BCHUSD
Bitcoin Cash: The next big moveFrom the chart you can see that after the consolidation the price heads north in a hurry. I expect the price to drop to pick up more buy orders before heading north with so much momentum. The demand levels are good potential reversal points. As the pattern develops i will keep this idea updated, so like, comment, follow so you don't miss any update. Thank you.
BCH BreakoutI had a plan to long $BCH when it broke $500 but I was overexposed in other trades and did not take it. Original plan was to take half profit at $750, which is where we are now, and the other half, god willing, at $1,300ish.
My other positions have had targets hit ($ALGO) or stops hit ($SNX, $OMG) so capital is freed up. I am planning on entering on a dip or break and retest of $750.
If you look at my ideas you will notice a pattern. Drop, long accumulation, breakout, retest, off to the races (hypothetically.) If I wold have been monitoring $BCH at the time I probably would have entered when it broke out of that multimonth range around $365. I just wasn't watching $BCH closely at the time.
BCH/USD - Ranging before breakout - $850 next❔BCH has been consolidating in this range for some time now and I expect us to get a reaction in price once we reach the triangle apex in blue.
The indicators on 4h give some signs BCH wants to pump higher, but this is still timid and we need to see how this descending triangle resolves to have confirmation.
On daily the indicators do not look as good since we are overextended with MACD and RSI curving down - this is not too bad yet as we did not cross on the negative side on MACD, so there is still a good chance we can pump higher.
I am cautiously bullish for now, but we have to wait, there is no clear entry on BCH at this time. I'd consider a long if we break above this triangle.
Targets and levels on the chart.
Like and follow if you liked this idea. Also join my crypto community to stay in touch!
BCH/USD : Daily vision for long-term Traders COINBASE:BCHUSD
Hello everyone 😃
BCH had a breakout from critical resistance and now;
Current candle is holding above resistance !
Also on weekly chart :
Current candle is showing buy pressure on BCH !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
BCHUSD ROAD MAP - all aboard!!!This is a potential trade on the 4 hour time frame with great risk to reward. the price action is expected to follow the channel and eventually break it on its way to the $1700. We've already have our correction away from the channel so we should be a little more at easy with this ride
BCHUSD ROAD MAPit looks like BCHUSD is set to get back to it's all time high but there will be some stops along the way. After several months of consolidation it looks like another one of the sleeping giants is ready to take off. you should definitely be keeping an eye on this. For medium term look to take profit at $1700 level. this is a great support résistance level to watch. Ideally you would want to get out before then but lets see how this plays out.
BCH/USDT in near futureHi every one
BITCOIN CASH / TETHERUS
has formed an ascending triangle this means that the projected price would be as good as the measured price movement ( AB=CD ) and since this pattern is already broken , this signal is more reliable
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.