Important BCH Support BoxHello to all members of TradingView and my followers.
BCH recorded its 11th consecutive weekly bearish candle last week, with a minus 9% drop.
As long as the price remains within the support range of $103-$93.6 and the market trend breaks out of bearish mode, there is potential for the price to rise rapidly within the current range.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Bitcoincash
BCH The Forgotten SoldierBCH is the first fork of btc with a real world usecase. Fast transactions, adoption, you can buy/pay with it, etc.
Right now we have Bitcoin Cash at the major support and ATL of 2018.
Weekly RSI at 25, I expect a bounce once Dxy, spx, nasdaq and btc bottoms.
It has a chance to go at 80$ and lower if bitcoin goes sub 17k of course.
Starting to accumulate BCH at 100$ and below. It will have its pump day.
Bitcoin Cash To Grow Strong (70% Mapped Short-Term)We have Bitcoin Cash starting to wake up...
We are looking at the BCHBTC pair.
We have this descending channel which is very likely to break soon but still holding.
Today we have a new All-Time Low followed by a recovery while prices lurk above EMA10.
I believe we already looked at the bullish divergence with the MACD and RSI...
Once we reach bottom... What follows is UP!
Bitcoin Cash Ready To Grow!
Namaste.
Bitcoin Cash Oversold, Bullish Divergence + ATLBitcoin Cash hits a new All-Time Low while at the same time hits oversold on the RSI.
We have a strong bullish divergence with the MACD.
Based on other market factors not visible on this chart, we believe that Bitcoin Cash can bounce at this support level.
The last low around $107 should be the stop-loss in a manual way as we use it.
Any trading above this price and we are strongly bullish.
We are active on this one with leverage as well.
This is recommended for experts only as leveraged trading is ultra-high risk.
We are also active on this pair through SPOT trading and the BTC pairing below.
Remember to hit like, follow & comment for more.
Namaste.
Bitcoin Cash Descending Channel, New ATLBitcoin Cash vs Bitcoin (BCHBTC) just hit a new All-Time Low while trading within a descending channel.
We believe that this new low will work as support and can lead to a trend reversal.
The last low at 0.005210 should work as the stop-loss.
A full candle close below this level and the above analysis is invalidated.
Trading above this level opens the door for growth (green arrow).
Stay patient.
The cryptocurrency market will recover.
Bitcoin is also preparing to grow.
Namaste.
BCH scalp - bounce from zone of interest📈Reasons to take short
⭐️ Buyer on BTC
⭐️ We came to liquidity zone
⭐️ Volume increased
⭐️ 3rd touch
⭐️ 110 ATR
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Bitcoin Roadmap Chapter 6This is a bullish potential on 200 weekly moving average , it never broke before but violated for 2 times ! look at the picture on chart or the comments!
I've been waiting for this moment for long time , just ready for 22k to 25k . This recommendation is just for spot and not for future or leveraged tokens.
Bitcoin can violate this area and drop more to 20 or even 18 , but it dose not matter , as we saw in history , it took less than a week to get back the MA200.
So , I AM GOING TO BUY 4 LAYERS ON THEASE PRICES .
Good Luck !
If Bitcoin (BTC) needs to beak key resistanceHi friends hope you are well, and welcome to the new update on Bitcoin.
Big wedge and a key resistance:
On a weekly time frame, Bitcoin is getting bounced from the support of $28600 and the support of a big falling wedge pattern. If Bitcoin breaks out $33K resistance, then there will be a high probability that billions of more dollars will be invested in Bitcoin's market and this can lead BTC to break out the resistance of the falling wedge pattern as well.
Short term supports and resistances:
On a short-term, hourly time frame, Bitcoin is moving between $29300, $29600, $30600, and $31700 supports and resistance levels. Right now after getting rejected by $31.7k resistance, it has tested $29.8k support and right now trying to break out the $30600 resistance level.
Descending triangle:
On a 4-hr time frame, Bitcoin is forming another descending triangle and if the king of all cryptocurrencies breaks out the resistance of this triangle, then it can break out the key resistance of $33k as well.
Conclusion:
On a short term BTC has found some resistance and also formed a triangle as well, but breaking out this resistance can lead BTC to break bigger patterns and resistance on a weekly time frame as well.
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
Bitcoin Cash Adoption Continues to Swell WorldwideBitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai.
Bitcoin cash is also accepted at Burger King St. Kitts and the island’s Panda Supermarket accepts BCH. In St. Kitts, the crypto asset is further accepted at Sun Island Clothes, Karma Asian Cuisine, Econo Retail Shop, and Oracle Martial Arts Academy.
Merchants accepting bitcoin cash are prominent in a number of other regions worldwide including Anguilla, Antigua, Japan, Venezuela, Slovenia, Australia, Philippines, Vietnam, Ghana, Zimbabwe, Argentina, and more. Additionally, a good portion of the companies that take BCH for payments are accepting the digital currency directly, rather than using a third-party or payment processor.
Bitcoin Cash vs Bitcoin | Reversal Candle + All-Time LowWe have a huge reversal candle as well as an All-Time Low on the BCHBTC chart.
We love to see ATLs because this surely opens the doors for massive growth.
Once we hit bottom, the only place left to go is up.
Bitcoin Cash is ready to grow.
We are bullish on both pairs, BCHUSD and BCHBTC...
Visit the 'Related ideas' below.
Namaste.
Bitcoin Cash (5X Lev. Trade - 165% Potential)Did you enjoy ADAUSD on 10X leverage with over 400% of profits within 24 hours?
Do I have your support?
If Yes, hit LIKE now for more...
Let's how look at BCHUSD (Bitcoin Cash).
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LONG BCHUSD
Leverage: 5X
Buy-in: $191 - $204
Targets:
1) $215
2) $240
3) $270
Stop-loss: Close daily below $185
Liq. price: $164
Potential profits: 165%
Capital allocation: 5%
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This is not financial advice.
Leverage trading is ULTRA-HIGH risk, it can result in all money lost (liquidation).
Only for EXPERTS.
Let me know in the comments if you want more of these...
If you like higher or lower risk!
Namaste.
Bitcoin Cash (BCH) Buy ZoneBitcoin Cash (BCH) Buy Zone
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BIAS
Mid-Term : Neutral
Risk : Medium
Neutral 4 hours timeframe Bitcoin Cash remains around our current market structure mostly due to our latest drop towards to entry zone.
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$BCH/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 165 - 170
TP 1 : 175
TP 2 : 182.5
TP 3 : 187
TP 4 : 192
TP 5 : 200
TP 6 : 207.5
TP 7 : 217
TP 8 : 228
Stop Loss : 156.5
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Bitcoin below 28k! Bitcoin
Intraday - We look to Buy at 26016 (stop at 25095)
With signals for sentiment at oversold extremes, the dip could not be extended. We look to buy dips. 50 4week EMA is at 26000. Bespoke support is located at 26000.
Our profit targets will be 28388 and 28988
Resistance: 29000 / 30000 / 31000
Support: 28000 / 27000 / 26000
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BItcoin on its FINAL TESTBitcoin is at daily support region of 28k - 30.8k, If we hold current levels we could see a pullback to 37k - 39.8k zones, which is going to act as major resistance. A failure to break this zone can send prices tumbling down to 20.1k - 16.4k key zone relatively quickly. We advice to not make any investments long term and hold your bags tight for the crash about to unfold should we not break the supply level.
HIGHLY IMPORTANT DECISION TIME FOR BCH!Bitcoin 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.
Bitcoin Cash is high volume coin. Which is a good thing in a bull market.
But right now we are in bear market and at a very important price zone for bitcoin cash!
277 is a massive support area.
If we cant hold it price can test the 200 price zone which means a %25 decline in value.
Supoort areas
277
255
200
Resistance areas
293
342
387
HIGHLY IMPORTANT DECISION TIME FOR BCH!Bitcoin 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.
Bitcoin Cash is high volume coin. Which is a good thing in a bull market.
But right now we are in bear market and at a very important price zone for bitcoin cash!
277 is a massive support area.
If you look at number 5 on the chart, you shall see price action was around 277 for over 2 months.
After the breakout above price went parabolic rising 5x.
Also if you check number 1-2-3-4 on the charts, you will see everytime price break above 277 area and retest it, bch lose value and drop to the 200 price zone.
Support areas
277
255
200
Resistance areas
292
318
342
386
Short term outlook;
If we cant hold 277 now, we will probably see 200 price zone again!
Follow for more ideas and charts!