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BCHUSD

Bitcoin Cash (BCH) - February 22Hello? 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 need to see if we can get support at 668.36839961 and climb above 706.21424190. If you fall at 600.59767260, you need a short stop loss. If supported at 741.41976359, it is expected to rise towards 811.83081120. On the wRSI_SR indicator, we have to see if the RS line can rise more than 20. At this point, you need to see where you are getting support. On the CCI-RC indicator, we need to see if the CCI line can touch the EMA line and rise. If the CCI line and EMA line cross, it is expected that volatility will occur, so careful trading is necessary. -------------------------------------------------- ------------------------------------------- ** 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 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. Hence, 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 from 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 or 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: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto
7
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.
COINBASE:BCHUSDLong
by Ribsauce
2
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!
BITSTAMP:BCHUSDLong
by DU09
3