Bchusdt
BCHSUDT Daily S/R| Swing High| Price Action| S/R Flip RetestEvening Traders,
Today’s second analysis – BCHUSDT- breaking key Daily S/R, holding it as support will solidify the level.
Points to consider,
- Price Action Impulsive
- Daily S/R Support (S/R Flip Retest)
- Swing High Target
- Oscillators neutral
- Increasing Volume
BCHUSDT’s immediate price action is impulsive above Daily S/R, a confirmed S/R Flip Retest will allow us to maintain a bullish bias.
The current target is swing high; exceeding this level will increase the probability of a trend continuation.
Both oscillators are currently neutral, trading in their respected bullish control zones. This is an indication of strength in the immediate short term.
The volume profile is evidently increasing, must sustain for continued follow through.
Overall, in my opinion, BCHUSDT is a valid long with defined risk; price action is to be used upon discretion/ management of trade.
Hope this analysis helps!
Thank you for following my work
And remember,
‘’No on‘’No one strategy is correct all the time’’.- John Paulson
2020/10/23 BCH follow-up trendFrom the daily line, we can see that BCH is currently trying to break through the neckline pressure of the past.
It is also a downward trend pressure on the daily line.
In the 4-hour chart, backtested to 0.786 and go to 1.414-1.618.
If it can stand firm and break through the daily downward trend pressure,
The first goal falls on Fibonacci 2 (289.83).
The target price above is 289.83 (2), 301 (2.272), 307 (2.414), 316 (2.618) in order
Supports are 264 (1.414), 258 (1.272), 246 (1)
# This analysis is a personal forecast and does not have any investment advice, please refer to it carefully.
Bitcoin Cash (BCH) - October 14Hello?
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It remains to be seen if it can rise above the 264.48269150 point and the downtrend line (2).
If it goes down, you need to make sure you get support at 243.80708674.
If it falls below the 234.24765190 point, I think it is necessary to trade in installments to preserve profit and loss.
We have to see if we can move above the 284.15870917 point and turn the trend.
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** 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.)
Bitcoin Cash Looks JuicyBitcoin Cash gained some upward movement. The coin is bounced back from the support zone. We have a hardfork coming for BCH. The hardfork will happen on 15 November and everyone knows the history of hard forks. The coin usually pumps before the hardfork and dumped on the day of the hardfork. Buy and hold BCH until 10 November and exit the coin before the hardfork date.
Buy Zone: $235-$240
Targets: $265- $290 - $315- $350
Stop Loss: below $200
BCHUSDT waiting for a breakout in the triangleHi, everyone! Today we’ll take a look at LTCUSD!
As we can see from the graph, the price is traded within the triangle, gradually approaching the completion of the trend with the expected sample with a probable retest, also forming an upward channel, within which I assume a subsequent bovine dynamic after the retest by impulse. Taking into account the current Bitcoin dynamics, the long positions for the Altcoins are potentially more likely. 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. If you have any questions about investing, write to me.
Bitcoin Cash (BCH) - October 9Hello?
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.
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We need to see if we can move above the 234.247651895 point, which is the midpoint of the uptrend that started on March 13th.
So, we have to see if we can climb above the 236.32 point.
If it rises above 236.32 points, I think the BTC price itself is likely to rise as well.
If you touch the base line and fall, you should get support at 236.32.
If it falls below the downtrend line (3), it is a short-term Stop Loss.
In order to turn to an uptrend, I think we need to deviate from the downtrend line (2).
Therefore, it must be supported above point 264.48269150.
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** 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 generating profit 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 must trade from a short-term investment perspective.
BCH. 3D. A break of $195 will open the way to $160.An old BTC fork showed great promise in 2017. When it was worth $4,000 , many predicted that sky-high growth would continue.
Now, BTH is trading around $225.
The volatility is low and it can be traded as a diversification asset.
From the level $195, the price has already been thrown up several times, but perhaps in order to sell more expensive.
If the price falls below $195, then the next target is below $160.
If everything is very bad on the crypto market, we would gladly buy this asset at $120.
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Bitcoin Cash (BCH) - October 1Hello?
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.
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It rose with support at 214.34678138.
We need to see if we can get support at 229.00000924 and raise expectations for the upside.
We have to see if we can break through the 234.24765190 point and climb up to get support at 236.32000000.
If you fail to break through the 234.24765190 point, it is possible to touch the 194.19134433 point or less.
Before challenging the 234.24765190 point, we need to see if we can stock up with support at the 229.00000924 point.
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I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.
About October 28, when maximum volatility is expected to occur, is about a month left.
The most important thing is to generate money, so I think it's time to trade to earn money.
** 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 generating profit 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 must trade from a short-term investment perspective.)
BCHUSDT upward wedge in the upward channel, waiting for breakoutHi, everyone! Short review of BCHUSDT.
As you can see from the graph, after the global falling wedge broke and the trend shifted, a local upward wedge formed in the upward channel. We are waiting for a break and the price to fix to enter into short position.
Thank you for your attention! If you like my analysis, put likes and follow me. If you have any questions about investing, write to me.
BCH going higher as i predictedI predicted a rise on the 14 and it happened.
Now, it will all depend of BTC that has good chances to move above 11200 in the coming week.
It's all written
We could rise back to 270 and hopefully after reclaim 320 again.
Watch out for whales moves as they played us a bad trick early september
Bitcoin Cash (BCH) - September 15Hello?
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.
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It is rising above the 234.24765190 point.
You need to make sure you can get support at point 234.24765190.
If you get support at 234.24765190, you're expected to gather strength to ascend.
It is expected to continue the upward trend as it breaks through the 243.80708674 point, and it remains to be seen if it can break through the 264.48269150 point.
If it falls at 234.24765190, it is a short-term Stop 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 generating profit 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 must trade from a short-term investment perspective.)