BCH.BTC (Prj.Y19.P2.E2).Buy ZoneIn short,
Many of the ALTs have reached what seems to be the bottom, and an expected bounce.
However we are not sure as we don't have enough data \ history to make this conclusion.
Many of the ALTs what I believe are still in the BEAR market and are still looking for the bottom, whereas BTC has and is in a bull trend\market.
BCH did well before BTC found its momentum. Question is will it do it again.
Hence my approach is, prove it and I will buy in.
I would like to see a day candle open and close at the target.
Cheers,
S.Sari / CryptoProspa
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Daily chart > 200 EMA to be overcome.
BCHBTC
BCHZ | Shark Pattern CompleteAvery Good Opportunity to trade BCHZ, Shark Pattern along with a strong daily and weekly resistance, RSI Over Bought
Good Luck
Bitcoin Cash is on the way to profit !Hello, dear Traders!
Monfex is at your service and today we overview BCH/BTC.
After the price had plummeted to the support line, a triangle formed. Near the triangle's resistance we have MA50 , the breakdown of which will be a confirmation of a bullish scenario to the next green resistance zones.
But there can also be an another script. By breakout the support line, you should sell BCH and consider it near the red support horizontal line.
Supposed Trade Signal by BCH/BTC
Buy by breakout 0.028
Take profit ~ 0.02884 && 0.03047
Stop loss at 0.02749
Market Cap
$4 720 995 136 USD
Volume (24h)
$3 313 549 822 USD
Circulating Supply
18 081 438 BCH
Share your thoughts, ideas about the market under the chart.
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GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
$BCH, Crossing above ~.028 sats level w/ increasing volume$BCH
Crossing above ~.028 sats level w/ slowly increasing volume...
On lower TFs we can see how this level is being flipped into support
UCTS Buy signals on the 12H & lower TFs
Above EMA50(green)
If it founds continuation, aiming for a ~.03 sats as 1st target (8%)
#BCH
Bitcoin Cash (BCHBTC) - Trade IdeaThis is a Mean Reversion trade idea. It is a rather rare trade for me, as I don't like holding mean reversion trades for long periods of time. As always, the idea is to buy low and sell at a higher price, close to the mean or fair price. In this longer term trade, target is a major S/R level for Bitcoin Cash. I will manage this trade accordingly and probably decrease risk earlier than target, depending on market behavior.
The low volatility, the price/momentum divergence, the R:R of the trade and the overall market behavior aligned for me to take this trade.
BCHBTC wants to start an uptrend, join this rocket.Nice mometum buildup on this daily that wants to play out.
- OBV bottom marked, still in a squeeze like most bigcaps.
- 6H kumo breakout.
- Conservative target (we all know how crazy crypto can go).
This, together with alllllllllot of big cap alts all look the same. The bitcoin dominance and Altcap/BTC charts are looking so juicy, that you can basically position yourself in any of them.
Happy bull season!
Bitcoin Cash (BCHZ19) Looking Bearish Short-TermBitcoin Cash (BCHZ19) woke up and started to produce some nice bullish action... But after each wave up comes a retrace and we are seeing it take place now.
BCHZ19 looks bearish short-term.
Make sure to hit like if you would like the full trade details for BCHZ19.
Previous trades | XRPU19 +200% of profits
Previous trade | EOSU19 +180%+ of profits
Thanks a lot for the continued support.
Namaste.
$BCH, Reached a new resistance at ~.033 sats and now is deciding$BCH
Reached a new resistance at ~.033 sats and now is deciding...
In any case, I'm waiting to have a retest of prev resistance (potential flip to support OR a breakout above resistance and retest w flip for a potential long position
Volume, RSI and UCTS are bullish.
#BCH
BCH: Perfect S&R Zones!..both for a bottom fishing trade, and for the future breakout.
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