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BCH/USDT Potential Rejection And Continue Upward Movement Hello Paradisers, turn your attention to this token! 💎 BCH, also following BTC's sharp decline to $24k, has breached its demand zone. 💎Currently, BCH might rise to form a new leg before either continuing its descent or heading straight to the Bullish Order Block or untouched demand zone. 💎Typically, a fresh demand zone witnesses a strong bounce-back, given that it remains untapped. Such areas often house a significant number of buyers and accumulation activities.
by MyCryptoParadise_Nathan
BCH - What is next for Bitcoin Cash?Hi Everyone, BCH is now coming back down to close the imbalance that had been left once it broke swing highs last year. There is an order block sitting around 140, which should be the area to watch out for your buy limit orders. I expect price to continue falling to that area and I will start opening buy positions once we see confirmations that the Order Block will hold. Stop loss should be placed below the daily swing low, as the market could still drop further to the lower order block around 120.
Short
by Gaspar_Trader
Bitcoin Cash just reached 200 price.Hi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash just reached my main target at 200 price. This is lower bound of 220-200 support level. In my previous ideas I indicated that it's very likely that BCH will touch that level. It took some time but eventually Bitcoin Cash has reached 200 level. Now there are view options how BCH price can behave at that level. Option 1: Price can correct to 220-230 price and from there slowly drop back to 200 level. Option 2: Price can consolidate at 200-220 price range and after some time drop under 200 level. Option 3: If Bitcoin falls under 28k then BCH drops under 200 level. I expect that there will be some correction up to 220 price and from there drop to 200 again. Let see how it goes. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
by Real_CryptoRoy
2
Bitcoin Cash just broke it local support at 235 price levelHi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash just broke it local support at 235 price level and almost touched upper bound of 218-200 support area. As I indicated in my previous ideas I wait 200 price level after which there might be some correction phase. Before BCH will reach this level I don't expect any significant correction. Otherwise everything goes as expected and I think that very soon we'll see Bitcoin Cash at 200 price. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
Short
by Real_CryptoRoy
7
BCH/USDT Technical Analysis - Potential Breakout Ahead BCH/USDT Technical Analysis - Potential Breakout Ahead Hey Crypto Enthusiasts! Let's dive into an insightful technical analysis of the BCH/USDT trading pair, exploring recent trends and potential future moves for Bitcoin Cash (BCH) in the crypto market. June's Phenomenal Surge June was nothing short of thrilling for BCH holders, witnessing an incredible 260% surge in the BCH/USDT pair. This exhilarating jump has captured the attention of traders and investors, sparking curiosity about the path BCH might take next. Spotting Bullish Signals The current scenario hints at the formation of a bullish flag pattern in higher time frames. This pattern often acts as a signal for a continuation of the previous uptrend, suggesting the potential for more upward movement. However, remember that retracements are an integral part of the market cycle and should be anticipated. Resistance and Support Levels Right now, BCH/USDT is trading within the resistance range of $240 to $250. This zone is pivotal as it represents a battleground between buyers and sellers. Should the price breach the $250 mark, BCH could eye levels such as $300, $400, and even $500. On the flip side, if the $250 resistance holds, we might see a retracement. In this scenario, the support level to watch is at $186. A dip to this level could provide a healthy correction and set the stage for the next bullish leg. Breakout and Targets The make-or-break point for BCH/USDT is at $250. A clean breakthrough here could unleash BCH's potential to explore $300, $400, and $500. Keep a close watch on this level, as sustained movement beyond it might herald a new bullish phase. Key Levels Recap Support: $186 Resistance: $250, $309, $400, $500 Remember: Cryptocurrency markets are known for their volatility. This analysis is purely informative and not financial advice. Always conduct thorough research or consult a financial advisor before making investment decisions. Stay tuned for more updates!
Long
by CryptoPatel
Bitcoin Cash is trading in a narrow price rangeHi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash is traiding in a narrow price range between 260 and 235. It seems that it's found local support at 235 and from there it's trying to test 265 resistance but so far it didn't go higher 260 price. I don't think that BCH price will go significantly higher than 265 resistance area. Overall I'm bearish on Bitcoin Cash and still waiting its reaching 200 support level but it can take some time. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
Short
by Real_CryptoRoy
2
Bitcoin Cash in declineHi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash is in strong downtrend and isn't showing any signs of life. In my previous post about Bitcoin Cash I wrote that it is likely that price will go to 200 level. So far it goes slowly but surely. Even recent Ripple win in court against SEC didn't help BCH to climb to 300 and stay above. There is definitely no buyers in Bitcoin Cash and price will slowly drop to 200 and maybe even lower. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
Short
by Real_CryptoRoy
5
BCH BitcoinCash Bullish longBitcoin Cash (BCH) soars in value thanks to surge in crypto trading volume in South Korea Bitcoin Cash (BCH) has seen a significant surge in value, crossing the $300 mark, fuelled by rising crypto trading volumes in South Korea. The BCH/KRW exchange pair listed on Upbit, one of South Korea’s largest digital asset exchanges, saw a trading volume of $557.63 million in the last 24 hours. This volume is nearly 3.5 times greater than the BTC/KRW pair on Upbit and 5.5 times greater than the BCH/USD volume on Coinbase, a Nasdaq-listed exchange. However the recent BCH rally may be driven by speculative motivations rather than underlying fundamentals. Strategy Bullish 3Lots 2 Lots will be excecuted at Profit Target Zones 1Lot will follow the Trend It will be only!!! excecuted ,if Bullish Trend changes The stops will be delivered as soon as possible to break even,better some pips above the Buyinh price I have marked my profit targets Psychology: 1:The price is always right 2The Market is alwas right 3 The Chart is always right 4 IGNORE THE NEWS; Plan your trades and trade your plan. 5Drawdowns are partof the game 6 Risk management and money mangement is King! 7 wHATEVER HAPPENS;sTICK TO YOUR PLAN! 8 In a bear market no price is weak enough 9 In a bull market no price is strong enough 10 Patience !Wait for confirmation: Control emotions and tensions.
CAPITALCOM:BCHUSDLong
by DaveBrascoFX
2
BCH rally update!Hey friends hope you are well, and welcome to the new update on Bitcoin Cash (BCH). Falling wedge breakout: On a weekly time frame, the 15th largest cryptocurrency has broken out a falling wedge pattern. Big symmetrical triangle: After the breakout Bitcoin Cash was not able to continue the rally because of a resistance of big symmetrical triangle. Bull flag: On a daily time frame, priceline of BCH has formed a bull flag and target for this bull flag is almost $1000. Conclusion: Bitcoin Cash has broken out two major resistance levels of a falling wedge, and a big symmetrical triangle. Now the bull flag formation is signaling to the continuation of the rally.
Long
by moon333
2
$BCH Ready for next move upI’ve been watching SET:BCH closely and it has become extremely bullish but also people are HODLing harder than ever. There is a noticeable decrease in selling pressure after the 250% gains, and I believe we are primed for an increase in buying pressure and volume. Fibs will show levels SET:BCH can touch, although, it is holding very strong so it may never see them. I have ghost candles showing my prediction with a move upwards towards $420. NFA, DYOR HELPME.CASH TWITTER.COM/AYYFEZZ
COINBASE:BCHUSDLong
by immediateDirec31479
Bitcoin Cash rally is overHi guys, let's review the current situation on Bitcoin Cash. It seems that Bitcoin Cash continue rally is coming to the end and probably we won't see any big green candle on weekly chart. In my previous post I indicated that last couple weeks there was extremely high volume on weekly candles and often it may indicate on changing direction, at least short term. Note that last on last week candle there was highest volume ever on BCH so it's normal that there will be some correction. This week we can see this correction. If bulls want to continue recent rally then it's important for them to BCH close above 265 on weekly candle, it would be better if it closes somewhere around 280-290. If this happens then we can expect price to test 330-340 levels but from current situation it's unlikely that this will happen. I expect that even if BCH price will rise it won't go higher than 300-310 and then continues it's correction to 220-200 levels. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
Short
by Real_CryptoRoy
2
Ethereum - Prepare For The $2,150 Double TopI've heard that a number of "Chinese Partners" and even their wallets were directly involved in the formation of the Ethereum Foundation. Whether that's true or not, the reality is that too much of today's digital currencies are connected to the Chinese Communist Party, and that's a big problem for long term bulls when the United States and its allies are talking about "de-risking" from China and Xi Jinping is not in anyone's good books. Moreover, with the 24-year persecution of Falun Gong by the CCP hanging over everyone's head, being bullish on anything with its roots in China is like asking to get "Zeroed Out" in the truest sense of the word overnight, one night. At present, you're being told that a bull market is not only coming, but here. However, with the exception of Bitcoin Cash, which I actually called in like August of last year but it took forever to pan out and I forgot about it: You're already pretty close to the tops. Once we're finished here, early bulls aren't going to like their bags and a lot of these alts you think you're smart buying are going to end up at zero because they won't be listed on the federally regulated exchanges or Coinbase. Anyways, here's the situation. Bitcoin futures (futes is all that matters) supports a move to $33,000 to $35,000 based on the monthly bars, which I outline in a very accurate call here: Bitcoin - Balance Amidst FUD However, Ethereum futures does not support a new high because it already rebalanced the gap in April: The overall macro situation in the broader markets are also not good at the moment, and a lot of things are about to change. You can view my calls included below and decide for yourself what you want to believe in. June 30 is also quarter end for the real economy. Because a new high is not likely, and Bitcoin is primed to go another 10%, where we're at is that we're looking more at either a $2,050 almost-top or a $2,130 double top. The technicals on this particular trade are also that Eth broke to the bottom of a triangle/flag before it went up. When it broke to the bottom it neither took out a key pivot nor did it rebalance a key gap, which it really should have done if the target was, say, $4,000 again. So, if you ask me, you're about to get a time to sell your longs and go short. But they're telling you it's time for you to go long for the super moon. But what if the moon is still a long ways away? It's a long fall back to $1,000 if the furus and the Discords and the megaphone accounts are wrong. The call: 1. Ethereum does not make a new high 2. Do not buy the dip. Short the rips after the rejection confirmation. 3. Keep shorting baby 4. Short and short and buy it all back low If you can enlighten to it you'll do pretty well. If you can't, you'll lose a lot of your future, won't you?
Short
by LordWrymouth
1
BNB Setup For Bull RunRight now BNB is a coin that reminds me a lot of the Bitcoin Cash chart just before it broke the 200 daily MA and exploded 200% in price days ago. The market structure is eerily similar to the year long accumulation BCH went through and like a tender smoked roast, BCH cooked on low and slow for a whole year boring traders to sleep before BOOM, a break above the 200 daily MA happened and the rest is now history. BNB has that same year long low and slow market structure currently but has not broken its 200 yet. It is still quietly in accumulation (possibly) but looks primed for a markup in price soon. Also, Bnb's weekly is attempting to put in a double bottom at a nice 88.6% fib retracement. That being AFTER it made a 100% retrace just over a year ago to date. A target of around 385 seems fair if and only if this 244 level holds on the weekly which is no gaurantee due to alt coins being so illuiquid in comparison to btc and eth. A true stop loss would be just below 184 but a tight stop loss below 220 is fine and maybe even wise. A run to 385 would equal a +50% move in price.
BINANCE:BNBUSDLong
by TradeVibez
Coinbase - The Moonboy GuillotineFrankly speaking, Coinbase is a stock you actually want to keep a careful eye on, because as the US/International regimes fully integrate digital currency, Coinbase is quite likely to be a key organ of the network. But for now, this thing is worth $14 billion still and at a time that the crypto market is doing really poorly, Binance and Tether are ticking timebombs waiting to go full Mt. Gox, and banks are about to establish real crypto exchanges. The current breed of digital currencies, including Bitcoin and Ethereum, are things that have been corrupted by Chinese Communist Party entities. All the way from the mining cartels to the communities to the Ethereum foundation, there are links to mainland China every step of the way. And this is something you should really be worried about when the new International Rules Based Order policy is about "de-risking" from China. And moreover, China has a lot of problems from the pandemic, the coming possibility that Xi Jinping will coup d'etat the CCP in the middle of the US night one day soon, and the looming persecution of Falun Gong since 1999 by the Jiang Zemin faction. The timing is a little off to go long, but since you're being told it's time for $100,000, if you believe it, then I suppose you've consented to losing your money. Right now I have calls on Bitcoin for $33,000 to $35,000: Bitcoin - Balance Amidst FUD And Ethereum for a $2,130~ double top: Ethereum - Prepare For The $2,150 Double Top In my opinion, with the chart set up and pattern, the Coinbase market maker is not going to create higher prices. The target is below the December low. Numbers like $15 or $18 are what the low will look like ultimately. And so right now if you're long on this I recommend you sell on a breakout of this April-July trendline around $69. If you don't sell your shares now I really do believe these prices won't be seen again for at least 2 years. I do not believe price will break $72 because the market maker is actually short. For now, the trade gives a scalp opportunity to go from $61 to $69 as well. The target is the very bottom. And then a new new bottom of the new bottom. Afterwards, perhaps Coinbase will rise again.
NASDAQ:COINShort
by LordWrymouth
10
Bitcoin Cash - Don't Long The TopThe current generation of digital currencies are something I really implore you to lose all faith in. At this point in history, they are old, and have been corrupted by various factors using the "Embrace, Extend, Extinguish" technique. In the short term future, the existing cryptos will be significantly marked down as a result of Central Bank Digital Currencies, and probably something like a "One World" or "New World Order" CBDC being issued as part of the coming social credit system. Social credit is a despicable importation of the Chinese Communist Party's Zero-COVID scheme, and nothing you should look forward to. No, they aren't going to make your bags of retail memecoins part of the system. JP Morgan forked Ethereum for themselves and SWIFT is already testing on it, lol. George Carlin once said, "It’s a big party and you are not invited!" Moreover, so much of the crypto community is the criminal underworld, and a lot of it is directly linked to the CCP. Many of the miners are linked to the CCP, everything is linked to the CCP, and in the worst way. This will be a big problem for people in the near term future, especially with the geopolitical risks of Xi Jinping against the International Rules Based Order and the Jiang Zemin faction. The IRBO is dirty with Jiang and Jiang is responsible for the 24-year-long persecution and genocide against the 100,000,000 practitioners of Falun Dafa meditation. But at present, Bitcoin Cash is both a dumpster coin and not a dumpster coin. Although it was supposed to be the thing that preserved the original Satoshi whitepaper, it too was corrupted in the 3E paradigm and has, unfortunately, always been little more than something for SHA256 miners to algorithmically cycle to depending on difficulty vs coin cost. This means as long as Bitcoin mining exists that Bitcoin Cash will have a healthy market. But it also means there's a lot of incentive to dump it, and dump it again, since dumping it can break miners and rebalance the equation. Fortunately, the technicals on BCH for a rally are actually solid for the monthly, weekly, and daily candles, which are all that matters. Monthly Weekly Daily When a lot of people look at the Daily and 4H charts, they're going to see a "bull flag," a continuation pattern, and feel that for sure the "next leg up" is for certain $500. These meme patterns don't exist. Nobody with hundreds of millions of dollars at risk is buying or selling anything based on trendlines and bat patterns. Give your head a shake and wake up. In my view, what BCH will do is this: First, it will break the $268 low. Think like sub $250. Second, it will rally to $350 Third, that's the end of the fun for longs The best scenario bulls will have ahead of themselves afterwards is a retrace to $130-$150. But in reality, if the markets-at-large, and especially crypto, are as unhealthy as they appear, then that low at $86 is not going to hold. So, top longers, can you hold a bag to a raid to $25 that only takes a few months and scares you to death? Speculating in digital currency is very dangerous. The only people making the market are not your friend. There are few friends in crypto. It's mostly just a bunch of useful idiots doing Marxist things and yammering about "The Plan" as if they've enlightened to reality.
BINANCE:BCHUSD.PShort
by LordWrymouth
2