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BCHUSD

BCHUSDFrom the Technical Perspective: 1. From the Monthly perspective, BCH was created a huge impulse to the upside and approaching to the major level of supply level on the Monthly perspective (represent as dot line 1347.88 in chart), expecting the last move to the upside before the continuation to downside. 2. From the Weekly perspective, BCH created an impulse to the upside followed by a correction. We can a continuation to the upside as we want to see from the Monthly perspective. 3. From the Daily perspective, BCH is sitting inside the major supply area (942.75~895.58), we can expect a short-term downside movement if the price will react to the supply level; or the price may break above the supply level and turn to the demand level (swap zone) and continue move to the upside as we want to see from the Weekly and Monthly's view. 4. Overall direction from the Multi-Timeframe Analysis: BULLISH How to approach BCH/USD? 1. Currently lower timeframes are indicating a bullish market, multiple HH (Higher High) and HL (Higher Low) are formed. Only can looking for the short opportunity once the market turn to the bearish market. 2. Once the lower timeframe become bearish market, you may looking for the short opportunity within the daily supply zone , if your rules of the strategy are fulfilled. 3. If the supply zone will be break and turn it to demand level, you may looking for the long opportunity within the daily demand zone , if your rules of the strategy are fulfilled. The result might not follow my analysis, this analysis is based on the TA & FA perspectives. Comment down below let me know your view on BCHUSD or which pairs you would like to me analyze in the future. Kindly visit my profile and get more free analysis every single day.
COINBASE:BCHUSD
by JackyTong96
2
BCH/USDT is about to reach It's ATH again!Hi every one BITCOIN CASH / TETHERUS BCH/USDT has been in a falling wedge lately but now the price has broken this pattern and as we Can expect the price Can reach It's ATH again! (around 1200)! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
16
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
How Bitcoin Cash Can Alter The Established Dynamic!Hi, Welcome to this analysis about Bitcoin Cash, we are looking at the 2-hour timeframe perspective. As Bitcoin Cash in recent times severely declined bearishly to the downside it is testing further lower support levels and besides that has formed this main descending-channel-formation marked with the boundaries in black, in this channel Bitcoin Cash has the coherent wave-count with the waves A to C already completed and now about to form the wave D in the structure, this wave D will run into decisive resistance from where a pull-back and therefore the wave E is likely to emerge, when this wave E finalizes the wave-count in the lower support marked in blue this can be the source of a channel-breakout when Bitcoin Cash manages to back-up. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "Good luck is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the market.
BITMEX:BCHUSD.P
by VincePrince
1
BCH looking clear for upward movement!!Greetings Everyone! BCH is looking pretty good after breaking through the initial downward wedge from yesterday! Just a couple key things to go over on this 2 hour chart. If you notice the RSI at the bottom, you'll find a slight divergence in comparing that, and the actual price up top. The price up top was on a downward trend, but the RSI was actually increasing, just slightly, but still, showing a bit of a divergence towards the positive. This indicates that the downward momentum is loosing steam and is a pretty good indicator of a change from bearish to bullish, at least in this 2 hour chart! Clears the way for some upward movement! Also note the pretty strong upward support ( shown in the thicker green line). We could be looking at resistance around the 1200 mark, but time will tell if we can break though that and head towards 2K! Happy trading!! (of course, make your own decisions when trading. best wishes!)
COINBASE:BCHUSDLong
by FortheFathersGlory