BCH. Can you do it?if there is one more strong 4h close above 390 then we may see a move towards 405
BCHUSD
Bitcoin Cash at Support, Potential move towards $650 $BCH Bitcoin Cash at Support, Potential move towards $650. Perfect buy zone hit. Look to trade this for a 70% gain. COINBASE:BCHUSD
bchusd__4hafter falling in cause whole bearish market in crypto we should see acsend in bchusd in 4h..i hope so it be in his way:D in daily timeframe in my previous forecast
BCHUSD D4: BEST Level to SHORT IT 80% gains(SL/TP)(UPDATED)BCHUSD D4: BEST Level to SHORT IT 80% 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 D4 chart review/outlook
::: setup still valid as of right now
::: MAX 80% correction incoming soon
::: massive rejection near range highs
::: furthermore ETHUSD failing near ATH
::: so limited upside in BCHUSD
::: expecting pullback/correction mode
::: re-test of mid range required for BULL RUN
::: so conservative target for BEARS
::: is 185USD which is 60% downside
::: it's possible that price will re-test
::: near range lows (80% correction)
::: however base scenario is 60% correction
::: no valid setup for bulls here
::: TP BEARS is 185 USD
::: recommended strategy: SHORT IT / SHORT rips/rallies
::: ENTRY at market or below dashed line
::: SWING TRADE: SHORT HIGH TP 60% 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/185 USD
::: Sentiment outlook short-term: MAXED OUT/REVERSAL
BCHUSD 💲 LONG 📈As we can see, on January 19, the price began its downward movement and reached the support level. As we can see, after the price reached the support level, the price bounced off it and rocked its growth. The price had a chance to rise to the resistance level. but the price could not reach him. Now the price has started to fall again and is at the level. This is a good sign for our idea today.
The price is now at the level. I think that the rise to the resistance line will begin now. As for me, this is a good chance for a profitable price increase.📈
Do you agree?)
Your Solldy.
BTCUSD 💲 Price GO UP 📈 BUY 💲Hello friends!
I wish you profitable deals!
As we can see, the price is still in our channel. On January 25, the price bounced off the resistance line and began to fall. The price almost reached the support zone and started an upward reversal. In today's idea, the main role is played by the resistance lines, to which the price will have to reach.
Today I expect the price to start moving up. As for me, it will be a profitable rise to the resistance lines. Notice how recently the price bounced off the resistance line without breaking it.📈
Open the BUY.💵
❗Don't forget about stop loss.❗
Do you agree?)
Your Solldy.
BCH/USD - Descending triangle approaching apex, what next?BCH has formed a descending triangle as indicated by the blue shape which is ranging between resistance ($600) and support ($400).
Price is now quickly approaching a decision time whereby it can break-up to retest the $600 level or seek lower support. We should know by early February.
4h indicators are flat, however on the daily we can see that we are trying to gather strength for a bullish bias where MACD histogram and Stoch RSI are curving up.
At this point, it is really up to BTC and ETH to set the tone for the overall market. In both cases we are at support levels so a new breakdown to lower levels may pull BCH down as well. To be seen.
Like and follow if you liked this idea!
BCH - Target $1000From this chart we see that we have good support around $400-425 + we see also Elliott wave principle (1,2,3,4,5) waves and a small (abc) correction, so I think now it is time for new (1,2,3,4,5) waves to come and that will get us up to the target $1000 in the short term. The last update I did for BCH, I told u guys that BCH is lagging behind the Total Market Cap + the fair value for BCH must be around $2000-2500.
Bch/USDAscending triangle is forming; It has also gained some volumes! I except a move toward $500 area. Let’s see. Stop below $415.
BCHUSDTBCH is in a big bearish bias
but in the short term it shows bullish signs and also breaked trend lines and done its pullbacks so the scenario will be completed after the bearish gain its power and goes for the dotted yellow line plotted
BCHUSD Possible targets for 2021BCHUSD Possible targets for 2021
TP1- 850$
TP2- 1750$
TP3- 4100$
TP4- 6500$
STOP LOSS: 315$
Upon reaching each target, the stoploss becomes the previous target.
BCHUSDBITCOIN CASH has formed a nice M formation from a daily perspective, we are now expecting pattern to complete at the neckline as it does most of the time, on the lower timeframes we are waiting for new bullish structure before looking for one of our valid entries.
BCHUSD D4: BEST LEVEL to SHORT IT 80% gains (SL/TP)(NEW)BCHUSD D4: BEST Level to SHORT IT 80% 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 D4 chart review/outlook
::: MAX80% correction incoming soon
::: massive rejection near range highs
::: furthermore ETHUSD failing near ATH
::: so limited upside in BCHUSD
::: expecting pullback/correction mode
::: re-test of mid range required for BULL RUN
::: so conservative target for BEARS
::: is 185USD which is 60% downside
::: it's possible that price will re-test
::: near range lows (80% correction)
::: however base scenario is 60% correction
::: no valid setup for bulls here
::: TP BEARS is 185 USD
::: recommended strategy: SHORT IT / SHORT rips/rallies
::: ENTRY at market or below dashed line
::: SWING TRADE: SHORT HIGH TP 60% 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/185 USD
::: Sentiment outlook short-term: MAXED OUT/REVERSAL
