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Bchusdt

Ahead of the Curve - InformativeThis is an informative post rather than an analysis. Hopefully someone extracts some value from it. I believe in staying ahead of the curve, in doing this, we don't need to make fast moves. Being patient often pays. For example Bitcoin Cash, has a goal at the end of its Roadmap "mankind scale" which includes 50 transactions a day for 10 billion people. Positioning ourselves for these events in the roadmap, can provide a new way at looking at scaling and in my mind 'payment options' We are starting to see the adoption of Bitcoin ATM's and Bitcoin payments within stores. "the obvious option is "buy bitcoin??!" which I feel a lot of people stick to. However is this ahead of the curve? In the grand scheme of things it most likely is, but are there better options? Bitcoin Cash for example, a fork of Bitcoin, is processing more payments than Bitcoin in Africa, coupled with an underdeveloped and youthful TA situation. Gives large prospect for growth. The 'mankind scale' creates a thought provoking assumption. That the majority of the world will be using cryptocurrency. (im not an expert at population inflation rates) In my opinion Ethereum is the clear winner in diversifying and revolutionizing the way we view currency. With the introduction of DeFi. And my portfolio reflects this decision. Thankyou for reading my thoughts. Remember its not just Bitcoin. Bixley
KRAKEN:BCHUSD
by Bixley
3
Bitcoin Cash (BCH) - December 15Good morning? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We must see if we can climb above the resistance section of 278.26196606-293.00097721 and break above the 293.00097721 point. If it falls at 278.26196606, it is a short-term Stop Loss. If it rises from the 293.00097721 point, a move is expected to break above the 324.1 point. -------------------------------------------------- ------------------------------------------- ** 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. ** 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 trading. You should trade from a short-term investment perspective.)
by readCrypto
1
BCHUSDT formed bullish BAT | Upto 38% move expectedOn the daily chart, the price action of Bitcoin Cash has completed bullish BAT pattern, now it has entered in the potential reversal zone. There are also 100 and 200 simple moving averages supports in the potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Potential reversal or buying zone: $262.77 to $248.88 Fibonacci projection or sell zone: $295.91 to $345.57 Stop Loss: The potential reversal zone area that is up to $248.88 can be used as stop loss in case of complete candlestick closes below this level. Possible profit and loss ratio: As per above targets this trade has a profit possibility of 38.8% and as per the above-mentioned stop loss, the loss possibility is 6%. Note: Above idea is for educational purpose only.
Long
by moon333
2
Bitcoin Cash (BCH) - December 10Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You should watch for any movement that deviates from the 230.18881201-278.26196606 section. We should watch if there is a flow that breaks through the volume profile section of the 209.23112174-230.18881201 section and the 278.26196606-293.00097721 section. You should also watch for movements that deviate between the uptrend line (3) and the downtrend line (1). I think BCH in 2020 was weak. So, if you check where you're supporting it, you can expect a lot of profits in 2021. -------------------------------------------------- ------------------------------------------- ** 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 trading. You should trade from a short-term investment perspective.)
by readCrypto
2
Bitcoin Cash (BCH) - December 6 (with 1W chart)Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- (1W chart) If you look at the trend from the week of December 17, 2018 to the present, Movement came out in the 79.10401598-520.0 section. However, looking at the flow from the week of March 16, 2020 to the present, Movement came out in the 147.82760771-370.0 section. Sideways in a certain section is a movement to keep the price, so I think it is a good trend. However, it means that the waiting period will increase. No one knows how long this waiting period will be. However, in order to turn to an uptrend and create a new wave, it needs to be supported above the 454.59999980 point. As long as you wait, it is difficult to obtain profits due to stagnant funds over a period of time. You have to think about it according to your own investment method. (1D chart) We need to see if we can break above the volume profile section of the 278.26196606-293.00097721 section and climb along the uptrend line (4). If it falls at 278.26196606, it is a short stop loss. If it falls in the 209.23112174-230.18881201 section, a Stop Loss is required to preserve profit and loss. -------------------------------------------------- ------------------------------------------- ** 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 trading. You should trade from a short-term investment perspective.)
by readCrypto
4
BCHUSDT going to rebound from the channel’s resistance lineHi everyone! Today we'll take a look at BCHUSDT. As you can see from the graph, the price is traded in an upward channel, and as the line of support approaches, BCH, like all alts after Bitcoin, went down. I expect a rebound from the line of resistance, after which growth. This is my personal opinion, not a call to action! Thank you for your attention! If you like my analysis, put likes and follow me. May the profit be with you!
by TopTrader77
BCH 1D Good news is over, the fall can be...We can be unfounded, but in fact Bitcoin cash is almost the most successful fork in the crypto world. Usually forks, after a few months, lose 99.9% of their value and become useless. BCH fork of BTC which lost 93% of its value from its high $4,000 and is now trading around $300. BCH itself already had two forks recently on 15 November, after which the price shot up. BUT, after each of them, the exchanges delete the history of previous trades. Kraken is almost the only crypto exchange that has preserved the entire trading history. You can conduct a thorough analysis of the trading history, for what we thank it. So, a move could be a positive scenario if the BCH value can rise to the levels $290 and $310. Nevertheless, from below, in the coming weeks, the level $195-200 will attract to itself.
KRAKEN:BCHUSD
by P_S_trade
2