#BCHUSDT Sideways Channel ($100-$150)Trade setup: Trading in a Sideways Channel ($100-$150). Swing trader: trade the channel (Enter near $100 support and Exit near $150 resistance). Trends remain bearish but $100 support area could be a swing entry point for a riskier trade setup; keep a tight stop loss (~$95). (set a price alert)
Trend: Neutral on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium
Support and Resistance: Nearest Support Zone is $100. The nearest Resistance Zone is $150, then $200.
Bchusdtrade
a clear signal to go long on BCHUSDTthe overall trend is to the downside but before we continue the move to the downside, am predicting the market needs to retest my daily timeframe trendline the third time. after the break of structure on the 1hr timeframe the market pull back to my zone/ support, which is also the 61% fib level, so am looking to go LONG after the formation of that double bottom. stop loss : 116.5
#BCHUSDT looks prime for 500% Rally!Welcome to this quick BCH/USDT 1day analysis in the chart.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-#BCH/USDT looks triangle pattern create and 500% Rally confirms and long term hold!
Entry:-$262
$317
Target:- 400% TO 500%
Stoploss:-$210
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of BCH in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
BItcoin Cash Midterm Analysis📊 BCHUSDT (Bitcoin Cash )
💹 Time Frame: Daily (Update)
➖➖➖➖➖➖➖➖
🟡 BCH is now trading near the S/R area of 350$. BCH has already broken the trend line and holding it well. You can build your position in BCH near the 370$ _ 400$ area but . The first resistance is $620 area
and the major resistance is $700-$720 area. The next good support is 260$_ 300$ area.
⚠ Use proper stops in trades as the market may become Volatilein the coming days.
💎 This analysis will be updated
Amir Hossein
📅 02.11.2022
⚠️ (DYOR)
be ready for at least 80% profits 🚀right now possibly we may correct shortly but nothing to worry about.
1- the price returns back to close above EMA 50.
2- the candle body is getting bigger each week. (momentum increasing)
3- as soon as BTC is showing strength for goin up, it gives good indicator for seeing higher highs n lower lows.
🔶🔶FREE MIDTERM VIP SIGNAL🔶🔶
Pair: BCH/USDT
✅ BUY: 570 - 650 ✅
🎯 Targets:-
1- $700
2- $805
3- $975
4- $1200
5- $1420
6- $1640
STOP LOSS: $530
Check the continuation of the #BCH processThe formation of a rectangle and the side space inside it and passing through each side, determines the continuation of the process. Most of these rectangles in this position are ascending charts and can reach two important resistances. After the orange inflatable box, you can think of more mountaineering (namely 2400 hits).
In the lower time frame, the points of sale were identified that you can use both sides
💡BCH: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021IMPORTANT TIP: CRYPTO Market IS AT TOP, On Weekly Timeframe BTC is Bearish . Still Alt Coins are Rising Continuously, Don't Know Where ALTS will take U TURN. Thts Why "I Request Please Invest Just 1-2% in Alts Whenever We Post Signals"
📈#BCHUSDT
➡️Entry:853$
🎯Target 1: 972$
🎯Target 2: 1170$
🎯Target 3: OPEN$