BCHUSD ❕ volume declineBCH is moving in the liquidity zone.
Trading volumes and volatility decreased.
I expect that the asset will bounce when it consolidates above the liquidity zone
BCHUSDT trade ideas
BCH (short) trend is overall bearish. 16H 200 SMA acting as resistance
oB on daily tapped
bearish divergence on 30m
(already took most of the profits out on the intraday move but willing to see where this will go with the smaller position I am still holding)
got more levels to the upside if this breaks.
this is also the 50% retrace from the range on the Daily
:)
BCH Broke above a Descending Triangle BCH recently broke above a descending triangle and currently forming a bullish flag on the lower timeframe, make sure to trim profits in the middle of the road.
BCH - Trading Ranges To OvercomeWe obviously fell a lot with BCH, but still price did not broke any multi year supports, set back in 2018. With such fall those yearly price gabs were closed and i am very positive that the bottom is in for BCH and other crypto.
There is gonna be plenty of resistances back to the top. Those resistances are trading ranges or price areas where larger trading volumes have occurred. It is where i expect that price can pause out and start ranging for a while. First we need to get out of the first (orange) price range and visit a second (blue) range. I expect that once we really start going we should be there really fast just because there are a ton of shorts in the market right now and shortsqueeze can happen easily.
As for the 3rd price range ...I still think that we will go to the third trading range nd even .618 fib. retracement level (green arrow), but before that, price will probably have to work out lower between 2nd and 1st trading range before continuation upwards. I can be really wrong. No one knows really. it is a speculation based on historical price behavioral.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
BCHUSDT | TRADING BEARISH CHANNELBCHUSDT is trading with in a bearish parallel channel. The price is printing lower lows and lower highs. the price is currently trading at upper boundary of channel.
The bears are in complete control. The bulls will be only in control above break of channel.
Trade your levels accordingly.
Bitcoin Cash is moving - Short TermBitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity (big blocks). In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, Bitcoin Cash payments are sent directly from one person to another.
As a permissionless, decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank. Unlike traditional fiat money, Bitcoin Cash does not depend on monetary middlemen such as banks and payment processors. Transactions cannot be censored by governments or other centralized corporations. Similarly, funds cannot be seized or frozen — because financial third parties have no control over the Bitcoin Cash network.
Bitcoin Cash (BCH) is an alternative to the oldest and most traded cryptocurrency - Bitcoin (BTC), only the BCH network is much faster and cheaper. In 2017, BCH developers modified the BTC code, releasing their own version of the software and a full-fledged competitive product, which split Bitcoin into two blockchains: Bitcoin / Bitcoin Cash, and consecutively, two assets - BTC / BCH. Bitcoin Cash is a clear result of a hard fork in blockchain. Moreover, another hard fork, which divided Bitcoin Cash into two parts: Bitcoin ABC and Bitcoin SV, took place in the fall of 2018.
There are several distinctive features that separate BCH from the origin. The main one remains about the block size. Blocks in the BCH blockchain can be larger, which means that more transactions can be processed at a time, so that the additional space helps to avoid higher fees. However, since the potential block size is larger, storage & audit become more costly and users may find it troublesome to download a copy of the blockchain.
BCHThe price rose to the upper border of the descending triangle and to the 50-100 MAs congestion. Support and resistance levels are indicated for two possible scenarios
Bitcoin Cash in perfect spotWell, well, well
We got a clear 5 wave structure from the bottom hitting 8.236 on wave 3 and 16.236 on wave 5
From here we got a ABC with perfect A=C length
As long as we maintain 0.886 / 1.00 fib, this is so badly bullish it could just explode for a hell of a wave 3 (or just a hell of a C) - a hell either way!
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Bch👌BCh Usdt
❤️Short
🌹Smart capital management
✔️E1: 117 1%
✔️E2:118 1%
✔️E3: 119 2%
✅Tp: Save 1% profit every time and keep a small amount until the last target
🔵up: 119
🔵down : 110
🔴Amount: 0.1
🟢Order difference: 0.25%
🟢Order sell: 0.5%
❗Open only with bot scm
BCHUSD ❕ above the liquidity zoneBCH broke through the liquidity zone upwards after a period of reduced volatility.
Trading volumes are reviving interest in the upside.
The asset has consolidated above the 100MA (1H TF).
I believe BCH could rebound if it consolidates above the resistance level.
BCH/USDTBCH/USDT
It is in a descending channel.
The internal downward trend line is quite clear.
At the intersection of this trend line, it can fall to the bottom of the channel and the area of $70.
#BCHUSDT #BCH #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
BCHThe price is forming a bearish descending triangle. The price may rise to the upper border of the triangle, but then fall to the lower border and break it. Or the lower border will be broken earlier in case of negative news on the market
BCH will going to $2.5KBCH has a history like BTC in the beginning and now making a BAT pattern.
In the chart we can see there is a reverse potential to come back to above.
BCHThe price formed a cup pattern. A lot of bearish divergences have formed. Possible price correction and the formation of a handle near the cup - a signal for continued growth
BCH/USDT SHORT1. Broken support zone .
2. Entering a position on a retest.
3. Trade in the direction of the trend.
BCH USDT Long????ive been having a look at BCH USDT on the 15 minute tf. We could see a bounce off this trendline for an 8% long opportunity....
BITCOIN CASH SHOCKING MOVE!!!This could be an head and shoulders formation....lets see what happens next for BCH/USDT🚀
BCH Price Still Has A Potential To Reach $6k AreaLike majority of mid cap projects BCH is forming very similar crashing pattern as BTC did in 2018. Of course 2018 btc crash happened with different velocity and curve, but price did have some kind of bounce and sideways movement as BCH had this time.
If we extend fib. levels over 2018 bitcoin crash where level 1 sits at 2017 ATH and level 0 at the low, we can see that the price did first reach lo 0.618 retracement, then eventually crashed, closing the gabs above the low, only to have another breakout and pint point nailing level 4. fib. extension (69k). Time will tell very soon if BCH price will react to the same fib. retracement/extension levels, but if does, it would mean that the price would first climb just above 1k, then have an accumulation back below $200, then of to the races to 6k area where level 4 fib. extension level sits at. Imagine that, it would truly be an amazing alt season.
Remember that time is irrelevant here and no one knows when things will happen or for how is anything gonna take to play out. We can only speculate price areas based on historical price movement.
It is only a speculation, we need more time to really confirm all of this but when price is set for new ATHs after a major crash like this, it tends to react to above mentioned fib. levels.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
BCHUSD ❕ the price held the support The price movement on the 4H formed a wide-band candle, the zone of which has already proven to be effective.
Trading volumes declined, as did volatility.
TD Sequential formed a reversal signal up (1H TF)
I expect that BCH may start an upward movement again if the price can fix above the level of the previous top.
