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Bitcoincash

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. **Like making money? Be sure to subscribe for more clean, accurate, easy-to-follow swing charts with high win ratios (80-85% average). Not financial advice. Always DYOR and trade at your own risk.
COINBASE:BCHUSDShort
by jalapablo
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.
Short
by MasterAnanda
2
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.
KRAKEN:BCHUSDShort
by Bitgolder
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.
Short
by Bitgolder
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.
by MonoCoinSignal
8
Bitcoin Cash - Red Alert!I posted a chart on Bitcoin Cash a few days ago, you can check it on my profile and follow me for further updates. Here I present the line chart with a bull pennant type structure on RSI (Relevant Strength Index) and a symmetrical triangle on the candlestick chart. Most people would have this triangular shape down as an inverse bullish pennant, signalling a continuation to the downside, however, I see a symmetrical triangle and these structures can be both bearish and bullish. Because of the RSI showing a bullish pennant, my thoughts are that RSI will go up, which in turn would mean price goes up. You can see XRP already leading the way in the altcoin market and generally XRP leads the altcoin market into a bull run. There is also a good chance Bitcoin has topped in this cycle, so it wouldn't suprise me to see some of the funds in bitcoin swap back over to bitcoin cash, which has not completed a full cycle yet.
BLong
by missedamillion
Bitcoin Cash is good for long? SignalBitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity (big blocks). In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, Bitcoin Cash payments are sent directly from one person to another. As a permissionless, decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank. Unlike traditional fiat money, Bitcoin Cash does not depend on monetary middlemen such as banks and payment processors. Transactions cannot be censored by governments or other centralized corporations. Similarly, funds cannot be seized or frozen — because financial third parties have no control over the Bitcoin Cash network. Bitcoin Cash (BCH) is an alternative to the oldest and most traded cryptocurrency - Bitcoin (BTC), only the BCH network is much faster and cheaper. In 2017, BCH developers modified the BTC code, releasing their own version of the software and a full-fledged competitive product, which split Bitcoin into two blockchains: Bitcoin / Bitcoin Cash, and consecutively, two assets - BTC / BCH. Bitcoin Cash is a clear result of a hard fork in blockchain. Moreover, another hard fork, which divided Bitcoin Cash into two parts: Bitcoin ABC and Bitcoin SV, took place in the fall of 2018. There are several distinctive features that separate BCH from the origin. The main one remains about the block size. Blocks in the BCH blockchain can be larger, which means that more transactions can be processed at a time, so that the additional space helps to avoid higher fees. However, since the potential block size is larger, storage & audit become more costly and users may find it troublesome to download a copy of the blockchain. From the technical perspective, Bitcoin Cash is very similar to the Bitcoin algorithm, namely: both projects have a hard cap of 21 million coins, and also use Proof-of-Work (PoW) consensus framework and nodes to verify transactions. Thus, traders can consider BCH as a hedging tool, investing in which may save them some risk. On the plus side, due to the larger block size, Bitcoin Cash (BCH) works faster and has lower transaction fees, which makes BCH a better option for small everyday transactions. Furthermore, Bitcoin Cash supports smart contracts and ecosystem apps like CashShuffle, a coin mixing protocol, and CashFusion, a privacy-enhancing solution for the Bitcoin Cash network. These technologies have their pros and cons: thanks to CashFusion, it becomes extremely difficult to trace the path to the user's assets, however one should bear in mind that commissions are charged for each mixing, so making frequent mixed transactions may have a cost. Bitcoin Cash provides a platform for Peer-to-Peer (P2P) payments between individuals, with the average transfer fee being as low as $0.01, and the settlement is instant. This means that Bitcoin Cash is suitable for money transfers, international trade, everyday transactions and microtransactions. In addition, Bitcoin Cash supports economic freedoms by providing an alternative form of money, protected against confiscation, any other forms of censorship and devaluation (due to inflation). Bitcoin Cash is a decentralized network where users influence the development of the protocol. One key attribute is fixed in the code: the maximum supply of BCH is capped at 21 million coins, which is likely to remain so. Therefore, the key features of Bitcoin Cash include the following: 1- Transactions are recorded on the blockchain, the ledger is updated at regular intervals, which allows users to track the history of ownership and eliminate fraud threats promptly. 2- Bitcoin Cash is an open network that can be used by anyone for free and uncensored, identities are not attached to transactions. 3- Nodes that follow a set of rules (aka protocol) are responsible for the longevity of stored information. The protocol itself can be upgraded with the help of ecosystem participants, but that requires a high degree of consensus among them. 4- All transactions that have ever been recorded on the blockchain are not subject to change. 5- The Proof-of-Work (PoW) mechanism contributes to network security. 6- Bitcoin Cash is a hard asset with the maximum supply of 21 million $BCH. 7- Bitcoin Cash guarantees its users fast, affordable, and most importantly - reliable transactions without being tied to any location, which makes it a worthy replacement for existing payment networks. Buy setup Entry : 95 - 114.5 SL : 81.4 TP1: 118 TP2: 122 TP3: 127 TP4: 133 TP5: 140 TP6: 147 TP7: 155 TP8: 164 TP9: 174 TP10: 185 TP11: 200 TP12: 220 TP13: 250 TP14: 280 TP15: 320 TP16: 370 TP17: 435 TP18: 530 Spot and Future (1x, 2x, and 3x) Run and enjoy it! Follow me! Copy my trade! BingX TradeSetup_Reza
Long
by rezamehrjuyan
1
Bitcoin Cash - The Lost Dinosaur I have recently been paying attention to bitcoin cash and in particular, the oldest chart I can find with all the data from previous bull runs etc. As shown, the weekly chart is showing a potential Elliot Wave structure with wave 1 being complete and wave 2 either complete or very close to being complete. IF this is a 2-wave structure within a broader 5 waves then wave 3 is next, which is the fastest, most aggressive wave of all the waves in the Elliot Wave theory. From a fib time span, bitcoin cash should start going up this week and into November.
BLong
by missedamillion
1