BCHBTC trade ideas
Long $BCH Bitcoin cash tightening up, going long here with a tight stop. If it breaks down below major support line next target will be 0.07.
BCH catching a bid?BCHBTC seems to be breaking out of a near-picture-perfect falling wedge that has formed since December. 24H MACD and RSI indicating a possible reversal. Combine this with fear in the BTC markets outlined in a LTC idea here , and we have the potential perfect storm. BCH may be viewed as a potential alternative to any disruption of the BTC network... keep an eye on it.
BCH VA BTC AnalyseBCH va BTC
if the trend breaking the line green it will be go down at the end of the line blue
but if the trend breaking the line white it will be go to the moon
BCHBTC Poised for Move Up - PrudenceAs you can see the resistance is the 3 Day Rolling Pivot Range high, that's the higher set of green dots. This is a key level that if broken through could carry us to higher levels. Already the price tested this level and failed. It wants to test it again.
Take note of the stop loss at the Opening Range low and the first profit target. There is a second profit target as noted by the green bar higher up. This is fast approaching the breakout level so I will publish now .
Stay tuned. I will update this as we progress.
BCH accumulationLooks like a pattern we've seen before, I'm following this black declining trendline
bch crapthis is like xrp, garbage if are at any profit insta dump and who cares if another wave happens, this coin has to be accumulated, its like 1 yr old, its going to dump to mid 3 digits eventually
BITCOIN CASH LONGEASY BITCOIN CASH LONG
It will recover its position in the marketcap, and will take up the 3 position
Market Cap
$19.855.265.859 USD
Circulating Supply
16.987.300 BCH
Max Supply
21.000.000 BCH
www.bitcoincash.org
Bitcoin Cash potential profit areasBCC shows signs of reversal. Four potential profits areas identified. Good luck in your trading.
BCHBTC Bullish flagFound a possible bullish flag for the BCH-BTC pair. Currently, BCH is sitting at .15 BTC. If this trend continues, BCH can make a run for .19 BTC which is very close to the 1.618 fib line. This trend is invalid if the price breaks down from the lower part of the channel.
RSI is at above 55 on the 4-hour chart showing strength and a bullish sign.
**NOTE** I am not an experienced trader. I am an investor learning TA. So please, take it easy on me.
**DO NOT use my published ideas for making decisions.
Recommendations are welcomed.
Again, I am not an experienced trader.
Maybe this SH!T isn't as complicated as we try to make it. BCH/BTC overall channel is well defined. Don't get caught up with the pumping and dumping along the way. I thought I had a pump and dump pattern figured out last month based on the BTC mining difficulty algorithm adjustment cycles, however the last few DAA's have been rather insignificant for the price. What we can clearly see, however, is the distinct uptrend channel.
BCH stubborn bullsSay whatever you want about bitcoin cash, i'm seeing an ascending triangle on the BCHBTC pair and we know there are many stubborn people backing up BCH so they will probably give it a shot with their deep pockets...
