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BCHBTC trade ideas

BCHBTC LONG TERM ANALYSYSBCH trapped in a triangle since its inception, RSI shows its trying to get out of the triangle in a month or two. We have to keep in mind that BCH doesn't have any value, its price movement almost entirely depend on BTC. When it broke out of triangle in December 2018 a narrow channel started(showed in dark lines), a possible move can lead to test the wall of triangle around 543. it will definitely fail and drop to the bottom support Week support : 405 Strong support : 334 These week and strong support levels will decide shape of the narrow channel. it will bounce from these support levels. Refer my another short term analysis idea here Join telegram channel : t.me
Short
by athishhy
BCH - Again SHORT?BCH just broke through the support at ±0,0518 and now going to retest the resistance at 0,0518 - 0,0525 . The price is located below the MA 200 (4H chart) which is a strong resistance too. Stoch RSI is very close to the overbought zone, no convergence on RSI . Summarizing all facts , we can conclude that there are almost no reasons for a growth, while the whole market and especially altcoins are falling. At the moment we have a good chance to open a SHORT position on BCH for a good price. If you like this idea, do not forget to put Like and subscribe to the profile, so as not to miss the update.
Short
by BillCharison
BCH/BTC break out trade (short term)I've notice people either like bch or hate it as a coin. I don't have any preferences to be honest. But I've done some nice trades in the past so I guess I like it. And it learned me some costly lessons as well. After very encouraging run this week I was expecting pull back or some longer period of consolidation. I like the expression Sideway fuckery. After seeing this break out of smaller triangle with decent volume I decided to go for a ride. EDIT: Looking at Volume again - it doesn't look good on this chart but it depends on time frame and exchange. I expect some pull back now with possible retest of triangle. But it can also go back for a few more days or a week for some more sideway action and stop loss will get hit. Almost 4% stop loss is much more than I like. I might go for tighter. But reward is big enough that we are getting 10:1 on this trade anyway. I won't be surprised if this stop will be hit and it might break out later . But anyway - I can always reopen a trade when new opportunity arises. ____________________________________________________________________________________ If you've found something interesting here you can like this idea or smash the follow button! Other ways to support my work - if you choose to: --> Sign up on Binance with my Referral Link: www.binance.com --> Sign up on BitMEX and get 10% discount on all fees for 6 months after you sign up using this Affiliate Link: www.bitmex.com The supporters will get all the help you need to learn how to use different trading platforms AND understand risk management in trading via Private Messages, Discord, Skype... Never alow your position to be liquidated when trading on BitMEX. You will pay extra fees. Use stop loss. Always use Stop Limit and not Stop Market! You can also choose to make a donation on one of my addresses: BTC: 12qe5buhPQTAEnqmMYBNafymePd9BAgqJT ETH: 0x134c60f13c48fe1ea48b10f980a2c68070f1bf82 LTC: LTuRNgXDU2ojj7DseX4GRhQcFyJzXo82mn Never trade with more money that you can afford to lose. This is the golden rule. The bigger picture
Long
by Metiu
1
BCH/BTC adam and eve trend reversal. Whats next? find outlooks beautiful... wanna know what else is beautiful? my telegram channel. go ahead and look at the blue text on the chart. type that into google and join me. thank me later. now, bch has a HUGE trend reversal and its made some sick gains already. My last call went BEAUTIFULLY! we can see it has more of the gap to fill but for now we hit some decent resistance. so we may go down for now. consoildate a little and come back up with more strength to push through. This is the bottom. This pattern has been playing out in a lot of coins. even BTC has this. XRP/USD has it too and hasnt spiked up yet. so im looking to long TF out of it. I would suggest to wait this out a little and see what happens. I think were gunna have a pullback into the weekend . Good luck and follow my telegram!
by Cryptosuf
BCH/BTC - ready to pump (updated)BCH/BTC looks like it has great potential to pump up to the target. I didn't like where the top of the fib channel was originally set, this makes much more sense to me. Target: 0.0540 Bitmex Target: 0.0550 Blue triangle indicates the current range. Green box is buy. Red box is sell. Blue line indicates major resistance. Yellow line indicates t/p. This is a log chart. This is not financial advice. All charts shown on my page, including this one, are just for fun. If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
Long
by Halams
BCH/BTC - ready to pumpBCH/BTC looks like it has great potential to pump up to the target. Target: 0.0458 Bitmex Target: 0.0468 Blue triangle indicates the current range. Green box is buy. Red box is sell. Blue line indicates major resistance. Yellow line indicates t/p. This is a log chart. This is not financial advice. All charts shown on my page, including this one, are just for fun. If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
Long
by Halams