BCH/USD Mid-term work in the channel.A channel has formed in the main trend. Here I have shown potential medium-term work from trend and support/resistance levels. It is also worth noting that a cup may form.
BCH / USD Main trend. Channel. 1 week.
BCHUSD trade ideas
BCH / USD Main trend. Channel. 1 week.Main trend. Term 1 week. From the breakdown of the big triangle, the pumping is more + 500% Rollback. As a result, a channel was formed. Work in it. The potential is very significant.
Under the idea, I consolidated my ideas of working on this coin over the past year, both medium-term and local in nature.
BCH/USD Mid-term work in the channel.
BCH overall mega count and what to expect nextIn my opinion, the whole count seems reasonable if we assume that the 4th wave is already finished and we're on the way to complete the 5th wave. It goes in line with the idea that BTC is currently printing the 4th wave as a triangle.
BCH Testing Back Into A Range before Potential Takeoff to $550BCH has Broken free from a Daily Range and is now testing the old Resistance of said Range with the 55 Day EMA and SMA backing it up and if things go smoothly we should see this rise back up to the next zone of major Resistance at $550
BITCOIN CASH U.S DOLLAR BEST PRICETHE HISTORY OF BITCOIN CASH
In October 2008, Satoshi Nakamoto published the famous whitepaper entitled “Bitcoin: A Peer to Peer Electronic Cash System”. In 2009, he released the first bitcoin software that powered the network, and it operated smoothly for several years with low fees, and fast, reliable transactions.
Unfortunately, from 2016 to 2017, Bitcoin became increasingly unreliable and expensive. This was because the community could not reach consensus on increasing the network capacity. Some of the developers did not understand and agree with Satoshi’s plan. Instead, they preferred Bitcoin become a settlement layer.
By 2017, Bitcoin dominance had plummeted from 95% to as low as 40% as a direct result of the usability problems. Fortunately, a large portion of the Bitcoin community, including developers, investors, users, and businesses, still believed in the original vision of Bitcoin -- a low fee, peer to peer electronic cash system that could be used by all the people of the world.
On August 1st, 2017, we took the logical step of increasing the maximum block size, and Bitcoin Cash was born. Anyone who held Bitcoin at that time (block 478558) became an owner of Bitcoin Cash (BCH). The network now supports up to 32MB blocks with ongoing research to allow massive future increases.
BCH Bitcoin Cash: 1D & 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1D and 1M linear scale chart for Bitcoin Cash (BCHUSD).
See the Bitcoin Cash price on the 1M (left chart) and 1D (right chart). On the 1D chart there is a ascending triangle bull flag forming with the measured move around the 0.50 Fibonacci Retracement area (on 1M chart). 200 SMA, RSI, and Ichimoku Cloud are included in the analysis.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BCHUSD Long Trade Idea No. 002BCHUSD
Trading Plan
Spot Trade
Buy on Triangle Retest (360- 370)
TP 1 - 405
TP 2 - 428
TP 3 - 450
SL - Below 360
Grabbed my attentionBCH is getting out from the brief bullish consolidation. If the bids keep coming then it has big potential to resume the uptrend strongly. Near term target $480.
BCH hitting resistanceBCH has been under consolidation for the past year. The price will need to break through resistance if the current uptrend is to continue.
Fundamentally,
I think BCH has a future because many institutions with large computing power will profit from becoming a node.
Bitcoin Cash (BCHUSD): Potential Buying Opportunity Explained
Multiple time frame analysis on Bitcoin Cash.
Price action / key levels / structure.
Potential long trade explained.
❤️Please, support this idea with like and comment!❤️
Dave Receives $500 Million Investment from FTX VenturesThe Nasdaq-listed company, Dave has confirmed recently that it has secured an investment worth $500 million from FTX Ventures, a $2 billion venture fund. Through the strategic partnership between West Realm Shires Services, the owner and operator of FTX US and Dave, the companies are planning to accelerate the expansion of the global crypto ecosystem.
BCH big opportunity: BULL world BCH big UPDATE:
HIT HOLY GRAIL LEVEL TWICE on 24th Jan 2022 and 24th Feb 2022.
PI CYCLE BOTTOM GOT PRINTED on 18th March 2022.
Bitcoin Cash 1W: Long-Term Bullish Scenario (+872% Potential)👋 Hello and welcome traders to another trade idea with SunnyHillCapital
☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅
💡 Why should you follow our profile on TradingView?
Consistent chart updates
Clean charts
Short and long-term perspectives
Visually teaches you valuable lessons
High probability setups
Analysis on a wide range of major markets
SMASH that follow button! 👍
💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you!
Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Thank you for reading,
Cheers to many pips! 🤝
Bullish on BCHUSDTBCH USD is forming higher lows
Support already tested. Now is tested the new trendline. The current candlestick seems to form a Doji. I would wait for the candle to close and if it's a doji I would enter in BUY
Don't forget to set a TP&SL.
Good luck!
$BCH long setupBitcoin Cash made a double bottom at $260 looks ready to make a move up
$BCH
Long @ $310
Target @ $500
Stop loss @ $260
Bitcoin cash my thoughts only Hi bitcoin cash on the weekly makes me think of bitcoin when was about at the bottom and broke its 3 year pattern and 3x its all time high and I do like that cash fusion idea what's your thoughts
BCH AnalysisBCH Analysis reviews the trend and projection.
This chart is for review purposes only and show not be taken as financial advice.
Bitcoin Cash - Time to wake upIts time Bitcoin Cash steals the show from Bitcoin like in 2017. Look at this prolonged cup and handle formation which has a target of $10-20k per BCH
BCH/USDT SHORT I wait for price to break channel and wait it for second time to break new lower low , and yeah he do it so we entre in short position.
good luck
BCH Trying to Bounce BackBitcoin Cash is struggling along with the rest of the market, as Bitcoin (BTC) also experienced a sharp drop yesterday. That top crypto coin is on the road to recovery as well but down 7.25% over the last 24 hours. Bitcoin’s trade volume is up 76% in that period, and it is still trading with healthy numbers over $37 billion.
Bitcoin Cash is having a tough time making much progress back up to where it was yesterday, which is obviously because the global markets are trending down. The reason for that has been attributed to Russian President Vladimir Putin’s declaration to invade Ukraine yesterday, followed by action today that held good on his promise. The global markets are preparing for a state of war, which means the economy will likely suffer for a while as the conflict is engaged. Excess resources normally poured into investments will instead be moved into wartime efforts.
That is the fear at the moment, while many countries are preparing sanctions to level at Russia and hoping that war can be avoided by these mildly confrontational sanctions. Investments like cryptocurrency may be put on the back burner for millions of people around the world as they buckle down in their finances and prepare to live more frugally for what could be a coming wartime period.
What this means is that unless there’s a major turnaround for President Putin’s plans, the market will continue to see a downturn. Further news that solidifies global wartime efforts will continue to cause steep declines like what we saw yesterday. For investors, that’s bad news, and it would indicate that it’s best for them to hold off for now on investing in crypto. The Bitcoin Cash price is likely to plummet, as the wider cryptocurrency market should see a bearish trend. There’s no telling how far the prices will go down, but investors should be watching news related to the Ukraine invasion to get some idea of their direction.
