BCHBTC
BCH ANALYSIS (SHORT THE TOP!)BCH ANALYSIS
BCH has been ranging inside an upward channel for some time. I expect this to be the top, as a bearish divergence had formed on the daily form the past top and this current top. I expect the channel to break down and would recommend a short from this position. Looking for drop back to channel bottom trend at T1 of .03125. The breakdown of the channel would bring in the next target profit of T2 at .0301 and on to the final target at the hanging 50 MA at T3 of .0285. The daily resistance should hold and BCH should see a retrace outside of the upward channel. STOCH has been bearish since before the recent pump and RSI is fading. Expect the retrace to come over the weekend and into next week.
Possible Short Entries: .0323
Bitcoin Cash and Bitcoin analisisIn this video I will talk about Bitcoin Cash which is giving us a bullish indication and how we can enjoy it in a safe way and I will talk about the moment of Bitcoin and where is the perfect moment to buy it.
See you guys, have a good day.
Best Regards, Sandro and Gustavo.
BCHBTC Short Position Target Achived within few DaysBCHBTC Now Trading bellow 0.029 BTC.
And I told you many Time for Short at 0.03150 BTC
and Price exactly hit Our Target point and our position entry filled.
My entry was 0.03146 BTC and now I closed my 70% position.
still looking bearish BCHBTC.
my Target for BCHBTC is 0.025BTC.
but keep in mind one think.
if 0.025 BTC level break down then free fall till 0.020 BTc.
I will buy here for new entry if follow this chart.
otherwise I will update you each and every Scenario.
BCH/BTC TA Update (Temporary Top?)BCH/BTC
BCH reached the target zone and now facing a potential pullback to retest on previous resistance to turn into new support between 0.02929 - 0.02838 regions.
After BCH reached overbought condition after quite some time, the price immediately reacted and reversing back to a normal level.
BCH may have to consolidate and find new support to continue its uptrend in the mid-term.
Bitcoin Cash (ABC) Mapped Out W/ Long-Term Targets To 1400%+Good Friday my fellow cryptocurrency trader.
Here I have the Bitcoin Cash ABC (BCHBTC) chart for you on the daily and weekly timeframes.
The main chart above is the daily (D) timeframe
On this chart, we can see that BCHBTC hit a low in Mid-July '19. This same low has been maintained.
BCHBTC has been consolidating trading sideways since then.
EMA10 is now being challenged and a strong bullish move can follow next. This is based on market cycles, experience and early signals coming from the charts.
Strong bullish divergence can be spotted with the MACD and RSI.
Now let's continue with the weekly (W) chart for Bitcoin Cash ABC (BCHBTC):
Notice that the late December '18 support has been hit. When this level was hit last year it led to a 185%+ bullish move. BCHBTC is now trading within these same levels.
On this chart you can find the main Fib. targets as well as the All-Time High profits potential projections.
This will be all, for now, to keep it simple.
Remember that we are active with this pair with leverage as well with an easy target of 111% potential profits, you can find the chart below:
Thanks a lot for reading.
Namaste.
Bitcoin Cash BCHBTC Technical AnalysisBitcoin Cash btc pair Bullish before some days.
And 21% Up within last Week.
why it was pumped.
Because in daily candle Cup and Handle pattern work very well.
And still My Target of Bitcoin cash is 0.03150-0.03250BTC.
if this happened then I will short from there.
And My Target will be 2%-4%.
mean 0.02850-0.02900BTC.
Keep an eye on Chart and Also eye on MACD and RSI.
I will share my all update on Twitter instant.
and BCH now First coin Breakout upward side.
New crypto king around the corner?Hello Traders!
Bitcoin Cash become more and more interesting for me... After accumulation phase now he has a chance to get out from range market and attack important targets. Succesful kumo breakout followed with chikou can make a way for some new uptrend, RSI confim that the move is strong.
levels to look for:
* 0.033031
** 0.030694
Roger out.
Bitcoin Cash (BCHH20) | It Is Time To Retrace (6X Lev.)We are active with Bitcoin Cash (BCHH20) with leverage on this drop. We are aiming at the 0.618 or 0.786 Fib. retracement support.
I won't detail the chart signals for this one as this is for experienced/advanced traders only.
Beginners tips
Avoid leveraged/margin trading.
Start simple (Buy and hold to later sell for-profits).
Study, practice, take your time and don't start you feel that you are 100% ready to get started. You can also learn on the as you go.
Invest time and energy in what you are doing to produce the results that you want.
Hit LIKE to show your support and come back for more.
Namaste.
BCH/BTC TA Update (Bullish Trend-change?)BCH/BTC
BCH broke bullish after trading outside the trend-line resistance. We can see an EMA cross of 12 & 26 on the Daily time-frame.
This will signal an early sign of momentum change to the upside. I expect BCH to cool down a bit as the price is extended during its breakout.
A retest of the EMAs and immediate support between 0.382 and 0.236 regions.
The roaring 20'sBitcoin cash has formed a massive falling wedge, this falling wedge may lead to major upsides as a result of its size. A 0.5 fib extension is the target for this falling wedge. The support range should be a place for SL if the falling wedge breaks down, however caution when doing this as falling wedges may break down just to climb back up further than the wedge. Bitcoin cash has seen many ATMs pop up around the world, this growth is expected to continue.
BCH/BTC TA Update (Painting a Bear Flag?)BCH/BTC
BCH broke the support area between 2690000 - 2630000 sats and currently struggling to get above the old support.
If Bitcoin Cash is unable to get above 270000 sats, I expect further downside to retest the old swing low at 240000 sats regions.
Though RSI is too extended below oversold conditions, we might see a pullback to the upside.