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Bchusdt

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
BCH ARE AT THIS MOMENT OUR BEST PRICE EXPECTING FOR 800 usd + Hello trading friends, We expect that BCH will have the best increase in the coming time into ETN targets with a target of 800 usd+ We have changed our profile picture to BCH, as we expecting the best increase on this coin, and later we will add more about it. OUR TARGET is 800 USD , with the possible trend to 1K BCH shows more interest since last week, and we expect that the coin are one of the old ones that should break out. # ITS THE SLEEPING GIANT THAT SHOULD GET THEM WROTH INCREASE @Watchtrend # We follow coins depending on interest history and whale data. We have added the target for BCH for increase trend for 800 USD + WE look for an increase from 630 trends to above-trend 800 usd~+, this can happen in short term. WE did expect before with the ETN tool more targets XRP, SKL, EOS, and more, and all of them was right expected with time zone. and now we expect the same for BCH. @@Follow/like for more 24/7 Live updates on tradingview.@@ Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly
Long
by watchtrend
15
BCH looks on way to long term 800 usd + we know the 2017 HistoryHello trading friends, Bch looks to have next time an increasing trend to 800+ I think that are long term into crypto can remember in 2017 the increasing trend of BCH to 3k. # It looks that BCH has a trend to increase since last week, and we are looking for a new increase trend for BCH to 800 USD, with a possible 1K trend. # BCH is the forgotten coin, and we expect we can see soon a new trend in this coin. on this side of China, there is more interest from Japan and china, but this can change in part when we see BCH breakout. We know that Bch can have a good growth increase when its on an increasing trend, and we see that also last week, on the weekly chart. So this makes us think about the fast growth of 2017, that's why the title 2017. Follow for more updates. thank you
Long
by watchtrend