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.
Bitcoincash
BCH Bitcoin Cash Road to $400BCH, like many other crypto pairs, has seen tremendous growth over the last couple of days. The last wedge was succeeded by a strong bullish move of over 25%, we are currently at the end of the second wedge. is a new bullish move coming?
The first real resistance this pair will encounter would be around the psychological area of $400 (~15% gain from current price). Assuming the wedge will end in a bullish move, $400 should be attainable.
Bitcoin Cash - I am waiting for a two scenarios I am waiting for a false break out
I do not exclude the second scenario.
False break out or break out ??
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Next its BCH turn to follow the XRP pathway?!Seems like the last one of the top 5 to really move is BCH, a good value play here I think at 295 with a run up to the points shown on the chart highly likely with Bitcoin looking overbought and in consolidation. A higher high on the weekly charts looks likely to occur, stop as shown
Will the 21 week MMA crossing the 50 and 100 week be bullish?After a very long down cycle for BCH for 3 years now it looks like a big move is coming to BCH. The 21 week mma crossing up through the 50 and the 100 IMO is very bullish. Lets see what can happen in the next few weeks.
$450 usd is the first short term target.
Thanks for your look, like and follow.
Bitcoin CASH Against USDthat not much people favor between bitcoin, against bitcoin cash.
if for using in real world, transfer money,
if there an option,
i choose bitcoin cash.
This time just charting where to find a pullback.
if price surpase 320usd. it turbo get in.
why?
cheap and faster.
u should try u never used it.
$298.22 USD (3.68%)
0.01597563 BTC (1.24%)
BCH/USD Retraced to the Support Level - What Is Next?In this technical analysis, I will follow-up on the previous idea on BCH now that we have finally arrived at a moment where we can enter a long position. The price retraced beautifully to the horizontal one that used to be resistance. In the bullish scenario of the S/R flip and the old resistance zone turning into new support, I expect the price to rise until the next resistance - giving us a 14% trade opportunity.
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
Bitcoin Cash (BCH) - November 21Hello?
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 ascend above the 293.00097721 point.
If it rises to the 293.00097721 point, I think it may lead to further gains.
If it falls at the 243.46316192 point, it is a short stop loss.
As we break off the downtrend line, we need to see if we can accelerate the uptrend.
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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.)