BCH LONG!The boundary between the two blue lines is very important!
The price is in a short bullish range and has managed to break the blue range well!
Now in the pullback, the range between the two blue lines is a good place for a steady rise in price
Return to Broken level of highest WR% is a sign of a strong price increase in the near future!
You can trade with three views! Short-term with a goal in the range of 571
Low-risk medium-term with a target of about $ 670 and high-risk medium-term with a target of about $ 1,000
Bitcoincash
$BCH/USDT 4h (Binance Futures) Descending triangle breakoutBitcoin Cash is looking very bullish here, let's try to catch a decent dip for continuation trade.
Current Price= 504.30
Buy Entry= 471.05 - 449.35
Take Profit= 561.95 | 727.97 | 874.27
Stop Loss= 408.45
Risk/Reward= 1:2 | 1:5.23 | 1:8.09
Expected Profit= +44.48% | +116.72% | +180.36%
Possible Loss= -22.30%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 480h
BCHUSD to 4000+THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
BCH should make a decisive move above $500.00 soon and that should take price to 649 then 1750. Ultimately I will take bigger profits up at $4,239.00 and maybe even ride some much further past that.
BCH/BTC 300% potential from here so read full update#BCH/BTC TA Update:-
#BCH/BTC looks good at this level.
I am buying here some and waiting for breakout upward site.
Keep an eye on Red box.
This red box is very important for bull of #BCH
Entry:- 0.0115-0.01156 BTC
Targets:- 0.0156/0.02/0.025/0.035 BTC
If you want to hold then this is good potential.
If candle close below support level then bearish.
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BCH - Bitcoin Cash Looks Ready to Explode!BCH is one of few alts that has yet to have its own bull run against BTC. However, I love this daily set up. BCH broke out of its year long falling wedge and has been coiling up for what I think will be a big break out. Take a look at the massive bullish divergence on the MACD. I'm long here!
BCH - Fair Value $4000 Good news, we have now re-test the trend line and the support level $400 held. Now we have to break the resistance $525 to move further. Something is very strange and that is BCH is very undervalue compared to other coins, because according to Total Market Cap exclude BTC the fair value for BCH most be around $4000.
BCH breakout. UPDATEThis is not financial advice. I am shocked that BCH hasn't moved with the whole market yet. This is one of my biggest sleeper picks of the year and my longest term position that I created this past year. BCH is essentially upgraded BTC. I wont go into too many details and Ill let people do their own DD. But Paypal has BCH listed and many of the crypto OGs such as Roger Ver are into BCH for its tech and its operability. This shows a lot because Roger Ver was a bitcoin maximalist from the early days of btc. He knows promotes BCH as it is the new BTC.
BITCOIN TO 50K SOON!I HAVE SO MUCH CONFLUENCE TO PRICE IS GOING UP!, 1. FLAG BULLISH DAYLI, Broke FLAG, RETEST AND GOING UP TO 50K, 2- PATTERN HEAD AND SHOUDER INVERTED. POSSIBLY RETEST TO ZONE 35-34K CONFLUENCE GOLDEN ZONE 50%, 61,8% FIBONACCI.WE STILL HAVE AN EXTREMELY BULLISH YEAR FOR ALL CRYPTOCURRENCIES. always with responsibility and good risk management enjoy!
Bitcoincash (BCHUSDT) Technical analysis updateBCHUSDT (4h CHART) Technical Analysis Update
Resistance zone breakout
BCH/USDT currently trading at $462
Buy-level: $455 to $465 level
Stop loss: Below 410
Target 1: $540
Target 2: $625
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your Thoughts.
Bitcoin Cash (BCH) - February 6Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We have to see if we can get support at 435.40010001 and climb above 501.0.
In particular, you need to make sure you can get the support at 454.59999980 to give off the power of your ascent.
If you drop from the 411.87118638 point, you can touch the 324.10000000 point, so you need to trade carefully.
If you fall at the uptrend line (2) or at 367.31848226, you need a Stop Loss to preserve profit or loss.
(1W chart)
The 411.87118638-501.0 section is an important volume profile section.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin Cash - Exiting a downtrend - price reversal BCH/USDTThe price of the coin is consolidating in a falling wedge-shaped trading range. This figure is bullish and indicates a set of positions by a major player. The confirmation will be going out of the trading range. My focus is on the global key resistance line.
Cluster analysis - large volume
Indicators - price reversal up
Break of the wedge -> exit from the trading channel -> confirmation -> continued growth in percentage. Target on the chart
Do not overestimate risks, do not trade with x10-100, be smarter and always take profits, and also move your stop loss.
$BCH/BNB using pitchfork will this work ?i am just trying new things.. like this Pitchfork...
i just use google and look at pitchfork pattern and trying it here...
not sure if this will thing will work... just an idea for ya
and please leave a comment if this is possible, to those who are expert here... Thanks!
Trade at your own risk!
Ascending Triangle pattern seen in $BCH in 1hr Time FrameAscending Triangle pattern seen in $BCH in 1hr Time Frame
This pattern could move $BCH up to $444 to $456 to $466...
my last chart on $BCH which was the Cup & Handle already breakout!
looks like this pattern already breakout too on $RSR if you will look at my chart on it...
it seem $BCH is imitating the move of $RSR
TYOR..
becareful!
Bitcoin Cash Poses To Be A Good Investment Right NowWarning: our thoughts are ours alone; not financial advice.
Not everyone believes in bitcoin cash or what it stands for. But like bitcoin, we also think it's a great speculative asset.
In our opinion, there's still opportunity to bag BCH as much as possible right now. Target, $600 and beyond.
Trade with caution.
Bitcoin Cash (BCH) - January 30Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You should watch for any movement that deviates from 367.31848226-435.40010001.
If you fall at 367.31848226, you need a Stop Loss to preserve profit or loss.
However, you need to trade carefully as you can touch and climb 324.1 points.
If it rises above the 435.40010001 point, it is expected to rise above the 501.0 point.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)