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.
BCHUSD
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
Comparing Common Alts Performance to Last Time BTC At this PriceIn mid February (15 February to be exact), Bitcoin hovered around the same price range as today (04 March). It looks like a double whammy, the spike up to 58k for BTC pulled value from alts and then the miners dumped soon after and we know what happened after. BTC has taken much less of a hit (as is to be expected). Some alts took it extremely hard like BCH which dropped the most during this correction. Others like LTC have demonstrated more strength against BTCs dominance, but only slightly.
No real TA here, just general observation.
Bitcoin Cash BCH ready for breakoutBitcoin cash is respecting the uptrend line and now at the resistance zone. We see a good rally in BCH after it breaks the $550 resistance. BCH is not pumped as compared to other big caps coins and BCH is one of the most adopted coins. This is a good time to build position and hold for maximum profits.
Buy Zone: $500-$530 (add more if dips to $450)
Target: $585 - $630 - $665 - $720 - $775 - $840 - $910 - $990
BITCOIN CASH : Price Action on Daily TMF , Price is GROWING ! 🔔Welcome back Traders, Investors, and Community!
If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Good trading at everyone!
BCH - Ready For Higher High? Hi, right now everything looking good. We are in uptrend right now, if today we close the candle above SMA50, it’s a good sign. Today we tested the resistance $535 and we got rejected. I think we are going to repeat the same structure that happened in 24.December (red ellipses), so therefore it will take couple of days to break the resistance $535. So be patient and don’t panic 🙌🏼 . 💯% bullish
Bitcoin Cash (BCH) - March 2Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We have to see if we can get support at 501.0 and climb above 574.28197715.
If it falls in the 435.40010001-454.59999980 section, a Stop Loss is required to preserve profit or loss.
However, you need to trade carefully as you can touch the uptrend line (2) and go up.
It remains to be seen if the CCI line can rise above 100 on the CCI-RC indicator.
If it rises above 100 and crosses the EMA line, then volatility is expected.
The next volatility period is around March 12th.
-------------------------------------------------- --------
(Binance BCHUSDT 1D Chart)
We have to see if we can get support at 485.99 and climb above 599.94.
If it falls from the 439.52 point, a Stop Loss is needed to preserve the profit and loss.
-------------------------------------------------- -------------------------------------------
** 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 published by oh92. (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 profit or loss 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 are not trading 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
16K Dollar Fib Target 3200% gainBCH is now since the last bull cycle in a bearish market. BTC, ETH and Co. got out of it and hit almost there Fib levels. Altseason hasn't even started yet!
We can expect a massive upwards trend after this correction in those Alt's which are still very low like BCH or ZCASH.
I can see a 16K Dollar BCH in this altseason that would be a gain of 3200%!
Buy the dip, sell high ;D
I wish y'all good luck!
:D
BCH nailed perfectly! TV's most correct analyst does it again!So as you can see, BCH did exactly what I said it would in my last (privately published) analysis for loyal followers and website members only. BCH bounced off the Ichimoku Cloud and went up to the golden ratio fib level at 1.618 which was my target of $716.00 and from there BCH has dropped significantly.
As per usual, my target is hit and within a few days you can rebuy back in after a huge price drop. This is similar to most analysis I do where the top is hit and a retrace happens.
So BCH hit the target I indicated and then dropped when it hit the golden ratio of 1.618 where the RSI peaked over 70. As per usual on BCH when it hits this RSI level you sell or short as RSI will drop to 30. Last time though, the lime green trendline on RSI stopped the RSI getting to 30.
Will it do it again or will we see BCH drop further and the RSI hit 30 like it has done so every single time except the last time as explained about in my last analysis below on BCH?
If BCH breaks the RSI lime green trendline it will hit the 30 RSI level. BCH will then retouch the Ichimoku Cloud on the chart @ around $450.00 on it's way to the RSI 30 level.
From there we re-evaluate the trend in the market and see if it will bounce off these levels or continue further down to the orange horizontal line @ around $360.00 which is where the MA 144 would roughly be also (the white zigzag moving average on the chart). The purple moving average line on the chart is the break point for a bounce or a drop to $360.00
If BCH can bounce off this lime green trendline on the chart and RSI, BCH's next upside target would be $950.00
What are your thoughts on where BCH is heading?
Happy trading legends!
HTBB
Take a look at my other charts and analysis below to see my unbelievable correct analysis record. If this kind of analysis interests you and you want more than just 1 or 2 correct chart analyses every month or so, check out my website and become a member. I use a discord channel as a trading room that I post analysis in as I see it when it happens. For instance, this trade last night I saw as it was happening: Buy LTC, sell at orange line. Rebuy once bounce down off orange line.
BCH important milestonesWassup, crypto tribe.
Important resistance/support marks are displayed on the chart. Previous resistance becomes a support, the stronger resistance -> the stronger support it becomes after resistance is broken. So we have a few important marks out here: 630! 690! 745! If bullish set them as a targets.
Trade is active if Bitcoin is bullish, if Bitcoin brakes 42k, then we are also bearish.
R. Ver moves are also a wild card 🤡for this coin. But in times like this he usually either does nothing 🐉💤 or pumps it 🚀
Not a FA! DYOR!🦾
---------------------------------------------------
Cyberpunk crypto nomad.
I exist behind ur screen.
My ideas are only a stream of proceeded materialized data.❇️💱
BCH - Still Bullish? Hi, we expected something similar will happen when Bitcoin goes in correction mode. Now we have to figure out what is going to happen after that. As you see we have made a double bottom in RSI(43) and that is the first positive sign and I expect we are going to see (W) formation in RSI and in the chart, which I have drawn for you. The second positive thing is that both uptrends held. The third positive thing is that SMA50 so far has held. The fourth positive thing is that we have made higher high and we have not made lower low. I think the first move is that we are going to test the support level 630 that we lost yesterday, if we get above it, it is time to move further to 730.
We have to wait for more information. So be patient and don’t panic 🙌🏼 The altseason is right in the corner. 🤞🏼
Bitcoin Cash it's could to move toward the $1,800 USD soon!!!In weekly timeframe, we see that we have a good opportunity to bought Bitcoin Cash at the market price. I believe that this dip it's a good opportunity to bought and I bought right now as the same Ethereum that the price it's above of $1,700 USD, and I re-bought Ethereum in the lower price at $1,500 USD.
Now, we see that Bitcoin Cash it's make lower higher follow this key support line that indicate that Ethereum make lower higher in the trend and the trend it's more bullish than in the past.
For that, I invite you to don't missing this opportunity to trade and bought Bitcoin Cash!!! I bought 1 BCH to prove it and my SL it's in the $340 USD and my target will be the $1,800 USD
🆓Bitcoin Cash/USDT Analysis (23/2) #BCH $BCH$550 zone is a very good support zone for BCH rally. I think BCH will rebound back to $680 zone and try to conquer this zone, but this is a very strong zone and could cause BCH to reverse back to a retest of $450 or even $400.
If BCH conquers $680 zone it will be a bullish sign and it will continue to rise to $850 and $1250 price zones in March.
📅NEWS
👉Mar 1 : OKCoin Delisting
📈BUY
-Buy: 540-560$. SL if B
-Buy: 670-690$ if A. SL if B
📉SELL
-Sell: 670-690$. SL if A
-Sell: 840-860$. SL if A
-Sell: 1230-1270$. SL if A
♻️BACK-UP
-Sell: 540-560$ if B. SL if A
-Sell: 440-460$.SL if A
-Sell: 390-410$.SL if A
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"