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BCH

Bitcoin (Interesting global scenario)Today I found a very interesting global scenario but, please do not take it seriously just keep in mind. Scenario 1 This scenario have a high probability. It is the same as the scenario from the previous analysis. We can see that the Support and Resistance lines formed the Broadening Bottom formation. We supposed that the price can find the support at the Midline ($36000-$37000) and break the Resistance to the upside with the price target $50000. Scenario 2 In my opinion this scenario is much more interesting. We can see the huge falling wedge which is formed by the Historical Resistance Trendline and Support. This formation predicts the price decline to $21000. Here we have the very amazing coincidence. The Historical Support Trendline, which began at the COVID-19 Dump. It is very strong interest zone. According to this scenario the $20000 can be the Bottom for this bear market.
by MonoCoinSignal
3
💡Don't miss the great buy opportunity in BCHBTCTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.01371). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BCHBTC is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 63. Take Profits: TP1= @ 0.01447 TP2= @ 0.01523 TP3= @ 0.01608 TP4= @ 0.01810 TP5= @ 0.01961 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
14
💡Don't miss the great buy opportunity in BCHBTCTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.01371). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BCHBTC is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 62. Take Profits: TP1= @ 0.01447 TP2= @ 0.01523 TP3= @ 0.01608 TP4= @ 0.01810 TP5= @ 0.01961 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
BITCOIN CASH SHOWS INTERESTING TRENDSHello trading friends, Bitcoin cash shows interesting trends also in a time when bitcoin breakdown, what means this for coming time. we could see a BCH what increases to the target of 600 usd+ Know that this is trading and if bitcoin breakdown huge - that this will affect most of the coins. but the TA of BCH looks at this moment good. ✅Like and subscribe to not miss a new idea!✅ Thank you # Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect All our charts are not advice and you are responsible for your own investment
Long
by watchtrend
4
ETH AnalysisAs you know, hardfork London will come soon and many analytics say that the position of Ethereum will strengthen. Moreover, many say that capitalisation of it will become many times bigger. However, let’s have a look at the chart and speak about technicals. Well, as you can see, there is a strong uptrend. Keltner Channel plays role of s strong support. Moreover, it respects Regression Chanel. However, the trend may reverse on many reasons, thus it’s important to take in account the possibility of trend reverse. Judging by all these arguments I see two scenarios. Scenario A: The price will continue to retrace up to the “golden pocket”. Therefore, it’ll continue to respect the regression Channel. Scenario B: The price will reverse and go even lower, than it’s now. In my opinion the first scenario is more probable cause the update of Ethereum seems to be really great. However, the market may give us a surprise.
by MonoCoinSignal
2
BTC (UPDATE)Last weekend, the bulls tested the 50% Fibo level (42447.90) twice, but the volume of purchases failed to increase, therefore, it was not possible to break above this resistance. On the first day of August, the bitcoin price marked a two-month high around 42615, and this morning the pair has pulled back below forty thousand.Around 39500, the decline has slowed down and buyers are trying to restore the price, but the volumes are still below average, so at the beginning of this week the decline may continue to the 38.2% Fibonacci level (37150.24). If you liked my idea, follow me for more.
by MonoCoinSignal
2
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 strong support in green so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H4: BCH is forming an inverse head and shoulders pattern but it is still an idea. so we are waiting for the right shoulder to form to consider it valid. (projection in purple) Trigger => Waiting for the right shoulder to form and then buy after a momentum candle close above the gray neckline. Meanwhile, until the buy is activated, BCH would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:BCHUSDLong
by TheSignalyst
24
BTC/USDTBTC once again trading above $40000 After the Amazon FUD drop (which we told you wouldn’t take longer than a day to be bought back up) BTC has broken once again above our new POC (Point Of Control) at $38735 and reached our golden resistance at $40000 Buyer are gaining strength every single second, and they’re likely pushing price much higher in the next 3 days. Our most important short term support for now lies at $38715 while our most important mid/long term support has become $34000 (a level we shouldn’t even get near to if we are to go higher)
by MonoCoinSignal
13
BTC (UPDATE)What a massive pump it was! We made +25% profit at the top point. The strong resistance of $36000 was easily broken and now BTC trades above the $38000 support. The priority is bullish as long as the price remains above the $36000 support. The next strong resistance is located at the $40000 - $41000 zone. Want to remind you that if we see a dump below the $36000 support and closure below it, the upwards scenario will be ruined. There are still some chances that it was just a massive SHORT squeeze (especially if take a look at the Binance Futures huge upward shadow).
by MonoCoinSignal
10
THE TOP 3 COINS FOR COMING TIME - BCH SKL BTC - TO THE MOON!Hello trading friends, This is our TOP 3 coins for the coming time. Skale network - Bitcoin - Bitcoin cash This coins choice by trend study and market analysis depending on the high whale tool including trends and historical data. this is an expecting trend, as you know there is noting called 100% into crypto - but we have high expectations. for live trends, we will update coming time the market directly show for these top 3 coins. We expect an increasing trend on all these 3 coins. Skale network - did hit before 1 USD - have huge interesting targets. Bch did increase into short term above 1200 USD with the good interesting trend by roger ver and market show. BTC, The main target 33800+ These is our top coins. Manage your risk, and have a great time. Follow and like to stay always update us new chart upload. Thank you
Long
by watchtrend
BCH's Double Bottom will Lead to....Bitcoin Cash (BCH) was trading back near the $382 low but the price failed to break below and is now in the process of developing a double bottom pattern. If BCH’s moves continue to be supported above the $382 support level, this temporary bottom can provide more fuel to the bulls. Downward Sloping Trendline The bulls need to overcome the downward sloping trendline that connects a series of highs starting from May’s high of $810. A daily break and close above this trendline can cement the bullish trade signal. To the upside, the first level of interest comes at the $550 resistance level, followed by $760. A daily close above the big psychological number of $550 can open up the door for more upside. However, at the same time, we should not forget that the current bearish cycle in the cryptocurrency market is not over yet, and rallies tend to be short-lived. RSI Momentum Readings RSI oscillator continues to print negative momentum readings below the mid-level 50. The bearish momentum readings suggest that the current rally still lacks momentum, so bulls need to remain cautious. A break above the RSI mid-level 50 can confirm a shift in the momentum direction.
COINBASE:BCHUSDLong
by cryptohopper