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Bitcoin Cash / TetherUS PERPETUAL CONTRACT

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BCHUSDT.P trade ideas

✴️ Bitcoin Cash Update | Bullish Or Bearish?What one does, the rest follows! The Altcoins, they all move together and most of them, about 90%, have the same chart. Within the 90% with the same chart the only difference is their timing. Some move first, others follow but end up drawing the same patterns. Bitcoin Cash continues with its bullish consolidation, which is normal and at the same time great. The longer the consolidation takes, the stronger the jump when the consolidation box breaks. BCHUSDT is consolidating above MA200 while ETCUSDT is trading below, this makes no difference, they are both going to break up. The one above MA200 will face less resistance though. It will be exciting because the next up is the biggest one. If you want to see additional information, the targets, support levels and so on, visit the 'Related Ideas' below... For all the "updates", I will list a few of the old ones. Namaste.
Long
by AlanSantana
BCH/USDT Possible Head&Shoulders Hey, guys ✌️ Next one we will be taking under radar the BCH coin. We spotted a nice pattern forming here on Daily chart where we are about to form the last part of that pattern "Right Shoulder." There are two possibilities here: First one is where we form clean H&S pattern with that right shoulder. Second one (which is more realistic with current market state) is where by the end of tomorrow we will have just straight candle which will break that level at $120. What do you think guys? Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
5
✴️ Bitcoin Cash | We Are Going Higher, All Of Us!Here is the chart that gives away the rest of the crypto-market... It comes in the form of Bitcoin Cash vs Tether (BCHUSDT). I will go straight to the key! Yesterday (still today in my timezone), 23-Jan., Bitcoin Cash hit a new high while bitcoin and Ethereum didn't hit a new high... And this reveals what we have been saying, better yet, it confirms what we are expecting. Bitcoin is likely to go straight up to $25,000. The fact that Bitcoin Cash is going ahead and hitting a new high works as confirmation. What one does, the rest tends to follow. Bitcoin Cash started to grow early January and picked up speed mid-January, around the 12-13 exactly when Mars went direct and bitcoin went ahead. The retrace took place in the exact same date. The retrace was stronger on BCHUSDT and I wondered, will they all move lower? But the fact that the other altcoins and bitcoin remained strong within their retrace, gave me the signal that BCH would also continue straight up. By the way, "no retrace", simply really strong bullish consolidation. Bitcoin and Ethereum are just waiting for the rest of the altcoins market to catch up. Giving some time for the altcoins vs bitcoin pairs (ALTSBTC) to recover within higher lows and some time for the altcoins vs tether pairs (ALTSUSDT) to push forward and so together we all grow. The bears are not taking the market strength as a positive signal, well, it is a positive signal for them in the sense that the higher the market goes, the stronger their convictions becomes that prices are moving lower... But in reality we are only seeing up. Bitcoin Cash has grown by 60% since November 9, 2022... Even if it went into a strong correction now, that kind of growth in just two months is still pretty good. We are all patient and we understand... We have to go step by step, it will take years of growth before we hit back the previous ATH... But it will only take a few months after the old ATH is hit to hit new higher highs... And this will be epic... We are happy buying at support, at the bottom, near multi-years low... If it keeps on going down, GREAT!, Buy more, more and more. Think long-term. If the whole market crashes, buy everything up and think long-term. Namaste.
Long
by AlanSantana
1
✴️ Bitcoin Cash Major Breakout, Looks Good To Me!Here we are again with the same conditions as visited before in the Binance Coin and Cardano charts... Bullish consolidation. I was sharing in the BNBUSDT article yesterday the fact that corrections tend to become felt in crypto. Retraces can happen slowly which means that the current consolidation can turn into a retrace but as for corrections, they go down fast and strong as soon as a resistance level is hit. This type of action we are seeing with Bitcoin Cash (BCHUSDT) kinds of breeds doubt and uncertainty... But, as shared in the BTC CME Futures GAPs article, Who's selling ? Bitcoin Cash looks good... After the break above EMA100, we have 6 days of consolidation. This consolidation is taking place above EMA10 and all the rest. The RSI is super strong. As long as the consolidation continues to be this strong, our bullish bias remains intact and we aim for the next target... $150 followed by $170 and so on. You can read below to expand on this trade idea. Three relevant articles mentioned are: 1) ✴️ Binance Coin | New Money Enters The Market, BULLS Confirmed! 2) 🅱️ BTC CME Futures GAPs Points To $35K, Who's Selling? | Go UP! 3) 🅱️ (₿) The Real Meaning Of A Bitcoin "Overbought" Daily RSI... Thanks a lot for the support. Namaste.
Long
by AlanSantana
6