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BCHUSD trade ideas

BCHUSD - 30% Jump Incoming After Breaking Descending TrendBCHUSD has recently received a buy signal from Crypto Tipster v2 after bouncing off recent support on the underside. This suggests that the cryptocurrency may be entering a bullish market and could see a significant increase in value. The question now is whether BCHUSD will be able to break through a descending trend line to reach 30% in profit after a year and a half of a generally downward trend. *** If you enjoyed or agree with this idea - drop us a comment, like & follow! :) ***
KRAKEN:BCHUSDLong
by theCrypster
6
Bitcoin Cash levelsBitcoin Cash levels on the 1-day chart: In my opinion BCH is the highest upside probability and lowest downside risk crypto asset at the $99 level. Plus, it's future utility is undervalued considering it has the same rareness of 21M tokens, much lower transaction fees than BTC, with much faster transaction times. It has a 6 year price discovery history that brings it near its all time low currently. Furthermore, BCH supports smart contracts. I think it makes sense to HODL for 2023 and add more on dips now. No sense selling BCH at these levels imo. The biggest downside is it could take a long time for BCH to get out of a sideways range. SMA200 = $115 VWMA13 Bollinger-Bands.Multi_Choice: top = $107.54 R3 = $105.61 R2 = $103.67 R1 = $101.74 pivot = $99.80 S1 = $97.86 S2 = $95.93 S3 = $93.99 bottom = $92.06 Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. 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 Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum BBMC - bollinger bands TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
COINBASE:BCHUSDLong
by Options360
2
BCH/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this BCH/USDT 1DAY chart update. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin cash (BCH) raced to a one-week high on Wednesday, despite cryptocurrency markets mostly trading lower. Following a low of $103.09 on Tuesday, BCH/USD surged to an intraday peak of $109.09 earlier in today’s session. The move saw BCH hit its highest point since November 8, when the token was trading close to a high of $120.00. As can be seen from the chart above, today’s high saw bitcoin cash move closer to a key resistance level of $110.00. The 14-day relative strength index (RSI) also rose higher, with the index breaking out of a ceiling of its own. Currently, the index is tracking at 46.52, which is above the aforementioned ceiling of 45.00. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BCHUSD
by CryptoSanders9563