Bitcoin Cash (BCH) - October 18Hello?
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(BCHUSD 1W Chart) - Medium to Long-Term Perspective
Above the 332.38 point: the uptrend expected to continue
Above section 517.20-702.98: Expected to create a new wave.
(1D chart)
Resistance section: 624.90-702.98
Support section: 435.70-517.20
If the price holds at 517.20-624.90, an attempt to break above the resistance level is expected.
To accelerate an uptrend, you need to break out of the downtrend line.
If the price declines from the support area, it may fall below the 332.38 point, requiring a short-term Stop Loss.
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(BCHBTC 1W chart)
Above 0.02444-0.03406 interval: expected to continue upward trend
(1D chart)
Above 0.01153 point: turn into an uptrend
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
BCHUSD trade ideas
Bitcoin Cash (BCH) - Structure and TargetsI present a study in BCH, using the weekly log chart.
Some structure with a rising Channel and Pitch Fan (wedge) overlay is observed with an Elliott Wave count applied demonstrating potential for new highs. A number of Fibonacci Projections are applied to align some possible price targets.
Do you think we are about to drop through the floor, or rally to a higher-high? Let me know in the comments.
bullish, BCHUSDHello, I strongly believe BCH is very bullish, as we can see BCH has formed a bullflag in the small green channel, extension of bullflag will give a minimum target to 740. If we ca go break the top red channel line, i strongly believe the extension of the flagpole can continue on and go all the way 740 and even could go higher.
BCHUSD LONGBCH is a great asset that has really seen a high price to a support level of 1644.33. After a downtrend, BCH had another bull run from 398.57 to 813.82. This has displayed the continuous power of buyers than sellers.
As prices approaches the 813.82 resistance level, will it be up for another bull run? Tell me what you think below
Great OpportunityI am looking for BCH to bounce at 21 MA ( in white) then pressing upwards from there. BCH has a strong chart in my opinion. Trend is your friend. If you followed my last analysis then you are still in profit and this is a good time to add to your position
This is not financial advice as I am not a financial advisor.
$BCH- MY BCH STORY!So i came across an old crypto account I ignorantly opened in 2017 and then lost interest because as at that time,i didn't understand crypto ..LOL! The whole virtual money thing was like a conspiracy theory.
But I remember I bought about 0.03btc at that time with $45 around Feb/may which of course i stupidly sold off (with some profits of course ) 3 months later. I also lost every detail of the account and then just recently stumble on it somewhere ,logged in and a big surprise was this BTC brother BCH and some BTC...You need to see the big smile on my face... Haha.!.
I never traded BCH for one day because i always believe that it is one of those btc wannabes.. They can't be great as long as btc exist.. Think about why BCHA rebranded to ecash.... Yea! But i am keeping BCH for now and will start charting it ...LOL! On the btc...i swapped it for $Algo without a second thought.
BCH is currently on wave 1 and inside that wave 1,it is on subwave 5 that will complete the impulse wave 1 and retrace to Impulse Wave 2.
The MACD is also curling out Bullish,
RSI already bullish;
Volume- On the average i think...
Do you see what I see? A Parabolic MoveSaid the night wind to the little lamb:
"Do you see what I see?
Way up in the sky, little lamb
Do you see what I see?
A star, a star, dancing in the night
With a tail as big as a kite
With a tail as big as a kite"
Said the little lamb to the shepherd boy:
"Do you hear what I hear?
Ringing through the sky, shepherd boy
Do you hear what I hear?
A song, a song, high above the trees
With a voice as big as the sea
With a voice as big as the sea"
Said the shepherd boy to the mighty king:
"Do you know what I know?
In your palace warm, mighty king
Do you know what I know?
A Child, a Child shivers in the cold
Let us bring Him silver and gold
Let us bring Him silver and gold"
Said the king to the people everywhere:
"Listen to what I say!
Pray for peace, people everywhere!
Listen to what I say!
The Child, the Child, sleeping in the night
He will bring us goodness and light
He will bring us goodness and light"
NOT FINANCIAL ADVICE ya idiots
Trading recommendation for BCHIn the previous trade, the stop loss was triggered, but bitcoin acted as a guide, which generally indicates an ongoing trend. We see an impulse on volume, which occurs at the exit from the support zone, which is also a signal for the continuation of the upward movement.
BCH Spring Locked and LoadedNot a holder of this crypto, but BCH/USD is one of the late bloomers this cycle and is completely poised for launch.
Full 4.236 Fib extension using Coinbase Highs and Lows predicts an absurd value of nearly 18k.
Regardless of chasing 18K, you can see that this crypto is locked and loaded - even with today's price movement it is still under the "spring" and is preparing for launch into orbit imminently. It would not shock me to see it re-testing the previous high a few months ago within 2 weeks, if this does take off I will look deeper and see if it is reasonable to think it will test the previous ATH at 4K from December 2017 some time later this month.