BCHUSDT keeps Converging and timing to open!/Trading strategy BYBIT:BCHUSDT
1H trend chart
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BCH has been consolidating in a convergence formation for a while.
We could notice there is a double pattern formed, and its neckline becomes a short-term support zone.
If price can break out the upper downtrend line , it's time to entry, and trading strategy as below.
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Profit Targets:
a) 618.45----Fib(1)
b) 632.3~637.95----Fib(1.272~1.382)
c) 669.45-----Fib(2)
Stop losses:
a) I'll set up if the downtrend line are taken out around here.
-
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Have a nice trading!
Bchusdt
BCHUSDT Technical Analysis
⏳ Spot
💎 BCHUSDT has been making HHs and Hls in the ascending channel. Right now the price is at a very significant resistance and if it breaks above the resistance it could go much higher from where it is now.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 596.0
☕️ TP1 638.0
🍺 TP2 674.0
🍻 TP3 720.0
🍾 TP4 783.0
🍷 TP5 830.0
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 575.0
Good Luck 🎲
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💡Don't miss the great buy opportunity in BCHUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (596.1).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BCHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53
Take Profits:
TP1= @ 628.3
TP2= @ 680.0
TP3= @ 722.8
TP4= @ 787.9
TP5= @ 833.2
SL= Break below S2
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BCHUSDT a Cup and Handle is forming?/Trading StrategyBYBIT:BCHUSDT
4H trend chart
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Price has build a Cup pattern, and there is a potential handle in 4H chart.
If price can break out Fib(1) which is 625.85 and stand firm on it, the handle will be completed.
The cup and handle pattern is a bullish signal, so our trading strategy as below.
*Notice the pink zone, which is long-term resistance, probably give pressure on price, even there is a C&H pattern.
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Profit Targets:
a) 651.7~662.1----Fib(1.272~1.382)
b) 684.55----Fib(1.618)
c) 720.8-----Fib(2)
Stop losses:
a) 588----Red horizontal ray
b) 600.5----Red horizontal ray(for those who don't wanna take more risks)
-
If you like this analysis, give it a like and leave a comment below to share your perspective or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
Do you see what I see? A Parabolic MoveSaid the night wind to the little lamb:
"Do you see what I see?
Way up in the sky, little lamb
Do you see what I see?
A star, a star, dancing in the night
With a tail as big as a kite
With a tail as big as a kite"
Said the little lamb to the shepherd boy:
"Do you hear what I hear?
Ringing through the sky, shepherd boy
Do you hear what I hear?
A song, a song, high above the trees
With a voice as big as the sea
With a voice as big as the sea"
Said the shepherd boy to the mighty king:
"Do you know what I know?
In your palace warm, mighty king
Do you know what I know?
A Child, a Child shivers in the cold
Let us bring Him silver and gold
Let us bring Him silver and gold"
Said the king to the people everywhere:
"Listen to what I say!
Pray for peace, people everywhere!
Listen to what I say!
The Child, the Child, sleeping in the night
He will bring us goodness and light
He will bring us goodness and light"
NOT FINANCIAL ADVICE ya idiots
BCHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price has gone out of the channel several times and has entered into the channel again.
At the moment, we believe that the price will be able to enter into the channel again and go to the bottom of the channel, if it is not supported.
We have to wait to see which way the price wants to move.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
BCH/USDT - Potential 107% Investment SetupHello Traders!
BCH price is in a wide trading range of $496 - $726
The market correction opens good opportunities for medium-term purchases.
Buying can be considered in the range of $424 - $496
Stop-loss under the price level of $366
Objectives of purchases on price levels:
$726
$878
$1027
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
BCH/USDT ....... TRIANGLEBINANCE:BCHUSDT
Hello dear traders
the BCH is inside the triangle, if it manages to breaks
the top line of the triangle then it can rise to the
its top of channel and then rise to the resistance zone,
Bit it it manages to breaks the bottom line of the triangle
then it can fall to the support zone.
Bitcoin Cash - local rebound trade ❗❗Bitcoin is still in a local downtrend and all altcoins are also in a correction. On the Bitcoin cash chart, there is no good entry point right now, but if the price quickly corrects to the area marked below, you can try to take a trade on a rebound.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BCHUSDT signalHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
target: 660 and 670
after first target reached move ur stop to breakeven
stop: ~592 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2+
Good luck everyone!
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It's not financial advice.
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Open to your questions or suggestions(Looking for investors!).
BCHUSD D4: 600% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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-2000+ ideas published
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BCHUSD D4: 600% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTING.
🔸 Summary and potential trade setup
::: BCHUSD 4days/candle chart review
::: updated outlook still valid today
::: CORRECTION MODE next 4-8 weeks
::: correction just started not OVER
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near 400/380 USD
::: entry - after 40% CORRECTION
::: up to 600% gains possible later
::: short-term pullback/correction
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +600% gains
::: details: see chart
::: FINAL TP is 600% gains
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +600% gains 2400 USD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: PULLBACK/CORRECTION NOW
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 has a Good bullish chance right now!Hi every one
BITCOIN CASH / TETHERUS
BCH is ranging in a Broadening Wedge pattern! the Price can Range between the Upper and the Lower Line of this Pattern as long as a Break out has not happened! so now BCH is at the bottom of this pattern! the odds of bearish Break out is high but there are also some things to consider! there are Hidden Bullish Divergences (+HD) on Both MACD and RSI Indicators! so this means there is a Great chance that The current price would be a Strong support for BCH and a Bullish Movement would start From here all the way to the Top of the Broadening wedge!
Summery:
-BCH is in a broadening Wedge!
-There are (+HD) on Both MACD and RSI
-The odds of Bullish Movements to the top of this pattern is pretty High!
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Thank you for seeing idea .
Have a nice day and Good luck