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BCHBTC trade ideas

BCH Distribution Phase EI've been trading off this 4hr BCH chart for a while now with great success. Key distribution touch points are in place with a weak bounce confirmation of the SOW break being where I added to my short significantly. I took a measured risk with a small entry through the opening LPSY level, added at first test and again on the clear break of SOW. Pros: Distribution touch points present SOW break is clean with a failed second test Guppy support through colour change on key areas Cons: Sell volume not as strong as expected through the channels Strong bounce at first test breaking higher than I would like from the SOW range Bounce potentially incoming that will need to be monitored I'm looking for more downside but the indicators show it may be due another bounce here. A break of the previous high would be a concern for me. It looks likely to fail based on previous weakness of Stoch RSI wedge breaks in the downtrend. My short trailing stops have been established as we continue. I'd be looking for a 0.12 target which has seen signification S/R before.
Short
by YeOldeMiner
BCHBTC reversal coming probably by end of the month. (this is my first published Idea on tradingview so please be kind :) ) yes I know there is too much stuff on this but that's how I work, now look at the RSI waves synchronized with breaking the long term resistances one after the other. The pattern is beautiful and there is only 1 last to break to enter bull mode. Also notice that each RSI wave is synchronized with a lower volatility wave in price, which clearly shows that bears are running out of steam. Again this reversal will synchronize with the Satoshi's vision conference in japan next week (March 23-25) and the release of BCH biggest app so far called cointext (march 27) that will allow everyone in the world to send crypto with 1 sms to any dumbphone in the world, for the first time in history (already working in private beta). I expect a big rally during the conference and the release of cointext, probably followed by a correction after that. But this correction will probably find support above the previous low, confirming that we are entering a new bull cycle.
Long
by zhell
2
Bottom fishing the BCHBTC pair with a bold prediction.Yes, the chart looks horrible,... for no reason. BCHBTC pair has been tanking as of late. I do trade the pair: for the order flow reminds me of trading bond futures. It's nice. With Bitcoin Cash BCH technology being better than Bitcoin core BTC. I think its a great opportunity to start building a position for a longer term hold, or hodl. Bitcoin cash is faster, cheaper, executions are better with less algos trading. The function of the product would be the fundamental investment. BCH could go a bit lower, but as long as BTC stays above $6800, BCH should start attracting capital along with some other coins. Hard stop would be .0930 THe CHart This is a long and safe outlook on the daily chart. The projection is a few months out with some trade opportunities in between. The price action is starting to break the top of the ascending triangle which could be the beginning of bullishness. The horizontal channel measures the length and price range of expected consolidation. In time the price will retrace 100% where there may be a trade to the downside to pick up more BCH. The top target is .1167. My projection is far out in time to make sure they are hit. BCH open sell targets. 0.10600000 Open (cancel) 0.11310000 Open (cancel) 0.16470000 Good luck everyone. Feel free to comment and ask questions.
Long
by TradeDocta