BCHUSD
Break Trendline Like BCH Hi, this is my new update for BCH, 3days ago I informed you that once we break this trendline, the bullrun in BCH will start and you see what happened after that. We broke both the resistance $880 and trendline at the same time. Now we have tested the resistance $1150, if we break it the next one is around $1300, but if we see a pullback to $880-900 in the next couple of days, to backtest both the trendline and the support level, I would not be surprised. BCH is 100% BULLISH
Be prepared and don't PANIC ;)
BCH , first target smashedcheck related idea down below and do not forget to push like for more updates . we are in from 480$ and finally our first tp reached , now after some correction ( maybe ) it will be ready to fly , as you can see there is no strong resistance untill 1800$
lets bring fomo into bch
Bitcoin Cash - Finally Awaken?Bitcoin Cash - One of the oldest coins in the market, tested with time. It has recently broken out of a recent high, made higher lows, and validated a double bottom pattern.
Pros:
- It is extremely far away from ATH which sits around at 4k, with the current price that's a 500% move.
- Formed a higher high and multiple lower lows.
- Just broke out of the previous high, in short term its PT is at least 920.
Cons:
- Older coin with old technology, not as attractive as some of the newer coins
- Less explosive gains
- RSI close to overbought area
If you're interested:
- Buy at a pullback to the previous high at around 700 - 730, SL at 650
If you already holding BCH:
- Short term PT 920, end of bull market PT 1500+
BCH it's a good coin! think about it!! :)BCH in 2017 was a lot of fun! See the number of transactions on twitter. There are more of them than on bitcoin. It's a coin to pay, small costs benefit a lot. Everyone is blindly looking at bicoin, but the crypto world is more interesting. Be different and push those who haven't bought BCH yet. Lots of positive information - rakuten, paypal, fast and cheap transactions - that's what we need. Ath is close to $ 4000, I think there will be more. The risk is small and the profit can be great. Think about it to have a big smile :)
Bullish scenario on BCH-USDTWe broke strong support, retested it and now price goes up. I see 3 goals (in long term we will update top) in mid-term. Of course scenario will totally depend on BTC price - if it will stay in flat between 57000-59500 or go higher, BCH will play this scenario. Wish everyone great profit!
BCH DID HIT EXACTLY OUR TARGET 800 USD! THE GOLDEN EXPECTINGHello trading friends,
1 week ago we did expect that bch will breakout to 800 USD, and the max day today exactly 1-week BCH are 800 USD , see the before chart below
Discipline is the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly * this is not an advice
---> Have a great day
BCH - GETTING READY FOR BULLRUN Hi, this is my new update for BCH. In the last 5 days BCH has gone up 30% and we have broke all retracement levels, now we are in a critical moment, we have to close todays candle above $729 and if we do it, the next resistance is around $880. I think the bullrun for BCH starts when we break the trendline. So be prepared and don't PANIC ;)
BCH - 6h. Is the active phase of the BCH market over?Starting in the new 2021, the BCH market began to slow down its growth phase. A new local high was set in early January 2021 and provoked sellers into a deep correction to the range of $370-400 . It was from this range that buyers began a new local wave of growth, which reached $773.
This time sellers again managed to organize a deep correction almost before the beginning of the previous wave of growth. Weak updating of the local high and deep corrections are signs of a weak trend. Looking at the trading volumes of the new wave of growth, which buyers began from the end of February, the strength of buyers in this range disappears. So the price was able to retest the range, from which we observed the collapse of the BCH market on February 22-23. However, this time it has not been possible to update the local low yet.
Therefore, at the moment there is a high probability that the price movement will continue in the global consolidation until mid-summer. The positive scenario of this consolidation will allow buyers to continue the upward trend with a new impulse with the first target of $925.
An alternative scenario - breaking the triangle down. The critical point in this scenario will be the mark of $500. Having lost the given mark, buyers will have to retreat to $370-400. The mark of $500 is also interesting because it was from it that the catastrophic market collapse began in February 2020, which ended in March.
Therefore, we will be monitoring this scenario over the next few days. In case the BCH price breaks out and fixes above the range of $725-750 , we will update the idea.
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Bitcoin Cash (BCH) - April 13Hello?
Dear traders, nice to meet you.
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Have a good day.
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(BCHUSD 1W chart)
(1D chart)
We have to see if we can get support and climb in the 661.97-678.88 range.
If it falls from the 517.72 point, a Stop Loss is required to preserve profit and loss.
We must see if divergence can be achieved to ascend above the 830.0 point.
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(BCHBTC 1D chart)
We have to see if we can get support at the 10994 Satoshi point and rise above the 12667 Satoshi point.
If it gets support at the 12667 Satoshi branch, it is expected to turn upward.
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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 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)