BCHUSDTThe whole market seems to be at a standstill just about . Everything is waiting on bitcoin to make a move. I feel like the price position that BCH is at right now is good(It still hasn't made much/hardly any recovery like most other coins from the small BTC drop and it's still down 4% from yesterday )I'm expecting this should be a quick Saturday/Sunday profit of about 4%. The chart looks pretty healthy. The bitcoin price coming up on another retest makes me worry. I'll have a small SL order set.
Bchusdt
Bitcoin Cash (BCH) - August 8Hello?
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We will see if we can ascend to the critical section of 313.0-360.34815973.
The long-term uptrend line (1) is passing near the 313.0 point, so if it rises above the uptrend line (1) and gains support, we expect a lot of gains.
If it goes down, we need to see if we can get support at 273.86928007.
The point 264.48269150 is the upper point of the box section, so it is a short-term stop loss.
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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 (BCH) - August 1Hello?
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It broke above the box section (264.48269150 point) and is on the rise.
You should see if you can rise above the long-term uptrend line (1).
You have to watch for if you can start to climb above 432.40010001 by joining forces in the critical section 313-360.34815973.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
BCHUSDT AnalysisIf you followed EngineeringRobo's BUY 2 & Super Buy signals and bought at the beginning of July, enjoy your 22.57% PROFIT!
Also, there's a MOON signal follows last week of July.
If you're holding BCH, do not hurry to sell it. Wait for candles to reach at resistance level ($342).
As of now, I'm bullish. The candles are above the resistance level ($266) and I'm expecting the candles will reach at next resistance level ($342).
If there will be no SELL signals from EngineeringRobo, enjoy your 45% PROFIT!
$BCH TRADE IDEA UPDATEBitcoin Cash Market Breakdown - July 28th, 2020
Update from yesterday's BCH chart, as I said the price would continue rising although some indicators are pointing into the 'topped out' direction
TP set at $305
If you followed this trade yesterday when I posted it and entered along $267 resistance, you would be big chillin right now and could set the stop loss at $280 ($279.2) which is the top of this 'distribution' zone
Prediction of Crypto Markets with AiInfluencer Social Market Sentiment is one of the 6 types of social alerts that RoninAi project is producing.
The 6 types of social alerts are presented below:
1. Market Manipulation Alert
2. Market Trend Reversal Index
3. Market Trend Intensity Indicator
4. Market Top and Bottom Index
5. Influencer Social Market Sentiment
6. Institutional Volume Signals
Great predictions of crypto markets based on Influencer Social Market Sentiment.
These Social Alerts are good for BTC, ETH, LTC, BCH, and XRP (COINBASE:BTCUSD , COINBASE:ETHUSD , COINBASE:LTCUSD , COINBASE:BCHUSD , and COINBASE:XRPUSD).
For more info, feel free to drop your questions in the comments.
BCH/BTC 1D Jul. 25Suggested Entry: 25215
Target 1: 26650
Target 2: 27800
Target 3: 28840
Stop Loss: 24250
The reason why Bitcoin Cash (BCH or BCHABC) is bullish despite having a similar setup to XRP is for two main reasons:
- Technical indicators support a stronger evidence for bullish momentum
- While confirmation is yet to be provided, it could be argued that BCH has broken out of the descending wedge pattern
As a descending wedge pattern in a downtrend is typically identified as a bullish reversal pattern, we suggest a long position with targets leading up to previous historical resistance levels, and a tight stop loss below significant support.
Trade safe.
Bitcoin Cash (BCH) - July 25Hello?
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It's still sideways.
264.48269150 Watch to see if you can rise above the point.
If supported at the 264.48269150 point, it is expected that there will be a rise to challenge the long-term uptrend line (1).
-------------------------------------------------- --------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
BCH/USD 60min long.
####### BCH/USD Technical Analysis - 240m - July 24 #######
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~ Active Trend : BULLISH
~ Background Trend : STRONGLY BULLISH
~ Technical Indicators : 50% Bullish, 11% Bearish, 39% Neutral
~ Weights : RSI and CCI bearish Divergence, $5m market Sell order BTC
~ Targets : 242, 260
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Sentimental Analysis
The basic bullish trend is very strong on BITCOIN CASH - BCH/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 232.50 USD. Crossing the first resistance at 242.49 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 260.26 USD as an objective. Crossing it would then enable buyers to target 308.22 USD. Caution, a return to below 232.50 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Bitcoin Cash/Tether US, Different directions...We can see different charts at different timeframes.
But The Daile chart is more important for monitoring.
The global trend is bearish and we should look for trades in trend directions.
The H1 chart can be useful for those traders who like short term trades.
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$BCH Found Support at $222Bitcoin Cash Market Breakdown - July 20th, 2020
Bitcoin Cash has hit both our entry points, with the most respected support at $222
Entry should've been along $222, although I think another touch of $222 is very possible
If the price continues to drop with Bitcoin, I expect to see $213 in price
BCH rejected hard off our $246 resistance, meaning the price is going to fall and that's what it did
Tight stop off $222, might go down to $213 and if entry there set another tight stop
There is little volatility in the markets right now, but it does look like markets are picking up a bit.
As always please do your own research, I am not a financial advisor.
Bitcoin Cash/Tether US is close to the Support Level...If the price will cross the Support Level it will be a nice opportunity to open the Sell position.
The reason is the global bearish trend, every next high is lower than the previous.
Potential profit will be 3 times bigger than the risk.
Let's watch this together!
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