Bchusdt
A very good investment This crypto is insanely good and reliable but from a technical point of view, it's not clear how it'll behave in details. In other words, we know that is can reach these targets but for a person with a short-term perspective, it may be a little risky to enter this trade.
But It will certainly reach the marked zones.
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BCH/USD - Time to decide: Pump to $1,000 or death under $400!BCH is approaching a decision time. We are in this symmetrical triangle which is normally a continuation pattern (bullish in this case). For this to confirm, we need to break-up and move above $620. This would confirm BCH is ready to pump and aim for $1,000.
If we fail to do so, we break-down and pierce the parabola in yellow and we fall towards $400... then we're turning quite bearish... but for now that is unlikely.
The daily indicators are not very clear and rather flat. Volume has been low in the past two weeks. So we really need to see how this pattern resolves to get clarity.
On 4h the indicators are bullish, so I am bullish on this formation which will be confirmed once we break out of this triangle.
We really need to break-up here, otherwise we will turn quite bearish on larger timeframes such as 3d and weekly.
We should find out where we go around this coming weekend.
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$BCH technical Analysis Bitcoin Cash is currently showing consolidation between 515 and 530 area.
We can see price is now above 100MA, which is now acting as a strong support. As price seems to trend with 100EMA.
We can also see price is being respected on its trend support, which is a critical level.
MACD is showing a possible bullish crossing.
If price decides to move up from here, we can possible see a minor rejection / reversal at 0.618 FIB level ($645)
If 100MA & Trend support is broken, price is likely to touch next support cluster at around $445.
BCH/BTC 400% potentiAL FROM here#BCH/BTC TA Update:-
#BCH/BTC looks good at this level.
I am buying here some and already bought some at 0.011 BTC level.
Keep an eye on Red box.
This red box is very important for bull of #BCH
Entry:- 0.007-0.0094 BTC
Between this zone best entry.
Targets:- 0.0156/0.02/0.025/0.035 BTC
If you want to hold then this is good potential.
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BCH/USDT pump is about to happen?Hi every one
BITCOIN CASH / TETHERUS
BCH/USDT is now in a pretty ok spot! an ascending triangle is in the chart, which if the upward break out happens we can be sure that the price will increase as much as the measured price movement (AB=CD) let's hope Positive things happen soon!
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Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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Have a nice day and Good luck
BCHUSDT - only longPreconditions:
- key level
- buy after break out
- locally uptrend
- global uptrend
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Bitcoin Cash (BCH) - March 11Hello?
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You should watch for any movement that deviates from the 494.98110330-600.59767260 section.
In particular, it remains to be seen if it can rise above the 574.28197715 point.
If it falls at the point of 435.40010001, a Stop Loss is required to preserve profit and loss.
When a full-fledged rise begins, we have to see if other major coins also rise.
If the major coin rises, the price of general altcoins may temporarily decrease, so careful trading is necessary.
I think that if the major coin rises, it will wrap up the current trend and create a new trend.
Accordingly, we need to prepare for the upcoming new trend as the BCH price surges.
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(Binance BCHUSDT 1D Chart)
It remains to be seen if the volatility between around March 11th and around 21st will lead to any movement that deviates from the 485.99-713.90 range.
In particular, it remains to be seen if it can rise above the 599.94 point.
If it falls between 448.01-485.99, Stop Loss is required to preserve profit and loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
BCH - Most Bullish Crypto Good news, we have now officially broke the resistance $535, we have backtested the SMA50 and it held very well. The RSI is above 50 again and we are getting ready for a bullish momentum. Next resistance is $630, if we break $630 then the next target is $730. So be patient and don’t panic 🙌🏼🚀
BCHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has formed an inverse head-and-shoulders pattern. If it is able to break TP1, we can expect higher prices.
If it moves down toward S1, then our scenario will be failed. (This is of course less likely)
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!