Bitcoin Cash rise incomingAfter the big dump,
Bitcoin cash shows a lot of positive indicators leading to validate the bottoming and now coming rise before the 14 of september.
Then we will evaluate the situation to understand if there is any more upside or if the market is just playing fools games as it did during the last week.
Stay safe
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@Zemoood
Bchusdt
BCHUSDT In the next BCH fly up.In the coming days, I think the cache will only fly up.
BCH is one of the saddest tools of top coins. In three days, it managed to fall by more than 35% and is now in the accumulation zone, which was drawn back in the spring and summer.
After a strong downward movement, there is a sidewall.
On the 4H chart, the bulls failed to overcome the main resistance.
And globally we continue to move in the ascending channel
Formally, at 30m we see a triangle.
Briefly about the situation, now I'm waiting for growth to the level of support that I indicated on the chart)
I advise you to wait until the triangle is broken
BCH. Main trend. Triangle. Base of triangle 777%BCH formed a triangle formation globally with a base of 777%.
At the moment, the price is at the resistance of the downtrend line of the main trend. A breakthrough and consolidation above it will mean a reversal of the main trend. Enter on a breakout or pullback after a breakout of a given formation.
If you are not new to trading, then you can try trading within the global triangle.
Moreover, a fractally symmetric triangle of 23% is formed there, which can act as an upward pennant of 53%. If you are a bad trader, but want a lot of money, it is advisable not to trade inside the triangle.
BCH local work. Secondary trend. Triangle 23% 53%
There must be a strategy and a plan. At the same time, your strategy and plan should be flexible from market situations.
BCH local work. Secondary trend. Triangle 23% 53%BCH / USD pair If you are not new to trading, then you can try trading within the global triangle.
Moreover, a fractally symmetrical triangle of 23% is formed there, which can act as an upward pennant of 53%.
Enter on a breakout or pullback after a breakout of a given formation.
Globally, the BCH main trend has formed a symmetrical triangle formation with a base of 777%.
At the moment, the price is at the resistance of the downtrend line of the main trend. A breakthrough and consolidation above it will mean a reversal of the main trend.
BCH. Main trend. Triangle. Base of triangle 777%
There must be a strategy and a plan. At the same time, your strategy and plan should be flexible from market situations.
There must be a strategy and a plan. At the same time, your strategy and plan should be flexible from market situations.
Bitcoin Cash (BCH) - Sep 5Hello?
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 have to see if it can rise above the 236.32000000 point.
We need to make sure we can get support at 229.00000924.
If it falls below the 229.00000924 point, a significant drop is expected.
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I think it is necessary to carefully check the BTC price flow around September 4 (September 3-5) as seen in the XBTUSD chart.
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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/USD (Retest Weekly Major Support?)COINBASE: BCHUSD
-Bitcoin Cash weekly chart view is still sideways
-It is trading inside a potential ascending triangle
-A clear flat area of resistance at 500 dollars
-And new upward trendline of support at 175 dollars
-BCH is likely to retest major support again
-Can we expect another strong upside movement after retest?
-There is a big chance because of good risk to reward ratio
-Buyers will be interested if the price get this low
-Please don't take this as financial advice
-Technical analysis is only a guide for future scenarios
-Exercise proper risk management
Bitcoin Cash (BCH) - August 29Hello?
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's supported at point 264.48269150, and we have to see if we can climb above 277.55942898.
If it falls from the 264.48269150 point, it is likely to touch the 229.00000924 point.
I think that in order to make further gains, we need to rise above 277.55942898 points over the weekend to gain support.
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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.)
BCHUSDT, Possible scenario...The price is about a stromg Key Level and the global trend is bullish, that's why I see the situation in bullish scenario.
If we will see a false breakout after huge accumulation we can open buy with a nice risk/reward ratio.
Dear followers, the best "Thank you" will be your likes and comments!
Before to trade my ideas make your own analysis.
Thanks for your support!
Bitcoin Cash (BCH) - August 22Hello?
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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You need to make sure you can get support on the 273.86928007-277.55942898 section.
We have to see if we can touch more than 296.98564140 points around August 24.
-------------------------------------------------- -------------------------------------------
** 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/BTC (Accumulation Phase?)BCH/BTC
-Bitcoin Cash is on an accumulation phase
-Trading at key support area or pivot zone last Dec 2018 history
-BCH is also forming a potential Descending triangle pattern
-Which is a bullish reversal sign if confirmed
-If you are a long term trader
-This crypto is perfect for your taste
-Because you are buying a demand zone
-But always remember to buy only you are willing to lose
-This asset can be dead for many months or even years
-Patience is the key here
Bitcoin Cash (BCH) - August 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 should be seen if it can rise above the 302.26491510 point.
We need to make sure we can get support at 292.91252652.
If you don't get above the fast uptrend line (2), you're likely to touch the 264.48269150 point.
If it does not rise above the long-term uptrend line (1), there is a possibility that it will eventually turn into a downtrend.
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Coin market volatility period (August 14-17).
Therefore, I think careful trading is necessary.
I think it is better to observe the flow rather than rushing to trade according to the price flow.
I think this is a time when only minimal trading is possible 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 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.)
Bitcoin Cash Bullish on 4HRMost of my analysis is on the chart but I have a minimum bullish target of $315! We have strong support around $270-$275 and I will remain bullish until that breaks. Showing lower levels of bearish momentum on the MACD and Market liberator B while throwing a green dot buy signal. On market liberator our blue wave is showing a bullish trigger wave with a green dot on the main wave so I'm really feeling the bulls should step in soon and like ETH should move up quickly once breaking resistance around $300-$305. Thank You For Your Time and will be posting more charts later tonight!
Inverted Head&Shoulders on BCHBTCHello, traders.
BCHBTC is forming a possible inverted head and shoulders on an important support level on 15 minutes intraday timeframe.
Attention: The entry point is only after the breakout of the neckline. The stop-loss must go below the last bottom and, the objective is on the next important resistance level.
The blue line is another excellent entry point for this asset.
BCH/BTC (Accumulation Phase?)BCH/BTC
-Bitcoin Cash is back at previous 2 years Swing Low support late 2018 history
-Base from the bigger picture, it looks to be in the accumulation stage
-But it is gonna take more weeks or even months to confirm a true reversal
-If you are a long term holder, the market is good to add position
-While swing traders will wait for the trendline breakout to confirm the reversal
-There is always a risk in every environment so please use proper trade size management