Bitcoin Cash 💶 Analysis #12/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
BCH has been stuck inside a big range between the 100.0 support and 150.0 resistance.
Now BCH is approaching the lower bound / support zone so we will be looking for buy setups on lower timeframes
Moreover, the red trendline is acting as a non-horizontal support.
🏹 So the highlighted blue arrow is a strong area to look for buy setups as it is the intersection of the blue 100 support and red trendline.
As per my trading style:
As BCH approaches the lower blue arrow, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BCH
Nibbled into Altcoins, AVAX, MLN, ADA, SPEEL & more1st few days of March we made it CLEAR something was amiss. We pointed out that $BTC had broken it's uptrend & intraday there were irregularities.
We couldn't pinpoint what it was. Only that something was not right.
We raised a ton of cash & have been nibbling here & there but nothing major. Unloaded more few days later.
Here's small list of #crypto #altcoins with good buy volume vs sell, TODAY, & have REVERSALS.
$AVAX
$MLN
$MANA
$TRU
$SPELL
$SHIB
$INJ
$JASMY
$BCH
To name a few
Bitcoin Cash BCH Price Targets after the FSB meeting The Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Bitcoin Cash BCH are:
BCH/USDT short
Entry Range: $147 - 153
Price Target 1: $138
Price Target 2: $119
Price Target 3: $110
Stop Loss: $171
BCH/USD 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BCH/USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin cash (BCH) surged to a fresh multi-month high on Tuesday, despite sentiment in crypto markets turning bearish.
Following a low of $143.19 to start the week, BCH/USD moved to an intraday high of $152.71 in today’s session.
As a result of this surge, bitcoin cash moved to its highest point since July 31, which is the last time price was above $150.00.
Overall, BCH is up nearly 20% in the last seven days, with today’s gains following a breakout on the relative strength index (RSI).
Price strength moved beyond a ceiling at 68.00, and at the time of writing, is tracking at 69.88.
Despite the next visible ceiling being at 71.00, earlier gains have begun to ease, with bulls opting to secure profits.
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
#BCHUSD - Consolidation has Finished, Now Let's Pump!#BitcoinCash has clearly finished it's consolidation phase for the last part of 2022 going into the start of 2023, with a huge Long trade breaking several smaller resistance levels.
Now we're looking for #BCH to bust through one final level of resistance and give us another massive trade of
up to 80%
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Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
Crypto Tipster v2 by theCrypster
BCH: BREAKOUT POSSIBLITYIn recent times, it appears that the trends in China have generated an increased interest in BCH. We will continue to monitor the future trends of BCH to determine if it has the potential to break out.
Depending on the perspective of the analysis, there is a possibility that BCH may experience a breakout in the coming time.
NEO and BCH are of the trend coins in china since the last HK trends.
Intrigued by BCH HereFinding myself intrigued by Bitcoin Cash.
We recently hit bottom a 2nd time and have thus far begun moving up, breaking out of a small falling wedge (on the non-log daily chart, the logarithmic weekly chart is what is pictured above, but it still has the wedge and targets from the daily non-log chart).
Why am I intrigued, outside of a potential double bottom? Bitcoin Cash was a fork of the original Bitcoin code, meaning original adopters and/or owners of Bitcoin at the time received an equivalent amount of Bitcoin Cash. Many of them were made wealthy from Bitcoin. It would seem to me, if I were in their position - I would have a vested interest in seeing Bitcoin Cash make a comeback, if even just briefly enough to make some returns on an essentially free investment.
On the chart - interim daily falling wedge targets, boith still under $200.
For weekly / long-term - get through and hold above the first red resistance area to make it to the next one above it - that happens, the double-bottom comes into play.
✳️ Bitcoin Cash vs BTC | The AltCOINS RaceThis was going to be in the fast ALTSBTC series but the signals are not as strong, which actually means that it is still early.
We have a perfect ABC correction that went beyond 0.786 Fib. retracement. In English, this is positive.
Today alone BCHBTC breaks EMA21 and challenging EMA50, the signal only confirms when the day closes.
A strong RSI at support is a very strong bullish signal...
And well, the rest of the ALTSBTC pairs are growing by leaps and bounds... This one is set to join the race.
Something like Coinraces .
Namaste.
✴️ 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.
Another Reason to look at BCHFalling wedge broke out a good while back but has yet to make a strong move up towards measured targets, as shown above on the 3 day chart.
Also:
- The long sideways movement is typical of accumulation prior to a stronger move.
- MACD has been diverging the entire way down,
- RSI has been diverging as well, and more recently stronger divergence.
Hitting both targets would provide nearly 1100% gains vs. Bitcoin from current price if this plays out:
Related idea here:
#BCHBTC - Large Triangle Closing - Still Room to Trade!We can see this clearly defined symmetrical triangle acting as both support and resistance for #BCH coming to an end pretty soon - but there's still time for another trade!
Coming off a healthy Short trade into a touch of confusion followed by our current Buy signal from CTv2, there's room in this wedge for another 10% Long trade. What do you guys think?
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
🟢 BCHUSDT - 1H (04.02.2023)🟢 BCHUSDT
TF: 1H
Side: Long
TP 1: $138.66
TP 2: $139.60
TP 3: $140.54
Here we have a very clean chart. First we notice that my usual 38.2% fib level has already been tested, so next we target the 61.8% fib level.
$135.63 is a good support level currently. And I believe that it will provide enough power to launch towards my target of $140.54.
$4M #BCH - Wave 3/5ALTCOIN SEASON may have arrived.
BCH might be repeating 2017.
Will BCH FLEX to the 3.618FIB, AGAIN?
A Quick touch to the 0.702FIB, retrace to 0.236, then a parabolic WAVE 3 push ABOVE the 2.618FIB and wave 5 for the 3.618FIB test, and a 95% retrace from there.
BCH Wave 5 is historically very small.
$100 = $2.9M
Good Luck Traders!