily signals are bullish.
A lower correction is expected.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Our outlook is bullish.
Trend line support is located at 18300.
Trading within a Bullish Channel formation.
Our profit targets will be 19374 and 19468
Resistance: 19500 / 20000 / 22000
Support: 18800 / 18300 / 18000
BCHUSDT (Symmetric Triangle Breakout)#BCHUSDT (1H CHART) Technical Analysis Update
Symmetric Triangle Breakout
BCH/USDT currently trading at $273
LONG ENTRY LEVEL: $270-275
STOP LOSS ( support): Below $260
Resistance level1(target):$305
Resistance level2(target):325
Max Leverage: 5X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts
Bitcoin Cash (BCH) - November 29Hello?
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 must see if we can ascend to the 278.26196606-293.00097721 section.
We must see if we can move above the 293.00097721 point to continue the uptrend.
If you decline in the 209.23112174-230.18881201 section, you need to trade to preserve the profit and loss.
We need to see if it can break above the downtrend line (1) and climb along the uptrend line (2).
-------------------------------------------------- -------------------------------------------
** 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.)