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Bitcoincash

Potential Breakout in BCH, Target at 135The main view of this trade idea is on the Daily Chart. The cryptocurrency Bitcoin Cash (BCH) appears to be in an asymmetrical triangle setup. The downward trendline of lower highs of 156 and 124 was broken on 8th January, 2023. The support trendline of 88 and 95 continues to be held. Expectations are for the breakout of the triangle to continue and BCH is expected to rally towards 135. This view will be negated if BCH were to decline below 95. Technical Indicators The technical indicators corroborates this view. BCH’s Supertrend is back in buy-mode after the Index crossed above 103. Also, BCH is back above the Daily MA, the 1st time since 13th December, 2022. The Awesome Oscillator is above 0 and trending higher while the RSI is above 50. The intra-day trend following indicators of the cryptocurrency also display uptrends in the 15-Min, 2-Hour and 4-Hour time frames. Short to medium term support is seen around the 95 - 98 price range. Recommendation The recommendation will be to go long at market, with a stop loss at 95 and a target of 135. This produces a risk/reward ratio of 2.21. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes.
COINBASE:BCHUSDLong
by Ceddy86
1
Real Test Of Bitcoin Recently We Seen massive buying Volume In btc In higher Tfs Btc Is Testing Structure Level (Higher Low) And I think Its real Test Of btc strength Once We Got weekly close Above 25200 Then Btc will Start Its Uptrend Officially For Further Confirmation I Added 50Ema IF We Look On Btc History Of Past Years Then We Can clearly See Whenever Btc Breaks 50ema Btc Makes New Ath Massive Rsi Divergence Also Indicating Reversal Final Thoughts When Btc Breaks Hl And 50Ema Moving Average ( Once That Happens Lots Of longterm Investors Will In ) and btc will Easily Test Its ath however its just an idea dyor before taking any action share your thoughts in comments section
Long
by Worldofchartsfx
BCHUSD - 30% Jump Incoming After Breaking Descending TrendBCHUSD has recently received a buy signal from Crypto Tipster v2 after bouncing off recent support on the underside. This suggests that the cryptocurrency may be entering a bullish market and could see a significant increase in value. The question now is whether BCHUSD will be able to break through a descending trend line to reach 30% in profit after a year and a half of a generally downward trend. *** If you enjoyed or agree with this idea - drop us a comment, like & follow! :) ***
KRAKEN:BCHUSDLong
by theCrypster
6
✴️ Bitcoin Cash Major Breakout, Looks Good To Me!Here we are again with the same conditions as visited before in the Binance Coin and Cardano charts... Bullish consolidation. I was sharing in the BNBUSDT article yesterday the fact that corrections tend to become felt in crypto. Retraces can happen slowly which means that the current consolidation can turn into a retrace but as for corrections, they go down fast and strong as soon as a resistance level is hit. This type of action we are seeing with Bitcoin Cash (BCHUSDT) kinds of breeds doubt and uncertainty... But, as shared in the BTC CME Futures GAPs article, Who's selling ? Bitcoin Cash looks good... After the break above EMA100, we have 6 days of consolidation. This consolidation is taking place above EMA10 and all the rest. The RSI is super strong. As long as the consolidation continues to be this strong, our bullish bias remains intact and we aim for the next target... $150 followed by $170 and so on. You can read below to expand on this trade idea. Three relevant articles mentioned are: 1) ✴️ Binance Coin | New Money Enters The Market, BULLS Confirmed! 2) 🅱️ BTC CME Futures GAPs Points To $35K, Who's Selling? | Go UP! 3) 🅱️ (₿) The Real Meaning Of A Bitcoin "Overbought" Daily RSI... Thanks a lot for the support. Namaste.
Long
by AlanSantana
6
DINO Coins will OUTPREFORM BTC! (And no I don't like BCH)DINO Coins will OUTPREFORM BTC! (And no I don't like BCH but the Charts NEVER lie.) Sitting above Daily 200 EMA with strong momentum still. Euphoria is entering the market. KEEP AN EYE ON DINOS! This is the 3rd Example of 2x plays that can possibly play out by Mid FEB! ENTRY: 100-125$ and HOLD SL open or 25-30% of DCA Entry. TP 1/8 50% 1/8 75% 1/2 100% Remaining runner 150% Signs why Below: Buy above 4h 200 EMA (With Smaller Bullish patterns) Confirmed Breakout (Look at RSI , Trendlines , Volume ) Look for catalyst News (Anything that rehypes the shitcoin, or it's bluechip chain) Buy SPOT ONLY and HODL! Swing until 2x profit, or weakness. no SL but if needed a loss of 50% would be a SL FIND THIS IN OTHER SHITCOINS AS WELL! PLAY THEM ALL BTW there is an order to this, I will not share it, you will need to DYOR. but this is a prime example which will likely 2x by MID Feb
by Printgains
1
✴️ Bitcoin Cash Strong Breakout Is Only The BeginningA very strong breakout... Bitcoin Cash grew 30% in just 10 days... Here is the previous chart (2-Jan) Looking at the weekly timeframe, this is only the beginning. Last week BCHUSDT was still trading above EMA10, just this week it moved above this level, telling us that the bullish wave is just beginning. EMA50 is sitting at 191 so we have a long way to go, up. The next target is set at 150 for an additional 27% from the current price. A peak for this wave can be hit at 189 for an additional 60%. I say additional because we've been tracking this pair since it was at 100... Now we sit back, relax, watch and wait... With sell orders placed. Namaste.
Long
by AlanSantana
1
Unplugged in the crypto verse#1When i got into crypto, something just clicked i knew this would be future. So began my journey into the rabbit hole. Crypto profitability was something that i realised is the holy grail. So i began working on articles to where it started with bitcoin. I will be referencing this articles from time to time. SIDE NOTE"So the big news of the time is the ftx scandal with Sam bankman fried. " You have some cash and want to convert into crypto. Here are the steps. 1). Find an exchange;i use binance mostly. 2). Create a metamask wallet. 3). Get your crypto off exchanges if you are not trading. 4). Transfer your tokens into your metamask wallet. Congratulations you are now a crypto degen. 5). Exploring dapps into the crypto verse is mind blowing. Some of this concepts i think are so revolutionary that they will change major industries in ways we might not imagine now. The more you are in crypto, the more you realize how early you are. This space needs time. We need to root out the bad actors after every bitcoin halving. Thats the reason for the pain you are feeling now." Everyone is a genius in a bull market"that quote has stuck with me. Bitcoin needs the liquidity crunch that's how ecosystems evolve. 1).Financial dapps in the blockchain may be your best bet. That's why i advice you to start. Look at aave, compound, maker, uniswap e.t.c. 2).Crypto gaming maybe alternative, splinterlands, gods unchained,mobox e.t.c. Also under crypto gaming, look for games with growing users that are verifiable within the blockchain. Most of this exchanges will offer exchanges which users trade nfts within the game. 3).crypto trading with bots maybe your best bet at automating a crypto strategy. I personally use pionex. All my articles are linked below free to read. Thank you for giving crypto a chance. Cheers.
Education
by trader734567
2
✳️ Bitcoin Cash vs Bitcoin | Maximize Earnings PotentialHere we have Bitcoin Cash and an uptrend has already been set. As many people say, all that is left is to follow the trend. We can easily see 40% growth on the next bullish wave. If you use bitcoin to buy BCHBTC and bitcoin grows, you do not lose out on anything...You get to earn from both, BCH and BTCs growth. That's the beauty of the Altcoins vs Bitcoin pairs when both together rise in price... Your bitcoins are multiplied and at the same time these bitcoins value also rise. Win-win-win. For this, you need to trade/buy using BTC. Namaste.
Long
by AlanSantana
2
Bitcoin Cash Lags Behind But Not For 10X Long (85% Possible)We are seeing how Bitcoin Cash (BCHUSDT) is lagging behind some other altcoins but we believe this won't continue to be true for long. The early/mid November shake-out has been completed and what follows is a bullish jump. Today BCH moves above EMA10 after multiple days of consolidation. The RSI is still weak but the short-term bias is pointing up. The easy target is set at 20% or $133. The next target on a higher high is $208. We are active with 10X on this one. You can find more high-risk lev. trades in the "Related Ideas" below. Thank you for reading. Namaste.
Long
by AlanSantana
3
Bitcoin Cash Retracement LevelsSaint Kitts and Nevis may be adapting BTC as legal tender in 2023, but that won't prevent the asset from retracing first, which works to the advantage of the savvy crypto investor. I see BCH reaching possibly beyond the 2.618% Fibonacci retracement level in the short term as the markets reset during this bear winter. We may markup, but any markups above TRR most likely will not be sustained prior to the macro sell-offs. **Like making money? Be sure to subscribe for more clean, accurate, easy-to-follow swing charts with high win ratios (80-85% average). Not financial advice. Always DYOR and trade at your own risk.
COINBASE:BCHUSDShort
by jalapablo
Bitcoin Cash | Not Ready, Not yet; Potential For LowerYesterday Bitcoin Cash (BCHUSDT) tried and failed to move above EMA10 and EMA21. We see this rejection coupled with high bear volume. Today we are seeing prices growing below EMA10; bearish growth. This is bad news as EMA10 is our main indicator to gauge the short-term potential of any cryptocurrency trading pair. We can also see EMA50 or $110 as a strong barrier, this is the level to break for positive CHANGE. Any trading below $104 and we can expect lower prices... Targets: $95 is possible but even $80 is on the cards and lower... Let's wait for the bottom! After we hit bottom, we definitely will have long-term growth... That's the meaning of bottom, it can't go lower and this will be set in the next few weeks, maximum a few months. See the related trade ideas for more. Remember, I am always grateful for your continued support. Namaste.
Short
by AlanSantana
2