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Bitcoincash

BCH/USD Retraced to the Support Level - What Is Next?In this technical analysis, I will follow-up on the previous idea on BCH now that we have finally arrived at a moment where we can enter a long position. The price retraced beautifully to the horizontal one that used to be resistance. In the bullish scenario of the S/R flip and the old resistance zone turning into new support, I expect the price to rise until the next resistance - giving us a 14% trade opportunity. All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
COINBASE:BCHUSDLong
by Trading-Guru
4
Bitcoin Cash (BCH) - November 21Hello? 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 have to see if we can ascend above the 293.00097721 point. If it rises to the 293.00097721 point, I think it may lead to further gains. If it falls at the 243.46316192 point, it is a short stop loss. As we break off the downtrend line, we need to see if we can accelerate the uptrend. -------------------------------------------------- ------------------------------------------- ** 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.)
by readCrypto
Bitcoin cash symmetrical traingleBCH / USDT 🌟 Techincal Analysis🌟 The price was Consolidating last days and Forming symmetrical traingle The Higher chance it will break it up Why ? Because most tether coins moved recently but bitcoin cash not If breakout upward happens iam sure we can see BCH trading in 3xx$ area easy However break it down then we can see 220-200$ area ( strongest support )and i dont think that will happen unless btc dump (hard) Please have a plan before trading Good luck and happy trading 🌹
Long
by Babenski
4