Bitcoin Cash BCH 4 hour vs 1 Day timeframeBitcoin Cash BCH receives a sell signal on the 4 hours timeframe and another sell on the daily.
Please leave me a message if you want to test the buy and sell indicators that i am using.
Bitcoincashusd
BCH 1D Strong buyer is gaining position for a long time, up soonIt seems that large BCH investors still have big plans for growth.
Otherwise, we do not find another logical explanation, looking at the accumulation of coins during 2019-2020.
In 2019, the coin was sold twice above $380 , fixing the profit.
However, during the 9 months of 2020, the coin was very diligently bought in a narrow range.
Also, at the end of 2020, there was a break of the historical purple trend - up , which stretches from a high $4,000. The beginning for strong growth is laid.
Now it is important for BCHUSDT buyers and manipulators that the price does not fall below $360-400 , we take the average value, the level of $380 and record it in memory as the most important mark.
If the bullish scenario continues, it will be possible to buy tasty in the above-mentioned zone.
We will fix 300% profit, around $1200 for the BTC fork - BCHUSD.
PS:
We wrote about a possible BTCUSD cost fall two days ago in the weekly digest, read it in full)
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Bitcoin Cash - Time to diversify and buyBitcoin cash has been forgotten but our chart is giving us a go-ahead to buy.
Proposed take profit levels for short, mid and long-term on our chart
BCH - TARGET $2500If we look at crypto total market cap exclude BTC (the orange line) tells us that, the fair value for BCH should be $2500. We saw a bullish candle yesterday closed above 500$ that’s a good sign. The next resistance is $650, so be patient.
BCH reached strong resistance - BCH/USD entry levels - LONGBCH rocket was launched a little bit later than on BTC, but it is here. We reached an important resistance around $632. We are heading for a correction, but Bitcoin Cash is still bullish. You have several options to jump in.
ENTRY LEVELS BCH/USD LONG:
$532
$497
$466
If we break the price of $632, buy with a pullback but be careful.
Bitcoin and Bitcoin CashUpwards from here for both of these coins
I prefer BCH, however BTC is acting really bullishly.
BCHUSD (Waiting for the resistance zone breakout in day chart)#BCHUSD Technical Analysis Update
Waiting for the Resistance Zone Breakout on the day chart
BCH/USD currently trading at $350
LONG ENTRY: Above $380 ( Enter long after 1-day candle closes above $380)
STOP LOSS: I will update once I see the Breakout
Target 1: $480
Target 2: $620
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
BCH Buy Limit setup.Bitcoin Cash - Intraday - We look to Buy at 305.2 (stop at 296.9)
Daily signals are mildly bullish.
Pivot resistance is at 331.3.
Our bias remains bullish and further upside is expected to target resistance at 331.0.
We look to buy dips.
Our profit targets will be 330.9 and 348.4
Resistance: 330.0 / 350.0 / 360.0
Support: 305.0 / 300.0 / 285.0
Bitcoin Cash - Daily UpdateBottom Line: A third wave rally is in its early stages.
Key Levels: Above 280.33, 324.90, 337.64 Below 133.74, 204.46, 231.43
Outlook: Higher in a developing third wave advance against 204.46.
Analysis: We continue watching for evidence a small second wave correction is at or near an end. Key support for our outlook is 245.59, with critical support at 231.43.
BCH Long term bullishMA's flipping bullish on weekly chart, other indicators support bullish action coming.
Also spotting HH - HL trajectories
Just an idea, BCH was one of the first coins going crazy after the previous 2017 Bitcoin ATH break.
DO YOU KNOW:
The break of the 2014 ATH happened on February 20, 2017
On February 27, 2017, the altcoin market cap doubled and the 10-month bull run begins
So, no advice but hold on. I also see an upcoming run for the alts
Ahead of the Curve - InformativeThis is an informative post rather than an analysis.
Hopefully someone extracts some value from it.
I believe in staying ahead of the curve, in doing this, we don't need to make fast moves. Being patient often pays.
For example Bitcoin Cash, has a goal at the end of its Roadmap "mankind scale" which includes 50 transactions a day for 10 billion people.
Positioning ourselves for these events in the roadmap, can provide a new way at looking at scaling and in my mind 'payment options'
We are starting to see the adoption of Bitcoin ATM's and Bitcoin payments within stores. "the obvious option is "buy bitcoin??!" which I feel a lot of people stick to.
However is this ahead of the curve?
In the grand scheme of things it most likely is, but are there better options?
Bitcoin Cash for example, a fork of Bitcoin, is processing more payments than Bitcoin in Africa, coupled with an underdeveloped and youthful TA situation. Gives large prospect for growth. The 'mankind scale' creates a thought provoking assumption. That the majority of the world will be using cryptocurrency. (im not an expert at population inflation rates)
In my opinion Ethereum is the clear winner in diversifying and revolutionizing the way we view currency. With the introduction of DeFi. And my portfolio reflects this decision.
Thankyou for reading my thoughts.
Remember its not just Bitcoin.
Bixley
BCHUSDT formed bullish BAT | Upto 38% move expectedOn the daily chart, the price action of Bitcoin Cash has completed bullish BAT pattern, now it has entered in the potential reversal zone. There are also 100 and 200 simple moving averages supports in the potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Potential reversal or buying zone: $262.77 to $248.88
Fibonacci projection or sell zone: $295.91 to $345.57
Stop Loss:
The potential reversal zone area that is up to $248.88 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 38.8% and as per the above-mentioned stop loss, the loss possibility is 6%.
Note: Above idea is for educational purpose only.
Bitcoin Cash clasped between key resistance and support
Bitcoin Cash lost the ground above $300 again following rejection at $320.
BCH/USD is stuck between the 50 SMA resistance near $300 and the 100 SMA support at $280.
Bitcoin Cash recently recovered from the Thanksgiving Day crypto crash. The losses on Thursday last week failed to embrace support at all the three moving averages; the 50 SMA, 100 SMA, and 200 SMA on the 4-hour chart. Buyer congestion at $250 saved the altcoin from diving further.
The rebound from the crucial support reclaimed the position above $300 earlier this week. However, BCH hit a wall at $320, cutting short the anticipated spike to November’s peak at $373. A correction came into the picture, pulling Bitcoin Cash into a 13% dip.
Meanwhile, BCH/USD seems to have embraced support at the 100 SMA, highlighted at $280. The price is doddering at $289 amid the push to recover the lost ground toward $300. On the upside, movement is likely to be limited at the 50 SMA, slightly under $300.
The resistance at the 50 SMA and the support at the 100 SMA might keep Bitcoin Cash in a range before a breakout comes into the picture. Trading above the 50 SMA and the hurdle at $300 will call for more buy orders as the uptrend heading to $373 and $400 is validated.
On the downside, it is essential to hold above the 100 SMA to avert looming declines back to the primary support at $250. The 200 SMA is in line to absorb some of the selling pressure, preventing BCH from diving massively towards $200.
Bitcoin Cash intraday levels
Spot rate: $288
Relative change: 0.55
Percentage change: 0.2%
Trend: Sideways trading bias
Volatility: Expanding
Bottom Diamond pattern on weeklyby the book, if it's diamond pattern, the target should be the green square..
www.centralcharts.com
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 $195-200 will attract to itself.
Bitcoin cash symmetrical traingleBCH / USDT
🌟 Techincal Analysis🌟
The price was Consolidating last days and
Forming symmetrical traingle
The Higher chance it will break it up
Why ? Because
most tether coins moved recently but bitcoin cash not
If breakout upward happens iam sure we can see BCH trading in 3xx$ area easy
However break it down then we can see 220-200$ area ( strongest support )and i dont think that will happen unless btc dump (hard)
Please have a plan before trading
Good luck and happy trading 🌹
Bitcoin Cash the hibernating bear - 3x altcoin rally possibleBitcoin Cash has had massive downside after its all-time highs and went deep into the "Bear Zone" down to 65€ but never was able to get over 300€ ever since.
I will take a conservative look and see fully possible a 3x rally given the next altcoin cycle will start here soon.
There are however 4 resistance levels (237€, 300€, 415€, 615€) to break for BCH to reach the 710€ 4x spot.
It will largely depend on if Bitcoin Cash will be able to keep it's Top 10 position by market cap in order to attract enough attention with all the DeFi noise.
Of course an 8.5x could also be possible, but given the weakness of BCH since the last cycle it does not hold such a strong market value proposition then e.g. Ethereum.
Bitcoin Cash - $BCH - Back in Business!WAVE 3 in progress! The best time to buy is now!
I'm LONG / BULLISH position. I expect that $BCHUSD will rise up.
This would mean that BITCOIN CASH will gain more value against USD.
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION .
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST .
To the moon is too close, go beyond!!!
Well, keep you updated as this timely issue evolves.
Good luck!
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#altcoins #bitcointrading #BuyTheFear #BuyTheDip
