BCH preparing to rip and dipTitle says it all.
I think there is a bit more upside, up to perhaps 300$ level. I would rather be a short at this point than a long.
I will short at 225$ and add if we reach 300$ add to short again. Then I pray for a drop to around 160$ to GTFO (Goat The F Out).
Not a financial advice. This can fail like everything else :) play according to your risk tolerance :)
BCHUSD trade ideas
Flipt all my gov MKR tokens for $BCH coinsThe moment I've flipt all my MKR tokens for acutal coins ( CRYPTOCAP:BCH ) is the best thing I've done in 2023! The days of a 100$ CRYPTOCAP:BCH is OVER! A tons of actual usecase = demand, makes CRYPTOCAP:BCH equal as good then BTC in my opinion. My 1500$ investment became just 3700$, I'm not selling a dime! Bitcoincash just started a multi year bullrun...
BCHUSD Bitcoin Cash Sell Entry At the moment, BCHUSD is trading at $194, and its resistance is at $205. You can sell it from there if the H4 candle rejects. The take profit level would be its support level at $170, and the stop loss would be at $220. Currently, the Weekly RSI is also crossing the 70 level, which indicates an overbought zone, so it should come down. I hope we can make a good profit.
Not financial advice. Trading carries risks. Consult a professional advisor. Perform due diligence. No endorsement of specific strategies by OpenAI or its models.
Not Bitcoin... Bitcoin Cash is bearish until 2025Chart speaks for itself.
The early investors got out a long time ago and they are not coming back.
This crypto asset has a lot to prove if it ever recovers after the 25.00 crash.
Money flow in the markets for this crypto asset may seem bullish but its not.
Intermittent pump and dumps keep repeating.
The real Bitcoin asset is stable and produces more confidence in the market than
these copy cat assets trying to market a brand.
BCH Bitcoin Cash Institutional Buying Target Price 20K - 30K The beautiful Law of supply and demand. Financial Institutions are heavily involved in the crypto market now. Bitcoin Cash is only a limited supply just like his big brother BTC. The next face of accumulating BCH is taking place right now before the FOMO, expect a 20K - 30K TP for BCH
✴️ Bitcoin Cash | Highest Price In 1 Year (Bull-Market)Bitcoin Cash (BCHUSD) never went below its November 2022 low, just like Bitcoin, but unlike Bitcoin today it went ahead of the entire market.
We have the highest price since early June 2022, more than a year ago.
The RSI is off the chart and there is nothing more to look at but there will be additional growth.
The way we trade, the way we do it, is to join/buy BEFORE the breakout, BEFORE the bullish action starts.
When the action is ongoing it becomes too hard to predict the next move. We can tell that there will be additional growth but we cannot tell if tomorrow there will be a correction or in a weeks time.
Our trade signal for BCHUSD with leverage hit all the targets and now we have to move on to other pairs. See here .
This is part of the Name Your Altcoins series, we will continue with the next one.
You can find the next target mapped on the chart and support levels.
Namaste.
Bitcoin Cash: Volume, Price & TimeBCH/USD price action has more or less flatlined since July 2022. Bitcoin Cash has been very bearish overall, with extreme bullish impulses, over the course of its nearly 6-year (8/2017 - to date) price discovery history. It took 2 years from its December 2018 bottom till its December 2020 bottom for BCH/USD to go on a parabolic bull run. It took 3 1/2 years from December 2017, 4300 top till May 2021, 1642 top. If these patterns tend to repeat themselves, there may not be any BCH/USD parabolic bull run until May-December 2024, yet the time to accumulate may have started in December 2022.
On the 1-day chart, (FibMAI) Fibonacci Moving Averages Input indicator SMA89 crossed over SMA233 in March 2023 printing its first long signal since December 2020. On the 1-week chart, FibMAI indicator SMA5 crossed over SMA21 in February 2023 printing its first long signal under 300 since November 2020. On May 12th, 2021 BCH/USD topped out at 1642 and lost 95% of its value by November 10th, 2022 when it bottomed out at 87.
On the 1-day chart, (VF) VolumeFlow indicator 89 length Accumulation/Distribution bottomed out in January 2023. VF indicator 89 length has not crossed over 233 length Accum/Dist yet. On the 1-week chart, VF indicator 5 length Accum/Dist bottomed out in July 2023. VF indicator 5 length crossed over 21 length Accum/Dist in January 2023.
Here's a BCH/USD 1-day and 1-week, 2-split view chart. With the 1-day chart, (FibMAI) Fibonacci Moving Averages Input indicator SMA89 and SMA233. (VF) VolumeFlow indicator 89 length Accumulation/Distribution and 233 length Accumulation/Distribution. With the 1-week chart, (FibMAI) Fibonacci Moving Averages Input indicator SMA5 and SMA21. (VF) VolumeFlow indicator 5 length Accumulation/Distribution and 21 length Accumulation/Distribution. For visual purposes on the 1-day chart, I included FibSMA21, 34, 55, 89, 144 & 233. And on the 1-week chart, I included FibSMA5, 8, 13, 21, 34 & 55.
I'm posting this as a long because of the risk : reward ratio of the current price relative to BCH/USD price discovery history. Only time will tell.
Bitcoin CashLast Bull Run I picked this baby up at $85 and sold at $1200. Didnt catch the bottom nor the top but it was damn close. After all the news this last week and the institutional players having an in I would feel comfortable stating that this is close to this cycles bottom for BCH. Im not here for the comunities nor for a specific coin, im here for the $$.
BCH: Bullish TP 330+, Target 697 if possibleGOT my previous post blocked, so have to repost with 3 hour delay
BCH have been holding $100 very well.
BTC maybe King, but BCH could crypto cash.
If there is a micro 3 month bull run, i am looking that BCH may move up to 330 fairly due to new demand, but i fear, if mania then 697s otherwise it will fade out going into EOY
I am looking at these FIBS, and i am looking at the prices of said fibs.
I am basing my 100 of the max run of 2019, so if the moment is not matching that will take longer or shorter based on price and volume
cheers everyone.
I honestly, can't recall the last time i have done a TA, lol
Report is coming soon, at end of july i think, as i still involved in NFT projects ;p
**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you, and stay strong my fellow Crypto Punks!
_Ajion
BCH - Wyckoff Accumulation SchematicIt looks to me as if Bitcoin Cash has been following a perfect wyckoff accumulation schematic.
I am unsure if we have yet seen the Spring, or whether the recent long wick on June 10th was enough?
I would suggest we follow Path 1 or Path 2 as marked on the chart if we see the final phases of this accumulation.
This pattern would be invalidated if we see a loss of the support level at $87.17.
BCH RO UPDATEThis is the update for my previous view on BCH. Price managed to respect 150$ mark and also managed to liquidate its previous major low at 100$. But, because price couldn't close below 100, I believe now that as soon as BCH confirms that 93$ is now our next protected low, we can target buys towards 150 once again and now even towards 200$.
$BCHUSD - Bitcoin Cash Wyckoff AccumulationBitcoin cash completing signs of accumulation, with the spring coming in last night.
Now looking for signs of strength likely with in the next couple days/weeks
***Easily the best Wyckoff Study case we've seen in a while.***
PLEASE YOLO YOUR LIVE SAVINGS *at your own risk* - NOT FINANCIAL ADVICE
BCH UPDATE ROThis is the update for BCH. I strongly believe that BCH should liquidate lows from 108, BUT respect 105$. Once price does that, BCH should be ready to target 125$. Once price breaks above 125, it can finally target 150. But only if price breaks above 150$, we can finally say that BCH is bullish.
BCH MAJOR UPDATE ROThis is an important update for BCH. Price is still consolidating at the moment, but chances for BCH to break above 125$ are already increasing. It is important that BCH liquidates firstly those current lows below 100$, before even thinking of going back up, for a healthy new bullish leg.