BCHUSD Reversal Upwards to $721+Bitcoin Cash after the dump down in February has found its bottom around $482 - $515 weekly support accumulation zone with the absolute bottom wicking $435 without a candle close below.
$435 is the super human entry and anything under $482 - $515 is still what I would consider goated.
From here, the next targets are the $630 & $720 levels needed in order to hit to close out of this valley. This valley's top i $746 and is a weekly level of resistance. After Bitcoin Cash can break out of this valley and create new highs its wraps.
BCHUSD
BCHUSD D1: BEST Level to SHORT IT 40% gains(SL/TP)(NEW)BCHUSD D1: BEST Level to SHORT IT 40% gains(SL/TP)(NEW)
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
::: 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.
BCH/USDT pump is about to happen?Hi every one
BITCOIN CASH / TETHERUS
BCH/USDT is now in a pretty ok spot! an ascending triangle is in the chart, which if the upward break out happens we can be sure that the price will increase as much as the measured price movement (AB=CD) let's hope Positive things happen soon!
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
ETHEREUM : PRICE ACTION IN DAILY TMF , PRICE IS GROWING ! 🔔🔔🔔// UPDATE //
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Strategy : BULLISH FLAG
Good trading at everyone!
BCH - Most Bullish Crypto Good news, we have now officially broke the resistance $535, we have backtested the SMA50 and it held very well. The RSI is above 50 again and we are getting ready for a bullish momentum. Next resistance is $630, if we break $630 then the next target is $730. So be patient and don’t panic 🙌🏼🚀
BCHUSD | Last Opportunity for the Buy in DipHello Crypto World, Hope you are doing well,
I am sharing my opinion for the big cap ALT coin that are currently undervalue, and ready for the Boom (Longterm).
I shared my opinions about BCHUSD in past, i am gonna tell you the opportunity that are still undervalue.
In every uptrend BCH always perform a long run in very short time.
BCH Buy in Range:
$690-$670-$660-$650
Longterm Targets:
$850 - 1050 - $1280 - $1600 - $2700 (Longterm)
Also Mentioned in the chart.
Happy Trading.
(Multi time frame analysis) BCH/USDT must start pumping!Hi every one
BITCOIN CASH / TETHERUS
with this analysis we want to analyze BCH/USDT in multiple timeframes! so let's begin!
first we have the daily chart which if you pay attention you can see that there is an ascending triangle with a hidden bullish divergence(+HD) both on the MACD and RSI indicators and also the price is in an ascending channel!
secondly we have the 6 hours chart which is pretty much the ascending triangle with little more details, after the upward breakout we shall see the upward movement to be as much as the measured price movement!(AB=CD)
The 3rd chart which is in the 4 hours time frame shows another bullish pattern which is a cup and handle pattern! after the upward break out the price can pump heavily!
The 4th chart is also the same timeframe(4h) but there is a breaking in the EMA 200 this is also a strong bullish signal!
with all these signals we can come to a conclusion that the BCH/USDT can be very bullish and that a huge pump is about to come!
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
Bitcoin Cash (BCH) - Buy setupGood morning ladies and gentlemen, here is my trade plan for Bitcoin Cash .
If current projection holds, Bitcoin Cash could see min. $664.
If we break below $500, the projection will be invalidated.
Give me a follow and I will post more charts.
Good luck and trade safe.
BCHUSDT (BITCOIN CASH) - POTENTIAL BREAKOUT ANALYSIS 🔎
- BCHUSDT is printing an ascending triangle (AT) pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
Bitcoin Cash (BCHUSD): Preparing for a Bullish MOVE
Bitcoin cash is forming a classic inverted head and shoulders pattern.
555.0 is its horizontal neckline.
For now it serves as a resort for intraday traders to sell from.
I will be waiting for its breakout to buy the coin.
Goals will be 647/730
Remember that in case of a formation of a new lower low below the head,
setup will be invalid.
BCH 543 USD POSSIBLE GREEN COFFEE TIMEHello Traders,
For BCH update possible: 443 target into the box.
use always a good stoplimit to manage the risk
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