Bchusdt
BCH Cup & Handle might be forming BCH looking up to it's older brother BTC,
As cryptocurrency is being accepted by merchant, BCH is the one that they mostly accept.
BCH transaction are on the rise as well !
I believe we are headed to $1200 by mid March
Cup & Handle is forming which could help the currency fly and meet it's peers on the top.
As long as the market stays healthy the way it is right now, I'm confident in the near future success of BCH!
BCH/USDT : Breakout from critical resistance zone BINANCE:BCHUSDT
Hello everyone 😃
BCH had a breakout but MACD is at very high level.
So we expect a retest on zone before any bounce...
Just like other coins !
We was predicting for a dip retest on altcoin but now things are changing.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
BCH LONG!The boundary between the two blue lines is very important!
The price is in a short bullish range and has managed to break the blue range well!
Now in the pullback, the range between the two blue lines is a good place for a steady rise in price
Return to Broken level of highest WR% is a sign of a strong price increase in the near future!
You can trade with three views! Short-term with a goal in the range of 571
Low-risk medium-term with a target of about $ 670 and high-risk medium-term with a target of about $ 1,000
$BCH/USDT 4h (Binance Futures) Descending triangle breakoutBitcoin Cash is looking very bullish here, let's try to catch a decent dip for continuation trade.
Current Price= 504.30
Buy Entry= 471.05 - 449.35
Take Profit= 561.95 | 727.97 | 874.27
Stop Loss= 408.45
Risk/Reward= 1:2 | 1:5.23 | 1:8.09
Expected Profit= +44.48% | +116.72% | +180.36%
Possible Loss= -22.30%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 480h
BCH/BTC 300% potential from here so read full update#BCH/BTC TA Update:-
#BCH/BTC looks good at this level.
I am buying here some and waiting for breakout upward site.
Keep an eye on Red box.
This red box is very important for bull of #BCH
Entry:- 0.0115-0.01156 BTC
Targets:- 0.0156/0.02/0.025/0.035 BTC
If you want to hold then this is good potential.
If candle close below support level then bearish.
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BCH - Bitcoin Cash Looks Ready to Explode!BCH is one of few alts that has yet to have its own bull run against BTC. However, I love this daily set up. BCH broke out of its year long falling wedge and has been coiling up for what I think will be a big break out. Take a look at the massive bullish divergence on the MACD. I'm long here!
BCH forms a Nice Falling Wedge 🔥Bitcoin Cash is one of the currencies that requires holders with a lot of patience :)
But if we look technically, it has formed an A-wave and corrected up to 61.8% of the Fibonacci inside the falling wedge, and now it is ready to start the C-ascending wave.
2 Feb Analysis in Bitex Group :
Bitcoincash (BCHUSDT) Technical analysis updateBCHUSDT (4h CHART) Technical Analysis Update
Resistance zone breakout
BCH/USDT currently trading at $462
Buy-level: $455 to $465 level
Stop loss: Below 410
Target 1: $540
Target 2: $625
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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BCH/USD - Deciding on next steps, $500 in range!BCH did a good run so far despite the sharp pullbacks which can be frustrating.
Now we find ourselves at this local support (dotted line) which I'd expect to hold the price and allow us to go higher towards $500. However if we break below it, then I think this run may take a break and we will need to reload at lower levels before $500 can be reached.
It's important we do not fall lower as that would break the current momentum in price.
I do not like how the indicators look (a bit bearish), but so long we hold at this dotted support line we should be safe.
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Bitcoin Cash (BCH) - February 6Hello?
Dear traders, nice to meet you.
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We have to see if we can get support at 435.40010001 and climb above 501.0.
In particular, you need to make sure you can get the support at 454.59999980 to give off the power of your ascent.
If you drop from the 411.87118638 point, you can touch the 324.10000000 point, so you need to trade carefully.
If you fall at the uptrend line (2) or at 367.31848226, you need a Stop Loss to preserve profit or loss.
(1W chart)
The 411.87118638-501.0 section is an important volume profile section.
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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 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 conventional 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 published by oh92. (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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin Cash - Exiting a downtrend - price reversal BCH/USDTThe price of the coin is consolidating in a falling wedge-shaped trading range. This figure is bullish and indicates a set of positions by a major player. The confirmation will be going out of the trading range. My focus is on the global key resistance line.
Cluster analysis - large volume
Indicators - price reversal up
Break of the wedge -> exit from the trading channel -> confirmation -> continued growth in percentage. Target on the chart
Do not overestimate risks, do not trade with x10-100, be smarter and always take profits, and also move your stop loss.
Ascending Triangle pattern seen in $BCH in 1hr Time FrameAscending Triangle pattern seen in $BCH in 1hr Time Frame
This pattern could move $BCH up to $444 to $456 to $466...
my last chart on $BCH which was the Cup & Handle already breakout!
looks like this pattern already breakout too on $RSR if you will look at my chart on it...
it seem $BCH is imitating the move of $RSR
TYOR..
becareful!
BCH READY TO TAKE FLIGHT!Hello Community!
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BCH/USDT has successfully broken major resistance shown by the trendline in the chart. MACD attempting a bullish cross. RSI made a higher low. We can expect steady grown from here.
This is not Financial advice.
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