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3X Long Bitcoin Cash Token / USD Tether

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BCHBULLUSDT trade ideas

One day analysis of BCHUSDTThere's a downtrend triangle that appeared after the dump, and now the price has breakthrough to the upside. Since the previous support now has become the resistance we believe the next target would be around 440. But more likely the bears wouldn't give this chance to the bulls so 436 is likely to be a potential sell point for a short-period position. We can also spot there's an uptrend band that has been holding the price have a high low since yesterday. The waving range will become narrower and narrower between the resistance of upside and this uptrend line. Thus we can see which direction the market chooses to go. Buy 423/ sell 436 / stop-loss 417
by Blitz_analysis
BCH at Bottom of Trading Range / Buy Low Sell High / DailyThe big picture of Bitcoin Cash is trading range phase. Best strategy in range markets is to buy low and sell high. Now we are near the bottom of daily trading range, and also bottom of bear broad channel ( 3nd pushed down ). So cheap price to buy currently. As long as we are above the daily bull trendline + Support Zone ( $405-$445 ), you can buy. Below this prices market will be bearish. Targets after breaking the bear dynamic trendline: 1) Touching the bear trendline ( Top of Channel ) 2) Resistance Zone ( $749-$773 ) Breaking this resistance and consolidate above this zone, then higher prices will be expected. **This is not an investment advice. Your capital might be at risk.** Give me your idea on comments... Good Luck...
Long
by AmirSoraya
BCHUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 700-800-900 after first target reached move ur stop to breakeven stop: under 460 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions.
Long
by trytofeelpositive
Loading #BitcoinCash #BCH It's a blood bath where everything is for sale. BCH didn't make a new ATH yet this cycle. Let's go fundamental first: 1) BCH has smart contract developed by an independent team 2) It is disliked due to its founder and being BTC fork, yet it continues to thrive behind the scenes among its loyalists. As for the technical aspect: 1) BCH has very high growing LONGS on BitFinex since the summer, and still so after this week's dip. 2) BCH continues to hover above its support drawn from Sep 2020 on the weekly chart. 3) BCH maintains the 40 RSI level on the daily, which is considered an untimely Long position entry in a bull run. 4) BCH is below the 0.236 Fib R level indicating an undervalued asset for accumulation 5) As per Ichimoku Cloud , BCH needs to close a daily candle above $640 for a leveraged long position. If and only if, my mid term target is $2400.
Long
by eBlockChain
2
BCHUSDT UPDATEBCHUSDT since the recent market correction, is once again testing a historically strong level of demand for this market. We can see price is already starting to reject this zone with a possible double bottom forming on the 4hr TF. On the daily we have a M formation in which we expect the market to complete the pattern at the neckline giving us our first upside target, if price then manages to break above the neckline resistance our second target will be the next level of daily supply. We could first see a final sweep of liquidity below the support to hunt stops, we will be waiting on lower timeframes for entry rules to be satisfied first before we can look for a valid entry.
Long
by ITSCRYPTO1
1
#BCH BCHUSDT the sleeping dinosaur #BitcoinCashAnother sleeping giant is Bitcoin Cash here. Let's go fundamental first: 1) BCH has smart contract developed by an independent team 2) It is disliked due to its founder and being BTC fork, yet it continues to thrive behind the scenes among its loyalists. As for the technical aspect: 1) BCH has very high growing LONGS on BitFinex since the summer. 2) BCH continues to hover above its support drawn from Sep 2020 on the weekly chart. 3) BCH maintains the 40 RSI level on the daily, which is considered an untimely Long position entry in a bull run. 4) BCH is below the 0.236 Fib R level indicating an undervalued asset for accumulation 5) As per Ichimoku Cloud, BCH needs to close a daily candle above $640 for a leveraged long position. If and only if, the first target would be $840. However FIB R levels indicate far much higher targets on a longer term. PS This analysis is provided as per the request of one of my followers. I hope you found the answers, you were seeking.
Long
by eBlockChain
5