BCHUSD trade ideas
Bitcoin Cash Price Analysis: we expect BCH/USD to test $615 Bitcoin Cash has experienced yearly gains of up to 180% since January 1st, counting down to the second-to-last month of 2021. Thereby suggesting significant returns for cryptocurrency traders from the annual price opening of $342 to today’s daily high of $619.
Bitcoin Cash - bull run targetsNothing new - if bitcoin surges, the whole market will rise. Rising tide lifts all boats.
These would be my views of targets. Barring any crazy Fud or some new major positive developments, which would move targets higher and/or lower. Even though my previous BCH idea hit all targets and built that as support range, no movement is guaranteed - trade at your own risk and set your stop losses
☑️BCHUSD: entering the SELL-phaseBitcoin Cash is trading at $587 . There are clear signs of a bearish trend on BCHUSD.
As part of the Bitcoin Cash forecast, an approach to the level of $552.85 is expected. Where, most likely, we should expect an attempt to continue the fall in BCHUSD and the further development of the downward trend.
🔔 Proposed deal for this tool 🔔:
🔴Entry Point - 591.70
⛔️Stop Loss - 607.31
✅Take Profit - 557.87
Thanks for your comments and likes 👍
BCHUSD D4: +800% gains BULLS THE BEST level TO BUY/HOLD(NEW)Why get subbed to me on Tradingview?
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BCHUSD D4: +800% gains BULLS THE BEST level TO BUY/HOLD(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTION!
🔸 Summary and potential trade setup
::: BCHUSD 4day/candle chart review
::: corrective cycle in progress no
::: expecting tech overshoot before
::: reversal off the cycle lows
::: updated/revised outlook
::: setup still valid as of RIGHT NOW
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: currently/soon CORRECTION MODE
::: BUY LOW near cycle lows
::: entry - late Q4 2021
::: for now PULLBACK/CORRECTION MODE
::: on the right same a/b/c/d/e fractal
::: 2018/2019 fractal from the past
::: resulted in 800% gains off the ow
::: re-test of range lows is likely
::: point d is BEAR TRAP (fake breakdown)
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +800% gains
::: details: see chart
::: FINAL TP is +800% gains
::: recommended strategy: BUY/HOLD after correction
::: TP BULLS +800% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/800% gains
::: Sentiment short-term: CORRECTION/MODE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
BCH is one huge leading diagonal to $2200BCH is forming one huge leading diagonal.
This would give a rough target of $2200.
They could front run this last wave. Keep that in mind.
My chart is messy with my detailed count.
But, I think the diagonal is obvious.
I shared my chart, so you can view it in detail.
BCH/USD- Day trade Hello,
I have entered #BCH on a hourly day trade today. I entered at 622.65 with the target being $649.
This will be a 4.2% gain if target is reached.
The reason for this trade-
The price has broke above the hourly resistance and the H4 resistance. The momentum should help push the price up while being above the 9/20ma.
Good luck if you join.
BCH Price StandpointBitcoin Cash is holding steady above the support level of 600 as the bulls strive to retest the weekend’s high of 650. Since the beginning of the month, it has risen by about 22% having extended its rebound from below the psychological level of 500 late in September.
On a four-hour chart, it is trading slightly above the 25 and 50-day exponential moving averages. Besides, the formation of an inverted head-and-shoulder pattern, which is a bullish pattern, points to further gains.
In the short term, BCH price will likely hold steady above the support zone at 600 while gathering enough bullish momentum to reach and surpass the next target at 650.91. Above that zone, the next level to watch out for will be the prior resistance level at 675.61. However, this thesis will be invalidated by a move below the support zone of 600.