Get started

Bchusdt

Break Trendline Like BCH Hi, this is my new update for BCH, 3days ago I informed you that once we break this trendline, the bullrun in BCH will start and you see what happened after that. We broke both the resistance $880 and trendline at the same time. Now we have tested the resistance $1150, if we break it the next one is around $1300, but if we see a pullback to $880-900 in the next couple of days, to backtest both the trendline and the support level, I would not be surprised. BCH is 100% BULLISH Be prepared and don't PANIC ;)
BITSTAMP:BCHUSDLong
by GOAT1375
BCH - 6h. Is the active phase of the BCH market over?Starting in the new 2021, the BCH market began to slow down its growth phase. A new local high was set in early January 2021 and provoked sellers into a deep correction to the range of $370-400 . It was from this range that buyers began a new local wave of growth, which reached $773. This time sellers again managed to organize a deep correction almost before the beginning of the previous wave of growth. Weak updating of the local high and deep corrections are signs of a weak trend. Looking at the trading volumes of the new wave of growth, which buyers began from the end of February, the strength of buyers in this range disappears. So the price was able to retest the range, from which we observed the collapse of the BCH market on February 22-23. However, this time it has not been possible to update the local low yet. Therefore, at the moment there is a high probability that the price movement will continue in the global consolidation until mid-summer. The positive scenario of this consolidation will allow buyers to continue the upward trend with a new impulse with the first target of $925. An alternative scenario - breaking the triangle down. The critical point in this scenario will be the mark of $500. Having lost the given mark, buyers will have to retreat to $370-400. The mark of $500 is also interesting because it was from it that the catastrophic market collapse began in February 2020, which ended in March. Therefore, we will be monitoring this scenario over the next few days. In case the BCH price breaks out and fixes above the range of $725-750 , we will update the idea. ____________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
28
BCH - Ready for $880Hi, this is my new update for BCH. Like I said last week, we have to hold the support level $630 to move further to test the resistance $720-730. Now we have backtested the support level $630 multiple times and it held very well. We also tested the resistance level $720 yesterday and we got rejected, but I think we are going to break it next time like other coins have broken the 15.Feb resistances. If we break the $720 resistance, the next one is around $880. So I think in the next couple of days we are going to see a breakout, so be patient and don't PANIC, good things take time.
BITSTAMP:BCHUSDLong
by GOAT1375