bchUSDT Analysis - 23 OctoberHello Guys, Today's Analysis is on the bchUSDT Symbol in a 1H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
BCHBULLUSDT trade ideas
BCHUSDT TRADING IDEA ON H4 CHART Hey traders,
As I told you last day we all have to wait until start bull run. Until then can get short trade in each and every Crypto. They all are going again up to the support area.
Trade safe!
BCH/USDTBCH/USDT
A bullish pattern is seen in the daily time frame.
The only species that is visible is the upward divergence.
In the daily time frame, it is located in a downward channel and can increase in price up to the channel ceiling.
#BCHUSDT #BCH #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
BCHUSD ❕ broke up the downward channelTrading volumes have declined.
The RSI chart is in the bullish zone (4H, 1H and 30m TFs)
The price has fixed above the 50EMA (1H TF).
I expect a rebound in case the price fixes above the current resistance level.
BCHUSDT | LONG ABOVE RESISTANCEBCHUSDT has been trading near the horizontal resistance.
The price has been holding rising support.
The bulls need to break above the resistance.
While bears will be active below the resistance zone.
Manage your trades accordingly.
20917-2019 Copy Fractal for BCHLook at the similarities between the 2017-2019 cycle for Bitcoin Cash when its overlayed with the most recent cycle... Are we living in a simulation? Hmmm
BCHUSD ❕ bearish flagBitcoin Cash recently broke the upward trend line down.
BCH has sufficiently corrected on the declining volumes after the fall.
With the current move, the asset is forming a trend continuation pattern.
Price is testing 50EMA as resistance (1H TF)
I will expect the continuation of the fall after the price fixes under the support.
BCHusdt 12H Can break TrendLine?As we can see in the chart, a triangle pattern is formed, which becomes stronger if the support is lost, and otherwise, the price will increase with the break of the trend line.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
BCHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BCHUSDT
Here we see R2 and R1 as the resistance areas which express the disability of the price in order to rise. And S1 and S2 are the support areas that contain the support of price at several points. Presently, we have the price fluctuating over S1 and we predict a decline will happen for it down to S2 (as its past trend). Here we must wait for some confirmation candles and then we expect a rise is going to happen toward R1. If the price moves above this line, more increase is there for it. Note that it is suggested to activate the stop-loss points in order to have less risky trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BCH - AnalysisBCH continued its range trend during the last week. The price is still in the short-term ascending channel. In the 4-hour time frame for this currency, resistance is considered in the range of 120-122 dollars, which is expected to be accompanied by a reaction after hitting it. But since the short-term trend is upward, there is a possibility of breaking this resistance and moving towards the resistance of the ceiling of the ascending channel.
In this case, the second target is in the range of 127 to 132 dollars. But if the buyers fail to push the price above the $121 resistance area, there is a possibility of breaking the channel floor support and the $110 area support. The following supports that we can consider for this currency are in the range of 94 to 101 dollars. We can also consider a dynamic resistance on the chart, which is exactly in the resistance range of 120 to 121 dollars. Therefore, this resistance is the turning point for the continuation of the trend.
Bitcoin Cash - Red Alert!I posted a chart on Bitcoin Cash a few days ago, you can check it on my profile and follow me for further updates. Here I present the line chart with a bull pennant type structure on RSI (Relevant Strength Index) and a symmetrical triangle on the candlestick chart. Most people would have this triangular shape down as an inverse bullish pennant, signalling a continuation to the downside, however, I see a symmetrical triangle and these structures can be both bearish and bullish. Because of the RSI showing a bullish pennant, my thoughts are that RSI will go up, which in turn would mean price goes up. You can see XRP already leading the way in the altcoin market and generally XRP leads the altcoin market into a bull run. There is also a good chance Bitcoin has topped in this cycle, so it wouldn't suprise me to see some of the funds in bitcoin swap back over to bitcoin cash, which has not completed a full cycle yet.
Bitcoin Cash is good for long? SignalBitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity (big blocks). In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, Bitcoin Cash payments are sent directly from one person to another.
As a permissionless, decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank. Unlike traditional fiat money, Bitcoin Cash does not depend on monetary middlemen such as banks and payment processors. Transactions cannot be censored by governments or other centralized corporations. Similarly, funds cannot be seized or frozen — because financial third parties have no control over the Bitcoin Cash network.
Bitcoin Cash (BCH) is an alternative to the oldest and most traded cryptocurrency - Bitcoin (BTC), only the BCH network is much faster and cheaper. In 2017, BCH developers modified the BTC code, releasing their own version of the software and a full-fledged competitive product, which split Bitcoin into two blockchains: Bitcoin / Bitcoin Cash, and consecutively, two assets - BTC / BCH. Bitcoin Cash is a clear result of a hard fork in blockchain. Moreover, another hard fork, which divided Bitcoin Cash into two parts: Bitcoin ABC and Bitcoin SV, took place in the fall of 2018.
There are several distinctive features that separate BCH from the origin. The main one remains about the block size. Blocks in the BCH blockchain can be larger, which means that more transactions can be processed at a time, so that the additional space helps to avoid higher fees. However, since the potential block size is larger, storage & audit become more costly and users may find it troublesome to download a copy of the blockchain.
From the technical perspective, Bitcoin Cash is very similar to the Bitcoin algorithm, namely: both projects have a hard cap of 21 million coins, and also use Proof-of-Work (PoW) consensus framework and nodes to verify transactions. Thus, traders can consider BCH as a hedging tool, investing in which may save them some risk.
On the plus side, due to the larger block size, Bitcoin Cash (BCH) works faster and has lower transaction fees, which makes BCH a better option for small everyday transactions. Furthermore, Bitcoin Cash supports smart contracts and ecosystem apps like CashShuffle, a coin mixing protocol, and CashFusion, a privacy-enhancing solution for the Bitcoin Cash network. These technologies have their pros and cons: thanks to CashFusion, it becomes extremely difficult to trace the path to the user's assets, however one should bear in mind that commissions are charged for each mixing, so making frequent mixed transactions may have a cost.
Bitcoin Cash provides a platform for Peer-to-Peer (P2P) payments between individuals, with the average transfer fee being as low as $0.01, and the settlement is instant. This means that Bitcoin Cash is suitable for money transfers, international trade, everyday transactions and microtransactions. In addition, Bitcoin Cash supports economic freedoms by providing an alternative form of money, protected against confiscation, any other forms of censorship and devaluation (due to inflation).
Bitcoin Cash is a decentralized network where users influence the development of the protocol. One key attribute is fixed in the code: the maximum supply of BCH is capped at 21 million coins, which is likely to remain so.
Therefore, the key features of Bitcoin Cash include the following:
1- Transactions are recorded on the blockchain, the ledger is updated at regular intervals, which allows users to track the history of ownership and eliminate fraud threats promptly.
2- Bitcoin Cash is an open network that can be used by anyone for free and uncensored, identities are not attached to transactions.
3- Nodes that follow a set of rules (aka protocol) are responsible for the longevity of stored information. The protocol itself can be upgraded with the help of ecosystem participants, but that requires a high degree of consensus among them.
4- All transactions that have ever been recorded on the blockchain are not subject to change.
5- The Proof-of-Work (PoW) mechanism contributes to network security.
6- Bitcoin Cash is a hard asset with the maximum supply of 21 million $BCH.
7- Bitcoin Cash guarantees its users fast, affordable, and most importantly - reliable transactions without being tied to any location, which makes it a worthy replacement for existing payment networks.
Buy setup
Entry : 95 - 114.5
SL : 81.4
TP1: 118
TP2: 122
TP3: 127
TP4: 133
TP5: 140
TP6: 147
TP7: 155
TP8: 164
TP9: 174
TP10: 185
TP11: 200
TP12: 220
TP13: 250
TP14: 280
TP15: 320
TP16: 370
TP17: 435
TP18: 530
Spot and Future (1x, 2x, and 3x)
Run and enjoy it!
Follow me! Copy my trade! BingX
TradeSetup_Reza
BCHUSD ❕ broke up the downtrend lineTrading volumes are showing interest in the upside.
Buyers are taking the initiative by RSI (4H TF)
BCH tests 200MA as resistance (4H TF)
TD Sequential has formed a reversal signal down (30m TF)
I expect growth after the correction within the liquidity zone and fixation above its upper boundary.
Bitcoin Cash - The Lost Dinosaur I have recently been paying attention to bitcoin cash and in particular, the oldest chart I can find with all the data from previous bull runs etc. As shown, the weekly chart is showing a potential Elliot Wave structure with wave 1 being complete and wave 2 either complete or very close to being complete. IF this is a 2-wave structure within a broader 5 waves then wave 3 is next, which is the fastest, most aggressive wave of all the waves in the Elliot Wave theory. From a fib time span, bitcoin cash should start going up this week and into November.
BCHThe price moves in a descending triangle - usually a bearish pattern. Support and resistance levels and possible options for price movement are indicated.
a clear signal to go long on BCHUSDTthe overall trend is to the downside but before we continue the move to the downside, am predicting the market needs to retest my daily timeframe trendline the third time. after the break of structure on the 1hr timeframe the market pull back to my zone/ support, which is also the 61% fib level, so am looking to go LONG after the formation of that double bottom. stop loss : 116.5
BCHUSD ❕ downtrend lineVolatility continues to decline.
Price is trading near the downtrend line.
BCH and RSI have formed a bearish divergence (30m TF)
Price and trading volumes have formed a bearish divergence (30m TF)
I believe the asset may continue to decline if it holds in the liquidity zone.
BCHUSDT needs the liquidity!The price is trying to hold the daily support at 115$ area and the market is creating a falling wedge on it.
How to approach it?
The price could grab new liquidity from 97$ area, so if the price is going to lose the support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
BCH/USDT : Broken below the rising wedgeBINANCE:BCHUSDT BINANCE:BCHUSDTPERP
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$BCH is breaking below the rising wedge with the current candle, However, It's better to wait for a proper confirmation below the wedge before taking any action.
In terms of that, I'll be waiting for confirmation below the mark and take Short after it.
- Stop-Loss should be located above $123.5
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
BCH/USDTBCH/USDT
An ascending treasure pattern is formed.
I expect the price to fall to the indicated levels
The stop is marked in the picture.
#BCHUSDT #BCH #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
BCHUSDT | READY TO BREAK??BCHUSDT has broken above the wedge. The price is currently trading at 0.236 fib level. The same zone is confluence of fib level and horizontal resistance too. The bulls can break the confluence zone this time and can rally towards 0.328.
The bears are in control below the confluence zone.
Manage your trades accordingly
BCHUSD ❕ upward channelTD Sequential has formed a reversal signal upwards.
The BCH is above liquidity.
I believe that the asset may continue to rise if the price holds above the support level.
