BCHUSDT trade ideas
BCH ANALYSISBULLISH PENNANT indicating a start of a bullish trend for Bitcoin Cash, Hold On and wait for rocket to launch.
BCH/USDT BUYING SETUP#BCH/USDT BUYING SETUP (Swing)
$BCH valid retesting for continue upward movement . daily close before very bullish candle confirm doji for going continue upward movement . Buy with money management
Entry : 140.5 - 130 - 119
Target : 159 - 177.3 - 204.6 - 235.8 - 281
Stop : 113
BCHThe price breaks the downtrend line and stays on the uptrend line. The RSI breaks through the resistance of the downtrend line. The price should continue the uptrend
BCHUSD ❕ broke up the downward channelBCH has successfully broken through the upward downtrend channel and formed an uptrend line.
I expect that the asset will successfully continue to grow after fixing above resistance level.
BCHUSDT LONGBCH is retesting cup and handle breakout, last two daily candles have closed above the C&H resistance and gravestone doji implying the breakout retest might be done. I am long with a stop below doji low.
Long BCHUSDT (4H timeframe)Long entry for BCHUSDT at 135.8 USD.
The price broke out of the Kumo Cloud and the Chikouspan is now completely free from the price and Kumo Cloud.
Besides that, the Tenkansen crossed the Kijunsen and both the SenkouspanA and SenkouspanB are pointing upwards.
Overall this is a bullish signal.
Keep in mind that on the daily timeframe the price is still in the cloud so you can expect some turbulence.
The first resistance is expected around the Monthly R1 Pivot Point level at 177.3.
We will keep you updated.
Long from support BCHMy idea for bounces from support (premium price). We have been located for over 120 weeks, the indicators are sold out on all time frames, bullish divergence. All we need to BTC go up.
It's worth pulling the trigger.
Take care, trade safe.
BCH/USDTBCH/USDT
As we expected, the price increased to the $165 range.
It is expected and upward momentum has been taken to increase the price to the range of 190 dollars.
#BCH #BCHUSDT #BTC #BTCUSD #LUNA #LUNC #UST
BCHUSD ❕ anomalous growthThe market started a strange rally after the FOMC meeting, so it is possible that some of the market participants may start to take profits.
Price in the overbought RSI zone (4H TF)
The BCH ignored the bearish divergence on the 4H Timeframe.
Indicator BB - overbought (4H TF)
I expect the asset to continue the correction if it fixes below the support level.
BCHUSDTPERPAccording to the profit step formed in this width and reaching the resistance areas, which shows this growth as a correction for the previous fall, price correction is expected in these areas.
#BCH/USDT
The price has broken through a strong resistance level - a downtrend line. This line and the 100 EMA are strong support levels. If the reverse symmetrical triangle is broken, the price may rise to 200 EMA
BCHThe price has broken through a strong resistance level - a downtrend line. This line and the 100 EMA are strong support levels. If the reverse symmetrical triangle is broken, the price may rise to 200 EMA
BCH to $166#BCH/USDT
$BCH broke out descending resistance and confirmed it as support.
🐮 as long as price stay above support zone and ascending support, it will continue its uptrend to resistance zone around 0.5 and 0.618 fib levels of last swing down.
BCHUSDT: Good prospect for LongThe structure of medium-term wave levels on the BCH tells me that the decline from the level of $1,600 is probably over.
On the smaller timeframe some initial momentum was formed in wave 1 or A, and at the moment the price is correcting in the anticipated wave 2 or B.
It is possible that the correction has already ended and the price has already started to form the first upward impulse as part of wave C or 3.
This is an excellent pattern that allows you to plan to open a long position with a remarkable risk to profit ratio of at least 1:5.
BCHUSDT 1H: Possible LONG#BCHUSDT has the potential for an uptrend to 135$
Middle aim-level 125$
SL 116$
BCHUSDT is creating a rounded bottomThe price is creating a rounded bottom below the weekly resistance at 133$.
Now the market is creating a bullflag below it and the price is getting new liquidity from the 0.382 Fibonacci level.
How to approach it?
IF the price is going to have a breakout from the daily and weekly resistance and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Bitcoin Cash (BCH) - July 25Hello?
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(BCHUSDT 1W Chart)
Whether or not it can move higher than 202.7 is the key.
To do that, you need to make sure you can climb above the 122.6-146.0 section.
(1D chart)
Primary resistance: 146.0
Secondary resistance: 174.8-202.7
Support: 106-122.6
We need to see if the price holds the price above the 60 SMA level.
To do so, it needs to be supported in the 122.6-129.0 section or higher.
- The Stoch RSI indicator is an indicator that can detect short-term fluctuations.
- The rise of the CCI indicator is likely to show an upward trend from a mid- to long-term perspective.
At the same time, when the Stoch RSI indicator and CCI indicator rise, more volatility appears.
The opposite is also true.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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BCH Potential ShortThe above trade idea is based on symbol BCHUSDT - Binance.
An alert has been set for the entry price.
Risk Management is always important. Let the trade come to you.
Stoploss(SL) 1% above entry. Take Profits(TP) at 1% increments.
First TP1 will have a higher percentage of take profit.
Do Techincal Analysis(TA) stick to your plan, let the trade come to you, and don't FOMO, if your plan does not come to fruition (not hit) then you have not lost any money, have a SL to ensure best practice so you can continue trading, journal your trade for self development and reflection.
BCHThe price held above the 100-200 EMAs and formed a bullish flag. Breaking the upper border will be a signal to continue the uptrend
