Bitcoin Cash (BCH/GBP) Key Levels Before BreakoutBitcoin Cash is currently testing a major level of resistance dating back since March, 2024. A break through this could run the price to the upside of £600+
£421 has been rejected once from the bulls already, so they are looking to retest this area back again :)
Bitcoincashusd
Bitcoin Cash BCHUSDT Rockets to TP1! Remaining Targets on Watch!Technical Analysis:
On the 15-minute timeframe, Bitcoin Cash (BCHUSDT) has successfully hit TP1 in a long trade setup, showing strong bullish momentum. The price has moved above the Risological dotted trendline, signaling an upward breakout.
Key Levels:
Entry: 350.85
Stop Loss (SL): 344.45
Target 1 (TP1): 358.80 (Done)
Target 2 (TP2): 371.60 (Pending)
Target 3 (TP3): 384.40 (Pending)
Target 4 (TP4): 392.30 (Pending)
Observations:
The price made a steady climb after breaking through the entry level, driven by positive market sentiment.
Risological dotted trendline acted as support, boosting confidence for long positions
.
With TP1 successfully completed, Bitcoin Cash is now aiming for higher targets. Keep an eye on price action as it approaches TP2 and beyond, as the bullish trend looks likely to continue.
Bitcoin Cash BCH price now at the stage of correctionWe described in detail about such a project as Bitcoin Cash and our global vision of the CRYPTOCAP:BCH price movement in our previous idea, almost 2 years ago)
Since then, the #BCHUSDT price has made a modest x9
Looking at the #BCHUSD chart now, it seems that 5 waves of growth have already passed, and now the A-B-C correction process is underway.
Do we want to buy BCH in our investment portfolio - no
But if we were told: here's your money, but only to buy BCH, then the limit buy order would be placed at a price not higher than $320
Interested in what will happen next? Like and write your own version of the events
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Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
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BCHUSDT 1W Where to sell Bitcoin Cash if the growth startsToday, we want to focus your attention on the global and maximum chart of the BCHUSDT trading pair
In August 2017, it was "a very hot summer": the alt season was in full swing, and there was also a BTC fork, as a result of which Bitcoin holders received free BCH 1:1. The same manipulation took place after during the fork of Bitcoin Gold - another sad fork coin.
After the fork, the BCHUSDT price soared to $4200-4400 on various exchanges.
And then the success story of BCH disappeared.
At the time when BTC during 2019-2021 was able to increase in price 20 times, the price of BCH could not even rise to half of the ATH indicator.
On November 15, 2018, the Bitcoin Cash blockchain was split (hard fork) into two branches — BCHABC and BCHSV.
There is also a lot of controversial information surrounding one of the biggest supporters and the organizer of the BCH fork - Roger Ver
In a word, we bypass such projects and do not trade it.
Now, about the chart
The 13th week of red candles and an uncorrected fall in the BCH price continues.
There is not much left to the absolute price minimum, in the area of $75.
We cannot recommend the purchase of this asset. At the moment, there are many different interesting projects for investment
If a miracle happens on the market and the price of BCHUSD does turn upwards , then on the graph we have shown where it would be good to sell off your BCH.
Here, each individual has to look at his deposit where he bought BCH and where it is profitable for him to sell.
Levels from above for sales: $250, $350, $550. The most positive and still weakly realistic forecast for the growth of the Bitcoin Cash price is $900
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We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Cryptolean Bitcoin Cash BCH UpdateBitcoin Cash is moving strongly bullish and trying to break through the key resistance zone of $471-$488.
A bullish break-out and a daily candle closure above $488 will lead to re-test of $528 and a strong bullish move towards $600.
An inability to sustain the price action above $471-$488 will lead to a dip to $435.
Cryptolean Bitcoin Cash BCH Update Bitcoin Cash is trying to reverse from the daily support zone of $377-$395.
A bullish reversal from this support zone will result in a move to re-test $435-$451.
A bearish break-out of $377-$395 will push BCH price lower towards $341.
Intraday Chart
The BCHUSDT 4-Hour chart is trying to escape bearish zone and get back to above $389.
A bearish rejection of $389 will lead to Bitcoin Cash price declining to $303-$327, the key intraday support zone, however on the way to this zone BCH will have to deal with $361 support.
A bullish break-out of $389 will push price to re-test $442, however the price action may be slow and choppy.
Support once read!
Thank you.
Bitcoin Cash ($BCH) Next Growth Challenge Bitcoin Cash (BCH)
The performance of Bitcoin Cash (BCH) has been somewhat restrained since Bitcoin's rise began in mid-October. The asset only grew by about 25% over the month, but this growth has already been negated.
Currently, BCH is on a downward trend, trading within the support zone of $206-$215. This is the same range from which BCH started its upward journey on October 16. If Bitcoin continues its correction, BCH might set new local lows. The first target for sellers would be the psychological level of $200.
For BCH to start an upward movement, buyers need to show strength and break through the resistance zone between $235-$245 with significant trading volume. The next challenges for growth would be at the $250 level and then within the seller's range of $258-$270. Overall, in its current state, BCH doesn't seem to be an attractive option for spot buying, so it might be prudent to avoid long positions for now.
Bitcoin Cash BCH long medium-term trade #22Yesterday, the BCHUSDT price behaved quite well during the "circuses" that were organized using trigger words: "ETF" "BlackRock" "SEC"...
This manipulation "deleted" many shorts positions... but gave two points for reflection:
- there is strong demand for growth. The slightest trigger in the form of a tweet and the price of BTC is ready to push up +7.5% in 15 minutes, the last time it seems to have happened in 2017.
- What if, yesterday, many shorts' stop orders were deliberately knocked down to make it easier to fall without "extra passengers"? (There have always been paid-for articles or "accidental mistakes" in publications on the crypto market - it's a matter of price and benefit.)
Write in the comments what do you think happened yesterday and what will happen next?
Nevertheless, we are here to trade and make money on it. Therefore, we bring to your attention the conditions on which we are ready to enter the medium-term BCHUSD trade
Entry: in the range of $177.6-189.6 (the desired average price is $183.6)
Stop: $165.4 (-9.9%)
Take profit: $305.60 (+65.45%)
P/L ratio: 6.7/1
For now, we are taking a more pessimistic scenario as a basis, a price correction of -20% from the current one. Since it is not yet clear whether yesterday's manipulative events have finally worked on the price and what the final goal of the manipulation was.
However, if the BCH price corrects relatively smoothly and slows down around $201 (-12%) , then this is also a reasonable and convenient point to enter long.
We will closely monitor the movement of the Bitcoin Cash price and, if necessary, update the idea and the trade to adjust to the market situation.
Therefore, if you are interested in the BCHUSDT trade, please like, comment, and subscribe to us, and Tradingview will send you a notification when the idea is updated.
Bitcoin Cash Parabolic Rally Update! | BCH Price Prediction 2023Hi friends hope you are well and welcome to the new update on Bitcoin cash (BCH)
Harmonic bullish reversal move:
Before starting the analysis of BCH, I would like to share with you my most recent trade signal for Bitcoin cash, which I shared few days ago. That was a harmonic bullish reversal BAT move, which BCH formed on a 4-hour time frame, and recently it has begun a successful bullish reversal form the potential reversal zone of this move.
Massive breakouts:
On a weekly time frame chart, from March 2021 uptil January 2023 the priceline of Bitcoin cash was moving inside a very big falling wedge pattern, and finally in the second week of January 2023 Bitcoin cash broke out this huge wedge pattern but got stuck inside in another symmetrical triangle and in the second week of June 2023, after testing the support of this triangle BCH rallied almost 200% and broke out the resistance of this pattern as well.
Dropped in golden pocket:
After the 200% rally the price was dropped 61.8% that is considered as a golden pocket of Fib retracement level. Finally it has happened and BCH has begun nice reversal move
Broke out the channel:
On a daily time frame, for almost 77 days priceline was moving inside a long down channel. Finally it broke out this channel on 15th of September 2023. After the break out the price and got rejected by the reference of $226, it has also broken out this resistance as well. There is also a support at $180, which is also a recent swing low before this channel’s breakout, therefore, below this support the stop loss can be placed, in case of trading this breakout.
Targets:
Target for the recent channel’s breakout is at the top of the channel, which is approximately $315, and if we take a look at the target for the previous breakout from huge falling wedge pattern, which has already happened on a weekly time frame, that is at the top of the wedge, which can be between $1600 to $1800.
Conclusion:
For the past 77 days the priceline Bitcoin cash was moving continuously to the downside, but after breaking out the recent down channel and starting a bullish reversal from a golden pocket it is confirming a trend reversal from the downside the outside.
BCH rally update!Hey friends hope you are well, and welcome to the new update on Bitcoin Cash (BCH).
Falling wedge breakout:
On a weekly time frame, the 15th largest cryptocurrency has broken out a falling wedge pattern.
Big symmetrical triangle:
After the breakout Bitcoin Cash was not able to continue the rally because of a resistance of big symmetrical triangle.
Bull flag:
On a daily time frame, priceline of BCH has formed a bull flag and target for this bull flag is almost $1000.
Conclusion:
Bitcoin Cash has broken out two major resistance levels of a falling wedge, and a big symmetrical triangle. Now the bull flag formation is signaling to the continuation of the rally.
$BCH Ready for next move upI’ve been watching SET:BCH closely and it has become extremely bullish but also people are HODLing harder than ever.
There is a noticeable decrease in selling pressure after the 250% gains, and I believe we are primed for an increase in buying pressure and volume.
Fibs will show levels SET:BCH can touch, although, it is holding very strong so it may never see them. I have ghost candles showing my prediction with a move upwards towards $420.
NFA, DYOR
HELPME.CASH
TWITTER.COM/AYYFEZZ
Bitcoin Cash (BCH) forming a bullish BAT for upto 12% pumpHi, dear friends, hope you are well and welcome to the new trade setup of Bitcoin Cash (BCH) with US Dollar pair.
On a 4-hr time frame BCH is about to complete a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Bitcoin Cash BCH price what is happening, why is it growing?The goal from the previous BCHUSDT idea, which was drawn on the chart, has been achieved, that's why it is worth updating the picture and thoughts.
By the way, in the same previous idea, we described a lot about Bicoin Cash and our memories associated with this project on the crypto market.
So, in a little over a week, the price of BCH has grown by +130%, which is a super rapid growth that has not been seen since the end of 2018.
We don't know what this rapid growth is due to, maybe you will share important information in the comments below the idea?
In our opinion, before continuing the growth wave to t he next targets of $340 and $550 , the BCHUSD price should correct in the coming days.
And the $150-160 zone is a "tasty area" for buying BCH, of course, if you believe that the project has been resurrected and has great prospects.
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Bitcoin Cash BCH price try to rise while crypto market "frozen"?Today we want to focus your attention on the global chart of the BCHUSDT trading pair.
It was a "very hot summer" in August 2017: the altcoin season was in full swing, and then there was the first historical BTC fork, which resulted in bitcoin holders receiving free BCH 1:1. All of the following eight BTC forks that were realized on "the hype" with an obvious speculative purpose have long been forgotten by history. And the coins that resulted from the BTC fork are worthless and are not needed by anyone.
After the fork, the BCHUSDT price soared to $4200-4400 on various exchanges.
And then the success story of BCH melted away against the background of other cryptocurrencies.
While BTC was able to grow 20 times in value during 2019-2021, the price of BCH could not even rise to half of the ATH rate.
On November 15, 2018, the Bitcoin Cash blockchain was split (hard forked) into two branches - BCHABC and BCHSV.
There was also a lot of contradictory information about one of the biggest supporters and organizers of the BCH fork, Roger Ver, although we haven't heard from him something interesting or extravagance for a long time.
Now about the BCHUSD chart
For almost a year, the BCH price has been moving in the range of $100-150
And we would continue to ignore this long-forgotten project, BUT:
Yesterday, when the cryptocurrency market was in a narrow consolidation, the price of BCHUSDT jumped up +12% and closed the trading day with a powerful green candle.
The related coin BSV gained +50% on the day.
What happened in the projects that they decided to pump their price while the market is in uncertainty? Please share your thoughts in the comments.
If a miracle happens on the market and the BCHUSDT price is fixed above $150, on the chart shows all the levels where it would be good to sell your BCH.
Here everyone should look at their deposit, where they bought BCH, and where it is profitable for them to sell.
The levels from the top for selling are $250, $340, and $550. The most positive and super unlikely forecast for Bitcoin Cash price growth is $900
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Bitcoin Cash - Red Alert!I posted a chart on Bitcoin Cash a few days ago, you can check it on my profile and follow me for further updates. Here I present the line chart with a bull pennant type structure on RSI (Relevant Strength Index) and a symmetrical triangle on the candlestick chart. Most people would have this triangular shape down as an inverse bullish pennant, signalling a continuation to the downside, however, I see a symmetrical triangle and these structures can be both bearish and bullish. Because of the RSI showing a bullish pennant, my thoughts are that RSI will go up, which in turn would mean price goes up. You can see XRP already leading the way in the altcoin market and generally XRP leads the altcoin market into a bull run. There is also a good chance Bitcoin has topped in this cycle, so it wouldn't suprise me to see some of the funds in bitcoin swap back over to bitcoin cash, which has not completed a full cycle yet.
Bitcoin Cash - The Lost Dinosaur I have recently been paying attention to bitcoin cash and in particular, the oldest chart I can find with all the data from previous bull runs etc. As shown, the weekly chart is showing a potential Elliot Wave structure with wave 1 being complete and wave 2 either complete or very close to being complete. IF this is a 2-wave structure within a broader 5 waves then wave 3 is next, which is the fastest, most aggressive wave of all the waves in the Elliot Wave theory. From a fib time span, bitcoin cash should start going up this week and into November.