BCHUSD.P trade ideas
Bitcoin Cash Retracement LevelsSaint Kitts and Nevis may be adapting BTC as legal tender in 2023, but that won't prevent the asset from retracing first, which works to the advantage of the savvy crypto investor. I see BCH reaching possibly beyond the 2.618% Fibonacci retracement level in the short term as the markets reset during this bear winter. We may markup, but any markups above TRR most likely will not be sustained prior to the macro sell-offs.
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Not financial advice. Always DYOR and trade at your own risk.
The Bitcoin Cash bull runAre you ready for the bull run of Bitcoin Cash?
Long entry: 104 usd
Take profit: between 150k / 300k usd
This is my personal opinion and this is not a financial advice! Good trading!
BCHUSDRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision.
Thank you.
Good luck
BTC Step-brother may be bear market proofThe black sheep of the family, BCH, the forgotten child of the 2017 frenzy hard fork. Its actually an interesting project and already has a nice set-up of merchants in North Queensland and some places in the caribbean. I think this coupled with the fact it has enough supporters that believe it the project and are willing to buy the dips. I have to admit that the BCHBTC graph is quite ugly and may suggest that simply buying BTC is the best play but possibly buying BCHUSD inside the highlighted channel could see a nice return over the coming years. If you believe the tinfoil hat brigade on reddit then there is a chance that exchnages are causing a lot of selling pressure on BCH. Its also important to remember that BTC and the Bitcoin forks don't have CEO or angel investors looking for profit taking spots, so unlike a lot of crypto projects you wont get dumped on during a brutal bear market. As always i dont really have a clue and i'm just a dude who likes drawing lines on weekly charts. Not financial advice, so its not.
BCH-USDT Fofrecastingbch-usdt daily forcasting , we put the most important price levele and expected dirction
BCH 3 TOPS THAN HIT WALL PATTERN This pattern repeats all over crypto even backwards. The indicator at the bottom when the blue crosses over the green it’s bullish. Red line below 80 indicates BOTTOM IS IN!!!
breakout on BCHLooks like a breakout from falling wedge on BCH chart. November will most likely be a bullish month. can't say the same about christmas time. but we'll see.
BCHUSD (4H) - Bullish Wave LTFHi Traders
BCHUSD (4H Timeframe)
A med-high probability, entry signal to go LONG will be given with the upward break of 116.60 after the market found support at 113.50. Only the downward break of 113.50 would cancel the bullish scenario.
Trade details
Entry: 116.60
Stop loss: 113.50
Take profit 1: 125.00
Take profit 2: 131.50
Score: 7
Strategy: Bullish Wave LTF
BITCOIN CASH BCH ELLIOTT WAVE ANALYSIS WEEKLYBITCOIN CASH BCH ELLIOTT WAVE ANALYSIS WEEKLY based on E.W.P. (Elliott Wave Principle) and algorithmic Fibonacci ratios
BCHUSDT , 45 MINThe price broke through the important level 117.85. The priority option is growth in wave iii, which may stop at $124-126. Cancellation this scenario will be a breakdown of $ 108.12
BCASH DEAD CAT BOUNCE INCOMING THEN NEW SLOW BLEED LOWS TO $14BCASH really took a nosedive since its all time high around $4500 down almost 99%, and has yet to recover even slightly. The previous bull run where most coins went to new all time highs or at least close to their previous all time high, Bcash didnt even come close and any gains it had made in that last run was deleted in almost one single weekly candle, which proves that BCash investors cashed out of this at both tops. Only ones still holding now are small retail investors hoping to get rich or thinking that this coin actually has a future,it doesn't. BCash died a long time ago. Interest is dying in this coin, and the 51% attack it suffered a couple years ago really put a damper on this coin and the rally that followed during the latest bull run was lackluster to say the least. Indicators on the short term time frame are showing some bullishness but longer term indicators bi-weekly and monthly are still bearish and at best this next run BCash will make one more dead cat bounce before its slow bleed out over the next few years down to double and even single digit lows. Also the creator of this coin Roger Ver is a felon for one and his most recent actions involving Coinflex was a shltbag move to say the least. He literally almost bankrupt the company because he failed to cover his $45 million dollar margin call that he promised he would. Dumbass made a bad trade and now doesnt want to own up to it. The exchange needed to raise money from other investors to be able to continue its operations. There is currently a lawsuit against Ver for this. Hes a crook just like Do Kwon and BCash will suffer the same fate as Luna. Take profits or forever hold your peace! This is not trading or financial advice this is just my opinions and speculations.
BCH Looking Really Weak! Long Term Dead Cat Bounce!The BCH chart is looking really weak. Failed to even get to its prior high while much of the altcoin market has either reached or exceeded their prior all time high and are now forming supports for their next leg up. BCH has been a real laggard in this run and I feel like support is dropping and hodlers are selling by the looks of the chart. Don't wait for this coin to hit 1 dollar, just dump it and move on to the real thing or other better options. Good luck.
BCH MOONSHOT!! ITS CYCLE IS BEHINDBch will follow the last cycle of LTC, ETH, BTC. BCH is next in line on its cycle.
BCH= FREEDOM CURRENCY
BCH - 1st and 2nd TPs Have been Reached!!I have been short BCH from 138.50. This was a short-term trade just to pocket a few bucks. My targets were 111.00 (1st TP) and 107.00 (2nd TP) zone respectively. These two zones were successfully reached.
Check out my previous analysis in the RELATED IDEAS section below.
PRICE ACTION AND PATIENCE ARE KINGS!!!
Bitcoin Cash (BCHUSD): Consolidation & Indecision
Very peculiar situation on Bitcoin Cash:
the price is currently consolidating within a horizontal trading range.
122 - 125 is its resistance.
106 - 109 is its support.
To catch a bearish continuation, wait for a bearish breakout of the support of the range.
We need a daily candle close below that to confirm the breakout.
A bearish continuation will be expected to 97 level then.
To catch a bullish move, we need a daily candle close above the resistance of the range.
Then, a bullish continuation will be expected to 134.
Wait for a breakout and then follow the market.
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BCHUSD - Long Position - OversoldLooking at the chart of BCHUSD we can see an oversold condition on 4h timeframe which means a long position is possible.
Following the Bollinger Bands and the RSI 14 we can see the price has touched the lower band and the RSI has been below 30.
The aim is to take profit at the resistance line shown in the chart.
All further details are shown on the chart.
Goodluck!
crypto usually dips 7-10pm est patternI'm not sure what the reasoning is behind this, but I noticed a pattern that crypto usually dips 7-10pm est. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. This is for educational and entertainment purposes only. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
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7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
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Big organized desk
Reading books, playing chess
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Alternative BCH (Bitcoin Cash) TheoryThis is my alternative bitcoin cash idea. Break the lows on the market cap and price before starting anew cycle.
bchusd longits good after consulidation and after break the consulidation it will go up .
i hope this will happen .
BITCOIN CASH WARNING BULL🔥🔥🔥I bought bitcoin cash. The reason is that the price is very cheap and it is worth my purchase. The price of this asset is very low now and we are facing an upswing that will give good returns in the future
