BCHUSD.P trade ideas
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BCH went from 1600 to 600, this is a great buy opportunity, our best entry points are:
600
500
400
Take profit levels:
Short term: 800 and 1000
Mid term: 1600, 2000 and 2500
Long term: 4000 and 5000
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What do you think?
Good luck traders,
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
BCH we are going to follow BTCAnalysis: BCH looks stong we managed to clear the 700-780$ zone in order to continue the bullish momentum. I see 2 possible zones ahead that are need to be cleared in order to make another ATH. My target is to sell half of my positions around 1400$. Once we managed to get there I will update my view about the future market setup.
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BCH, With A Potential Finalization Of H-S-Formation Upcoming!Hi,
Welcome to this analysis about Bitcoin Cash, we are looking at the 45-minute timeframe perspectives. As Bitcoin Cash recently bounced in the structure and is somewhat holding the range I discovered a very interesting formation developing which is actually an inverse head-and-shoulder-formation with the left shoulder and the head already completed and now Bitcoin Cash is about to form the left shoulder in the structure, therefore, when Bitcoin Cash manages to bounce within the 100-EMA in red and the ascending-support in dashed-grey lying also in this structure this can be the sufficient origin of a breakout above the neckline which will complete the formation bullishly to the upside and will activate further continuations with the testing of resistances upper in the structure.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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Information provided is only educational and should not be used to take action in the market.