One day analysis of BCHUSDTThe price approaches the lower band of the uptrend now and we can spot fairly buy power on the I hour chart. Though better to wait and see if the 4-hour chart candle can close above it.
BCHBULLUSDT trade ideas
One day analysis of BCHUSDTBlitz Bull: both long-term and short-term charts show we are in the uptrend. So inevitably the market will need to overcome the previous double top thus leading a stable raise.
Blitz Bear: Since the 20th Jan's free fall now the rebound has gain back 2/3 in the peak time. If we fail to break 343 to the higher price then its likely a new round of downtrend will start.
BCHUSDT Analysis (perspective a couple of months)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 350 - 450 - 550
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
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BCHUSDT Market AnalysisBuyers encountered pressure again in the previous high and this time the selling pressure seems to have worn up a bit. In this case, Our solid support and Upper-pressure level have narrowed the waving area Better to wait and see the market's choice of breaking direction
BCHUSDT Market AnalysisBlitz Bull: With the lower timeframe started entering an oversold zone, the market has cooled down for the downtrend, more importantly, the previous support is still solid so it’s likely we’ll have a reversal.
Blitz Bear: Since the double top, we have formed a lower high thus the next step would be breaking the previous low and creating a lower low.
BCH- Trend update (LONG)Hello trading friends,
This is a daily update for BCH with the trend expected for a long.
BCH looks slowly coming back into trend. and the question is this the bottom?
We know BCH as a coin that gets traded by the Asia market as most. - and it has its own long-term holders, where the dollar cost average places on it.
It's always good to wait for confirmations and to buy into the red.
Interesting levels for uptrend are 400 USD, and for long term 500 USD +.
Let's see how this coin will affect the coming time, and or BCH bottom is here.
Most of the coins waiting for BTC - so it's important also to follow BTC trends - and price changes take also time.
At all times manage your risk well and have a great day.
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This is not a trading call.
BchHello dear traders
Entry:326_328
Stop:323
Tp:347
This is my personal strategy and you base your stop on your capital management and strategy.
Please write your comments to get a good view.
Good luck
BItcoin Cash Midterm Analysis📊 BCHUSDT (Bitcoin Cash )
💹 Time Frame: Daily (Update)
➖➖➖➖➖➖➖➖
🟡 BCH is now trading near the S/R area of 350$. BCH has already broken the trend line and holding it well. You can build your position in BCH near the 370$ _ 400$ area but . The first resistance is $620 area
and the major resistance is $700-$720 area. The next good support is 260$_ 300$ area.
⚠ Use proper stops in trades as the market may become Volatilein the coming days.
💎 This analysis will be updated
Amir Hossein
📅 02.11.2022
⚠️ (DYOR)
BCHUSDT 4H: Possible LONGBCHUSDT 4H: Possible LONG
The price bounced back from the level of 315 on the 4H chart. A potential price increase to 420 is indicated by this signal.
Bch long swing | BCHUSDT | LONG @ 334 - 338 | TP @ 340, 344, 348, 352, 356 | SL @ 304 | PATTERN = TRIPLE TOP BREAKOUT | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
BCHUSDT Market AnalysisFrom the 4 hours chart we do found a valid double top, also there's a divergence after getting a red candle. Looking on the RSI, our first top was in the overbought scenario and our divergence does exists, with that being the case, as you can see market crashed after getting that double top at a major level of resistance. Also we need to find next potential level that could be a buy points where we can use the contrast of double top which is double bottom pattern. Now we are expecting the price heading back to 270 while with some small swings in the middle when forming that.
BCH/USDTBCH/USDT Binance 1h Chart Reached the resistance line ,
If Resistance Break Next Resistance Available,
If not Break Then Next Support Line Available,
BCH/USDTBHC Break the last Resistance and close to next Resistance
If Resistance Break follow Long
If Resistance Not Break Follow Short
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One day analysis of BCHUSDTThe price is marching up again and it's highly like to break the previous swing high in order to keep the uptrend. On 15mins timeframe we saw a temporarily double top and now it has been broken. All we are waiting for is a double top on 4 hours chart and this could indicate another move up in the next few hours
One day analysis of BCHUSDTBlitz Bull: As long as the price didn't break down the previous swing low, we are still under an uptrend, and this support level is valid. What we are expecting now is it will head to our next resistance which would be nearly the previous swing high.
Blitz Bear: Price will keep retreating and eventually test the next support level where before has been a high-value area. then it'd likely encounter the drastic buy power.
BCHUSDT Market AnalysisBlitz Bear: We need to confirm if the price failed to make new higher highs, that is, there's not enough buying pressure for the price to continue higher in this uptrend. Secondly, We are looking for the price making higher highs, while RSI to be making lower highs, In this divergence situation, it is an indication for reversal in price and we are expecting a double top scenario to help to confirm. To verify the possible double top pattern, a candle needs to test the previous swing high again( white box area), the wick or the body of the candle can be inside the box but the body cannot exceed the white box, then selling to go short.
Blitz Bull: It's quite normal that the market needs a pause from the rally up and the price will keep soaring to the next resistance level roughly 384 after the pullback. Or it could start a new consolidation area between support 316 and the current swing high.
BCH is below the MA20 brick Resistance After the breakdown of the support line in the weekly timeframe, BCH is below the MA20 brick Resistance in Renko chart. If it breaks up, it can be considered as an early signal about the possibility of an upward trend in the future. Confirmation of this will depend on the breakup of the moving average of 40 bricks.
One day analysis of BCHUSDTSeems like it has created a reversal to uptrend and we are expecting a pullback to form a higher low. Still has a little space for a rally up in order to test the next resistant level
BCH 30 minutes time frame shows sharp bullish wave in a bearish channel. Therefore yet there is no reversal signal or pattern traders should wait for fate of market.
Bitcoin CashHello traders. I expect the price to fall to the bottom of the bearish channel and reach $ 130. Be profitable
