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BCHBTC

💡Don't miss the great buy opportunity in BCHBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.0196). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BCHBTC is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. Take Profits: TP1= @ 0.0236 TP2= @ 0.0265 TP3= @ 0.0298 TP4= @ 0.0326 TP5= @ 0.0340 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
BCH/BTC 165% pure profit and still expecting huge profit#BCH/BTC Profit Update:- #BCH currently trading at 0.0215 BTC And went upto 0.02240 BTC It’s almost 165% profit from our bottom entry zone. Now..? Still BCH is bullish and I am expecting 0.04 BTC is my initial target. Entry:- 0.0094 BTC ✅ TP1:- 0.0156 BTC ✅ TP2:- 0.020 BTC ✅ TP3:- 0.025 BTC pending TPs :- Also pending Hope you enjoying my one more huge profit call. Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
6
Bitcoin cash (BCH) - May 4Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BCHUSD 1W chart) (1D chart) We have to see if we can get support at 991.62 and move above 1106.01. If it falls, we need to see if it can rise along the uptrend line. If you fall between 785.84-865.88, you need a short stop loss. If it falls at 661.97, you need a Stop Loss to preserve profit or loss. However, it may rise along the uptrend line, so careful trading is necessary. The next volatility period is around May 21st. ------------------------------------- (BCHBTC 1W chart) (1D chart) We have to see if we can ascend above the 18005 Satoshi point. If it falls, we need to make sure we get support in the 15481 Satoshi-16112 Satoshi section. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Market price at the time of opening (Example) Gap (G1-G2)
KRAKEN:BCHUSD
by readCrypto
BCH - Ready For Higher HighHi, this is my new update for BCH. Last week we backtested the support level $700 and we broke below the trendline something that scared a lot of people (it was a normal shakeout), but now we are above it again. We broke the resistance $880 and we got a good confirmation yesterday that we have broken the resistance $1000 too. Now I expect we are going to break the next high $1150 like Ethereum Classic. If break it the next resistance is around $1300, so be patient and don’t PANIC ;)
BITSTAMP:BCHUSDLong
by GOAT1375
Bitcoin Cash (BCH) - April 24Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (BCHUSD 1W chart) (1D chart) We'll have to see if we can get support from 785.84-865.88 and climb along the uptrend line. If you go down at 785.84, you need a short stop loss. However, you can touch the 661.97 point and go up, so you need to trade carefully. If it falls at 556.08, you need a Stop Loss to preserve your profit and loss. However, it may rise along the uptrend line, so careful trading is necessary. ----------------------------------- (BCHBTC 1D chart) We have to see if we can get support and climb at the 16517 Satoshi branch. If it falls at 12667 Satoshi, Stop Loss is needed to preserve profit and loss. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately represents the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
KRAKEN:BCHUSD
by readCrypto
BCH descending triangle formingBitcoin cash had a great run last week but ultimately caved to the BTCUSD downward trend over the past few days. Although there have been a few recoveries here and there, BCHBTC instead looks to be forming a descending triangle rather than any positive trends over the next few days. Confirmation is still needed, but if a triangle does form and breaks downward, it could take a recovery slightly longer before any positive trend occurs. It looks like a trend to watch out for if you are one to keep an eye on BCH trends.
Short
by crypto_trends
Bitcoin Cash & The Bulls - Part DeuxBicoin Cash (BCH) believes in the original vision for Bitcoin (BTC) by Satoshi Nakamoto: 'A fast, secure, worldwide peer to peer electronic cash system with low processing fees'. Whereas BCH can complete 100+ transactions per second, BTC only manages three to seven transactions per second. The Bitcoin blockchain is no longer the ideal network for small transactions on the base layer due to its limited block size of 1-2 MB. Micro transactions have been deferred to a second layer ie. The Lightening Network which is a promising but not yet proven success. Because Bitcoin, Bitcoin Cash and Bitcoin SV are derived from the same genesis block, they share a similar history and even some of the same miners. Within the Proof of Work (PoW) system, the miners have more to lose than other investors due to their investment in expensive and specific ASIC equipment used for the sole intention of mining the Bitcoin protocol. The computer hardware that is used can process transactions on all three chains. Therefore the miners can profit from mining any of these three blockchains. It would make sense that the miners will mine whatever chain is more profitable. All Bitcoin entrepreneurship will depend on a functioning Lightening Network on a grand scale. If mining on the Bitcoin blockchain discontinues to be a profitable endeavor, the SHA256 miners who can mine on any of the three chains may look to one of the other two Bitcoin blockchains to keep their show on the road. Miners will not care which side their bread is buttered on. In the global transaction market, there are three trillion transactions per year. 75% are cash transactions, 13% by credit card and 12% from other means. With Bitcoin Cash transactions costing < $0.01 per transaction, a Bitcoin transaction can cost anywhere between $5-$50 making Bitcoin unpractical for day to day micro transactions on the base layer. BTC is useful as a store of value, positioning itself as the digital equivalent of gold. BCH has a larger block size limit which will enable it to fulfill Satoshi's vision of an electronic cash system with low processing fees. The worldwide cash market is valued at $100 trillion whereas the global gold market is worth $10 trillion. Moreover, Bitcoin had a recent 40% drop in hashpower after a Chinese mining pool went offline. As a result, BTC fees have been soaring to $40 per transaction making it expensive and slow. At the time of writing it is 11,838.75x more expensive to transact on Bitcoin (BTC) in USD than BCH according to Coin Dance: coin.dance We went long BCH/USD on 01 December 2020 at $290. Today one Bitcoin Cash is worth 0.016 of one Bitcoin. I see an opportunity for Bitcoin Cash to gain ground on Bitcoin over the coming year or so. I am long all 3 chains on the Bitcoin blockchain. The cash market is 10x bigger than gold, therefore Bitcoin Cash may have more upside potential. We will have to see if the market agrees or not. BCH is 76% off its all time high price of $3785 set on 16 December 2020. Our original Post regarding BCH/USD can be found here:
KRAKEN:BCHUSDLong
by rzinho
3
BCHBNB - Nison: 20 SMA with RSI(5) - Change of PolarityBCHBNB - Nison: 20 SMA with RSI(5) - Change of Polarity - BCH has overcome Pivots P and pulled back to P after hitting R1. - P shows a potential Change of Polarity (old resistance becoming new support). - The pullback candle closed as a Piercing Pattern, setting horizontal resistance at the low of the pattern (1.8). - The reversal came on a pullback to SMA 20 (Bollinger Basis). - Nison 20 SMA with RSI(5) strategy wants RSI to close above 50, pull back, and find support. That will be a long entry signal. SL: 1.795 T1: 2.175 T2: 2.42 T3: 2.8 RR: ~ 2.17, 4.21, 7.37 Additional Strategy: Nison: EMA Crossover - Wait for 4H EMA 5/8 Golden Cross on candle close. - Set a buy order 2-5 ticks above the next Daily close which has a lower high. - Trail buy order down until the trade executes. - Close the trade 7 candles later, including the candle which triggered your entry.
Long
by zerocashcool