BCHUSD going for the 3rd attempt to break above the 1D MA100Bitcoin Cash (BCHUSD) has been trading below a Lower Highs trend-line since the May 12 2021 High. So far we've had 3 major rejections on that trend-line. Even though the coin is still not outside of this long-term bearish trend, on the short-term the price is attempting to establish a respectable bullish move as it is going to make the third attempt to break above the 1D MA100 (green trend-line) within a 1 month time-frame. This trend-line has been intact since April 26.
If that breaks, it will issue the first signal that we may finally see a bullish break-out above the Lower Highs, as the 1D MACD will make a Bullish Cross. The immediate Resistance level if a break-out takes place, will be the 1D MA200 (orange trend-line), which is right above it but mostly the 1W MA50 (red trend-line). Above the Resistance (previous Lower High) of 395.50, Bitcoin Cash officially enters a new long-term parabolic rally.
Note that what gives more chances to the upside right now is the fact that the 1W RSI is above its MA. If the MA holds as a Support, it will further boost the bullish potential.
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Bitcoincash
Bitcoin (BTC) formed bullish Shark for upto 19.50% moveHi friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC)
On a daily time frame, Bitcoin has formed a bullish Shark pattern.
Buy between: $21153 to $20183
Sell between: $22104 to $24135
Stop loss:
Below: $20183
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 19.50%, and a loss possibility upto 5%.
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
BCH Price Still Has A Potential To Reach $6k AreaLike majority of mid cap projects BCH is forming very similar crashing pattern as BTC did in 2018. Of course 2018 btc crash happened with different velocity and curve, but price did have some kind of bounce and sideways movement as BCH had this time.
If we extend fib. levels over 2018 bitcoin crash where level 1 sits at 2017 ATH and level 0 at the low, we can see that the price did first reach lo 0.618 retracement, then eventually crashed, closing the gabs above the low, only to have another breakout and pint point nailing level 4. fib. extension (69k). Time will tell very soon if BCH price will react to the same fib. retracement/extension levels, but if does, it would mean that the price would first climb just above 1k, then have an accumulation back below $200, then of to the races to 6k area where level 4 fib. extension level sits at. Imagine that, it would truly be an amazing alt season.
Remember that time is irrelevant here and no one knows when things will happen or for how is anything gonna take to play out. We can only speculate price areas based on historical price movement.
It is only a speculation, we need more time to really confirm all of this but when price is set for new ATHs after a major crash like this, it tends to react to above mentioned fib. levels.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
ETH Merge, HODL for some free coins?Ethereum's long-awaited merge is just around the corner, possibly the week of September 19th according to recent news.
Hopefully the 21st of September for the Earth Wind and Fire memes. (da da ut da...and now it's stuck in my head)
Shifting from Proof of Work to Proof of Stake will alter how the network nodes establish consensus.
The new consensus layer of ETH will allow far less energy to be used to run all kinds of network applications.
Generally, this will be a welcome upgrade since pretty much everything runs on top of ETH these days.
However, there is a possibility of the current miners hard forking the network to remain semi-relevant much like ETH Classic.
If such a hard fork were to occur, There is the possibility that current addresses will be credited in the hard fork with new tokens on the new forked chain due to the import of ETH block history.
This might happen rapidly or not at all and is a long shot as the ETH community is generally cohesive. However, due to a large amount of built-up capital in the form of mining hardware, a faction taking this path rather than switching resources to mining other coins would not be unheard of as Bitcoin cash and Ethereum classic can attest. if handled improperly in a centralized way such as unclaimed tokens being centralized sometime after the fork, the forkers would also have full access to forked versions of NFTs and tokens. There could be some chaos in that respect for years to come due to confusion and the "I copy pasted your NFT" memes would reach a whole new level. One could suspect those with few scruples might be enticed by the possibility of forked bored apes alone not to mention the hundreds of other projects in the ecosystem. One could also suspect the ETH community will fight back against any fork if one occurs to prevent confusion and protection of value. Thus prepare the popcorn as things might get weird.
To make this play all one would need to do is hold ETH in an address during the time of the merge to Proof of Stake.
Preferably a self-custodied address off an exchange such as a Ledger/Trezor or a Meta Mask.
otherwise, the exchange would get the coins on the new chain credited to their hot or cold wallet instead of you, and then you'd be at their mercy on getting any of the new tokens if at all. Then throw the new coin in an LP on Uniswap/your favorite DEX ASAP if one occurs and finally sell the stake in the coin in the future or keep it for use on the new chain.
If this scenario does transpire expect major volatility in the new token soon after due to illiquidity of exchange and the possibility of transactions only on Dexes such as Uniswap for the first few months to even years.
Thus a good play would be to not expect anything while holding ETH in an address through the merge.
All the best, See You on The Moon.
Bitcoin Cash Huge Potential on 10X (1600%+)Here is Bitcoin Cash (BCHUSD), this is the same chart we shared a few weeks back.
We are hitting the gas on this one as we see potential for massive growth.
After the retrace that ended 13-July (Full moon), BCHUSD is now ready to grow.
We are active with 10X of leverage.
Disclaimer:
Not for beginner, for experienced traders only.
Leveraged trading is high risk and can result in liquidation.
This is not financial advice.
We are wishing huge profits and good luck.
Namaste.
Bitcoin Cash UpdateWe chose Bitcoin Cash (BCHUSD) for you because it moves like Ethereum Classic, very strong with really big candles... So the potential is huge.
When you add leverage like we did, then the profits go as high as the new moon.
For this one, we visit our trade signal which is still active and at 395%+ profits... See it below:
Bitcoin Cash Huge Potential on 10X (1600%+) | 15-July-2022
I hope you enjoy the articles, the trades & the content.
Thanks a lot for your continued support.
Namaste.
Bitcoin Cash (BCH) - July 25Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BCHUSDT 1W Chart)
Whether or not it can move higher than 202.7 is the key.
To do that, you need to make sure you can climb above the 122.6-146.0 section.
(1D chart)
Primary resistance: 146.0
Secondary resistance: 174.8-202.7
Support: 106-122.6
We need to see if the price holds the price above the 60 SMA level.
To do so, it needs to be supported in the 122.6-129.0 section or higher.
- The Stoch RSI indicator is an indicator that can detect short-term fluctuations.
- The rise of the CCI indicator is likely to show an upward trend from a mid- to long-term perspective.
At the same time, when the Stoch RSI indicator and CCI indicator rise, more volatility appears.
The opposite is also true.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Bitcoin Cash Goes Bullish | Similar To Ethereum Classic When... Bullish consolidation is taking place on the Bitcoin Cash (BCHUSDT) chart as we have 6 consecutive days closing green.
The RSI is strong above 55 while prices remain near support.
Having a strong RSI near support is a very strong signal.
When Bitcoin Cash starts to go it goes...
Just like what we are seeing with Ethereum Classic and Polygon.
If you would like to know/learn how to spot a reversal before it happens, you can go back to all the charts we shared earlier this month and June, there we expose all of the chart signals that lead to the current price dynamics.
Do not worry about hitting like nor commenting, focus on reading and making money.
You should invest your energy on your own personal growth.
We love you.
Thanks a lot for the amazing support.
Namaste.
Bitcoin Cash: Strong Downtrend (Possible Gap Lower)The Williams Alligator moving averages have fanned open, indicative of strong bearish momentum.
Looking at the chart, there is a likelihood that BCH (and all other cryptocurrencies) are about to gap lower. If this occurs, we're looking to short BCH down to $64.
Bitcoin Cash 165% Target On 10X Lev. (Over 1500% Potential)We have the Bitcoin Cash (BCHUSD) trading pair before the bullish signals are really in, we are early...
Notice the marked candle, 30-June.
This is a reversal candle.
Now, after the reversal signal how do we know if there will be follow up?
Notice the immense volume yesterday...
Can you see it?
That huge green volume bar is the confirmation.
We see BCHUSD growing.
We are active with 10X.
165% total growth on 10X can lead to 1500%+.
Remember, this is not financial advice.
We only share what we see coming from the charts.
Leveraged trading is ultra-high risk.
We recommend spot trading only unless you are an expert.
Thanks a lot for your continued support and remember to leave a comment if you have any questions.
Namaste.
BTC new bottom and new topNew bottom 📉
I look to all high time for BTC and i found, Every new AHT, that comes a correction ( - 84% to - 93 % ) 📉
A B C D ( AHT )
A = D , B = C 👀
A = - 93 % correction
B = - 84 % correction
C = - 84 % correction
D = Until now ( - 69% correction ) i think we will go to - 93 % correction 👀
BTC ==> 12K $ 📉
BTC ==> 6k $ 📉
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New top or AHT 📈
after the correction we see new AHT
BTC ==> 74K $ 📈
BTC ==> 114K $ 📈