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
BCHUSD Potential for Bullish Continuation | 22nd July 2022
On the H4, with price moving in an ascending trendline and above ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 126.53 where is the swing low support to our take profit at 131.4, where is the swing high. Alternatively, the price may break the resistance structure at the buy entry and drop to the stop loss at 119.00, which is in line with the 38.2% fibonacci retracement.
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Bitcoin Cash Goes Bullish | Similar To Ethereum Classic When... Bullish consolidation is taking place on the Bitcoin Cash (BCHUSDT) chart as we have 6 consecutive days closing green.
The RSI is strong above 55 while prices remain near support.
Having a strong RSI near support is a very strong signal.
When Bitcoin Cash starts to go it goes...
Just like what we are seeing with Ethereum Classic and Polygon.
If you would like to know/learn how to spot a reversal before it happens, you can go back to all the charts we shared earlier this month and June, there we expose all of the chart signals that lead to the current price dynamics.
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Bitcoin Cash: Strong Downtrend (Possible Gap Lower)The Williams Alligator moving averages have fanned open, indicative of strong bearish momentum.
Looking at the chart, there is a likelihood that BCH (and all other cryptocurrencies) are about to gap lower. If this occurs, we're looking to short BCH down to $64.
Bitcoin Cash 165% Target On 10X Lev. (Over 1500% Potential)We have the Bitcoin Cash (BCHUSD) trading pair before the bullish signals are really in, we are early...
Notice the marked candle, 30-June.
This is a reversal candle.
Now, after the reversal signal how do we know if there will be follow up?
Notice the immense volume yesterday...
Can you see it?
That huge green volume bar is the confirmation.
We see BCHUSD growing.
We are active with 10X.
165% total growth on 10X can lead to 1500%+.
Remember, this is not financial advice.
We only share what we see coming from the charts.
Leveraged trading is ultra-high risk.
We recommend spot trading only unless you are an expert.
Thanks a lot for your continued support and remember to leave a comment if you have any questions.
Namaste.
Recurring Pre-emptive Moonshot StructureThis structure is all over the place LTC, LINK, Bitcoin Cash and these two, Status (SNT) and NEO
I am assuming it is a pre-emptive bull moonshot structure, so all these coins can moon at the same time
Observational post
Links into one of my previous posts below
Will Bitcoin Cash see $25.00?BCH has always followed in the foot steps of Bitcoin rightfully so consider BCH is a soft fork of Bitcoin itself, hence the name Bitcoin Cash. Over this past cycle Bitcoin Cash has managed to perform above average in my opinion. I am one of those people whom believes that BCH will follow the price of Bitcoin itself and will one day be worth over $20K although that depends heavily upon financial regulations that could unfortunately put an end to BCH, an highly unlikely scenario, but none the less could happen.
Now the purpose of this chart is to show the major downward angles and how BCH is building them into support. It appears as if we have made it out of a strong resistance barrier. Although we are hovering around $101.20 as of the time of writing this. I am not to optimistic about the price of #BCH at this moment I am eye balling the low at around $25 to $75
We can see on the chart that BCH seems to be stuck below the $103.00 resistance level and is looking to take a leg lower. I am going to go out on a limb here and say that Bitcoin Cash will be dropping some time before Wednesday. I normally don't throw a day out like this, but I feel confident saying that considering all the charts and news that I have reviewed recently.
I also have a nice buy order set up below $25 In my opinion if Bitcoin takes this next leg down as I have been expecting than we will see Bitcoin Cash do the same as well. When this happens Bitcoin Cash should bottom out as well. When Bitcoin itself was around this point age wise on a lot of exchanges the price dropped to .01 cents for a moment. I would of liked to have bought #Bitcoin at that price, but I didn't get a chance to.
Important BCH Support BoxHello to all members of TradingView and my followers.
BCH recorded its 11th consecutive weekly bearish candle last week, with a minus 9% drop.
As long as the price remains within the support range of $103-$93.6 and the market trend breaks out of bearish mode, there is potential for the price to rise rapidly within the current range.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
BCH The Forgotten SoldierBCH is the first fork of btc with a real world usecase. Fast transactions, adoption, you can buy/pay with it, etc.
Right now we have Bitcoin Cash at the major support and ATL of 2018.
Weekly RSI at 25, I expect a bounce once Dxy, spx, nasdaq and btc bottoms.
It has a chance to go at 80$ and lower if bitcoin goes sub 17k of course.
Starting to accumulate BCH at 100$ and below. It will have its pump day.
BCH Breaking Down a Descending Triangle and Losing to LitecoinThe LTCBCH pair has been showing signs of bullishness for many months now and in that time LTC has rallied while BCH has gone down and stood still now we see here BCH is breaking down a descending triangle while LTC is still trading near the highs of the rally. I expect that we may see BCH meet Litecoin halfway and come down near the $30-$65 price range as LTC either slowly goes down and consolidates or as LTC potentially goes up and surpasses BCH.
BCHHello everyone, today I sorted out the BCH coin, this pair made good savings, and now it is under the resistance line, I don’t see the reaction now, I will take it on the demolition of stops, I showed it in more detail on the chart, I also noted the level where there will already be violations of the scenario, I will throw a limit wait for a reaction. Have a nice day and trading