BCHUSD
BCHUSD ❕ uptrendBitcoin cash is moving in an upward channel.
Volatility has increased.
The price broke through 50, 100 and 200MAs on the 30m Timeframe.
50MA have broken upward 100MA on the 30m Timeframe.
I expect that BCH may continue to rise to the resistance level if it fixes above the support level.
HIGHLY IMPORTANT DECISION TIME FOR BCH!Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity.
Bitcoin Cash is high volume coin. Which is a good thing in a bull market.
But right now we are in bear market and at a very important price zone for bitcoin cash!
277 is a massive support area.
If we cant hold it price can test the 200 price zone which means a %25 decline in value.
Supoort areas
277
255
200
Resistance areas
293
342
387
HIGHLY IMPORTANT DECISION TIME FOR BCH!Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity.
Bitcoin Cash is high volume coin. Which is a good thing in a bull market.
But right now we are in bear market and at a very important price zone for bitcoin cash!
277 is a massive support area.
If you look at number 5 on the chart, you shall see price action was around 277 for over 2 months.
After the breakout above price went parabolic rising 5x.
Also if you check number 1-2-3-4 on the charts, you will see everytime price break above 277 area and retest it, bch lose value and drop to the 200 price zone.
Support areas
277
255
200
Resistance areas
292
318
342
386
Short term outlook;
If we cant hold 277 now, we will probably see 200 price zone again!
Follow for more ideas and charts!
BCH - Earned on fall, time to earn on rise💵Following my previous successful short on bch, here is how we will use the same level to long.
⭐️ BTC bullish
⭐️ Mirror level is visible on daily timeframe
⭐️ Volume is at bottom
⭐️ Lots of touches
⭐️ Level is 46 days old
⭐️ 33 ATR
⭐️ Over VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
BCH - Looks tired📉- BTC is bearish
- Trend is bearish
- Level is clearly visible
- 4th touch
- Level is 40 days old and historical
- The coin is in the end of formation
- Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
BCHUSD H4: 35%+ gains THE BEST Level to BUY/HOLD (SL/TP)(NEW)Why get subbed to me on Tradingview?
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BCHUSD H4: 35%+ gains THE BEST Level to BUY/HOLD (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: BCHUSD 4hour/candle chart review
::: chart still looks good /strong
::: setup still valid as of right now
::: noteworthy compression in progress
::: expecting one final pullback soon
::: get ready to BUY LOW later
::: accumulation range displayed on chart
::: best reload bulls near 270USD later
::: expecting 35%+ bull run
::: re-test of sliding S/R line
::: near USD later
::: BULLS accumulate / WAIT FOR CORRECTION / BUY DIPS
::: expecting short-term correction
::: BULLS get ready to BUY after pullback
::: TP bulls is +50% gains later
::: 360 USD is revised/conservative TP BULLS
::: expecting decent gains soon
::: 25-35% pullback short-term
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +35% gains / 360 USD
::: BEST reload BULLS near 270 USD
::: TP BULLS is 360 USD final exit
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS 360 USD
::: Sentiment short-term: BEARS/PULLBACK
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
BCHUSD H4 Potential for Bullish Pressure | 22nd April 2022Price is on a bullish momentum. We are expecting price to potentially rise from the buy entry level of 313.77 which is line with 61.8% fibonacci retracement and 100% fibonacci projection towards the take profit level of 348.34 which is in line with 61.8% fibonacci retracement and 61.8% fibonacci projection . Alternatively, price might break the key pivot level and trigger a dip towards the stop loss level of 294.69 which is in line with 78.6% fibonacci retracement , 61.8% fibonacci projection and -61.8% fibonacci expansion .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BCHUSD H4 Potential for Bullish Pressure | 22nd April 2022Price is on a bullish momentum. We are expecting price to potentially rise from the buy entry level of 313.77 which is line with 61.8% fibonacci retracement and 100% fibonacci projection towards the take profit level of 348.34 which is in line with 61.8% fibonacci retracement and 61.8% fibonacci projection . Alternatively, price might break the key pivot level and trigger a dip towards the stop loss level of 294.69 which is in line with 78.6% fibonacci retracement, 61.8% fibonacci projection and -61.8% fibonacci expansion .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BCHUSD Potential for Bearish Dip | 20th April 2022We see the price is near pivot level and it is on a bearish momentum. Price can potentially dip from sell entry level of 341.00 in line with the 78.6% Fibonacci retracement towards the take profit level of 315.14 in line with 100% Fibonacci projection and 61.8% Fibonacci retracement . Alternatively, price might break through the key resistance structure and head for our stop loss level of 353.35 in line with 100% Fibonacci projection and 161.8% Fibonacci extension .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BCHUSD Potential for Bearish Dip | 20th April 2022We see the price is near pivot level and it is on a bearish momentum. Price can potentially dip from 1st resistance level of 341.00 in line with the 78.6% Fibonacci retracement towards the 1st support level of 315.14 in line with 100% Fibonacci projection and 61.8% Fibonacci retracement. Alternatively, price might break through the key resistance structure and head for our 2nd resistance level of 353.35 in line with 100% Fibonacci projection and 161.8% Fibonacci extension.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BCH weekly looking for a huge breakout?BCH weekly is looking great...i wanted to show the big picture here.
We are about to see a giant launch in price
in the coming weeks
to few months
in my opinion. Look at the oarnge circle. everything BCH needs to
break, is in this circle.
we have the Bull Market support band, 50/100 day ema, and
trendline. from $295-$470 is the range we need to break...thats it.
look at the concervative price targets...these are low what this chart
is capable of...i just want to show this here.