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BCHBTC trade ideas

BCHBTC is expected to rise furtherThe pair created a solid base bouncing from 0.02465 level 4 times and trading side wise for 3 weeks. It broke out of the horizontal range yesterday at 0.02636 and broke out from the bullish flag pattern. The pair is not targeting 0.0275 and 0.0281 levels, any pullbacks towards 0.02636 are considered buying opportunities with stop level at 0.0259. Hit the like button please if you find this useful :) Do your own analysis before following my ideas Happy Trading!
Long
by Chartoholic
A trading opportunity to buy in BCHBTCMidterm forecast: While the price is above the support 0.0235, beginning of uptrend is expected. We make sure when the resistance at 0.0480 breaks. If the support at 0.0235 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 0.0285 on 05/09/2020, so more losses to support(s) 0.0246 and minimum to Major Support (0.0235) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index ( RSI ) is 50. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.02455 to 0.02350). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. Beginning of entry zone (0.02455) Ending of entry zone (0.02350) Take Profits: TP1= 0.0296 TP2= 0.0332 TP3= 0.0403 TP4= 0.0480 TP5= 0.0549 TP6= 0.0652 TP7= 0.0868 TP8= 0.1055 TP9= 0.1245 TP10= 0.1857 TP11= Free ❤️ If you find this helpful and want more FREE forecasts in TradingView Please show your support back, Hit the 👍 LIKE button, Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️ Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ orecastCity English Support Team ❤️
Long
by ForecastCity
19
A trading opportunity to buy in BCHBTCMidterm forecast: While the price is above the support 0.0235, beginning of uptrend is expected. We make sure when the resistance at 0.0480 breaks. If the support at 0.0235 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 0.0285 on 05/09/2020, so more losses to support(s) 0.0246 and minimum to Major Support (0.0235) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 50. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.02455 to 0.02350). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. Beginning of entry zone (0.02455) Ending of entry zone (0.02350) Take Profits: TP1= 0.0296 TP2= 0.0332 TP3= 0.0403 TP4= 0.0480 TP5= 0.0549 TP6= 0.0652 TP7= 0.0868 TP8= 0.1055 TP9= 0.1245 TP10= 0.1857 TP11= Free ❤️ If you find this helpful and want more FREE forecasts in TradingView Please show your support back, Hit the 👍 LIKE button, Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️ Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
28
BCH has a clear path ahead of ALT-season!Hi again! We have had an interesting couple of months no doubt. BTC is making people guess, so much fear and so much bias. BCH however is looking ever so bottomed out. Looking back a few months back, we can see that from the bottom of mid Jul 19' we have seen an accumulation phase until Jan this year, followed buy a last bag filling pump to this date. The bottom IS in! We have an overlay fractal taken from Jan-Mar 19' just sized up to fit the chart. There is a remarkable bottom pattern repeating. RSI - looks bullish but has to close above the RSI wedge to confirm a breakout. BCHUSD pair has just recently broken out as well: ' I'll keep this updated as we go. Easy targets are 0.035 to 0.045, pretty likely a mid-term peak at 0.060. Followed buy an accumulation phase before next legs up well above 0.1. -B
Long
by bnqview
BCH/BTC 12H (Binance) Descending channel breakoutTA: Bitcoin Cash looks bullish again after breaking that parallel channel resistance. I will operate it on Spot and Margin (up to 5x). FA: Hashrate droped after his halving more than a month ago, but now Bitcoin halved, hash power is back on BCH. Current Price= 0.025541 Buy Entry= 0.025607 - 0.025067 Take Profit= 0.027767 | 0.029748 | 0.032951 Stop Loss= 0.022907 Risk/Reward= 1:1 | 1:1.82 | 1:3.13 Expected Profit= 9.59% | 17.41% | 30.05% Possible Loss= -9.59% Fib. Retracement= 0.236 | 0.382 | 0.618 Margin Leverage= 1x | 3x | 5x Estimated Gain-time= 360h
Long
by TradingOn
BCH-BTC HUGE Move Coming .. To me, theres only 1 way to go - UP!Reference the chart to see the 2-day historical volatility index squeezing quite hard here at a major support. We are either about to see a BIG move up or a BIG break of support into a move further down. Personally, I like to judge the incoming direction based on current market drama.. crypto traders love to give reason for moves AFTER the fact. While BTC fees are $25 a pop, transaction times increasing, and miner capitulation upon us - this serves BCH very well. For now, in a battle between BTC and BCH, I will err on the side of Bitcoin Cash. Especially while the price sits on major support, it seems foolish to bet on a break. The better risk/reward play is long. Good luck on whichever side you pick and happy trading!
Long
by gmpryb
1