BCH longStrategy: mini bucket
Implementation:
entry
0.38 lvl - 20%
0.5 lvl - 30%
0.618 lvl - 50%
take profit
1) next level
OR
2) -0.27/-0.18 lvl
BCHBULLUSDT trade ideas
✴️ Bitcoin Cash After The Crash | 100% BullishThe previous chart broke down completely, I left the same drawings untouched. We can see a rejection right on the day I published and now we see a candle holding at fib. support.
Yesterday's wick low stopped at EMA300/200 with very low volume, today's volume is higher... It is still early for sure.
For the bigger picture, we need to wait for the weekly close.
What we have now is a very strong higher low (17-August vs 10-June) and thus the chart/pair continues 100% bullish.
The low volume on the drop is quite telling.
Compare the high volume as prices move up late June with the current volume as the correction takes place.
The market drop because of the Bitcoin move but the bears have no strength.
The RSI being oversold is a major signal as this produces a bullish divergence. The divergence shows up before change takes place.
Even lower support levels can be tested but the bigger picture is up.
Higher highs and higher lows, long-term.
Namaste.
Bitcoin Cash broke 200 levelHi guys, let's review the current situation on Bitcoin Cash.
In my previous post I indicated that if Bitcoin falls under 28k then Bitcoin Cash drops under 200 level and that's what happened here. Bitcoin dropped up to 25k and Bitcoin Cash almost touched 160.
As it shown on the chart BCH almost touched upper bound of 160-145 support area and I think that now this area will play important role for Bitcoin Cash. I don't think that this level will be broken any time soon as I don't expect Bitcoin to break 25k support either. But probably BCH price now will be fluctuating between 160 and 200 prices.
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Will Bitcoin Cash Flip Bitcoin like the old daysRemember that time in 2017 when Bitcoin crashed and Bitcoin Cash went up? That would be nice if that happened again, regardless interesting chart which seems to be holding. There is a chance Bitcoin cash is making super-fast patterns and we are just starting wave 3 which would be crazy because wave 1 went up over 200%. If that were the case I'd expect 1.618 to be reached. Yet I am not so confident this will play out because there is a chance the move to the downside has not yet completed
Bch short ideasLooking for a push into 200 for a really good short. 228 would be 1st entry then 238 if it pushed that high in a nice volatile candle. Risky taking longs now but I would only like to do so under 150 in fact maybe lower.
BITCOIN CASH TO $400 !Bitcoin cash - coming down to this weekly swing point aligned perfectly with impulse VAL and ledge offers a nice trade, looking for a higher low based on current market structure.
BCHUSD ❕ under the channelThe asset has fallen under the channel and is now trading in the range formed by a wide descending candle.
Trading volumes showed growth on candles with long upper shadows.
RSI is moving in the sellers' zone.
It is important to watch the price reaction to the middle of the range and the lower boundary of the channel.
I believe that the asset will continue to decline.
BCH/USDT room for a "Free Fall"??Hey traders 👋
BCH coin is next on our watchlist with a good potential for free fall to happen! After price did a massive +200% push it has been going sideways for some time but yet not any correctional movements to lower zones....seems calm before the storm here so keeping both eyes opened here definitely!
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Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
simple topside balance grab the huge dump inc...very clearly quick grab of liquid of topside then massive dump. make money today !!!
BCH/USDT Potential Rejection And Continue Upward Movement Hello Paradisers, turn your attention to this token!
💎 BCH, also following BTC's sharp decline to $24k, has breached its demand zone.
💎Currently, BCH might rise to form a new leg before either continuing its descent or heading straight to the Bullish Order Block or untouched demand zone.
💎Typically, a fresh demand zone witnesses a strong bounce-back, given that it remains untapped. Such areas often house a significant number of buyers and accumulation activities.
BCH - What is next for Bitcoin Cash?Hi Everyone,
BCH is now coming back down to close the imbalance that had been left once it broke swing highs last year.
There is an order block sitting around 140, which should be the area to watch out for your buy limit orders.
I expect price to continue falling to that area and I will start opening buy positions once we see confirmations that the Order Block will hold.
Stop loss should be placed below the daily swing low, as the market could still drop further to the lower order block around 120.
$BCH, 180$ Next?NYSE:BCH
🤔 180$ next? If it starts falling here a 20% could be open for a trade
2D Sell signal from the UCTS as trigger.
Up big... Down bigWhy is this happening
BITSTAMP:BTCUSD pre halving year, expected downturn
BITSTAMP:BTCUSD breaking important trendline in log
BITSTAMP:ETHUSD getting crushed
VANTAGE:BTCETH Bearish patterns
COINBASE:BTCUSD 6 months straight up, summer lull incoming
CRYPTOCAP:TOTAL3 Doing Lower lows since beginning of year.
Bitcoin Cash just reached 200 price.Hi guys, let's review the current situation on Bitcoin Cash.
Bitcoin Cash just reached my main target at 200 price. This is lower bound of 220-200 support level. In my previous ideas I indicated that it's very likely that BCH will touch that level. It took some time but eventually Bitcoin Cash has reached 200 level.
Now there are view options how BCH price can behave at that level.
Option 1: Price can correct to 220-230 price and from there slowly drop back to 200 level.
Option 2: Price can consolidate at 200-220 price range and after some time drop under 200 level.
Option 3: If Bitcoin falls under 28k then BCH drops under 200 level.
I expect that there will be some correction up to 220 price and from there drop to 200 again. Let see how it goes.
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Bitcoin Cash: Can You See The Bearish Continuation?KUCOIN:BCHUSDT enjoyed some sort of bullish price action in the last few weeks, but it was not able to break out of the key resistance level on a higher timeframe.
Reason for recent pump: Bitcoin Cash's latest upgrade supports the deployment of smart contracts on the Bitcoin Cash blockchain.
Bulls have been trapped, and I look forward to making profits from the bearish continuation.
What are your thoughts about this analysis?
Feel free to let me know what you think in the comment box.
If my analysis makes sense to you, follow me now and support my idea.
I will update this chart when we hit our take profit levels
Cheers!
Bitcoin Cash just broke it local support at 235 price levelHi guys, let's review the current situation on Bitcoin Cash.
Bitcoin Cash just broke it local support at 235 price level and almost touched upper bound of 218-200 support area. As I indicated in my previous ideas I wait 200 price level after which there might be some correction phase. Before BCH will reach this level I don't expect any significant correction. Otherwise everything goes as expected and I think that very soon we'll see Bitcoin Cash at 200 price.
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Many thanks.
✴️ Bitcoin Cash Looks Better, Better; Moved First!The first data point to mind is that Bitcoin Cash moved first.
Yes, it bottomed just as the rest of the market before mid-June but the bullish wave that ensued was many times stronger than the rest of the Altcoins.
While Bitcoin Cash entered its bullish consolidation phase, many Altcoins followed and started to do the same (break bullish) but, not as strong as this pair.
Now, Bitcoin Cash is looking good again and almost ready to move up.
If it does, it gives us one of the greatest signal that the Altcoins market as a whole is ready to grow.
Bitcoin Cash Technical Analysis
We have a nice, classic, perfect falling wedge pattern already breaking bullish.
Just notice the volume! Can you see it? How low it goes after BCHUSDT peaked. This tells us that this is not a bearish move nor strong correction, rather bullish consolidation before additional growth.
Trading above all the moving averages we list (EMA10/21/50/100/200/300 & MA200).
MACD bullish, RSI and all the rest.
While things can change, another important data point is the fact that the bounce happened before hitting 0.5 Fib. (retracement). This means that the bulls are strong/bears are weak.
If bears were stronger the drop would wick below this or other Fib. retracement levels. The fact that it reverses before hitting the level is a signal of strength.
Now, will the correction become extended?
Are we set for many more weeks of consolidation?
I don't think so.
The market will go quiet until people are bored and gone.
I don't see anybody around and thus, it is time to go up!
This is my current view of the market and this chart.
This is not financial advice.
If you enjoy the content you can follow.
If you enjoy the content comment and I'll publish more.
Namaste.
🚨 Trade Update: BCH/USDT (3-5x)🚨 Trade Update: BCH/USDT (3-5x)
📈 Long Entry: 220 - 234.5
OTE (Optimal Trade Entry): 227
SL: 212.76
B/E Move: When it moves close to TP2
TPs:
Short Term: 238 - 242 - 246 - 250 - 255
Mid Term: 260 - 270 - 280 - 300 - 329
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®
BCHUSDT.P Long 4HAccording to our analysis, we see that the current price is at a clear reversal area, and we have a positive divergence on the 1-hour time frame, which confirms to us the temporary upward movement to close in the positive areas. Also, the harmonic PRZ target will be activated after closing above B.
BCH LONG h4 / BEST SIGNAL Hello dear traders,
This asset has attractive technical conditions for long trades, as breaking the downtrend line could lead to significant profits from this currency.
I have drawn a probable price movement pattern for you, so you can enter at a suitable point based on your trading style.
Wherever you are, I wish you the best of luck, and I would be happy to hear your opinion.
BCH UPDATE (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BCH symbol.
The green box target is still standing. We are looking for short transactions in the red box
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BCH: Potential Buying Zones Technical Analysis and Price ProjectTechnical Analysis and Price Projection for BCH: Potential Buying Zones
In light of recent developments, Bitcoin Cash (BCH) has experienced a rejection from its monthly support level at 247.9, and it is currently following a downward trend. Promising buying opportunities are anticipated to emerge around the 138.2 zone.
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