BCHUSD: rolls back down alsoAnd so, for this coin, everything is very clear too. The situation is very similar to ETHUSD. The strict priority of sales can be traced now. The resistance level of $ 597.75 is in this case a sell level. Movement from this level is expected up to $ 543.55.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
BCHUSD
ETHUSD: price rollback has begunAnd so, ETHUSD is moving in a downtrend channel. The cryptocurrency has entered the stage of a downward correction. The level of $4334.10, which also lies on the resistance line of the downtrend channel, serves as an expected sell point. The target of the fall will be support at the level of $3964.40, but now a fall is also being considered up to the level of $3665.80.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
⭐️BTCUSD: forecast for Nov 22-Nov 28➡️ Despite a slight recovery towards the end of the working week, Bitcoin is under the influence of sellers. The current Bitcoin price is 58,670$. The coin is moving in a downtrend channel and does not intend to leave this channel in the near future.
Earlier in the forecasts and trading ideas, it was noted that a correction in the cryptocurrency would begin soon. Now we can say with confidence that the time has come for this. The coming week would most likely be held in this vein. The downward starting point will be the price area near the ~ 60,000$ round level. A good entry point to sell is the resistance line of the downtrend channel, depicted on the chart at the level of 60147.50$ . The entrance itself is, of course, on a signal. The target of the fall will be the support level of 55521$ , at least, but the intention of the fall lies at the level of 48530$ (the price area near the round level of ~ 50,000$ ).
❗️❗️❗️ Here, it should be noted that other major cryptocurrencies are considered for sale in exactly the same way:
1) ETHUSD (SELL from ~ 4250$)
2) BCHUSD (SELL from ~ 590$)
3) ADAUSD (SELL from ~ 1.874420$)
4) EOSUSD (SELL from ~ 4.350$)
Thanks for your comments and likes 👍
👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
BTCUSD💲Waiting for a sell signal again❗The previous trading idea for BTCUSD worked out, the price was at $ 55503.95. At the moment, there is clearly an attempt to recover, if it was not possible to enter a buy right away, then it is better to wait for a sell signal again. The tool will roughly go up to $ 60,000, from where sales will flood again.
Have a nice trade!
BCHUSD💲 Nothing to think about shorts 📉The trading plan for BCHUSD is quite simple, and you don't have to invent something. The level of 576.65 is a resistance, in the price area of which a sell signal can be expected. Such a small upward correction is expected mainly for all major cryptocurrencies, after which a downward movement will follow again. In the case of BCHUSD, the target for the next fall will be 533.41.
Have a nice trade!
Your Solldy.
$BCH Bitcoin Cash buy the dip! Bitcoin Cash is a Bitcoin ‘hard fork’ with larger block size (eight times that of Bitcoin) and improved hash rate enable faster transaction speeds
Rank 20 atm.
Bitcoin Cash bounced from support multiple times. Good buy opportunity IMO.
Between scalp between support and resistance. Long term hold from a good profit!
DYOR and take profits, let me know what you think.
EOSUSD and BCHUSD - Common FormationEOS and BCH are portraying a common structure pre 2.618 transition
Upon transition through 2.618 I expect a large bull move for both EOS and BCH
Now is a great time to buy either
The bars pattern is extremely speculative, I have no idea where the price might top, just that its headed up after the transition
BCH now or never?
Is it going to be a dead cat bounce or vertical bull run to ATH? Hopefully the latter - looking at strong trendline support and a triangle BCH needs to breakout or break down. Judging by general market sentiment and quite long accumulation phase where BCH visited 0.764 and 0.618 fib retracement levels after August bull run it has healthy foundations to grow.
BCH Elliott Wave Chart by CryptoKnee Looks like 640 held! At the moment, a potential Zig Zag down complete is possible, which would still fit with this count variant. A zig zag complete does not necessarily mean the correction is over, especially in a wave 4. So watching how this developes. Green done, yellow some more correction, red bad for short term bulls. Watching these support resistances which ever way it choses. Super bull, this is a 1,2 1,2. Bear this impulse, if completes, is a C of a ZZ.
Total Crypto Market Cap to EXPLODEThe moment we've waited three years for is here.
The total crypto market cap is hugging its previous all time high.
I've laid out the fractal in this chart.
IF it breaks through...then I don't have to tell you what to expect. You already know it will EXPLODE PAST ONE TRILLION DOLLARS.
IF it gets rejected at this point...then I don't have to tell you what to expect. You already know it will DUMP BIG TIME. But then it will go back up and EXPLODE PAST ONE TRILLION DOLLARS!
Either way...HOLD ONTO YOUR HATS...IT'S GONNA BE A RIDE!
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Peace, Love, & Crypto,
B166er
I've been publishing charts for over a year now. Do yourself a favor and look at them from the first ones on. I'm proud of my work!
Let's do this! Let's make 2021 our best year yet!
BCH confused What's up guys , I'm posting this to see if anyone has feed. back on it , cause to tell you the honest truth , I'm surprised I cannot find a setup on this as price as been stuck in a very confusing range
Any feed back will be appreciated as I am still yet to make new friends on here
Myself 2 years ago will gamble and say long but trading isn't gambling , it takes a lot to be a trader !
what do you guys feel ?
BTCUSD: attention to the $ 60,000 levelAnd so, Bitcoin is in the trade balance and at the moment it is supposed to be SELL. The target of such a fall is the round level of 60,000. In general, the bullish mood remains.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.