BCHBTC trade ideas
BCH long position 1000%BCH strongly undervalued coin, capitalization of BCH is huge, BCH use the same way like BTC you can buy a cup of coffee, foods, cars, whatever you want for BCH.
Also, the GRAYSCALE portfolio consists of BCH for 0.5 B USD.
And the cherry of the cake, the capitalization of BCH started grow from 10 B USD to 26B USD for several weeks ago.
All TPs on the chart!
Happy trading guys!
$BCH/BTC temporary flippening?This will probably make me unpopular with some people, but then again, I just look at the TA so here it goes...
BCH was basically in a downtrend since it's inception and is now undergoing and uptrend which if keeps on track could possibly lead BCH to ~1.1 BTC target which is given by the fibs.
This in turn would result in a so called "flippening" with BCH having higher marketcap then BTC.
While most people view this as impossible, I consider it a possibility, but with an important taught in mind; If the targets hit, BCH won't stay there for long, therefor the flippening would be temporary.
💡Don't miss the great buy opportunity in BCHBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0196).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BCHBTC is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 0.0236
TP2= @ 0.0265
TP3= @ 0.0298
TP4= @ 0.0326
TP5= @ 0.0340
SL= Break below S2
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💡Don't miss the great buy opportunity in BCHBTC
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0196).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BCHBTC is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 0.0236
TP2= @ 0.0265
TP3= @ 0.0298
TP4= @ 0.0326
TP5= @ 0.0340
SL= Break below S2
❤️ 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 / Crypto trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
BCH testing top of long term channelBCH has been in a long term downtrend against BTC for awhile now. This channel goes back to 2018. If BCH breaks out of here it could be the start of a reversal against BTC. The VPVR also happens to be where the value area meets the most common volume area(1 S.D.), so a breakout here with 2 days of closes inside the brighter section of the VPVR would be extremely bullish IMO. I would start loading up on BCH, but that's just me and not financial advice
BCH/BTC 165% pure profit and still expecting huge profit#BCH/BTC Profit Update:-
#BCH currently trading at 0.0215 BTC
And went upto 0.02240 BTC
It’s almost 165% profit from our bottom entry zone.
Now..?
Still BCH is bullish and I am expecting 0.04 BTC is my initial target.
Entry:- 0.0094 BTC ✅
TP1:- 0.0156 BTC ✅
TP2:- 0.020 BTC ✅
TP3:- 0.025 BTC pending
TPs :- Also pending
Hope you enjoying my one more huge profit call.
Please click like button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
Bitcoin Cash Bullish Continuation PatternHere we have a bullish continuation pattern on the daily BCHBTC (Bitcoin Cash) chart.
We just had a recent break above EMA10 followed by strong support confirmed.
If prices can stay above 0.01074 or EMA10, we are very likely to see a strong bullish move develop from the current price level.
If EMA10 breaks, we see lower prices and consolidation before the next move up.
Thanks a lot for your support.
Namaste.
Bitcoin Cash/Bitcoin (BCH/BTC) Cup and handle forming?BCH/BTC forming a cup and handle. I'm expecting a bit more consolidation around these levels and then some green candles on increasing volumes to push to 0.0184. We might pause around there, but I'm looking for continuation to the previous high around 0.0196.
TP1: 0.0184
TP2: 0.0196
- Sultan of Chart
BCHBTC to its ATHLong entry: 15775 sats
Take profit: 378242 sats
This is my personal opinion and this is not a financial advice! Good trading!
BCH descending triangle formingBitcoin cash had a great run last week but ultimately caved to the BTCUSD downward trend over the past few days. Although there have been a few recoveries here and there, BCHBTC instead looks to be forming a descending triangle rather than any positive trends over the next few days.
Confirmation is still needed, but if a triangle does form and breaks downward, it could take a recovery slightly longer before any positive trend occurs.
It looks like a trend to watch out for if you are one to keep an eye on BCH trends.