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3X Long Bitcoin Cash Token / USD Tether

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BCHBULLUSDT trade ideas

BCH buy setupThe price structure is bullish. A resistance range has been strongly broken, but we did not have a pullback on this range. It is expected that if a pullback is made at this level, the price will jump higher. I specified the targets on the chart. Closing a daily candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
BCH trade set upWeekly time frame After a 90% decline from its ATH, BINANCE:BCHUSDT evolved in a range market for a full year before exploding upward in June with astonishing volumes. There was a very bullish news which amplified the movement. Daily time frame Since then, prices are digesting this big movement in a triangle consolidation which could soon be over. We can take advantage of this set up to expose ourselves to an interesting risk reward ratio. Strategy Buying on a break of the 260$ resistance line. Objective 1: Top of the previous movement at 300$ (+15%) Objective 2: Next resistance, just before the triangle target at 390$ (+50%) Objective 3: Weekly close ATH at 1430$ (+450%) Invalidation Mental Stop: below the last triangle bottom at 220$ If prices retrace to this level we will wait for the daily closing price then set a Stop loss ¼ or Risk below the daily close price. Risk = Distance between Mental stop and entry point.
Long
by pollux3000
BCHUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and 160 Target zone: 400 - 500$ Cancellation of setup - consolidation under ~120 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 any questions and suggestions
Long
by trytofeelpositive
1
✴️ Bitcoin Cash To $4,300 But... Let's Start From The Beginning!I swear to Jesus that I totally forgot about Bitcoin Cash in the past few months... No, I didn't. It's been 245 days since the June 2023 price peak; and just like that, we are up to the next target in a matter of days. Let's go straight to the point. Current action is wave three and this wave is aiming at $875 or $1,052 as its peak. Then a retrace, wave four, and then the bull-market bull-run pushing prices toward $2,613 and most likely $4,174. Now, this would be based on the Elliot Wave bullish impulse sequence of five-up, yes this system is great but it is 100 years old. The earth doesn't vibrate as it did a century ago, instead of five waves we can see eight waves. I just want to say that my belief is that the All-Time High won't be $2,613 but rather $4,150+. I am thinking around $4,300 but that is only a rough estimate. I will have more information as the bull-market develop, we still have an entire year to wait before the bull-run. Pairs like Bitcoin Cash will move first, peak first, end first; why? Because it moved first. Knowing this, how will you maximize profits? I can you feel you rich. Great job. We will revisit this and other trade ideas in late 2024. I promise you, the results will be positive. Thanks a lot for your support. Namaste.
Long
by AlanSantana
2
#BCHUSDT (Watchlist) 2-2024#BCHUSDT Category: Cryptocurrency What it does: Aims to be a peer-to-peer electronic cash system for fast and micro-fee payments. Current Price: ~$241 USD (as of February 9, 2024) Market Cap: ~$4.5 billion Key Features: Larger block size compared to Bitcoin, allowing for more transactions per second. Faster transaction confirmation times. Lower transaction fees. Decentralized and permissionless network. Recent News: Ongoing debate about the future direction of the BCH network. Development of new features and improvements to the BCH protocol. Growing adoption by merchants and businesses. Add to your watchlist When we suggest adding a coin to your watchlist, it means it's forming a pattern or approaching a historical bottom, near or above a good support level, displaying increased trading volume, showing a reversal candle, in an accumulation stage, etc. However, we haven't seen any bullish reaction yet, so we recommend adding it to your watchlist until the right time for entry. Note: This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management. Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing. Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
Long
by HamadaMark
Bitcoin Cash price might rise above 265Hi everyone, Bitcoin Cash managed to stay above 200 price level and now trading above 200-220 support area. At the moment BCH is looking exteremely bullish and most likely it will touch lower boundary of 265-290 resistance area. At this point I see that BCH can trade within 265-290 area but don't think that it can rise higher than that. It also depends on if Bitcoin price manage to hold above 29k-30k levels. Overall Bitcoin Cash is looking very bullish and I don't expect significant downfall on it. Let's see how far Bitcoin Cash will manage to rise. Please, do not forget to boost this idea & share it with your friends; thanks.
by Real_CryptoRoy
11
BCH after 59% Profit on Our Last Trade. Here We Try Another One ## BCH Coin: Short Fundamentals, Recent News, and Disclaimer **Fundamentals:** * **Bitcoin Cash (BCH):** A peer-to-peer electronic cash system forked from Bitcoin in 2017. * **Market Cap:** ~$4.9 billion (as of Feb 23, 2024). * **Rank:** #21 on CoinGecko. * **Unique Features:** * **Larger block size:** Aims to increase transaction capacity compared to Bitcoin. * **Lower fees:** Faster transaction processing potentially leads to lower fees. * **Community focus:** Aims to be a more usable and scalable version of Bitcoin. **Recent News:** * **Feb 22, 2024:** BCH developer discusses potential integration with the Lightning Network for faster payments. * **Feb 14, 2024:** Bitcoin Cash receives upgrade improving smart contract functionality. * **Feb 8, 2024:** BCH adoption grows with new merchant integrations and ATMs. * **Feb 1, 2024:** BCH price surges briefly after positive comments from Elon Musk. **Disclaimer:** * This information is for educational purposes only and should not be considered financial advice. * Cryptocurrency investments are highly volatile and carry significant risks. * Do your own research before making any investment decisions. **Additional Notes:** * BCH price has been volatile recently, reflecting broader market trends. * The recent news items highlight BCH's focus on scalability, functionality, and adoption. * It's important to be aware of the risks involved in cryptocurrency investments before making any decisions. I hope this information is helpful! Please let me know if you have any other questions.
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by MoonTradingForecast
✴️ Headed Towards $555 | Bitcoin Cash Looks Very PromisingBitcoin Cash (BCHUSDT) looks very promising right now. The retrace after the major bullish breakout ending 30-June lasted only 48 days, until 17-August. After this retrace we have a bullish consolidation phase characterized by an ascending channel. This consolidation phase has been going for 132 days, very long by Cryptocurrency standards, more than four months long. In this phase we have higher highs and higher lows. The retrace was weak, no sellers showed up; Double bullish. 👉 Now that it is clear that Bitcoin Cash will continue higher, we have one target only around $555 (118% potential). Along the way, there can be a stop at $317 and $357. These are for the short-term. This bullish resumption is only starting today, but it looks good... Things can change if there is a rejection or prices reverse and close below support (orange). Namaste.
Long
by AlanSantana
4
BCH/USDT Could BCH Break the key resistance or will be rejected?💎BCH has recently demonstrated significant market dynamics, currently facing a key resistance area. 💎 A successful breakout above this resistance could lead to a significant upward movement, probability reaching our target area. 💎 However, if BCH fails to break this key resistance level, it may face rejection and retreat towards the demand area around $289. This retracement could serve as an opportunity to build new momentum. 💎 If BCH fails to bounce from the demand area and attempts to break the resistance again, it could indicate weakness. In such a scenario, there is a possibility of a breakdown, with BCH returning to test the support of the ascending channel, and potentially moving even lower.
by MyCryptoParadise
BCH/USDT Potential BCH Back test on the resistance of ascending!💎 BCH has recently exhibited significant market dynamics. Currently, BCH is in the process of climbing upward and is testing the resistance trendline of the ascending channel, which probability coincides with the Bearish OB and supply zone. 💎 If BCH fails to break above this resistance, the price may retreat to the support trendline area. Historically, BCH has often bounced back after touching the support trendline of the ascending channel. However, a breakdown below this support could signal a bearish trend reversal, potentially leading the price to the demand area in the range of $219 to $212. 💎 The demand area is a critical zone where a bounce is necessary to sustain the upward movement. A concerning scenario would unfold if BCH breached the demand area, confirming a downward trend with the price likely targeting lower support levels.
by MyCryptoParadise
1