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BCH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BCH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin cash (BCH) rose by as much as 6% on Tuesday, as bulls returned to the market following recent declines in price. After falling to a low of 181.38 to start the week, BCH/USD raced to a peak of 198.93 earlier in the day. This rally saw bitcoin cash snap a four-day losing streak, which pushed the price close to a support level of 180.00. it appears that this was the trigger bulls needed in order to return to the market. The 14-day relative strength index (RSI) also bounced at its own floor at the 35.00 mark and is now tracking at 37.58. Should today’s momentum extend through the rest of the week, there is a good chance that BCH will rise towards a critical resistance level of 220.00. 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
Long
by CryptoSanders9563
BCH/USDT is Ready For Bullish Rally | Bitcoin Cash Analysis💎Yello Paradisers! Get ready for an exhilarating journey with BCHUSDT. Right now, it's comfortably positioned in a demand zone, hinting at a potential bullish surge. 💎Currently, BCH is holding onto a crucial support level, moving within a specified boundary. A bearish order block has posed some challenges within this territory. 💎The momentum seems to be building, and there's a strong chance the price will break through the order block, aiming for the above supply zone. 💎However, if the bears take control and the price drops beneath the support, it might pave the way for a prime shorting scenario. 💎Stay tuned for more strategic trading insights from us! 🌴
Long
by MyCryptoParadise_Simon
BCH/USDT Potential Rejection And Continue Upward Movement Hello Paradisers, turn your attention to this token! 💎 BCH, also following BTC's sharp decline to $24k, has breached its demand zone. 💎Currently, BCH might rise to form a new leg before either continuing its descent or heading straight to the Bullish Order Block or untouched demand zone. 💎Typically, a fresh demand zone witnesses a strong bounce-back, given that it remains untapped. Such areas often house a significant number of buyers and accumulation activities.
by MyCryptoParadise_Nathan
BCH looks Strong here Break of the wedge soon Scalp BCH appears to be gaining strength, and a breakout from the wedge pattern might be imminent. 🚀 If you're looking for a short-term opportunity, consider a scalp trade here $BCH! After filling the fair value gap 226$ regained its previous monthly low resistance, which is a notable move. This could potentially indicate a shift in sentiment and strength. 1. NYSE:BCH seems to be forming a falling wedge pattern. Falling wedges are often considered bullish reversal patterns, suggesting that despite the name, they can lead to upward price movements. 2.📊 Detected RSI divergence on the 4-hour (4TF) chart for $BCH! 🚀 This divergence could indicate a significant shift in momentum and potential price movement. 3. 📊 Notable increase in trading volume for $BCH! 🚀 Strong volume often accompanies significant price movements, indicating increased market participation and potential momentum. Stay mindful of your entry and exit points, set stop-loss orders, and allocate only what you can afford to risk. 📊💼 #RiskManagement #LongPosition #SmartTrading #PreservingCapital
CRYPTO:BCHUSDLong
by SatoshiPremium
BCH/USDT Technical Analysis - Potential Breakout Ahead BCH/USDT Technical Analysis - Potential Breakout Ahead Hey Crypto Enthusiasts! Let's dive into an insightful technical analysis of the BCH/USDT trading pair, exploring recent trends and potential future moves for Bitcoin Cash (BCH) in the crypto market. June's Phenomenal Surge June was nothing short of thrilling for BCH holders, witnessing an incredible 260% surge in the BCH/USDT pair. This exhilarating jump has captured the attention of traders and investors, sparking curiosity about the path BCH might take next. Spotting Bullish Signals The current scenario hints at the formation of a bullish flag pattern in higher time frames. This pattern often acts as a signal for a continuation of the previous uptrend, suggesting the potential for more upward movement. However, remember that retracements are an integral part of the market cycle and should be anticipated. Resistance and Support Levels Right now, BCH/USDT is trading within the resistance range of $240 to $250. This zone is pivotal as it represents a battleground between buyers and sellers. Should the price breach the $250 mark, BCH could eye levels such as $300, $400, and even $500. On the flip side, if the $250 resistance holds, we might see a retracement. In this scenario, the support level to watch is at $186. A dip to this level could provide a healthy correction and set the stage for the next bullish leg. Breakout and Targets The make-or-break point for BCH/USDT is at $250. A clean breakthrough here could unleash BCH's potential to explore $300, $400, and $500. Keep a close watch on this level, as sustained movement beyond it might herald a new bullish phase. Key Levels Recap Support: $186 Resistance: $250, $309, $400, $500 Remember: Cryptocurrency markets are known for their volatility. This analysis is purely informative and not financial advice. Always conduct thorough research or consult a financial advisor before making investment decisions. Stay tuned for more updates!
Long
by CryptoPatel
BCH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BCH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin cash (BCH) rose by as much as 5% to start the week, despite the wider market mostly trading lower. BCH/USD jumped to a peak of 242.29 earlier in today’s session, following an earlier low of 219.27. The move came after BCH briefly broke out of a support point at 220.00, with traders swooping in to buy the dip. Another catalyst to the surge appears to be the 14-day relative strength index (RSI) moving past a ceiling of 48.00. Currently, price strength is tracking at 49.48, which is marginally below the next point of resistance at 50.00. In the event this level is breached, there is a strong possibility that BCH could move towards 260.00. 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
Long
by CryptoSanders9563
2
BCH BitcoinCash Bullish longBitcoin Cash (BCH) soars in value thanks to surge in crypto trading volume in South Korea Bitcoin Cash (BCH) has seen a significant surge in value, crossing the $300 mark, fuelled by rising crypto trading volumes in South Korea. The BCH/KRW exchange pair listed on Upbit, one of South Korea’s largest digital asset exchanges, saw a trading volume of $557.63 million in the last 24 hours. This volume is nearly 3.5 times greater than the BTC/KRW pair on Upbit and 5.5 times greater than the BCH/USD volume on Coinbase, a Nasdaq-listed exchange. However the recent BCH rally may be driven by speculative motivations rather than underlying fundamentals. Strategy Bullish 3Lots 2 Lots will be excecuted at Profit Target Zones 1Lot will follow the Trend It will be only!!! excecuted ,if Bullish Trend changes The stops will be delivered as soon as possible to break even,better some pips above the Buyinh price I have marked my profit targets Psychology: 1:The price is always right 2The Market is alwas right 3 The Chart is always right 4 IGNORE THE NEWS; Plan your trades and trade your plan. 5Drawdowns are partof the game 6 Risk management and money mangement is King! 7 wHATEVER HAPPENS;sTICK TO YOUR PLAN! 8 In a bear market no price is weak enough 9 In a bull market no price is strong enough 10 Patience !Wait for confirmation: Control emotions and tensions.
CAPITALCOM:BCHUSDLong
by DaveBrascoFX
2
BCH rally update!Hey friends hope you are well, and welcome to the new update on Bitcoin Cash (BCH). Falling wedge breakout: On a weekly time frame, the 15th largest cryptocurrency has broken out a falling wedge pattern. Big symmetrical triangle: After the breakout Bitcoin Cash was not able to continue the rally because of a resistance of big symmetrical triangle. Bull flag: On a daily time frame, priceline of BCH has formed a bull flag and target for this bull flag is almost $1000. Conclusion: Bitcoin Cash has broken out two major resistance levels of a falling wedge, and a big symmetrical triangle. Now the bull flag formation is signaling to the continuation of the rally.
Long
by moon333
2
BCH/USDT will probably go out of the banner shock!BCH/USDT will probably go out of the banner shock! 🚀📈 Exciting News! 📉🚀 📉 BCH/USDT has recently experienced 5 consecutive days of slight decline, indicating the release of short selling momentum. But wait, there's more! 📈 The positive trend is pulling up, showing signs of a potential upward surge! 💹 💪 With the closest support around 225.04 (June 29, 2023 opening price), the outlook is promising for potential rebounds! 📊 🚩 Get ready for a flag-shaped oscillation pattern ahead, offering opportunities for both short-term traders and long-term investors! 📈🚩 🌟 Don't miss out on this golden opportunity! Stay tuned for potential profits as BCH/USDT prepares for exciting price movements! #BCH #USDT #ForexTrading
by Think_More
$BCH Ready for next move upI’ve been watching SET:BCH closely and it has become extremely bullish but also people are HODLing harder than ever. There is a noticeable decrease in selling pressure after the 250% gains, and I believe we are primed for an increase in buying pressure and volume. Fibs will show levels SET:BCH can touch, although, it is holding very strong so it may never see them. I have ghost candles showing my prediction with a move upwards towards $420. NFA, DYOR HELPME.CASH TWITTER.COM/AYYFEZZ
COINBASE:BCHUSDLong
by immediateDirec31479