Bitcoincash
the early 2010 2011 buyers can crash bitcoin! 14K are the targewe see more times comments about whales, and whales. but the most Risk for crash trend on market are not the whales fully. the whales only sell a part to make other part sell more btc.
The real RISK, where the most dont talk about it are the the early buyers of bitcoin, they own more than 1000 btc for every onwer. and if just a small part of them sell. bitcoin will have a bad time.
The most early buyers did not expect all bitcoin will increase so huge. and as we know some of them did miss the 2017 sell from 19K to 3K , and have hodl until this time.
By data blockchain we still can see the the early bitcoin holders on trend.
What means this?
if they expect same as 2017, they can choice to sell, than we will get a huge dump on bitcoin trend.
# Dont be fomo as 2017, and make good study on btc, with great stoplimit.
Everting on bitcoin is possible - trade safe with your own plan. what i have add here are my personally expecting.
Have good time all (:
Bitcoin Cash (BCH) - December 6 (with 1W chart)Hello?
Dear traders, nice to meet you.
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(1W chart)
If you look at the trend from the week of December 17, 2018 to the present,
Movement came out in the 79.10401598-520.0 section.
However, looking at the flow from the week of March 16, 2020 to the present,
Movement came out in the 147.82760771-370.0 section.
Sideways in a certain section is a movement to keep the price, so I think it is a good trend.
However, it means that the waiting period will increase.
No one knows how long this waiting period will be.
However, in order to turn to an uptrend and create a new wave, it needs to be supported above the 454.59999980 point.
As long as you wait, it is difficult to obtain profits due to stagnant funds over a period of time.
You have to think about it according to your own investment method.
(1D chart)
We need to see if we can break above the volume profile section of the 278.26196606-293.00097721 section and climb along the uptrend line (4).
If it falls at 278.26196606, it is a short stop loss.
If it falls in the 209.23112174-230.18881201 section, a Stop Loss is required to preserve profit and loss.
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** 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 and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
BCH is on perfect spot for huge bull runSince the 2020 bull run most of the top altcoin made at least 100% jump, but if we look at the BCH we don't see that much price increment in 2020 bull run.
The technical analysis of the BCH is clean showing breakout of long term resistance in and reversal. After the break we are seeing a clear reversal and bounce back again, this is a very good indication for next large price movement.
If you are planning to buy BCH as an investment for a year or so then this is the best time for purchasing BCH. Once it start its bull I don't think BCH will see this price range again
thanks
Bitcoin Cash clasped between key resistance and support
Bitcoin Cash lost the ground above $300 again following rejection at $320.
BCH/USD is stuck between the 50 SMA resistance near $300 and the 100 SMA support at $280.
Bitcoin Cash recently recovered from the Thanksgiving Day crypto crash. The losses on Thursday last week failed to embrace support at all the three moving averages; the 50 SMA, 100 SMA, and 200 SMA on the 4-hour chart. Buyer congestion at $250 saved the altcoin from diving further.
The rebound from the crucial support reclaimed the position above $300 earlier this week. However, BCH hit a wall at $320, cutting short the anticipated spike to November’s peak at $373. A correction came into the picture, pulling Bitcoin Cash into a 13% dip.
Meanwhile, BCH/USD seems to have embraced support at the 100 SMA, highlighted at $280. The price is doddering at $289 amid the push to recover the lost ground toward $300. On the upside, movement is likely to be limited at the 50 SMA, slightly under $300.
The resistance at the 50 SMA and the support at the 100 SMA might keep Bitcoin Cash in a range before a breakout comes into the picture. Trading above the 50 SMA and the hurdle at $300 will call for more buy orders as the uptrend heading to $373 and $400 is validated.
On the downside, it is essential to hold above the 100 SMA to avert looming declines back to the primary support at $250. The 200 SMA is in line to absorb some of the selling pressure, preventing BCH from diving massively towards $200.
Bitcoin Cash intraday levels
Spot rate: $288
Relative change: 0.55
Percentage change: 0.2%
Trend: Sideways trading bias
Volatility: Expanding
BTC to retest uptrend at $18.300Bitcoin - Intraday - We look to Buy on uptrend
We look to buy dips.
Daily signals are bullish.
A lower correction is expected.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Our outlook is bullish.
Trend line support is located at 18300.
Trading within a Bullish Channel formation.
Our profit targets will be 19374 and 19468
Resistance: 19500 / 20000 / 22000
Support: 18800 / 18300 / 18000
BCHUSDT (Symmetric Triangle Breakout)#BCHUSDT (1H CHART) Technical Analysis Update
Symmetric Triangle Breakout
BCH/USDT currently trading at $273
LONG ENTRY LEVEL: $270-275
STOP LOSS ( support): Below $260
Resistance level1(target):$305
Resistance level2(target):325
Max Leverage: 5X
ALWAYS KEEP STOP LOSS...
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Bitcoin Cash (BCH) - November 29Hello?
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 must see if we can ascend to the 278.26196606-293.00097721 section.
We must see if we can move above the 293.00097721 point to continue the uptrend.
If you decline in the 209.23112174-230.18881201 section, you need to trade to preserve the profit and loss.
We need to see if it can break above the downtrend line (1) and climb along the uptrend line (2).
-------------------------------------------------- -------------------------------------------
** 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 and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
BCHUSD: If $BCH manages to break over this zone next month...It might trigger a bullish signal from this zone, I don't know if it will be viable to trade it, to expect a profit in $BTC terms, but it will likely be tradeable using USD, or margin positions at FTX with BTC collateral, as long as risk is under control.
Upside suggests it can rise over 2k usd over time as per the green box and white arrow.
Cheers,
Ivan Labrie.
PS: BCH is not the real Bitcoin, nor is BSV.
BCH 1D Good news is over, the fall can be...We can be unfounded, but in fact Bitcoin cash is almost the most successful fork in the crypto world.
Usually forks, after a few months, lose 99.9% of their value and become useless.
BCH fork of BTC which lost 93% of its value from its high $4,000 and is now trading around $300.
BCH itself already had two forks recently on 15 November, after which the price shot up. BUT, after each of them, the exchanges delete the history of previous trades.
Kraken is almost the only crypto exchange that has preserved the entire trading history. You can conduct a thorough analysis of the trading history, for what we thank it.
So, a move could be a positive scenario if the BCH value can rise to the levels $290 and $310.
Nevertheless, from below, in the coming weeks, the level $195-200 will attract to itself.