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Bitcoincashusd

BitcoinCash is Expected to Breakout and Head Towards 770Trend Analysis The main view of this trade idea is on the 15-Minute Chart. The cryptocurrency BitcoinCash (BCH) has been in a rangebound movement over the last couple of days between the 695 and 735 price levels. Given the current uptrend, expectations are for a break above the top of the range. Given the width of the range, a target a little above 770 is targeted for the cryptocurrency. These expectations will be negated will BCH fall towards 675. Technical Indicators BCH remains above its long term 200-SMA despite being in a rangebound movement over the last couple of days. Its Awesome Oscillator (AO) is above 0 and green while the Directional Movement Indicator (DMI) is in a positive zone, with the positive DMI being greater than the negative DMI. These technical indicators support the view of a breakout at the top of the range. Recommendation The recommendation will be to go long at market. Stop loss will be set around the 675 price level with a target of 772.50. This produces a risk reward ratio of 1.57. 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. At the time publishing, I have a position in BCH.
KRAKEN:BCHUSDLong
by Ceddy86
Pullback in BitcoinCash Towards 580Trend Analysis The main view of this trade idea is on the 15-Min Chart. The cryptocurrency BitcoinCash (BCH) is pulling back in the short term towards 580. There was some failure as the cryptocurrency attempted to break above 700 resistance. From there BCH formed a symmetrical triangle illustrated in the chart and broke below the support trend line. Expectations are for a decline towards 580. A negation of these expectations will be observed if BCH breaks above 675. Technical Indicators BCH recently had negative crossovers on the short and long term MAs as well as the medium and long term MAs. Currently the short (25-MA) MA is below the medium (75-MA) term MA and the medium term MA is below the long (200-MA) term MA. RSI is also below the 50 price level and the KST had a negative crossover Recommendation The recommendation will be to go short at market. Stop loss will be set around the 675 price level and a target of 580. This produces a risk-reward ratio of 1.69. 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. At the time publishing, I have a position in BCH.
KRAKEN:BCHUSDShort
by Ceddy86
BCH - What happens next? Hi, this is my new update for BCH. In the last 3 weeks BCH has risen around 70%, but now we have broken the resistance 650$, SMA100 and SMA200. If we close todays candle above 650$, then we are good to go and the next target is 710-720$. We have 3 resistances between 720-840$, but once we break all of them, then we have a big gap to fill it up between 860-1050$ (Easy gains). Compared to the total market cap, BCH must be around 900$, but unfortunately BCH is always lagging behind. So be patient and don't panic ;)
BITSTAMP:BCHUSDLong
by GOAT1375
2
Bitcoin Cash a false breakout?😱Bitcoin Cash could make a false break of the local top, volume is up and ATR is close to 200%. All this signals that a false breakout could happen. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
4
BCH 1D Waiting for Bitcoin Cash at $20,000 and there is no typo)In our portfolio of ideas, a series of accurate predictions for the BCHUSDT pair have gathered, it's time to continue it) In January 2021, we wrote about buying BCH at $380 and possible sales at $1200 Further in May, they wrote that growth to $1,700 is still possible, and this is what happened, after which the cryptocurrency market collapsed together. The price of BCHUSD fell by -77% - a lot, but another thing is interesting, the fall was aggressively bought off twice from $380-400 . That there is an aggressive buyer, we wrote in the previous ideas. This combination of information suggests that the real bull run on the BCH chart is yet to come. We think that below $400, buyers will not let the Bitcoin Cash price drop, that is, it is logical to try to gain longs with a grid on a spot in the $400-450 zone. The first top targets are $1500-1650. Correction to $750 and you can dream of moving towards ATH, which is close to $4000. If the holders of 2017 say: $4000 is not enough for us - this is just our break-even point, but how can we make money?, We will say - it is not a problem) For you, the market has the levels for growth of $12,000 and $20,000 , respectively) We will take this global idea as a basis and as we grow, we will add additions to it. Therefore, write a comment under the idea and put like for that you received update notifications in future _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
KRAKEN:BCHUSD
by P_S_trade
52
Bitcoin Cash Channelling Higher Towards 650Disclaimer 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. At the time publishing, I have a position in Bitcoin Cash. Trend Analysis The main view of this trade idea is on the 2-Hour chart. The cryptocurrency is in an upward trend channel, with the lows around the 386 and 488 price levels. Also based on a market profile, Bitcoin Cash is currently trading within a confluence or support/resistance zone, which would indicate some level of consolidation and choppiness. Technical Indicators Bitcoin Cash recently crossed above its short (25-SMA), medium (75-SMA) and fractal moving averages as it held the lower support trend channel. The RSI also crossed around the same time that support was held. Moreover, the KST confirmed the bullish move with a positive crossover. Recommendation The recommendation will be to go long at market. At the time of publishing Bitcoin Cash is trading around 531.75. The medium-term target price is observed around the 650 price level, which is the bottom at the confluence zone while a stop loss should be set around the 490 price level. This produces a risk-reward ratio of 2.83.
KRAKEN:BCHUSDLong
by Ceddy86
1
BCH - Ready for $1750? Hi, this is my new update for BCH. 4 days ago we lost our support level around $1300 and we tested the previous top around $1160 and it held very well. Now we have made a beautiful double bottom and we are battling against the resistance level $1300, so once we break it we are going to test the next one around $1500-1550 and if we break that too, then the next one is very big an it is around $1750. If we break the resistance $1750 then we are ready for ATH. So be prepared and don't panic ;)
BITSTAMP:BCHUSDLong
by GOAT1375
2
Bitcoin Cash (BCH) Analysis 07/03/2021Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity (big blocks). In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, Bitcoin Cash payments are sent directly from one person to another. As a permission less, decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank. Unlike traditional fiat money, Bitcoin Cash does not depend on monetary middlemen such as banks and payment processors. Transactions cannot be censored by governments or other centralized corporations. Similarly, funds cannot be seized or frozen — because financial third parties have no control over the Bitcoin Cash network. Bitcoin Cash combines gold-like scarcity with the spendable nature of cash. With a limited total supply of 21 million coins, Bitcoin Cash is provably scarce and, like physical cash, can be easily spent. Transactions are fast with transaction fees typically less than a tenth of a cent. Anybody can accept Bitcoin Cash payments with a smartphone or computer. Bitcoin Cash has various use cases. In addition to peer-to-peer payments between individuals, Bitcoin Cash can be used to pay participating merchants for goods and services in-store and online. Very low fees enable new micro-transaction economies, such as tipping content creators and rewarding app users a few cents. Bitcoin Cash also reduces the fees and settlement times for remittances and cross-border trade. Other use cases include tokens, simplified smart contracts, and private payments with tools such as CashShuffle and CashFusion. Bitcoin Cash different from Bitcoin: In 2017, the Bitcoin project and its community split in two over concerns about Bitcoin’s scalability. The result was a hard fork which created Bitcoin Cash, a new cryptocurrency considered by supporters to be the legitimate continuation of the Bitcoin project as peer-to-peer electronic cash. All Bitcoin holders at the time of the fork (block 478,558) automatically became owners of Bitcoin Cash. Bitcoin, which was invented by the pseudonymous Satoshi Nakomoto remains a separate cryptocurrency. Unlike Bitcoin BTC, Bitcoin Cash aims to scale so it can meet the demands of a global payment system. At the time of the split, the Bitcoin Cash block size was increased from 1MB to 8MB. An increased block size means Bitcoin Cash can now handle significantly more transactions per second (TPS) while keeping fees extremely low, solving the issues of payment delays and high fees experienced by some users on the Bitcoin BTC network. Technical: as you can see the price has broken up from its accumulation zone and is rallying in an Ascending Broadening Wedge, and by Fibonacci Projection we can predict the total of 2 TPs where if the 1TP gets triggered then 2TP is confirmed. i have projected the targets based on the boundary of the Wedge and its confluences with Fibonacci projection Levels of 161.8% and 261.8%. they are on rounded up numbers
Long
by BitonGroup
4