Bitcoin Cash BCH Price Targets after the FSB meeting The Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Bitcoin Cash BCH are:
BCH/USDT short
Entry Range: $147 - 153
Price Target 1: $138
Price Target 2: $119
Price Target 3: $110
Stop Loss: $171
Bitcoincash
BCHUSDTHello Dear friends
Currently, the positive divergence of the RSI combined with the downtrend line on the daily time frame has strengthened the possibility of completing a bearish wedge pattern.
To form an upward trend similar to the drawn scenario, we have two conditions: the complete consumption of the $108.9 range and the maintenance of the $87 range.
If the previous price floor ($87) is consumed, the possibility of completing the descending corner pattern is weakened.
We would be happy to hear your comments
Bitcoin Cash USD - BCHUSDT IdeaBCHUSDT Idea | BCHUSD| Bitcoin Cash vs US Dollar | Bitcoin Cash vs USDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
#BCHUSD - Consolidation has Finished, Now Let's Pump!#BitcoinCash has clearly finished it's consolidation phase for the last part of 2022 going into the start of 2023, with a huge Long trade breaking several smaller resistance levels.
Now we're looking for #BCH to bust through one final level of resistance and give us another massive trade of
up to 80%
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Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
Crypto Tipster v2 by theCrypster
Intrigued by BCH HereFinding myself intrigued by Bitcoin Cash.
We recently hit bottom a 2nd time and have thus far begun moving up, breaking out of a small falling wedge (on the non-log daily chart, the logarithmic weekly chart is what is pictured above, but it still has the wedge and targets from the daily non-log chart).
Why am I intrigued, outside of a potential double bottom? Bitcoin Cash was a fork of the original Bitcoin code, meaning original adopters and/or owners of Bitcoin at the time received an equivalent amount of Bitcoin Cash. Many of them were made wealthy from Bitcoin. It would seem to me, if I were in their position - I would have a vested interest in seeing Bitcoin Cash make a comeback, if even just briefly enough to make some returns on an essentially free investment.
On the chart - interim daily falling wedge targets, boith still under $200.
For weekly / long-term - get through and hold above the first red resistance area to make it to the next one above it - that happens, the double-bottom comes into play.
easyMarkets Bitcoin Cash Daily - Quick Technical OverviewThe technical picture of BCHUSD on our daily chart shows that there is potential for the crypto to go for a higher high after coming closer to the 143 territory, near the current highest point of February. BCHUSD is already near a key resistance barrier of 140. If the pair surpasses it, we may get a bit more comfortable with further advances.
In order to consider the downside scenario, a drop below the 120 territory would be needed. However, we might still class that move down as a temporary correction, as long as the crypto remains above the short-term tentative upside support line taken from the low of November 10th, 2022.
Disclaimer:
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✴️ Bitcoin Cash Update | Bullish Or Bearish?What one does, the rest follows!
The Altcoins, they all move together and most of them, about 90%, have the same chart.
Within the 90% with the same chart the only difference is their timing. Some move first, others follow but end up drawing the same patterns.
Bitcoin Cash continues with its bullish consolidation, which is normal and at the same time great.
The longer the consolidation takes, the stronger the jump when the consolidation box breaks.
BCHUSDT is consolidating above MA200 while ETCUSDT is trading below, this makes no difference, they are both going to break up.
The one above MA200 will face less resistance though.
It will be exciting because the next up is the biggest one.
If you want to see additional information, the targets, support levels and so on, visit the 'Related Ideas' below... For all the "updates", I will list a few of the old ones.
Namaste.
Another Reason to look at BCHFalling wedge broke out a good while back but has yet to make a strong move up towards measured targets, as shown above on the 3 day chart.
Also:
- The long sideways movement is typical of accumulation prior to a stronger move.
- MACD has been diverging the entire way down,
- RSI has been diverging as well, and more recently stronger divergence.
Hitting both targets would provide nearly 1100% gains vs. Bitcoin from current price if this plays out:
Related idea here:
#BCHBTC - Large Triangle Closing - Still Room to Trade!We can see this clearly defined symmetrical triangle acting as both support and resistance for #BCH coming to an end pretty soon - but there's still time for another trade!
Coming off a healthy Short trade into a touch of confusion followed by our current Buy signal from CTv2, there's room in this wedge for another 10% Long trade. What do you guys think?
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$4M #BCH - Wave 3/5ALTCOIN SEASON may have arrived.
BCH might be repeating 2017.
Will BCH FLEX to the 3.618FIB, AGAIN?
A Quick touch to the 0.702FIB, retrace to 0.236, then a parabolic WAVE 3 push ABOVE the 2.618FIB and wave 5 for the 3.618FIB test, and a 95% retrace from there.
BCH Wave 5 is historically very small.
$100 = $2.9M
Good Luck Traders!
BCHUSDT...dare for the third buy trade?BINANCE:BCHUSDT
BITCOIN CASH is going up and up and up.
making "HIGHER lOWS" on it's way up
made first trade
made second trade
now waiting the third to make...but what we need to focus on?
as per chart, BCH retraced to 50% FIB retracement, then went up.
PERSONALLY, i would wait till breakout the 0% Fib-channel so i buy the third trade
DISCLAIMER: don't be stupid and follow
#STOP_BEING_POOR
Potential Breakout in BCH, Target at 135The main view of this trade idea is on the Daily Chart.
The cryptocurrency Bitcoin Cash (BCH) appears to be in an asymmetrical triangle setup. The downward trendline of lower highs of 156 and 124 was broken on 8th January, 2023. The support trendline of 88 and 95 continues to be held. Expectations are for the breakout of the triangle to continue and BCH is expected to rally towards 135. This view will be negated if BCH were to decline below 95.
Technical Indicators
The technical indicators corroborates this view. BCH’s Supertrend is back in buy-mode after the Index crossed above 103. Also, BCH is back above the Daily MA, the 1st time since 13th December, 2022. The Awesome Oscillator is above 0 and trending higher while the RSI is above 50.
The intra-day trend following indicators of the cryptocurrency also display uptrends in the 15-Min, 2-Hour and 4-Hour time frames. Short to medium term support is seen around the 95 - 98 price range.
Recommendation
The recommendation will be to go long at market, with a stop loss at 95 and a target of 135. This produces a risk/reward ratio of 2.21.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes.
Real Test Of Bitcoin Recently We Seen massive buying Volume In btc
In higher Tfs Btc Is Testing Structure Level (Higher Low) And I think Its real Test Of btc strength Once We Got weekly close Above 25200 Then Btc will Start Its Uptrend Officially
For Further Confirmation I Added 50Ema IF We Look On Btc History Of Past Years Then We Can clearly See Whenever Btc Breaks 50ema Btc Makes New Ath
Massive Rsi Divergence Also Indicating Reversal
Final Thoughts When Btc Breaks Hl And 50Ema Moving Average ( Once That Happens Lots Of longterm Investors Will In ) and btc will Easily Test Its ath
however its just an idea dyor before taking any action share your thoughts in comments section
BCHUSD - 30% Jump Incoming After Breaking Descending TrendBCHUSD has recently received a buy signal from Crypto Tipster v2 after bouncing off recent support on the underside.
This suggests that the cryptocurrency may be entering a bullish market and could see a significant increase in value. The question now is whether BCHUSD will be able to break through a descending trend line to reach 30% in profit after a year and a half of a generally downward trend.
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✴️ Bitcoin Cash Major Breakout, Looks Good To Me!Here we are again with the same conditions as visited before in the Binance Coin and Cardano charts... Bullish consolidation.
I was sharing in the BNBUSDT article yesterday the fact that corrections tend to become felt in crypto.
Retraces can happen slowly which means that the current consolidation can turn into a retrace but as for corrections, they go down fast and strong as soon as a resistance level is hit.
This type of action we are seeing with Bitcoin Cash (BCHUSDT) kinds of breeds doubt and uncertainty... But, as shared in the BTC CME Futures GAPs article, Who's selling ?
Bitcoin Cash looks good...
After the break above EMA100, we have 6 days of consolidation. This consolidation is taking place above EMA10 and all the rest.
The RSI is super strong.
As long as the consolidation continues to be this strong, our bullish bias remains intact and we aim for the next target... $150 followed by $170 and so on.
You can read below to expand on this trade idea.
Three relevant articles mentioned are:
1) ✴️ Binance Coin | New Money Enters The Market, BULLS Confirmed!
2) 🅱️ BTC CME Futures GAPs Points To $35K, Who's Selling? | Go UP!
3) 🅱️ (₿) The Real Meaning Of A Bitcoin "Overbought" Daily RSI...
Thanks a lot for the support.
Namaste.
DINO Coins will OUTPREFORM BTC! (And no I don't like BCH)DINO Coins will OUTPREFORM BTC! (And no I don't like BCH but the Charts NEVER lie.)
Sitting above Daily 200 EMA with strong momentum still.
Euphoria is entering the market.
KEEP AN EYE ON DINOS!
This is the 3rd Example of 2x plays that can possibly play out by Mid FEB!
ENTRY:
100-125$ and HOLD
SL open or 25-30% of DCA Entry.
TP 1/8 50%
1/8 75%
1/2 100%
Remaining runner 150%
Signs why Below:
Buy above 4h 200 EMA
(With Smaller Bullish patterns)
Confirmed Breakout
(Look at RSI , Trendlines , Volume )
Look for catalyst News
(Anything that rehypes the shitcoin, or it's bluechip chain)
Buy SPOT ONLY and HODL!
Swing until 2x profit, or weakness. no SL but if needed a loss of 50% would be a SL
FIND THIS IN OTHER SHITCOINS AS WELL!
PLAY THEM ALL
BTW there is an order to this, I will not share it, you will need to DYOR.
but this is a prime example which will likely 2x by MID Feb