BCHUSD💲 Nothing to think about shorts 📉The trading plan for BCHUSD is quite simple, and you don't have to invent something. The level of 576.65 is a resistance, in the price area of which a sell signal can be expected. Such a small upward correction is expected mainly for all major cryptocurrencies, after which a downward movement will follow again. In the case of BCHUSD, the target for the next fall will be 533.41.
Have a nice trade!
Your Solldy.
BCHUSD trade ideas
BCH decline continues shedding 5.6 percent moreBitcoin Cash price analysis shows the coin continues downside today as well after yesterday’s steep plunge. The BCH/USD gained significant value during November, but yesterday’s bears market damaged the cryptocurrency value to a great extent, and yet the downfall hasn’t stopped for BCH as it continues to fall, and today’s decline has nulled out the entire gains of November. So far, no considerable bullish support has appeared, and the next support level is present around the $579 mark.
EOSUSD and BCHUSD - Common FormationEOS and BCH are portraying a common structure pre 2.618 transition
Upon transition through 2.618 I expect a large bull move for both EOS and BCH
Now is a great time to buy either
The bars pattern is extremely speculative, I have no idea where the price might top, just that its headed up after the transition
ALL Crypto Markets are still looking bullish. Nothing negative!In this video:
I do a run through of all the major charts like Bitcoin, Ethereum, and Bitcoin Dominance
I also look at some of the altcoin charts and the altcoin market situation
I am unable to determine that there is anything negative to worry about
All charts are indicating this bull run is going to continue
Both Bitcoin and Ethereum look good, as well as all the alts.
You can hardly go wrong ...but always be prepare. Set those stops.
Bitcoin Cash 1H: Triangle Pattern👋 Hello and welcome traders to another trade idea with SunnyHillCapital
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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.
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Bitcoin Cash price analysisBitcoin Cash price analysis suggests upwards movement to $700
The closest support level lies at $640
BCH faces resistance at the $680 mark.
The Bitcoin Cash price analysis shows that after failing to climb above the $720.00 mark, the sellers broke the $680.00 support level as BCH returned to the $640.00 mark. Since then,the price has recovered to the $660 mark as the buyers defended the support level.
The broader cryptocurrency market has observed a bullish market sentiment over the last 24-hours as most major cryptocurrencies record positive price movements. Major players include AVAX and DOGE recording a 9.38 and a 7.75 percent incline, respectively.
Price faces depreciation up to $656 after bearish returnThe bears have been ruling the BCH/USD price chart for the past few days, as the price has been constantly experiencing a fall. The price underwent considerable decline even today, as the bearish trend brought it down to $656 extreme. This has created chances of the price going in the danger zone, as the bearish trend has been expanding at a constant rate.
Bitcoin Cash (BCHUSD): Structure Breakout & Bullish Continuation
Bitcoin cash broke and closed above a key daily resistance cluster.
Now we see its retest.
I will expect a bullish wave from 622 - 656 demand area.
Next goal for buyers 782 - 802 resistance area.
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BCH Elliott Wave Chart by CryptoKnee Looks like 640 held! At the moment, a potential Zig Zag down complete is possible, which would still fit with this count variant. A zig zag complete does not necessarily mean the correction is over, especially in a wave 4. So watching how this developes. Green done, yellow some more correction, red bad for short term bulls. Watching these support resistances which ever way it choses. Super bull, this is a 1,2 1,2. Bear this impulse, if completes, is a C of a ZZ.
#BCH #LONGHere is another coin to buy and hold as cup and handle is confirmed. The handle will prevent us from burning our fingers while drinking hot tea from the cup. And once the cup is on our lips, our brain tells us to test the hotness of the tea, then hold a bit before sipping again, and this time, the quantity in our mouth will be much more than the previous ones. This explains what will happen after a breakout. Enjoy. I am LEON, feel free to message me.
BchWhat a great trade. Poste about this whole
Bch was at 608$ started buying here. An
Hour later it ripped to 661 where if w brok that targeted move
850
I added more even thou it seemed extended a bit that was the plan. It was a great move. It’s hard to say if it’ll keep running from here straight to target. I pulled a few FIB levels we have 732 and 773 before hittinf 855$. If we pull back suppor it’s 711 and 657
It is extended but I cannot say if it’ll rip right to the tarhet or pull back. It’s def a monste but striaght up runs can result in a decent pull backs. So be cautious if buying up here.
Our next key resitamce is 808$ that was that last peak we can see here clearly on the chart so best thing I see is we stall out there
BCH confused What's up guys , I'm posting this to see if anyone has feed. back on it , cause to tell you the honest truth , I'm surprised I cannot find a setup on this as price as been stuck in a very confusing range
Any feed back will be appreciated as I am still yet to make new friends on here
Myself 2 years ago will gamble and say long but trading isn't gambling , it takes a lot to be a trader !
what do you guys feel ?