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BCH

BCH - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. BCH is sitting around a strong support zone in green so we will be looking for buy setups. on DAILY: BCH is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, BCH would be overall bearish can still trade lower till the lower green support before going up. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:BCHUSDLong
by TheSignalyst
11
BCHUSD will shine soonBCHUSD currently is back into the accumulation zone. Don´t get fooled by haters. BCH is not dead. Currently very oversold RSI We expect a few weeks of accumulation and in 2022 a huge uptrend. This analysis will upset many haters but we expect the final target between 10k and 15k USD. not only BCH will do well but also other dino coins such as XLM , XRP, DASH and many more. ETCUSD already in April and May 2021 showed us what dino coins can do when they are in a prolonged accumulation. We expect similar move for other dino coins. Patience is a key. No financial advice
COINBASE:BCHUSDLong
by vf_investment
2
BCH Resets its Would-Be 5th Wave Rally with PullbackWith our crypto crash last week, Bitcoin Cash invalidated its PURPLE primary pattern with the break of 386.59. This means that our larger Wave 4 correction that started after the May 2021 peak had been continuing all this time with that purple subwave (i) actually being a fake-out rally! Therefore, the GREEN pattern is now primary, and it has the entire 4th wave pullback identified as a double-zigzag (since the would-be C-wave is actually an ABC zigzag down, now labeled as 'Y'). It is not clear if the pullback is done yet, and we may see a slightly lower low to the 0.618 extension of our W-wave which would fall at about 324.07 on the chart. (FYI, there should have been a RED alt pattern on this chart as I had on all my other crypto charts... Point is now moot as GREEN has supplanted this.) So what's the good news despite all this doom and gloom?! BCH has a clean slate on where it can go next. Without 1-2 setup present, we can't make a clear projection yet on where the top should go, so I've added the big green box as our rough target zone. This falls within the 0.382-0.618 extension range of our larger 3-4, a common Fibonacci proportion; this is 1139-2370. However, as I'm interpreting the larger pattern starting from the Dec 2018 bottom as a diagonal, I'd expect the 5th wave to extend to somewhere between the 1.382 and 1.618 extensions of the larger 1-2. While the lower end of this range falls within the green box, the upper end falls at 3181! So yes, there's a puncher's chance we make it that high! I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels. #bitcoincash #bitcoin #cryptocurrency #bitcoinmining #bitcoinnews
KRAKEN:BCHUSDLong
by Critique-al-Thinker
BCH at Bottom of Trading Range / Buy Low Sell High / DailyThe big picture of Bitcoin Cash is trading range phase. Best strategy in range markets is to buy low and sell high. Now we are near the bottom of daily trading range, and also bottom of bear broad channel ( 3nd pushed down ). So cheap price to buy currently. As long as we are above the daily bull trendline + Support Zone ( $405-$445 ), you can buy. Below this prices market will be bearish. Targets after breaking the bear dynamic trendline: 1) Touching the bear trendline ( Top of Channel ) 2) Resistance Zone ( $749-$773 ) Breaking this resistance and consolidate above this zone, then higher prices will be expected. **This is not an investment advice. Your capital might be at risk.** Give me your idea on comments... Good Luck...
Long
by AmirSoraya
Don't panic!Well, well, well. We are now experiencing an emotional and confusing market. The performance of traders in this situation is very important. The market trend will be in the range in the next few days. We have to wait a few days for the market to return. Fear of further market collapse will lead to the sale of cryptocurrencies and regret in the coming days. If you are a holder, do not be afraid at all, we will return to the previous and higher points in the medium term. If you are a trader and did not use Stoploss, do not sell your coins at these low prices. By being in the pullback, higher exit points will soon be created.
by MonoCoinSignal
9