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BCHUSDT trade ideas

Bitcoin Cash rally is overHi guys, let's review the current situation on Bitcoin Cash. It seems that Bitcoin Cash continue rally is coming to the end and probably we won't see any big green candle on weekly chart. In my previous post I indicated that last couple weeks there was extremely high volume on weekly candles and often it may indicate on changing direction, at least short term. Note that last on last week candle there was highest volume ever on BCH so it's normal that there will be some correction. This week we can see this correction. If bulls want to continue recent rally then it's important for them to BCH close above 265 on weekly candle, it would be better if it closes somewhere around 280-290. If this happens then we can expect price to test 330-340 levels but from current situation it's unlikely that this will happen. I expect that even if BCH price will rise it won't go higher than 300-310 and then continues it's correction to 220-200 levels. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
Short
by Real_CryptoRoy
2
🚨 Trade Update: BCH/USDT (5-10x)🚨 Trade Update: BCH/USDT (5-10x) 📉 Short Entry: 284 - 298 OTE (Optimal Trade Entry): 295.2 SL: 312 B/E Move: When it moves close to TP2 TPs: Short Term: 281.2 - 278 - 274 - 269 - 260 Mid Term: 250 - 235 - 220 - 200 - 169 **Disclaimer: Past profits do not guarantee future results. Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis. EDK FORUM TRADING®
Short
by GISTRADINGLLC
BCHDisclaimer High Risk Investment Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form. A qualified professional should be consulted before making any financial decisions. -------------------------------------------------------------------------------------------------------------------
Short
by TraderBibres2003
1
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Long
by SafeCryptoSignals
1
BCH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BCH/USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin cash (BCH) rallied back above 300.00 on Thursday, prior to the global crypto market moving to consolidate. Following a low of 250.23 on Thursday, BCH/USD jumped to an intraday peak at 300.85 earlier in the day’s session. As a result of the rally, the price moved to its strongest point since the start of the week, and closer to a recent 15-month high. Earlier gains have now been erased, with BCH falling to a current reading of 279.71 as of writing. One of the catalysts for this is the fact that the relative strength index (RSI) moved closer to a ceiling at 73.00, after bouncing from a floor at 70.00. The index is now tracking at 71.69, and will likely consolidate around this area for the remainder of the day. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
BCH Ready for a 50% Correction?Is BCH ready to dump. Really no body knows for sure but following the technicals it is at macro resistance and on the 4hr. a lower high, lower low, and now a lower high. Invalidation will be a brake and hold of the high. A liquidity grab just above the high is certainly possible but to invalidate it needs to hold. If it can reclaim the highs more upside would certainly be in order but needs to happen first. For now the market is sitting perfectly balanced between buyers and sellers at macro resistance and when big money says they are bullish typically they have goods to sell. Interested in Gann style (law of vibration) trading? Join Us
Short
by Degen-Dynasty