Bitcoin Cash (BCH) - December 15Good morning?
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We must see if we can climb above the resistance section of 278.26196606-293.00097721 and break above the 293.00097721 point.
If it falls at 278.26196606, it is a short-term Stop Loss.
If it rises from the 293.00097721 point, a move is expected to break above the 324.1 point.
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** 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 convenience, we are talking upside down for interpretation of the indicators.
** 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 trading. You should trade from a short-term investment perspective.)
BCHKRW
Bitcoin Cash (BCH) - December 10Hello?
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You should watch for any movement that deviates from the 230.18881201-278.26196606 section.
We should watch if there is a flow that breaks through the volume profile section of the 209.23112174-230.18881201 section and the 278.26196606-293.00097721 section.
You should also watch for movements that deviate between the uptrend line (3) and the downtrend line (1).
I think BCH in 2020 was weak.
So, if you check where you're supporting it, you can expect a lot of profits in 2021.
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** 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 trading. You should trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - December 6 (with 1W chart)Hello?
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(1W chart)
If you look at the trend from the week of December 17, 2018 to the present,
Movement came out in the 79.10401598-520.0 section.
However, looking at the flow from the week of March 16, 2020 to the present,
Movement came out in the 147.82760771-370.0 section.
Sideways in a certain section is a movement to keep the price, so I think it is a good trend.
However, it means that the waiting period will increase.
No one knows how long this waiting period will be.
However, in order to turn to an uptrend and create a new wave, it needs to be supported above the 454.59999980 point.
As long as you wait, it is difficult to obtain profits due to stagnant funds over a period of time.
You have to think about it according to your own investment method.
(1D chart)
We need to see if we can break above the volume profile section of the 278.26196606-293.00097721 section and climb along the uptrend line (4).
If it falls at 278.26196606, it is a short stop loss.
If it falls in the 209.23112174-230.18881201 section, a Stop Loss is required to preserve profit and loss.
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** 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 trading. You should trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - November 29Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
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We must see if we can ascend to the 278.26196606-293.00097721 section.
We must see if we can move above the 293.00097721 point to continue the uptrend.
If you decline in the 209.23112174-230.18881201 section, you need to trade to preserve the profit and loss.
We need to see if it can break above the downtrend line (1) and climb along the uptrend line (2).
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** 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 trading. You should trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - November 21Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We have to see if we can ascend above the 293.00097721 point.
If it rises to the 293.00097721 point, I think it may lead to further gains.
If it falls at the 243.46316192 point, it is a short stop loss.
As we break off the downtrend line, we need to see if we can accelerate the uptrend.
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** 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 trading. You should trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - November 9Hello?
Dear traders, nice to meet you.
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By "following" you can always get new information quickly.
Thank you for always supporting me.
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You should check for any movement that deviates from the 264.48269150-278.26196606 section.
It is of paramount importance to rise above the 278.26196606 point and gain support.
We must see if we can climb above the 278.26196606 point to amplify our expectations for the ascent.
Due to BTC's support test, we need to see where the BCH's support point is in the downturn.
If it falls below the 264.48269150 point, it is a short-term Stop Loss.
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** 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 trading. You should trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - October 31Hello?
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It fell from the important point, 264.48269150.
You need to see if you can get support at the uptrend line (4) and at 258.06654252.
If it falls from the 258.06654252 point, it is expected to fall to the 249.04052441 point.
The final Stop Loss point is 234.247651895.
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** 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 trading. You should trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - October 14Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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It remains to be seen if it can rise above the 264.48269150 point and the downtrend line (2).
If it goes down, you need to make sure you get support at 243.80708674.
If it falls below the 234.24765190 point, I think it is necessary to trade in installments to preserve profit and loss.
We have to see if we can move above the 284.15870917 point and turn the trend.
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** 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 trading. You should trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - October 9Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We need to see if we can move above the 234.247651895 point, which is the midpoint of the uptrend that started on March 13th.
So, we have to see if we can climb above the 236.32 point.
If it rises above 236.32 points, I think the BTC price itself is likely to rise as well.
If you touch the base line and fall, you should get support at 236.32.
If it falls below the downtrend line (3), it is a short-term Stop Loss.
In order to turn to an uptrend, I think we need to deviate from the downtrend line (2).
Therefore, it must be supported above point 264.48269150.
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** 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 generating profit 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 trading. You must trade from a short-term investment perspective.
Bitcoin Cash (BCH) - October 1Hello?
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It rose with support at 214.34678138.
We need to see if we can get support at 229.00000924 and raise expectations for the upside.
We have to see if we can break through the 234.24765190 point and climb up to get support at 236.32000000.
If you fail to break through the 234.24765190 point, it is possible to touch the 194.19134433 point or less.
Before challenging the 234.24765190 point, we need to see if we can stock up with support at the 229.00000924 point.
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I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.
About October 28, when maximum volatility is expected to occur, is about a month left.
The most important thing is to generate money, so I think it's time to trade to earn money.
** 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 generating profit 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 trading. You must trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - September 15Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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It is rising above the 234.24765190 point.
You need to make sure you can get support at point 234.24765190.
If you get support at 234.24765190, you're expected to gather strength to ascend.
It is expected to continue the upward trend as it breaks through the 243.80708674 point, and it remains to be seen if it can break through the 264.48269150 point.
If it falls at 234.24765190, it is a short-term Stop Loss.
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** 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 generating profit 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 trading. You must trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - Sep 5Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We have to see if it can rise above the 236.32000000 point.
We need to make sure we can get support at 229.00000924.
If it falls below the 229.00000924 point, a significant drop is expected.
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I think it is necessary to carefully check the BTC price flow around September 4 (September 3-5) as seen in the XBTUSD chart.
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** 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 generating profit 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 trading. You must trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - August 29Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
It's supported at point 264.48269150, and we have to see if we can climb above 277.55942898.
If it falls from the 264.48269150 point, it is likely to touch the 229.00000924 point.
I think that in order to make further gains, we need to rise above 277.55942898 points over the weekend to gain support.
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** 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 generating profit 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 trading. You must trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - August 22Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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You need to make sure you can get support on the 273.86928007-277.55942898 section.
We have to see if we can touch more than 296.98564140 points around August 24.
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** 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 generating profit 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 trading. You must trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - August 15Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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It should be seen if it can rise above the 302.26491510 point.
We need to make sure we can get support at 292.91252652.
If you don't get above the fast uptrend line (2), you're likely to touch the 264.48269150 point.
If it does not rise above the long-term uptrend line (1), there is a possibility that it will eventually turn into a downtrend.
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Coin market volatility period (August 14-17).
Therefore, I think careful trading is necessary.
I think it is better to observe the flow rather than rushing to trade according to the price flow.
I think this is a time when only minimal trading is possible to preserve profit and loss.
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** 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 generating profit 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 trading. You must trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - August 8Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We will see if we can ascend to the critical section of 313.0-360.34815973.
The long-term uptrend line (1) is passing near the 313.0 point, so if it rises above the uptrend line (1) and gains support, we expect a lot of gains.
If it goes down, we need to see if we can get support at 273.86928007.
The point 264.48269150 is the upper point of the box section, so it is a short-term stop loss.
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** 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 trading. You should trade from a short-term investment perspective.)
Bitcoin Cash (BCH) - August 1Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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** To check the indicators, share the chart and click "Show" to see all indicators as they were before.
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It broke above the box section (264.48269150 point) and is on the rise.
You should see if you can rise above the long-term uptrend line (1).
You have to watch for if you can start to climb above 432.40010001 by joining forces in the critical section 313-360.34815973.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Bitcoin Cash (BCH) - July 25Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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It's still sideways.
264.48269150 Watch to see if you can rise above the point.
If supported at the 264.48269150 point, it is expected that there will be a rise to challenge the long-term uptrend line (1).
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Bitcoin Cash (BCH) - July 16Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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You need to make sure you can get support at point 222.98.
In addition, you need to make sure that you can quickly rise above the 229.00000924 point.
If you fall from 222.98, you are likely to touch 194.19134433 or lower.
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(OKEX BCHUSDT 1D chart)
216.40~255.71 It fell from 236.14 near the middle of the box section.
You need to make sure you can get support at point 216.40.
If you fall from 216.40, you are likely to touch below 191.84.
If it does, you need to make sure you can ascend to the important section, 314.13~361.05.
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** You can check the indicator by activating the MRHAB-MY1 indicator.
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Bitcoin Cash (BCH) - July 9Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
I go on vacation from July 13-15.
Charts can be posted from the 16th.
--------------------------------------
We need to make sure we can get support at the short-term resistance point of 243.80708674.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Time to turn bullish on BCH again!Bitcoin Cash has been lagging the market, making me turn bullish.
Personally I don't really like BCH, however, I believe it provides a better risk/reward than BTC.
Fundamental
Last trade idea I had on BCH was a short.
As I wrote on that idea I turned bullish on 6 December and switched my XMR position to BCH.
If you want to see my entire cryptoportfolio you can check out my website: kryptokelly.com/portfolio :)
So why have I turned bullish?
For starters the ratio between BTC & BCH has changed a good amount since last. (0.145 vs 0.0097).
And I believe Bitmex has already sold their BCH to the market. Coinbase is left but I would think that has been priced into the market now and much of the reason for the BCH lag.
We see some exchanges embrace BCH, and it got a large following including name recognition. While there is no reason to be superbullish on BCH, I believe it to be a good buy in this area.
Technical
It looks to me like the last run completed an impulse wave followed by an ACB correction.
Now we have gone sideways for a good amount of time while the rest of the market has jumped up!
The hard floor on BCH is 300 USD. If it was to reach 6000 USD that would be an 20x increase which is close to normal when it comes to cryptoland.
I am looking at the area between 1.618 (4345 USD) & 2.618 (6847 USD). That's where I will be looking to switch out my BCH with another coin. Updates will follow :)
There should also be pretty heavy resistance in the 2755-3000 USD range, so that's an area to keep an eye out!