BCHBTC trade ideas
Time to seek for oportunity. Choice from big 4 - BCH !Hi. There is nice looking chart. I see an oportunity with BCH/BTC pair, I am analyzing this through the market with the highest volume. We can also equate this view with BCH/USD, in case of sudden pump there will be similar reaction on charts.
Of course,We can specify lower supports,one of them could be near 0.118. Manage stop loss right below 0.148. Breakout through resistance will confirm bullish reversal.
MACD is on long side, but remember that this is just an idea.
BCH (BCHBTC) - Bearish TrendBCHBTC is in Negative trend for some time and all trend lines and indicators suggest this bearish trend to continue for some more time. It broke the key support level last week and going down on the channel. Until it breaks the resistance level between 0.15 to 0.16 BTC this week, the present course of price movement to continue for some more time.
Bitcoin Cash about to breakout towards new heights ?Technical analysis shows BCH/BTC about to breakout from a wedge.
The direction in which the movement will go is not totally clear, but combined to fundamental analysis we could guess a breakout towards long view.
I think we could see the pair approaching 0.3 BCH/BTC within the coming weeks.
--> Long opportunity with the following level to take profit : 0.199, 0.248 & 0.298
However, as their is a risk that break out goes also in the other direction I would strongly advise to add a stop loss around 0.135
This only reflects my own view and is not an investing advice.
Keep an eye open for corridor of BCH
I see a bounce inside the corridor for BCH
Tho watch out for a break below this corridor and previous minimum
I have set my stop-loss some satoshis under the corridor limit - 0,16
Assuming that if it breaks from this limit, only 0,1390 is the next clear resistance
2018 Year of Goblin CashHi All!
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FA:
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Bitcoin price is dropping, the strong Bull trend is at best on hold. Teams at the top strong coins are working hard to use this to their advantage and secure their spot on Palm Beach.
Goblins are buying Bitcoin Cash (soon Goblin Cash).
TA in the chart
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BCH - Bollinger Band Squeeze Setup FormingBITSTAMP:BCHBTC may be forming a bollinger band squeeze setup
As you can see on the chart, the bands are narrowing and the bandwith is low
We want to see the price shoot through the upper band for a long posisition
But ideally, we want to confirm the long position by also breaking vertical support
Let's keep our eyes open on this one!
Let me know what you think.
Buy signalsENGLISH:
We have several bullish signals.
To begin with, the EMA200 resistance has been broken, so bitcoincash is once again in an uptrend.
At this precise moment it is in a dynamic triangle that has already played 3 times with 2 other approaches. Now we have the dynamic support EMA200, so the break of the triangle is closer.
We can also think that it will break the triangle to the upside because the RSI comes from giving an upward signal when crossing the line of the value 40 and because there has been the crossing of lines upwards of the MACD.
In the graph we can not appreciate it, but the PARABOLIC SAR indicator also shows an upward trend.
Another detail to keep in mind, is that a dynamic triangle has been broken in the Bitcoincash chart against Tether USD in the time interval of a day, at this time you can see a pullback, which will take the currency upwards.
After analyzing all these factors, I can almost assure that Bitcoin Cash is about to give a good raise.
- First objective: 0.184
- Second objective: 0.24
- Third objective (medium term): 0.33
Pay attention to the large number of sales orders that are in 0.25, this can delay the arrival of the third objective and stop the rise momentarily.
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ESPAÑOL:
Tenemos varias señales alcistas.
Para empezar, se ha roto la resistencia EMA200, por lo cual, bitcoincash vuelve a estar en tendencia alcista.
En este preciso momento está en un triángulo dinámico que ya a tocado 3 veces con otras 2 aproximaciones. Ahora tenemos el soporte dinámico EMA200, por lo cual, la rotura del triángulo está más cerca.
También podemos pensar que romperá el triángulo al alza porque el RSI viene de dar una señal al alza al atravezar la linea del valor 40 y porque se ha dado el cruce de lineas al alza del MACD.
En la gráfica no podemos apreciarlo, pero el indicador PARABOLIC SAR también nos muestra una tendencia alcista.
Otro detalle a tener en cuenta, es que se ha roto un triángulo dinámico en la gráfica de Bitcoincash contra Tether USD en el intervalo de tiempo de un día, en este momento se puede apreciar un pullback, lo cual llevará a la moneda al alza.
Después de analizar todas estos factores, puedo casi asegurar que Bitcoin Cash está por dar una buena subida.
- Primer objetivo: 0.184
- Segundo objetivo: 0.24
- Tercer objetivo (mediano plazo): 0.33
Prestar atención a la gran cantidad de órdenes de venta que hay en 0.25, esto puede retrasar la llegada del tercer objetivo y detener la subida momentáneamente.
