BCHUSD
THE LAST UPDATE FOR BCH BEFORE IT WILL BREAKOUT TO 800 usd+Hello trading friends,
I hope you have a great time.
And as we did promise in our before idea that there will be only 1 idea left for BCH, And this is our last update for BCH before a breakout .
The first update that we did add, Is below 24H , and we see an increasing trend starting on BCH - with a 680 price target.
THIS WILL BE US LAST UPDATE BEFORE THE BREAKOUT - when the coming time BCH breakout above 800 USD we will come with the new update. its possible that BCH will increase further.
New trends BCH:
Roger ver BCH owner did add on Twitter, that he will never never sell bitcoin com domain name only for 22M bitcoin cash.
We did add this before
And this update with time frame, than we expecting BCH increasing above 800 usd into 1 week
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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
---> Have a great day 😃
BCH INTO 1 WEEK TO OUR TARGET 800+ - TIME FRAME UPDATE ITS TIMEHello trading friends,
As promised here is the chart with the trading time frame - we expecting depending on our Tool ETN where we have expected before more targets, and last one EOS, THAT BCH, will break out this week to 800+.
# we already know that BCH goes with the BTC trend, but there will be a moment that it will break out.
There will be coming 1 update, and that will be the last update for BCH.
As always we have said it at time. use good riskmangement.
@@Follow/like for more 24/7 Live updates on tradingview.@@
Discipline are 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
---> Have a great day 😃
ETH Potential Next Leg Up Ethereum has been killing it this week. Since March 25, we're up more than 38%. We also set a new all time high yesteray at 2142.00! ETH has also sharply outformed BTC this week aswell. This leaves traders to assume two things:
1. Momemtum has returned to Ethereum
2. There will be a lot of volatility (aka opportunity)
Also, keep a close eye on the green support line. As long as Ethereum trades above that line we're looking very bullish and expect price to go higher.
BCH - Ready For $730 Hi, I updated you 2 weeks ago and told you that we have reached the bottom for BCH around $440 and that was because we got a double bottom in both the RSI and the chart. Now we have broken the resistance $630 and we are on our way to resistance $720-730. Right now we have RSI above 60, MACD is green and that indicates we are in a bullish structure. So be patient and don't PANIC ;)
Bitcoin Cash, Double-Bottom-Breakout, Upcoming Perspectives!Hello Traders Investors And Community,
Welcome to this analysis about Bitcoin Cash, we are looking at the 6-hour timeframe perspective. The Cryptocurrency Market divergences increasing these times this is why there are currencies developing very bullish constellations while others are still in more neutral to bearish structures. These divergences between certain currencies are very important to assess to properly line up in the market because it is not the best option to elevate the market into one direction only, therefore it is necessary to distinguish the individual currencies. In Bitcoin Cash, I detected a very interesting formation that already moved into a breakout and has further potentials in the next times.
As when looking at my chart now we can watch there how Bitcoin Cash developed this massive double-bottom-formation with the neckline marked in blue. Recently Bitcoin Cash managed to form the breakout above the neckline and show up with some initial solid bullishness in the schedule. Now the next time it is likely that Bitcoin Cash pulls back to confirm the breakout in the neckline again as it is shown in my chart with the blue back-up-zone where several supports coming together. When Bitcoin Cash shows up with such a price-action and finally bounces to the upside from this zone it will be a good setup for the further continuations and approaches of the upside-targets marked in my chart at the orange level.
Thank you everybody for watching the analysis, 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.
BCH looks on way to long term 800 usd + we know the 2017 HistoryHello trading friends,
Bch looks to have next time an increasing trend to 800+
I think that are long term into crypto can remember in 2017 the increasing trend of BCH to 3k.
# It looks that BCH has a trend to increase since last week, and we are looking for a new increase trend for BCH to 800 USD, with a possible 1K trend.
# BCH is the forgotten coin, and we expect we can see soon a new trend in this coin. on this side of China, there is more interest from Japan and china, but this can change in part when we see BCH breakout.
We know that Bch can have a good growth increase when its on an increasing trend, and we see that also last week, on the weekly chart.
So this makes us think about the fast growth of 2017, that's why the title 2017.
Follow for more updates. thank you
BCH/USD - Potential 55% setupHello, Traders!
BCH exited the downtrend and consolidated above the downtrend.
In February, a similar pattern resulted in a growth of 56%, which can be seen on the chart.
At the moment, the market is moving up into new price ranges, which gives us an opportunity to work on purchases.
We may look for an entry point between $575 and $615.
Stop loss may be set under $496.
Fibonacci levels targets:
$693
$793
$856
$894
Good luck and watch out for the market!
P.S. This setup is presented for educational purposes only and shall not be considered a financial advice
Be ready for next parabolic run! Hello friend
If you investing in Bitcoin Cash I have good news for you.. As you see in the chart Bitcoin Cash like going parabolic, and now we are in similar situations like previous.
Anyways many successful invest for you!
Address for donation:
LTC: MRkwgSCQz44zqM7Bb1cYdhYQcHQYD8GoEi
Bitcoin Cash (BCH) - April 4Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
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We have to see if we can get support at 517.72 and climb above 556.08.
If it falls, you need to make sure you get support at 486.83.
If it falls from the 435.70 point, a Stop Loss is required to preserve profit and loss.
It remains to be seen if the CCI line can rise more than 100 points on the CCI-RC indicator.
The next volatility period is around April 8.
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(BCHBTC 1D chart)
You should watch for any movement that deviates from the 0.008467-0.009703 section.
In particular, we have to see if it can rise above the 0.010236 point.
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If you look at the charts of most of the major coins, they are either rising near their previous highs or exceeding their previous highs.
These rises are expected to rise even more when the BTC price rises above 60K and moves towards 70K.
However, if the BTC price fails to rise to 60K, it is expected that it will eventually turn into a downtrend, so careful trading is necessary.
Currently, BTC is in the period of volatility, and the coin market is in the overheating zone.
In this market situation, if you enter along with rising prices, the rate of return may be negative.
The coin price is recording positive, but the yield of the coin I bought is negative.
Therefore, if you are not familiar with day-to-day trading or short-term trading, it is recommended to enter when the coin price declines and then moves sideways and shows support at some 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 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)
Shorting $BCHUSD for $223 targetShorting Bitcoin Cash as Super Algorithm Indicator has flipped bearish on 2-day timeframe.
My target is $223 as shown. If I close early, I will try to stop by and let everyone know.
Also, the price is below the tenkan. Is it trying to do an e2e so that it goes below the cloud?
BCH - What happens next?Hi, this is my new update for BCH. Last week we saw BCH held the SMA100 very well and today we finally broke the SMA50 and we have already backtested. In my last update, I told you we have reached bottom for BCH and that was because we got a double bottom in RSI, a double bottom in MACD and a beautiful double bottom in the chart. Now we are getting ready for resistance $620-630 and once we get above it, then we are ready for resistance $725-730. So be prepared and don't PANIC ;)
Bitcoin Cash Ready To Cash In!? 💰BCH has tested this $550 resistance zone 10+ times over the past few months. The Three times we managed to break/close above on the Daily saw big moves. This is also the edge of the HVN on the daily chart. Over $550 BCH can see 600-607 which serves as another strong resistance. If we can get through those price levels we open $700 lvls. The trickiest part about BCH on Kraken is the volume. The month of March has shown little volume into BCH on the kraken platform compared to previous months. BCH has been chopping about in the $460-$550 range since end of February and is gearing up for bigger move. I am only interested in BCH as a momentum play above $550. We have failed here multiple times as shown by the chart highlighted in pink. If we fail I expect to see $530 and some consolidation. If it can hold above the EMA clouds on the Daily chart though and then retest $550 I will be watching. Watch that volume! If we can start to see 15,000+ of volume it might be signaling a large move.
PT: First PT will be the $600-$607 lvls, this would give roughly 10% move.
SL: For the stop loss you could risk off of failure of $550 or $530 depending on your risk tolerance.
GL!
BCHUSD D1: BEST Level to SHORT IT 40% gains(SL/TP)(UPDATED)BCHUSD D1: BEST Level to SHORT IT 40% gains(SL/TP)(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
HIGH RISK setup. proceed ahead with caution.
DO NOT USE HIGH LEVERAGE.
🔸 Summary and potential trade setup
::: BCHUSD D1 chart review/outlook
::: setup still valid as of right now
::: MAX 40% correction incoming soon
::: massive rejection near range highs
::: rejected on weekly/daily TF
::: right now CORRECTION MODE
::: so limited upside in BCHUSD
::: expecting pullback/correction mode
::: price contained within bullish channel
::: BUT this is not a bullish setup
::: 30-40% correction possible from here
::: it's possible that price will re-test
::: near range lows (40% correction)
::: however base scenario is 30% correction
::: no valid setup for bulls here
::: TP BEARS is 330 USD
::: recommended strategy: SHORT IT / SHORT rips/rallies
::: ENTRY at market or below dashed line
::: SWING TRADE: SHORT HIGH TP 40% gains
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/330 USD
::: Sentiment outlook short-term: MAXED OUT/REVERSAL
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.