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BCHUSD trade ideas

BchThis is where it gets compicated for me. So we were in this huge rising channel for BcH any time it tapped the bottom channel it was a buy and when it tapped the top channel it was a sell as one point as I’ve talked about we broke out of it and held support for some time on it. We eventually lost that support and here we are. Now 500$ is a key key support. Daily RSi is over sold. Personally I like this level but I’m ok with not getting a bottom. I want to see the trend turn around a bit. I longed BCh from 478 and sold at 1550 that was a great run for me. No here we are again. However since we are out of this channel. The break down of the channel is 280$.
COINBASE:BCHUSD
by Erictaylor
BCH did one of the healthiest retest of its early breakout! As you can see BCH managed to do an amazing retest, crashing below its breakout levels. I am not a huge fan of BCH but it has definitely a really good chart. ETH just only managed to retest it's parabolic breakout, so if you are looking for an undervalued coin here you have it! ---------------- Check the charts attached to get our skills --------------------- Some of our latest results: ETH: short: 4320$ stop out 4454$ ---> 1st target 2500$ ----> 2nd target 2000$ profit(spot):52% | profit(5xLeverage): 258% BTC: short 51k$ stop out 52k$ --->Profit: 240% (5xleverage) ------> 1st target: 33k$ ------> 2nd target 30k$ Open long: 33k$ -31k$ ---> stop out 29250$. ----(Modified to break even: now we are risk of from the bottom) Pending: 1st target: 55k 2nd target: 58-60k Open long: 2k$ ---> stop out 1920$. ----(Modified to break even stop up to 2200$: now we are risk of from the bottom) Pending: 1st target: 4000$ 2nd target: 4200$ Thank you guy being a member of our community! community.protradersnetwork.com
KRAKEN:BCHUSDLong
by tmsarn
BCHUSD - TECHNICAL OVERVIEW FOR DAILY & WEEKLY TIMEFRAMEWelcome! What's up traders! Thanks for Jumping back on my Analysis, 👨💻 Trader champ is here behind the charts, Hit the thumbs up 👍 and support the work Follow the trade plans and notes. Sketch up your own trade setup and make sure you meet with the required confirmations first, before you make your move! ________________________________________________ Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments. Mohamed Khalid Rafi , Senior Financial Analyst, Profitlio Trading.
KRAKEN:BCHUSDLong
by Profitlio_Trading