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BCHUSD trade ideas

Bitcoin Cash (BCH) - Bullish Stochastic RSI cross coming soon??The ELITES will win this game and they are causing fear in the market so they can buy cheaper. DO NOT LET THEM WIN THIS TIME! Facts are in the charts! PLEASE LET ME KNOW WHAT YOU THINK OF THE ANALYSIS. Still in a bearish trend until confirmation of the Bullish Stochastic RSI Cross on the weekly! BULLISH FACT: 1. BITCOIN CASH BEEN CREATING HIGH HIGHS AND HIGHER LOWS SINCE JULY OF 2020! 2. RSI HASN'T BEEN THIS OVERSOLD SINCE NOVEMBER 2020! 3. STOCH RSI LOOKS TO HAVE A STOCH RSI BULLISH WEEKLY CROSS IN THE COMING WEEKS! EVERYTIME WE HAVE A STOCH CROSS ON THE WEEKLY, BCH INCREASED BETWEEN 0.6X - 2.7X!! 4. INVEST IN CRYPTOCURRENCIES THAT BIG INSTITUTIONS ARE INVESTING IN (SUCH AS GRAYSCALE) Buy targets: Target 1: $535 (Corresponds to the 1.618 Fib) Target 2: $408 (Corresponds to the 1 Fib) Sell Targets: TARGET 1: $1742 (CORRESPONDS TO THE 3.618 TARGET 2: $2016 (CORRESPONDS TO THE 4.236) TARGET 3: $4000+ Good Luck! "If you can't beat the fear, do it scared!" "Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet. "Markets are a device for transferring money from the impatient to the patient. - Warren Buffet "Show me the charts, and I'll tell you the news." - Bernard Baruch
COINBASE:BCHUSDLong
by jaydee_757
3
BCH RISING WEDGE PATTERN Like to support and follow for more content! WHY FOLLOW? • 4 Years of experience • Daily trades • Daily updates • Best Entry Points • Important Zones • TP/SL ................................................................................................................................................................................... We can see the rising wedge pattern, if we break to the downside, we will see a continuation to our targets: 620 600 580 560 However, if we bounce from here we will go to 660. Watch BTC on the side and the symmetrical triangle (link below) ................................................................................................................................................................................... What do you think? Good luck traders, Not financial advice Manage risk and leverage DYOR NajjarTrading
POLONIEX:BCHUSDShort
by NajjarTrading
BchSo I talked about this upper level being critical reistNce. We did have a fake pop out of it but over a few hours we didn’t hold it as support. That’s why patience isn’t key to confirm holds. Sometimes, like Matic we will rip out of resiatnce hard but almost 99% of the time we come back to test as support. The higher we run before back test the less chance for a support hold. Anyways, we seem to be testing a neckline of a small head and shoulders. I am targeted 588 as this level of support hold if we lose 612-615 support we are hanging on. If we do drop we need to be cautious that 588 won’t hold as it doesn’t in most times it has tried however if that level is reached and it does hold , that would be a very bullish sign and will be a catapult for next run out and finally above 640 with a true hold!
COINBASE:BCHUSD
by Erictaylor
1
BCH/USD LONGBCH /USD LONG **Still waiting for entry** This is literally the exact opposite trade to the idea I posted two days ago - which would've played out great if I had held strong with diamond hands. Lesson learnt. Here are my reasons for looking to enter a long position on BCH /USD. The confluences for my entry: ✓ Holding at a key level of support ✓ Double bottom with May low ✓ TD 9 printed on 2hr candle ✓ Higher volume has been entering at these lows ✓ Stochastics crossing upwards - exiting the bearish control zone ✓ Krown Stochastic indicating a buy signal ✓ RSI momentum heading out of bearish territory into neutral Concerns; We are still in a strong downtrend on most timeframes. Will manage risk at EMA and Fibonacci levels. I will enter a long position with a stop loss below the wick of the reversal candle/ TD Sequential 9 after a green TD1 confirmation candle next. ** this is not financial advice **
KRAKEN:BCHUSDLong
by samfregonese