BCHBTC trade ideas
BCH retest of accumulation rangeThe ratio is between the 200 daily MA (light blue) and the 200 daily EMA (dark blue). It can consolidate between them, but when the bollinger bands squeeze be ready for the breakout.
Will update with targets
$bch im sorry guysi dunno. chart says if we pump we might go all the way up there.
i feel gross posting this.
muh narrative halfing in 10 days
www.coingecko.com
BCH/BTCThe bottom is in and TA patterns are about to start working on higher time-frames.
We only get working TA for a while, as the casino begins to bait.
BCH Halving - Pump likely to happenBCH looks good from a TA pov
FA looks promising, within 10 days halving
Many MM will try to push the price of BCH.
Use wide SL, small position size.
BCHBTC is in Buy Zone!The price moves in the Upward Range Channel!
I think it's a good buy opportunity near the bottom border.
Potential profit will be 3 times bigger than the risk.
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Bitcoin Cash Trading IdeaHello Traders,
Bitcoin cash reached an importante support level which is also coincident with the 0.618 of Fibonacci. This region is the ideal region for a reversion in price if it is going to continue the previous uptrend.
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Bitcoin Cash Is Forming Bullish BAT For Upto 24% Profit SoonFormation of harmonic bullish BAT pattern:
The Bitcoin Cash with Bitcoin pair is forming a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone to give chance to earn more gains.
Let’s dig the pattern deeper to see how perfect it has been formed.
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area now the last leg (C to D) should be retraced between 0.786 to 0.886 Fibonacci level.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern and its Fibonacci sequence should be:
Buy between: 0.0296 to 0.0286
Sell between: 0.0320 to 0.0356
So this short term 12 hour chart based idea has capacity to produce upto 24% profit.
Stop Loss:
The potential reversal zone area that is up to 0.028646 sats can be used as stop loss in case of complete candle stick opens and closes below this level.
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
A Descending Triangle is Forming on BCH [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
We see BCH here with a strong bearish trend currently. It is reaching a point of support, but it doesn't look like it is really going to hold. I expect the price to bounce a little bit, confirm the triangle, and break through the bottom support line.
The intuition behind a descending triangle is that there is a support zone at the bottom, with multiple attempts to break the support. After every bounce, the bulls slightly decrease their power. At some point the bears break through the support zone , and will create a sharp drop in price.
--- What is The Quick Update Series All About? ---
I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
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Multiple hints to short BCHSup, plenty of things suggest BCH would be a good short position for a quick profit in the matter of a few days.
H&S pattern suggest we are in the the 2nd and last shoulder with a profit pottential of arroudnd 12%
Fib retrace shows that the current price action is passing the 0.61 retrace, the last strong support.
Stoch shows the price about to fall below the overbought zone.
thoughts are welcomed
BCH ANALYSIS: LONG THE NEW SUPPORTBCH ANALYSIS:
BCH held the 200MA and flipped bullish as it broke above the previous resistance block. That same block is now outlined in green and is now flipped to the temporary support. Currently sitting on a 4HR green wick, it looks likely this spot will zone. The re-attempt at the hourly block is likely in which I expect another rejection to occur. Look for entry inside the zone just below 3500 sats down to 3450 sats. The take profit targets are T1 at 3545 sats, T2 at 3620 sats, and T3 at 3688 sats. Recommended to close full position before hourly resistance hit. If BCH does break ABOVE this zone, we can enter for a new long up.
Possible Entries: 3450-3500 sats
BCH support turned resistanceNot considering buying this until we get a weekly close above resistance
BCH/BTC, 1D. next price 0.042834btcHola Megagente, de manera rapida y sencilla lo que a mediano plazo considero que va apasar con el precio de este par, claramente muestra recuperacion y esta retomando el alza. ese punto maracado ha servido de soporte y resistencia asi que considero que al llegar ahi tendra un posible rebote hacia abajo. OJO puede pasar lo contrario, ya sabes como es esto... Exito para todos
Bitcoin Cash | Bullish View Mapped (87%, 150%, 250%+ Targets)Good Sunday my dear cryptocurrency trader, here we have for you the Bitcoin Cash (BCHBTC) daily chart.
Today I would like to share with you the bullish targets for Bitcoin Cash, meaning, the levels at which BCHBTC will find resistance on the way up.
On the 12-March BCHBTC had a very strong drop, but the candle that followed on the 13 produced even bigger jump with really high volume, signaling that this retrace reached it climax and Bitcoin Cash can change its trend.
Conditions for change
0.786 Fib. remains as the main support (0.030368).
We remain bullish on BCHBTC as long as prices remain trading above this level. If prices move below 0.030368 we turn bearish, the above signals become invalid and a new analysis is needed.
Thanks a lot for reading.
Namaste.
BCH could get rejected by this resistanceBCH is touching a major resistance. Chances are that the price goes down from there.
BCHBTC - 61.8% Fibo level reached with double Zig ZagDouble zigzag (WXY) Elliot correction happen on BCHBTC chart, we reached 61.8% Fibonacci level. Now we will climb the hill up. Long
BCH/BTC TA Update (Bullish Pattern Confirmed?)BCH/BTC
BCH broke bullish of this inverse H&S pattern and currently testing the old resistance to potentially turn into new support territory.
Bullish momentum cross of 26 EMA and 50MA on the 4H time-frame gives us to shift bias to the upside.
Now, BCH needs to hold this current price levels for at least 24-48H to keep this short-term uptrend intact.
A price drop close below 365 sats will invalidate this trade.
BCH 2 waysHello everyone. For now I think that correction has ended or practically near its end. Looks like a completed ZigZag, but on crypto often A=C, and here we have only 0.618 relation. So We can go up from current prices, bit if we will broke red line - im sure we will go to yellow one. Stay tuned.
