Bitcoincash
Bitcoin Cash Lags Behind But Not For 10X Long (85% Possible)We are seeing how Bitcoin Cash (BCHUSDT) is lagging behind some other altcoins but we believe this won't continue to be true for long.
The early/mid November shake-out has been completed and what follows is a bullish jump.
Today BCH moves above EMA10 after multiple days of consolidation.
The RSI is still weak but the short-term bias is pointing up.
The easy target is set at 20% or $133.
The next target on a higher high is $208.
We are active with 10X on this one.
You can find more high-risk lev. trades in the "Related Ideas" below.
Thank you for reading.
Namaste.
Coinbase to delist Bitcoin Cash (BCH) from Coinbase Wallet last chart
Coinbase to delist Bitcoin Cash (BCH), Ethereum Classic (ETC), XRP (XRP), and Stellar (XLM) from Coinbase Wallet!
My price targets:
BCH/USDT short
Entry Range: $108 - 113
Price Target 1: $88
Price Target 2: $79
Price Target 3: $70
Stop Loss: $129
Bitcoin Cash Strong | Daily & Weekly TimeframesIt may look weak but it isn't...
Trading above EMA50 is very strong for the bulls.
We even have a bullish cross forming for Bitcoin Cash vs Tether (BCHUSDT) between EMA10 and EMA50.
On the weekly timeframe, BCHUSDT is now trading above EMA10 after 4.5 months of sideways (consolidation)...
After consolidation comes the bullish break.
Namaste.
Bitcoin Cash Retracement LevelsSaint Kitts and Nevis may be adapting BTC as legal tender in 2023, but that won't prevent the asset from retracing first, which works to the advantage of the savvy crypto investor. I see BCH reaching possibly beyond the 2.618% Fibonacci retracement level in the short term as the markets reset during this bear winter. We may markup, but any markups above TRR most likely will not be sustained prior to the macro sell-offs.
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Not financial advice. Always DYOR and trade at your own risk.
Bitcoin Cash | Not Ready, Not yet; Potential For LowerYesterday Bitcoin Cash (BCHUSDT) tried and failed to move above EMA10 and EMA21.
We see this rejection coupled with high bear volume.
Today we are seeing prices growing below EMA10; bearish growth.
This is bad news as EMA10 is our main indicator to gauge the short-term potential of any cryptocurrency trading pair.
We can also see EMA50 or $110 as a strong barrier, this is the level to break for positive CHANGE.
Any trading below $104 and we can expect lower prices...
Targets: $95 is possible but even $80 is on the cards and lower...
Let's wait for the bottom!
After we hit bottom, we definitely will have long-term growth... That's the meaning of bottom, it can't go lower and this will be set in the next few weeks, maximum a few months.
See the related trade ideas for more.
Remember, I am always grateful for your continued support.
Namaste.
The Bitcoin Cash bull runThe falling wedge retest is complete, now Bitcoin Cash can finally start its bull run.
Long entry: 6200 sats
Take profit: between 1 / 1.2 btc
This is my personal opinion and this is not a financial advice! Good trading!
Bitcoin (BTC) formed bullish Shark for upto 16% pumpHi dear friends , hope you are well and welcome to the new trade setup of Bitcoin ( BTC )
During the previous dump, we cauth a nice pump of Bitcoin as below:
Now on a daily time frame, Bitcoin has formed a bullish Shark pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BCASH DEAD CAT BOUNCE INCOMING THEN NEW SLOW BLEED LOWS TO $14BCASH really took a nosedive since its all time high around $4500 down almost 99%, and has yet to recover even slightly. The previous bull run where most coins went to new all time highs or at least close to their previous all time high, Bcash didnt even come close and any gains it had made in that last run was deleted in almost one single weekly candle, which proves that BCash investors cashed out of this at both tops. Only ones still holding now are small retail investors hoping to get rich or thinking that this coin actually has a future,it doesn't. BCash died a long time ago. Interest is dying in this coin, and the 51% attack it suffered a couple years ago really put a damper on this coin and the rally that followed during the latest bull run was lackluster to say the least. Indicators on the short term time frame are showing some bullishness but longer term indicators bi-weekly and monthly are still bearish and at best this next run BCash will make one more dead cat bounce before its slow bleed out over the next few years down to double and even single digit lows. Also the creator of this coin Roger Ver is a felon for one and his most recent actions involving Coinflex was a shltbag move to say the least. He literally almost bankrupt the company because he failed to cover his $45 million dollar margin call that he promised he would. Dumbass made a bad trade and now doesnt want to own up to it. The exchange needed to raise money from other investors to be able to continue its operations. There is currently a lawsuit against Ver for this. Hes a crook just like Do Kwon and BCash will suffer the same fate as Luna. Take profits or forever hold your peace! This is not trading or financial advice this is just my opinions and speculations.
BCASH DEAD CAT BOUNCE INCOMING THEN NEW SLOW BLEED LOWS TO $14BCASH really took a nosedive since its all time high around $4500 down almost 99%, and has yet to recover even slightly. The previous bull run where most coins went to new all time highs or at least close to their previous all time high, Bcash didnt even come close and any gains it had made in that last run was deleted in almost one single weekly candle, which proves that BCash investors cashed out of this at both tops. Only ones still holding now are small retail investors hoping to get rich or thinking that this coin actually has a future,it doesn't. BCash died a long time ago. Interest is dying in this coin, and the 51% attack it suffered a couple years ago really put a damper on this coin and the rally that followed during the latest bull run was lackluster to say the least. Indicators on the short term time frame are showing some bullishness but longer term indicators bi-weekly and monthly are still bearish and at best this next run BCash will make one more dead cat bounce before its slow bleed out over the next few years down to double and even single digit lows. Also the creator of this coin Roger Ver is a felon for one and his most recent actions involving Coinflex was a shltbag move to say the least. He literally almost bankrupt the company because he failed to cover his $45 million dollar margin call that he promised he would. Dumbass made a bad trade and now doesnt want to own up to it. The exchange needed to raise money from other investors to be able to continue its operations. There is currently a lawsuit against Ver for this. Hes a crook just like Do Kwon and BCash will suffer the same fate as Luna. Take profits or forever hold your peace! This is not trading or financial advice this is just my opinions and speculations.
BCH - Nothing Much To Say Here... Just Use Your Eyes On This OneCrashing structure between Bitcoin 2019 and Bitcoin Cash (BCH) looks nearly identical. Will see what happens from here, but i am 90% shore we will see a breakout from here in the next week/weeks.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
BCH - 1st and 2nd TPs Have been Reached!!I have been short BCH from 138.50. This was a short-term trade just to pocket a few bucks. My targets were 111.00 (1st TP) and 107.00 (2nd TP) zone respectively. These two zones were successfully reached.
Check out my previous analysis in the RELATED IDEAS section below.
PRICE ACTION AND PATIENCE ARE KINGS!!!
BCHUSD - Long Position - OversoldLooking at the chart of BCHUSD we can see an oversold condition on 4h timeframe which means a long position is possible.
Following the Bollinger Bands and the RSI 14 we can see the price has touched the lower band and the RSI has been below 30.
The aim is to take profit at the resistance line shown in the chart.
All further details are shown on the chart.
Goodluck!
BCH - AnalysisBCH continued its range trend during the last week. The price is still in the short-term ascending channel. In the 4-hour time frame for this currency, resistance is considered in the range of 120-122 dollars, which is expected to be accompanied by a reaction after hitting it. But since the short-term trend is upward, there is a possibility of breaking this resistance and moving towards the resistance of the ceiling of the ascending channel.
In this case, the second target is in the range of 127 to 132 dollars. But if the buyers fail to push the price above the $121 resistance area, there is a possibility of breaking the channel floor support and the $110 area support. The following supports that we can consider for this currency are in the range of 94 to 101 dollars. We can also consider a dynamic resistance on the chart, which is exactly in the resistance range of 120 to 121 dollars. Therefore, this resistance is the turning point for the continuation of the trend.