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Bitcoincashforecast

BITCOIN CASH - Technical Analysis - 37.4%-518% Profit ExpectedBITCOIN CASH - BCHABCUSD - Technical Analysis - 37.4%-518% Profit Expected Big Move Coming Up ... 5x Gains Expected. Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :) In a lower time-frame (4hrs) this long position has also been confirmed. Target Profit Range - 158 - 448 (37.4%-518% Profit Expected) TP - 1 - 158 TP - 2 - 211 TP - 3 - 265 TP - 4 - 325 TP - 5 - 385 TP - 6 - 448 Buying Zone! Long Position Early Entry Trigger Point - $100-$115 Ideal Entry Trigger Point - $65 - $80 Adjust your Stop Loss according to your lot size, account equity, strategy & money management. ***If you want to get in this trade from this point 214 you can still make 23.83% profit till TP3 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly. Good Luck.! Disclaimer - This is not financial advice. This is my personal view and analysis of this chart. If you follow this idea please plan your trade according to your lot size and account equity. Don't forget to like, comment & follow , If you agree with my analysis :)
BLong
by Jaffery
**Bitcoin Cash: Long in the Long-Term**Hi, Traders ! Monfex is at your service ! Bitcoin Cash posts higher gains as it continues to spread adaption and development globally. * Bitcoin Cash (BCH) adoption, development, and participation continue to expand as more and more positive BCH-related announcements grows up. * In addition to that, there is currently over 18 million BCH coins in circulation and only three million coins left to mine. * Technically, BCH has found the strongest Support near the round $200 level and now shows very promising signs of recovery. * Overall, we expect a robust growth of BCH to at least $270 as the price has settled down and the new bullish cycle is likely to start off. * RSI & MACD support the bullish idea with RSI showing flat divergence at the Support level, while MACD continues expanding into the positive territory. Active trade signal Buy up to $230 now. Buy to average out @ $210 in case of a further decline. 1st Target: $270. Stop-loss: $199. Watch for our Updates to get real-time superior signals! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
COINBASE:BCHUSDLong
by Monfex_UK
BCH (Prj.2019.P02.E01).MACRO.Level.H&SAs per Peter Brandt's tweet, and this chart, we see a Head and Shoulders formation. The target is $127. My thoughts: > One would expect at least 1 other level of consolidation on the way down before hitting the final target, as per the chart > The 2x HULL moving average along with the Daily RSI chart, gives us an overview with the price movement and corresponding key indicators as to what's next a) The reversal at the top was noted along with the cross over of the 2x Hull MA. b) Anything below the 52.21 RSI on the Daily is viewed as a bearish trend and hence if the 2x Hull lines cross over along with the RSI crossing the 52% RSI, will give some sort of extra confirmation to go long c) Fib. Fan along with noted support and resistance lines will also help identify when to go long. d) Expecting a bounce around $172 price level for a short Closeup view on the daily
BLong
by ssari
BCHUSD formed Gartley | Upto 133% expectedPriceline of Bitcoin Cash / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Price action is getting bounced from bollinger bands support. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is oversold and in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets: Buy between: 261.41 to 192.04 Sell between: 317.16 to 448.29 Regards, Atif Akbar (moon333)
COINBASE:BCHUSDLong
by moon333
BCHABCBTC forming bullish Shark | A good long opportunity aheadThe priceline of Bitcoin Cash / Bitcoin cryptocurrency is forming harmonic bullish Shark pattern and soon it will be entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy. I have used Fibonacci sequence to set the targets: Buy between: 0.026831 to 0.026414 Sell between: 0.027202 to 0.028036 Regards, Atif Akbar (moon333)
BLong
by moon333
Bitcoin Cash Analysis: Bears Have Come to Crash The Party!Conclusion for today's Bitcoin Cash analysis: A close below ~264.21 implies lower prices in Bitcoin Cash. Bitcoin cash analysis for today is carried out using a log scale on the Daily timeframe. Chart inspection and analysis primarily focuses on the uptrend in Bitcoin cash since price reached a bottom of 73.50 on December 15, 2018. A bullish trendline is plotted to highlight bullish momentum that followed the December price low, as well as the 200 moving average and 50 moving average to present the trading bias favored in this Bitcoin Cash analysis. Price reached a peak of 483.77 on June 25, 2019, followed by a sell off and consolidation. The 50 Day moving average successfully crossed below the 200 moving average, implying a bearish bias in Bitcoin Cash. Also adding to the bearish analysis is a break below the bullish trendline that has lasted over 8 months. 264.21 is marked as a key price level to watch in Bitcoin cash as a close below would add to the two previous evidences for more downside. A close above ~335.12 would be required to relief Bitcoin Cash for further pressure to the downside.
BITSTAMP:BCHUSD
by Coin_Analyst
Long Term BCH Trading Guide: Key Levels, Elliott Wave, FibsHere's my guide I'm using for $BCH for the next 6-7 months. Catalysts Cashscript Bitcoin Cash City November network upgrade April 2020 halving Expected peak: 45 days before the halving (end of February) T1: $974.31 T2: $1,418.84 T3: $1,863.37 T4: $2,138.09 Bitcoin Cash 2019 growth is impressive. I believe Bitcoin Cash is the most overlooked coin in the space and one of the best long term investments. Good luck hope this helps.
COINBASE:BCHUSDLong
by ll21LAMBOS21
7
Bitcoin Cash Technical Analysis: Bearish Chart Pattern FormationConclusion for today’s Bitcoin Cash Analysis: Price closing below ~303.31 implies further downside in Bitcoin Cash. Bitcoin cash technical analysis for today examines the cryptocurrency on a Daily timeframe using a log scale. Price action from July 20, 2018 till current date is presented with the period including the previous downtrend in Bitcoin Cash that terminated on December 16, 2018. A bullish trendline is used to highlight the current uptrend since December of 2018, as well as the 200 Day moving average which lies just below the trendline. Price action from April 04, 2019 to current date appears to be working on the formation of a complex, Head and shoulders top pattern. The aforementioned pattern is ideally bearish and therefore implies lower prices in Bitcoin Cash. A major requirement however is that price must close below the neckline of the pattern for chart pattern confirmation. July 15 2019 price low of 251.23 is sufficient as confirmation as it lies closest to the neckline. The width of the pattern is indicated on the chart and can be used for price projection (upon confirmation) to obtain the minimum estimate for the bearish move. Less conservative strategies that involve selling prior to a break of the neckline involves initiating a short trade as soon as the 303.31 price level gives way to the downside. A break below the bullish trendline and the 200 Day moving average (both of which provide support) do increase the chances of price following through to the downside.
BITSTAMP:BCHUSDShort
by Coin_Analyst
3
Bitcoin Cash Analysis: Daily Timeframe Chart Patterns.Conclusion for today’s Bitcoin Cash technical analysis: The downtrend is expected to continue with 0.02388 as the minimum target if the 0.03095 price level is breached. Bitcoin Cash Analysis (BCH/BTC) for today is provided using a log scale on the Daily timeframe candlestick chart. The downward trend on the Daily timeframe is highlighted using a bearish trend that has been established over 13 months ago starting back in May of 2018. Attempts at breaking the trendline to the upside in April, May and June of this year did not see a follow through in price action and rather was followed by a pullback. This implies a resumption of bearish strength. In addition, a rising wedge (diagonal) is used to track the bullish swing from the 0.02388 price low on December 16, 2018. The aforementioned chart pattern has bearish implications, and this was confirmed by a break below the lower boundary of the wedge on June 16, 2019. Key level to therefore watch for support in BCH/BTC is 0.03095. Price breaking below implies a retest of the December 16 price low as a minimum expectation.
by Coin_Analyst
5
Bitcoin cash technical analysis: 6 Hour timeframe chart patternConclusion for today’s Bitcoin Cash Analysis: Price closing below ~242.29 implies an increase in bearish strength. The 6 hour timeframe of Bitcoin cash is presented using bar charts and a log scale. Price action from May 06, 2018 to current date is the main focus, with the duration having a downswing in price followed by the current upswing (uptrend). Current resistance that is active is also marked on the chart between 665.73 and 404.87. A confirmed double top formation (bearish) is also observed within the resistance price levels and indicates more downside action to follow. Immediate support for the current uptrend (retracement) is anticipated at either 346.56, 294.43 or 242.29 price level where Bitcoin cash could consolidate prior to the resumption of the current uptrend. Price closing decisively below 242.29 (the 61.8%) retracement of the uptrend implies an increase in bearish strength.
BITSTAMP:BCHUSD
by Coin_Analyst
1
Bitcoin Cash Analysis - A New BeginningSeems to be positive trend getting formed which might be a start of a new trend. The Bitcoin cash price seems to be moving in positive direction relative to Bitcoin which sends some positive signals for the altcoin. Anything below the red trend line marked will invalidate the bullish movement and might be a start of a new bear market. So the strategy to trade is to buy the Bitcoin Cash ABC, with stop loss of 0.4500 which is below the crucial red line marked which will invalidate the trend marked. The sell position will be between 0.6250 and 0.6550. Please note that the trade calls are the authors opinions based on technical analysis and hence readers are requested to do their own in depth study before investing.
Long
by SuperCryptoNiteAnalysis
Bitcoin Cash (BCH) - "The Resistance Free" Road Becomes to End!Currently, Bitcoin Cash has made pretty nice recoveries but soon it reaches into the resistance. The resistance free area starts to become over and it is time to take some profits. Those who are in mid-term position on BCH then they should consider taking some profit around $400. Those who want to take risky short-term trades, right now, on BCH consider that the maximum what you will get is 28% (which is great obviously) but it is very risky. Those who want to wait for a little correction, then technically a good entry area would be around $200. From the technical perspective, this level should be pretty strong, add here some fundamentals, watch closely what BTC does, do Your own research, etc. Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You! Have a nice week, Best regards! *This information is not a recommendation to buy or sell, it is used for educational purposes only!
BITSTAMP:BCHUSD
by VaidoVeek
2
BCHUSD - 1D Chart AnalysisOut of the major coins, the one which had the most aggressive price drop was Bitcoin Cash by far. Based on a market capitalization which has decreased significantly, the fundamentals also played an important role and these ones were not good at all. In more than one month, the price of Bitcoin Cash has dropped from 627$ (value which was reached on the 6th of November) to 95$, which is more than 80% and the worries regarding the future of this coin seem to be very relevant. At this stage, also from the technical perspective, the odds doesn't seem to be very favorable at all as long as there is a contradiction between the technical indicators as it follows: - The RSI is 17, meaning that the price is considered "oversold". But this scenario was caught off since the 19th of November and we couldn't see any "bounce back" yet. - The Stochastic is also below the level of 20 since the 17th of November but even if we could see many crossovers since then, none of it signaled any "correction" of the price - Starting with the 9th of December, the MACD has finally "jumped" above the Signal but we could see 2 red candlesticks instead - Even if the ones above are indicating that a price increase may come any time soon, the trading volumes are still very low, meaning that we shouldn't expect for big changes. Overall, the bearish trend which has "officially" started on the 14th of November (once the price has crossed the 20 days Moving Average) seem to last longer and if the trading volumes will remain the same, probably we'll see an attempt of reaching the Pivot Value of 124.26$, followed by another price drop towards the Support Level of 69.19$.
BITSTAMP:BCHUSD
by ReadBTC
Bounce From the H&S Target Low ($140)Hey everyone, in my last post I called a H&S pattern near the top of the head (where I closed my position at $183) after seeing the right shoulder confirmation I measured the distance from the peak of the head to the neckline and used that measurement at the break of the neckline to find a position to buy ($140) I ended up buying at $140.75. On a longer-term perspective looking at the daily chart a cup & handle formation looks to be coming to an end, as if this break from the H&S above pushed price down to form the end of the handle, and we are oversold on the hourly. I am looking for a +15-20% trade from this bounce. Good luck to everyone, and if you have another opinion or something to add please leave a comment. Thanks!
COINBASE:BCHUSDLong
by CameronMcEldoon
2
BCH, what a move!Wow! BCH continues this massive rally! We can see that BCH has rebounded hard off this 100 level, DOUBLING in a matter of days. The question is, can it do it again? I think so. it has a ton of momentum and literally no resistance until this 400 level. (it's in the process of bekaing the only real resistance at this 230-250 level) Once we hit that level, expect some retracement, probably back to 300, possibly 200. If the bull run stays in tact we will see BCH post gains to 650. This is really predicated on where BTC and ETH end up around the Constantinople hard fork. Happy trading and hodling! -Sherem
COINBASE:BCHUSDLong
by Sherem
1
BCHUSD - 1D Chart AnalysisAfter the big drop of the market capitalization and negative fundamentals, the price of Bitcoin Cash also had an aggressive movement and became one of the coins which are leading the drop. Looking at the chart, we can easily compare the current decrease of the price with the ones we could see the US Stocks having in the middle of the previous financial crisis. Well, it's obviously that we have a bearish market as long as the current price it's almost 48% lower compared to it's last "peak" but the technical indicators are a bit in contradiction as it follows: * We have 2 indicators which are showing that the price has reached the "oversold" area : -The RSI is 27; -Stochastic's crossover below the level of 20. * And another 2 indicators which are shoring that there is still more room for the regress to continue: -The price didn't reach the lower standard deviation of the Bollinger Band which can also be considered as a Support Level, meaning that it should't have any difficulty in going even lower; -The MACD is still below the Signal, meaning that there is no reason to believe that the price will change it's direction very soon. At this stage, if the price will follow the same pattern as in the interval 15th-18th of November, we can expect it to have some sideways movements before it will drop again, with the possible target price at 315$.
POLONIEX:BCHUSD
by ReadBTC
BITCOIN CASH & WHAT YOU NEED TO KNOW ABOUT THE HARD FORK!Hey Everyone! First things first, remember to LIKE & SHARE as always :) BCH is retracing after a massive 22% surge last week. There is much uncertainty in the market as to what the HARD FORK means for BCH. Twice a year the BitcoinCash network HARD FORKS as part of a scheduled network upgrade, so this is NORMAL, except this time it is quite a contentious issue for some people in the community. A hard fork is basically an irreversible upgrade to the BLOCKCHAIN. This is how BCH was born, as a Hard Fork of Bitcoin. So what happens is the mining power moves to the new coin, in the case of previous Hard Forks for BCH the miners have followed and supported the forks so therefore an additional coin was not created. The HASH Power simply followed the Fork. But NOT this time. Due to disagreements within different factions of BCH, this FORK is causing a complete split, and the miners are not all following BCH to the new chain as they have on previous forks. There is currently 3 possibilities on how the system will be Hark Forked. 'BITCOINABC' - offering new features such as Smart Contracts (much like Ethereum) Oracle Services and Improved scalability. 'BITCOINSV' - want to completely replace BCH scripts with their own and increase block size 32mb to max 128mb 'BITCOINUNLIMITED' - this is the peace maker - proposed by Andrew Stone, to implement the features of both ABC & SV to the same coin. AN AGREEMENT MUST BE REACHED BY 15th NOVEMBER. YOU MUST BE HOLDING COINS TO RECEIVE THE NEW COINS Many exchanges are supporting the hard fork. Please do your research as to which exchanges are supporting. Bitcoin Cash trading will more than likely be suspended during the hard fork to wait and see which chain is the dominant chain in this situation. I stress - you must be HOLDING BITCOIN CASH to receive the split chain coins. The pattern on the chart as I currently see it, is in a 4th wave retrace and is missing a 5th wave. %th wave will only be achieved with a surge in buy volume. REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!! <3 Lisa DISCLAIMER: The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons... PS make sure you give me a like, that way you get updates as I post them.... :) <3
B
by LisaNEdwards
18