BCH - Most Bullish Crypto Good news, we have now officially broke the resistance $535, we have backtested the SMA50 and it held very well. The RSI is above 50 again and we are getting ready for a bullish momentum. Next resistance is $630, if we break $630 then the next target is $730. So be patient and don’t panic 🙌🏼🚀
Bitcoincashusd
BCH - Ready For Higher High? Hi, right now everything looking good. We are in uptrend right now, if today we close the candle above SMA50, it’s a good sign. Today we tested the resistance $535 and we got rejected. I think we are going to repeat the same structure that happened in 24.December (red ellipses), so therefore it will take couple of days to break the resistance $535. So be patient and don’t panic 🙌🏼 . 💯% bullish
BCH - Still Bullish? Hi, we expected something similar will happen when Bitcoin goes in correction mode. Now we have to figure out what is going to happen after that. As you see we have made a double bottom in RSI(43) and that is the first positive sign and I expect we are going to see (W) formation in RSI and in the chart, which I have drawn for you. The second positive thing is that both uptrends held. The third positive thing is that SMA50 so far has held. The fourth positive thing is that we have made higher high and we have not made lower low. I think the first move is that we are going to test the support level 630 that we lost yesterday, if we get above it, it is time to move further to 730.
We have to wait for more information. So be patient and don’t panic 🙌🏼 The altseason is right in the corner. 🤞🏼
BCH - Ready For $900?Hi, I updated you last week about the support level $600-630. Yesterday we saw the support level $630 was tested again and it was strong. We are now stuck in a range between $700-720 (the red rectangle) for 6 days. We have to close one daily candle above $720 and once we get above it, we are ready for the resistance $880-900. We need one more push. Be patient and don’t panic 🙌🏼
Bitcoin cash to $845 before Feb 20 updateWe are a bit late on Bitcoin cash but still going to target.
Our divergence is not yet materialized.
A previous bearish divergence kept the price stable but this is going to an end.
Bullish hidden div is going to start materializing.
Ascending triangle confirms this.
BCH/USD just broke Longterm Resistance!As you can see the 664-668 level has been a strong resistance for years now after being a strong support previously. This has just been breached. As we have seen the crypto market has been going and BCH has been lagging. Others have reached their 2017 ATH... BCH isn't even a quarter of the way to its 2017 ATH... I don't love the coin, but my guess is to strap on the moon boots for this one...
BCH - Target $900 Since the last time I updated you BCH is up 35%. We are in bullish momentum right now, 2 resistance (525 and 630 are broken), now we are looking for resistance $880. If we close the weekly candle above $650 today, it is for first time after 2.5 years and that’s good news. But first we have to backtest the broken resistance $630, if that holds, then we are ready for $880. Be patient and don’t panic 🚀🙌🏼
Bitcoin Cash - Major Breakout - Too the moon $10kThis is in a long time, I had my eyes watching it for long time as well.
We broke out of ascending triangle which was going on for almost 2 years... you know it consolidated a lot but never given the foot hold.
The immediate next target is 600, once crossed, should be without much resistance we face real challenge around 1500-1800-2000 zone... this will be tough fight but we shall be clear above $2k in few weeks.
Imagine everyone moving major money off BTC to BCH... we will be at 50% parity with BTC
BCH/BTC breakout of gaint falling wedgeBCH / BTC
Big move detected in BCH/BTC pair
We can see Breakout of gaint falling wedge
If local support (green area) hold
The next target is more than 100% from support area
If you look at chart with USDT pair
BCH/USDT just broke heavy resistances first time since 2018
This idea doesn't mean buy or sell
Do your own research before any trade
Good luck
BCH - Are You Ready?I updated you last week that we have broken the trendline and it is time to buy, since then BCH is up 25%. Now it is time to break the resistance $525-535 to move further. Once we break the resistance we are ready to takeoff. + We have RSI above 60, MACD still green and we all know that BCH is undervalued compared to the other coins. Let’s go 🚀
BCH LONG!The boundary between the two blue lines is very important!
The price is in a short bullish range and has managed to break the blue range well!
Now in the pullback, the range between the two blue lines is a good place for a steady rise in price
Return to Broken level of highest WR% is a sign of a strong price increase in the near future!
You can trade with three views! Short-term with a goal in the range of 571
Low-risk medium-term with a target of about $ 670 and high-risk medium-term with a target of about $ 1,000
BCH - Fair Value $4000 Good news, we have now re-test the trend line and the support level $400 held. Now we have to break the resistance $525 to move further. Something is very strange and that is BCH is very undervalue compared to other coins, because according to Total Market Cap exclude BTC the fair value for BCH most be around $4000.
Bitcoincash (BCHUSDT) Technical analysis updateBCHUSDT (4h CHART) Technical Analysis Update
Resistance zone breakout
BCH/USDT currently trading at $462
Buy-level: $455 to $465 level
Stop loss: Below 410
Target 1: $540
Target 2: $625
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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BCH - Target $1000From this chart we see that we have good support around $400-425 + we see also Elliott wave principle (1,2,3,4,5) waves and a small (abc) correction, so I think now it is time for new (1,2,3,4,5) waves to come and that will get us up to the target $1000 in the short term. The last update I did for BCH, I told u guys that BCH is lagging behind the Total Market Cap + the fair value for BCH must be around $2000-2500.