Get started

Bitcoin Cash / Tether USD

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BCHUSDT trade ideas

BCH/USDT bullish reversal from key support? 👀 🚀BCH analysis💎 Paradisers, brace yourselves for a thrilling trading expedition with #BCHUSDT, currently anchored at a critical support area, signaling a potential shift in market dynamics. 💎 Its breakout from a downward trendline heralds a promising path ahead for #BITCOINCASH, igniting a bullish momentum poised for an upward journey. Should this vigor continue, we anticipate challenging the $535.7 resistance zone as our forthcoming milestone. 💎 Should the momentum of SET:BCH show signs of diminishing, we're set to observe a robust recovery attempt from the crucial support mark at $229. However, slipping past this vital line may denote the start of a more decisive bearish phase, emphasizing the need for vigilance in the evolving market landscape.
Long
by MyCryptoParadise_Simon
1
BCH: Resistance BreakoutTrade setup : Bullish break above $500 resistance signals continuation of uptrend, with +20% potential upside to $600 next. The $500 level was where price got rejected in early March, hence, that’s a key level. Stop Loss (SL) level at $460. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $400, then $300. The nearest Resistance Zone is $500, which it broke, then $600.
Long
by altFINS
Bitcoin Cash Surges in March, Eyes $750 But Faces ResistanceBitcoin Cash (BCH) has been on a tear this month, rallying from $231 in February to currently trading at $542. This impressive surge of over 130% has positioned BCH at a critical juncture. The current resistance point for BCH sits at $542 . If bulls can muster the strength to push through this barrier, analysts predict a potential surge towards $750 or even $815. However, a failure to breach the $542 resistance could trigger a pullback, potentially bringing BCH back down to the $400 support level . This scenario would indicate a short-term correction before another attempt to break through the resistance.
by Z4F4R
BCH: Bullish PennantTrade setup : Bullish breakout from a Bullish Pennant pattern, in the direction of the existing Uptrend. Price could revisit $500 for +10% upside potential or higher. Stop Loss (SL) level at $415. Pattern : Bullish Pennant - forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $400 (previous resistance), then $300. The nearest Resistance Zone is $500, then $650.
Long
by altFINS