BCH worth Paying Attention to even NOWGood day fellow traders,
Even dough BTC is doing its own thing. For a quick day trade, maybe a swing its worth looking at BCH here. There is some nice consolidation the last days, with less volatility than most other alts relative to BTC .
This could indicate strength, somebody is still buying, even if the larger market is selling in crypto.
Buy at the bottom of that channel $1300 area followed by a sharp SL.
Pay attention to the resistance zone! When you are in the right position you should be in profit by then.
Monitor the daily candle tomorrow for more confirmation of the strength and bullish momentum.
Levels indicated on the chart,
Good luck to you all
This is not financial advice
Bchusdt
Bitcoin Cash - Perfect Rejection! 🔥Our previous analysis played out for BCHUSDT PERFECTLY. We were expecting a rejection of the previous high after a breakout and we got a wick rejection! Price looks to be in a parallel bull flag for another move higher. Next area of interest is the 1836 level where price previously reacted. When we get there, we will reanalyse and update you all.
Bitcoin Cash - Perfect Rejection! 🔥Our previous analysis played out for BCHUSDT PERFECTLY. We were expecting a rejection of the previous high after a breakout and we got a wick rejection! Price looks to be in a parallel bull flag for another move higher. Next area of interest is the 1836 level where price previously reacted. When we get there, we will reanalyse and update you all.
BCH Sell a break setup.BCHUSDT - Intraday - We look to Sell a break of 1248.8 (stop at 1306.6)
We are trading at overbought extremes.
Following yesterday's bearish candle, the overall trend lower looks set to continue today.
Pivot support is at 1270.
A break of 1250 is needed to confirm follow through negative momentum.
We look for losses to be extended today.
Our profit targets will be 1088.8 and 1044.4
Resistance: 1400.0 / 1475.0 / 1600.0
Support: 1300.0 / 1250.0 / 1180.0
BCHUSDT
Hello to you all. Mars Signals team wishes you high profits at all times.
As you can see, the price is fluctuating inside a channel that looks like a flag pattern. We have drawn a support line for you that if the price reaches that area, it is a good area to buy, but if it goes out of the flag, there is a possibility of price increase. And if it goes out of the canal, it will be hard work to climb
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
WATCH OUT : BCH preparing for a breakoutBitcoin Cash has been going through a strong bull run and after a slight resistance at the 1400 levels we saw a preparation for a break , especially with the crossover that is about to happen on the MACD , a confirmation on the volume is the signal to go for it so watch out guys.
BCHUSDT - AnalysisEngineeringRobo is bullish for BCHUSDT at the moment. If you consider buying wait for the daily close above the 1620 area ATH support line
If you have BCHUSDT, as long as EngineeringRobo is bullish and the candles are above the uptrendline no need to hurry to sell it.
If you have BCHUSDT and you want to make a quick profit, you can sell it at the first resistance level (1620 area resistance line) .
Otherwise, just follow the signals.
Good luck & all the best.
Check the continuation of the #BCH processThe formation of a rectangle and the side space inside it and passing through each side, determines the continuation of the process. Most of these rectangles in this position are ascending charts and can reach two important resistances. After the orange inflatable box, you can think of more mountaineering (namely 2400 hits).
In the lower time frame, the points of sale were identified that you can use both sides
Long BCH/USDTThe analysis I shared on bch/usdt on the 30/04 is probably my proudest- 52% increase in price in a week! The momentum on this pair points to further upside, it's all about finding a good entry point now. Right now seems like a good price for entry with next target projection at 2k. What do ya'll think?