BCH
Bitcoin Cash Strong Breakout Confirmed by VolumeWe can see a strong bullish breakout happening today for Bitcoin Cash, BCHBTC, as prices move above EMA10/50/100...
This breakout is confirmed by good volume, which will continue to increase before the day closes.
The targets are mapped on the chart.
Namaste.
BCH / USD Main trend. Channel. 1 week.Main trend. Term 1 week. From the breakdown of the big triangle, the pumping is more + 500% Rollback. As a result, a channel was formed. Work in it. The potential is very significant.
Under the idea, I consolidated my ideas of working on this coin over the past year, both medium-term and local in nature.
BCH/USD Mid-term work in the channel.
BCH 1WAn uptrend line is a straight line drawn upward to the right that connects 2 or more low points. The second low must be higher than the first for the line to have an upward incline. Uptrend lines act as support and indicate that there is more demand than supply, even as the price rises.
entry after retest uptrend line.
A retest refers to prices reversing direction after a break and returning to the breakout level to see if it will hold.
Bitcoin Cash can reach 400-420$BCH has started a Bullish Trend & we can See an Ascending Channel On The Chart. The Price is gonna Need to Decrease a little more For it would Become Ready to Ascend Further. a Support Stands at 300$ .This Should be a Good Point for Price to React to & Continue The Bullish Movement From There.There is also a Hidden Bullish Divergence (+HD) on MACD which Means There is a High Bullish Chance For BitcoinCash! The Price can Increase up to 400-420$ for now.
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Thank you for seeing idea .
Have a nice day and Good luck
BCH Bitcoin Cash: 1D & 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1D and 1M linear scale chart for Bitcoin Cash (BCHUSD).
See the Bitcoin Cash price on the 1M (left chart) and 1D (right chart). On the 1D chart there is a ascending triangle bull flag forming with the measured move around the 0.50 Fibonacci Retracement area (on 1M chart). 200 SMA, RSI, and Ichimoku Cloud are included in the analysis.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BCHUSDT - Long Setup!
BCHUSDT (1D Chart) Technical analysis
BCHUSDT (1D Chart) Currently trading at $360
Buy level: Above $361
Stop loss: Below $270
Target 1: $400
Target 2: $452
Target 3: 529
Target 4: $650
Max Leverage 2x / Spot Market
Always keep Stop loss
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Bulls are again attempting to push through $360-levelBitcoin Cash coin approaching the crucial supply zone after drawing the triple bottom formation over the daily price chart.
Bitcoin Cash reclaimed 8% market capitalization, which is now at $6,74 Billion.
The daily bitcoin cash price EMA ribbon as seen above the red ribbon of the indicator supports a bullish trend but the digital asset price is still below the 200-EMA (yellow). Moreover, Stoch RSI is looking flat in the overbought area concerning the regular price graph. Nevertheless, the Average Directional Index shows a slightly bullish trend for the Bitcoin Cash coin.
It looks like Bitcoin Cash holders don't want to miss out on a buying opportunity and may be able to jump the crypto price above the supply zone. On the other hand, if they fail to go up, they may again face a pullback.
Support level - $300 and $280
Resistance level - $360 and $470
Bitcoin Cash (BCH) Sell ZoneBitcoin Cash (BCH) Sell Zone
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BIAS
Mid-Term : Neutral
Long-Term : Bullish
Risk : High
Short-term scalping and expecting a formed bearish pattern, currently its facing out the mid-term resistance zone which is potential reversal zone of it.
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$BCH/USDT SHORT SETUP
Leverage : x3 - x5
Entry Price : 324 - 335
TP 1 : 320
TP 2 : 315.75
TP 3 : 310
TP 4 : 306
TP 5 : 301.2
TP 6 : 295.5
TP 7 : 292
TP 8 : 287
Stop Loss : 344.44
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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#BCHUSDT looks prime for 500% Rally!Welcome to this quick BCH/USDT 1day analysis in the chart.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-#BCH/USDT looks triangle pattern create and 500% Rally confirms and long term hold!
Entry:-$262
$317
Target:- 400% TO 500%
Stoploss:-$210
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of BCH in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
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