bchusd analysis#BCHUSDT is preparing to go upper than 2000$ after that we can rest 2-3 month for the last rally this year
Bitcoincash
BCH - Another Leg up continuation on its Massive PumpBCH - Bitcoin Cash is a fork (variant) of bitcoin that was branched off in 2017. The technical difference between Bitcoin Cash and Bitcoin is that Bitcoin Cash allows larger blocks in its blockchain than Bitcoin which, in theory, allows it to process more transactions per second.
BCH has underwent an insane run from 683 to 1611 from 23 April in mere weeks, now we see cup and handle formation playing out, and the formation of bullish pennant/flag where it hit an ATH at 1611 and pulled back to find strong support at 0.618 fib level ( 1250-1265 ). This area has held up 4-5 times, with strong bullish action upon touching this support zone. So now we anticipate a breakout of this bullish flag out of the top resistance line, good entries are at the bottom of the flag where the support is at 0.618 fib around 1308 - 1257. From here we look to target firstly the ATH at 1611, next target will be 1930 (the extension of the bullish flag confluence with the target of a completed cup and handle formation) at 1930 and the 1.618 fib level at 2185.
Entries at 1257 - 1308
Targets are 1611, 1930, 2185 as described above.
Stop loss according to risk appetites : 1174, 1103 or 1050 (in the 0.5 to 0.382 zone where we see strong support lines which were previous resistance)
Bitcoin Cash - Perfect Rejection! 🔥Our previous analysis played out for BCHUSDT PERFECTLY. We were expecting a rejection of the previous high after a breakout and we got a wick rejection! Price looks to be in a parallel bull flag for another move higher. Next area of interest is the 1836 level where price previously reacted. When we get there, we will reanalyse and update you all.
BCH Sell a break setup.BCHUSDT - Intraday - We look to Sell a break of 1248.8 (stop at 1306.6)
We are trading at overbought extremes.
Following yesterday's bearish candle, the overall trend lower looks set to continue today.
Pivot support is at 1270.
A break of 1250 is needed to confirm follow through negative momentum.
We look for losses to be extended today.
Our profit targets will be 1088.8 and 1044.4
Resistance: 1400.0 / 1475.0 / 1600.0
Support: 1300.0 / 1250.0 / 1180.0
BCH analysisBCH will be ranging for few days before it breaks above $1,600.89 which will open door for $2,147.36.
BCHUSDT- TRADING AT SUPPORT LEVEL.Self-explanatory analysis.
One could accumulate BCH at CMP.
One of the best Risk reward ratio.
$BCH Critical Support LineIf the current support line is broken, the price is likely to fall further.
Şu Anki destek hattı kırılırsa fiyatın daha da düşmesi muhtemel.
BITCOIN CASH NEXT TARGETExpect bch to consolidate or take a little correction before continuation to the up side.
Bitcoin Cash, Considerable Triangle-Formation, How It Completes!Hi,
Welcome to this analysis about Bitcoin Cash, we are looking at the 2-hour timeframe perspectives. Bitcoin Cash has shown up with this strong exponential bullish leg to the upside and is now developing this triangle-formation in the structure holding above the 45- as well as the 35-EMA. Within the triangle, Bitcoin Cash has almost finalized the coherent wave-count and when it manages to increase with the bullish edge in the coming time to finally close above the upper-boundary as it is marked in my chart this will complete the whole triangle and show up with the further continuations to the upside, therefore it is highly necessary that Bitcoin Cash rightly holds the boundary of the triangle and does not fall below it to invalidate it.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
BCH/USD: BULLISH FLAG WAITING BREAKOUT - LONG SETUP 🔔Welcome back Traders, Investors, and Community!
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BitCoin Cash_Volume_Moving Average------->Short PositionSee Chart and compare with Volume. now its going down to meet Ma 20 then Ma 50 and Maybe Ma 100.
Long BCH/USDTThe analysis I shared on bch/usdt on the 30/04 is probably my proudest- 52% increase in price in a week! The momentum on this pair points to further upside, it's all about finding a good entry point now. Right now seems like a good price for entry with next target projection at 2k. What do ya'll think?
BCH Wave 3 Soon EndHello Traders
My projection is that Bitcoin Cash will make last wave 5. Wait for right moment to jump in this coin
Buy Zone and Target for Bitcoin Cash BCH/USDTMy Buy Zone and Target for Bitcoin Cash BCH/USDT
(Not financial advice)
Bitcoin Cash (BCH) - Very Nice!Thanks for the interest and requests for an update on BCH. Here I present a weekly perspective on the structure of the market, its wave count and future projections through to the next high point.
This is done within the larger context of the BCH Halving cycle and if you zoom out you will see that this cycle is divided into Phi (Golden Mean) proportion in an attempt to forecast the longer term trends, as I have done with BTC. It is important not to forget that like BTC, the halving process will induce cyclic trends.
This is a complete view of the multi-year BCH market, however, it does not address intermediate price movements.
I hope you enjoy!
Bitcoin Cash Trend UpdateBitcoin Cash Targets And most important levels.
Notice : After a super positive Run , being aware is very important. A reasonable Pull Back is expected.
