BCH/BTC 1WTrend line breakout anticipation. At its most solid support. This would be a good swing. Hopefully BTC doesn’t disrupt.
BCHBTC trade ideas
BCHBTC Long Position (My First)Fibs lining up for a long. Price rejected off the 0.6618
Break - pullback - launch
BCHBTC is expected to rise furtherThe pair created a solid base bouncing from 0.02465 level 4 times and trading side wise for 3 weeks. It broke out of the horizontal range yesterday at 0.02636 and broke out from the bullish flag pattern.
The pair is not targeting 0.0275 and 0.0281 levels, any pullbacks towards 0.02636 are considered buying opportunities with stop level at 0.0259.
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Happy Trading!
Bitcoin Cash is going to Zero?Hello Traders,
Bitcoin Cash seems that is repeating its previous movemant pattern, If that is the case bitcoin cash is close to give us an excellent sell opportunit in the near weeks.
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Best regard Sandro and Gustavo.
BCHBTC Short IDEAI'm so glad I dumped BCH a while ago... Who knows if it will hit the major target against BTC but I was playing around with it and look... It may wick down to 761344 Sats if decides to hit the major target!!!
We may want to have a buy order at the major target levels in case it wicks down... Lets see what happens!
BITCOIN CASH/BITCOIN LONG TRADE SETUPPlease manage your risk. Use Stop loss. And do not take blind entries.
If you have question let me know. If you want to analyze any pair let me know.
This is just an idea. what we see.
Market can go in the opposite direction, what we analyze. so we have to manage our risk and adopt the situation accordingly.
Bitcoin Cash breaking outWhile bitcoin and some other alts rallied bitcoin cash stayed behind.
Hopping in here once this rally starts.
ALSO:
Roger Ver may be eying Bitcoin.org
While Cobra did not name any prospective buyers for the domain, a thread on Reddit suggests that Bitcoin.com owner and fellow Bitcoin Cash (BCH) advocate, Roger Ver, is interested in purchasing Bitcoin.org.
Bitcoin Cash trading IdeaHello merchants,
Bitcoin cash seems to have reversed its bearish trend by breaking its long-term trend line in red. It is possible to believe that you will test your previous resistance level again.
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BCH/BTCI'm patiently waiting for BCH to flip the gray box to support to jump in. This is one of the very few that haven't pumped yet since BTC's drop to 3K+ in March.
Its been holding pretty nicely during BTC's voliatility today, which is a good sign to me that the bottom was probably in. On the 4hrs, it already reclaimed 200MA and hitting 200EMA.
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
A trading opportunity to buy in BCHBTCMidterm forecast:
While the price is above the support 0.0235, beginning of uptrend is expected.
We make sure when the resistance at 0.0480 breaks.
If the support at 0.0235 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 0.0285 on 05/09/2020, so more losses to support(s) 0.0246 and minimum to Major Support (0.0235) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 50.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.02455 to 0.02350). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
Beginning of entry zone (0.02455)
Ending of entry zone (0.02350)
Take Profits:
TP1= 0.0296
TP2= 0.0332
TP3= 0.0403
TP4= 0.0480
TP5= 0.0549
TP6= 0.0652
TP7= 0.0868
TP8= 0.1055
TP9= 0.1245
TP10= 0.1857
TP11= Free
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Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
orecastCity English Support Team ❤️
A trading opportunity to buy in BCHBTCMidterm forecast:
While the price is above the support 0.0235, beginning of uptrend is expected.
We make sure when the resistance at 0.0480 breaks.
If the support at 0.0235 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 0.0285 on 05/09/2020, so more losses to support(s) 0.0246 and minimum to Major Support (0.0235) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 50.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.02455 to 0.02350). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
Beginning of entry zone (0.02455)
Ending of entry zone (0.02350)
Take Profits:
TP1= 0.0296
TP2= 0.0332
TP3= 0.0403
TP4= 0.0480
TP5= 0.0549
TP6= 0.0652
TP7= 0.0868
TP8= 0.1055
TP9= 0.1245
TP10= 0.1857
TP11= Free
❤️ If you find this helpful and want more FREE forecasts in TradingView
Please show your support back,
Hit the 👍 LIKE button,
Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
3 Inside Weekly Candle Breakout #BCH $BCHLast time we had 3 inside weekly candles highlighted. Seems like we have upside ahead on BCH/BTC short term, my target is .033 sats from previous post. Not financial advice, P U N T
BCH has a clear path ahead of ALT-season!Hi again!
We have had an interesting couple of months no doubt. BTC is making people guess, so much fear and so much bias.
BCH however is looking ever so bottomed out. Looking back a few months back, we can see that from the bottom of mid Jul 19' we have seen an accumulation phase until Jan this year, followed buy a last bag filling pump to this date. The bottom IS in! We have an overlay fractal taken from Jan-Mar 19' just sized up to fit the chart. There is a remarkable bottom pattern repeating.
RSI - looks bullish but has to close above the RSI wedge to confirm a breakout.
BCHUSD pair has just recently broken out as well:
'
I'll keep this updated as we go. Easy targets are 0.035 to 0.045, pretty likely a mid-term peak at 0.060. Followed buy an accumulation phase before next legs up well above 0.1.
-B
$BCH/BTC: Anticipate breakout of down trend line Currently resting on a solid support. I’d open a long on breakout confirmation. This could wake up aggressively!!!
BCHBTC ABC correction 🦐BCHBTC creates ABC correction, and we are waiting for fifth legs in order to complete ABC (Elliot's Wave)
When the price will break the support and flip it in resistance, We can set a short order according to Plancton's Strategy
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
