BCHUSDT.P trade ideas
🔄 BCH: Fractals of Accumulation, Manipulation and DistributionIn the intricate dance of market dynamics, Bitcoin Cash (BCH) appears to be orchestrating a familiar tune, following the classic pattern of accumulation, manipulation, and distribution. Understanding this cyclical behavior may provide valuable insights for traders navigating the BCH landscape.
Chart Analysis: Unraveling the Pattern
Accumulation Phase:
BCH has entered a phase of accumulation, characterized by sideways movement and the formation of a trading range between $177 and $270.
Accumulation suggests the gathering of positions by savvy investors, preparing for a potential upward move.
Manipulation Dynamics:
Historical patterns indicate that BCH often experiences manipulation after accumulating within a range.
Traders should be alert to sudden and unexpected price swings as manipulation unfolds.
Distribution Anticipation:
Following the manipulation phase, BCH typically enters a distribution phase, where accumulated positions are released.
This distribution could lead to a swift decline, potentially revisiting lower support levels.
Projected Scenario: A Cautious Path Forward
Range Trading: $177 to $270:
Traders may anticipate range-bound movements within the $177 to $270 zone as accumulation continues.
Establishing strategic positions within this range might be a prudent approach.
Manipulation Swings:
Be prepared for sudden and sharp price swings, indicating manipulation in progress.
Active risk management is crucial during these volatile periods.
Downside Potential: $160 Target:
In the event of manipulation leading to distribution, a potential downside target is around $160.
This level represents a historical support zone that could attract buying interest.
Upside Momentum: $370 Objective:
Upon completion of the distribution phase, a swift reversal and surge towards $370 may unfold.
This upward momentum could signal the start of a new bullish cycle.
Strategic Approach: Navigating the BCH Landscape
Range Trading Tactics:
Traders can capitalize on the range-bound nature of BCH by strategically entering and exiting positions within the $177 to $270 range.
Risk Mitigation During Manipulation:
In anticipation of manipulation, active risk management, including the use of stop-loss orders, is crucial to safeguarding capital.
Long-Term Perspective:
Long-term investors may view the accumulation phase as an opportunity to accumulate BCH at favorable prices, anticipating the potential for a significant upward move.
Conclusion: BCH's Symphonic Movement
As Bitcoin Cash (BCH) dances through its accumulation, manipulation, and distribution phases, traders and investors alike have the opportunity to decipher the symphony of market dynamics. By understanding and strategically responding to these phases, participants can navigate the BCH landscape with greater confidence.
🔄 Accumulation in Progress | 📉 Anticipating Manipulation | 🔄 Distribution Patterns
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Share your perspectives on Bitcoin Cash's market movements, contributing to a collaborative analysis that enhances the collective understanding of this digital asset. 💚🚀💚
bch usdt pow 3 making it ready to moon
under this pattern its getting ready to break resistance and move up
WILL BITCOIN CASH DIP FROM HERE?This is my analysis of BINANCE:BCHUSDT
Let me know your thoughts about it.
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Potential Surge to $305Bitcoin Cash is showing signs of an upward movement as it follows an uptrend line, hinting at a possible increase in its value shortly. For traders, it's wise to monitor the situation and wait for a daily candlestick to close above this uptrend line before making any trading decisions.
If this occurs, BCH could potentially target the key resistance area near $305.
This analysis is for informational purposes only and should not be considered as financial advice.
BCHUSDTStill waiting to touch my entry price then wait for a confirmation candle. My entry is on the Gap that is not filled yet.
BCH Bullish Setup👉 After a Breakout From The Bull Flag, Currently The Price Reached a Important 255$ Resistance Level ,I Expect a Breakout From This Level In Near Future, The Setup Is Bullish
📥 Targets Are 294$ And 430$
BCH is ready for a jumpThe strength of the bearers has been taken and the downtrend has weakened
A triggerline has been established and we have also had a bullish CH and orders have been received from the DEMAND zone.
Price is ready to move towards TP.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BCH/USDT Broke Out of a Descending Channel | 🚀👀 What's Next?💎 Paradisers, get ready for a promising trading opportunity with BCHUSDT. The asset is currently making significant moves in the demand zone, suggesting a potential shift towards an upward trend.
💎 BitcoinCash has been diligently following a descending channel. Its recent breakout from this channel suggests an upward move towards a resistance level, likely to be followed by a rapid pullback, aligning with its usual market pattern.
💎 There's a strong chance of a bullish trend starting from the support level at around $235. Having effectively broken out of the descending channel, BCH is now targeting resistance levels near $305.
💎 Timely decision-making is key for astute Paradisers. Pinpointing the most advantageous entry points during this upward trend is crucial, and it's wise to exercise caution to avoid entering at the height of the trend.
💎 Remain vigilant, as there is also a risk of BCH falling below the support level of $212. A decline below this important threshold could cast doubt on the sustainability of the upward trend.
BCH: Rising Wedge BreakoutBitcoin Cash (BCH) technical analysis:
Trade setup : Bearish breakout from a Rising Wedge pattern, could lead to a pullback to $200 support area (and 200-day moving average) in the near-term, which could be an attractive swing trade entry, with upside potential back to $250.
Pattern : Rising Wedge It usually forms after an uptrend and suggests a potential bearish reversal in the original uptrend. When price breaks the lower trend line the price is expected to trend lower.
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $200 (previous resistance), then $140 – $150. The nearest Resistance Zone is $250, then $330.
BCH: Rising Wedge BreakoutBitcoin Cash (BCH) technical analysis:
Trade setup : Bearish breakout from a Rising Wedge pattern, could lead to a pullback to $200 support area (and 200-day moving average) in the near-term, which could be an attractive swing trade entry, with upside potential back to $250.
Patterns : Rising Wedge It usually forms after an uptrend and suggests a potential bearish reversal in the original uptrend. When price breaks the lower trend line the price is expected to trend lower.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $200 (previous resistance), then $140 – $150. The nearest Resistance Zone is $250, then $330.
Bitcoin Cash is the real bitcoinTaking another crack at a Bitcoin Cash long.
Blocksize debate coming back into contention due to lighting network failure. And it's being mined by BlackRock. If MIL:ETH is getting an ETF then SET:BCH will.
Still not sure about this. The chart looks so sleepy. WAKE UP
Targeting 450
Stop loss tight
BCHUSDT 300$There has been a bit of suffering in the currency but I would like to say that you should be prepared slowly as the guard will go up and down to at least $300.🚀🚀🚀
BCH Trading Forecast: Bullish Momentum at $155 Level📈 Trading Forecast: Bullish Outlook for BCH as Long Position Opportunity Emerges at $155 🚀
Based on my comprehensive mathematical analysis and the formation of a bullish cup pattern on the weekly chart, I have identified a prime opportunity to open a long position on BCH (Bitcoin Cash) at the $155 level. This level aligns with key support and shows strong potential for an upward price movement.
📊 Technical indicators support this analysis, indicating positive momentum and increasing buying pressure. The cup pattern suggests a bullish trend reversal, with the potential for significant gains in the near future.
💰 With this valuable insight, traders can strategically position themselves to capitalize on potential profits. However, it's essential to monitor price action closely and implement proper risk management strategies.
🔎 Stay tuned for further updates and analysis as we closely track the market's movements. Happy trading and remember to always conduct your own research before making any investment decisions!
Disclaimer: This post is for informational purposes only and should not be considered financial advice. Trade at your own risk."
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BCHUSDT with strong Bullish setupBCH painting this bullish setup and price already break it upside. Looking forward to see how far this will go. We also have potential AB=CD
Kindly go through the chart and do leave us your comments to let us know how you feel about our view.
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BCH - Still Strong ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BCH has exhibited an overall bullish trend , trading inside the rising channel in red.
At present, BCH is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a demand zone in blue.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the blue demand and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #BCH approaches the lower red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BCH 232 Long! Accelerate 300 usdt to 1000 on 5xBCH 232 Long! Accelerate 300 usdt to 1000 on 5x
Crypto trading marathon!
"Making 1000 out of 300 on 5 leverage".
Stop 230
Take profit 256.5
How many days will we need to accelerate the deposit?
7 days?
15 days?
30 days?
No way!
Write in the comments below!
Trade with us, trade better than us!
BCHUSDTBINANCE:BCHUSDT Short idea
i think short program started and first victim is BCH
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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LINKBINANCE:LINKUSDT
Examining the currencies that can be a suitable option for todayExamining the currencies that can be a suitable option for today
BCH BEAUTIFUL TREND! SO SEXY.Sometimes you just have to stop everything you're doing and admire a nice trendline. These market makers are having fun.
When will the trend break? Let me know in the comments below.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
BCH Lights the Path: Get In on the Buy Action Today!"**Fundamental Analysis**
* Bitcoin Cash (BCH) is a peer-to-peer electronic cash system that is designed to be a fork of the Bitcoin blockchain.
* BCH has a larger block size than Bitcoin, which allows for faster transaction times.
* BCH is also more decentralized than Bitcoin, as it has a larger number of nodes and miners.
**Recent News**
* BCH has been in the news recently due to its increasing adoption by merchants and exchanges.
* BCH has also been in the news due to its strong performance in recent months.
**Disclaimer**
Please note that this is not financial advice and you should do your own research before investing in any cryptocurrency.
**Additional Information**
* BCH is currently trading at $ .
* BCH has a market capitalization of $ .
* BCH can be purchased on a variety of cryptocurrency exchanges.
