After an incredible run is trading under resistanceAfter an incredible run is trading under resistance, no long before it flips 307, if u want a trade, short now with 275 retest as target, tight SL though. NFA
BCHBULLUSDT trade ideas
BCH ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BCH symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
My BCH trade is ultrashort, scalping.The correction was expected, and now a short-term correction can happen.
bitcoin cashBitcoin cash technical analysis basically on elliottwaves Princiles and RTM priceaction strategy
bitcoin cash can be pullback to minot wave 4 support and then grow to Tringle e waves of wave x
wait and watch.
BCHThe BCH cryptocurrency has been very volatile lately. But this growth was more like speculative manipulation. Because there were no fundamental arguments for such volatility. Nevertheless, growth exceeded the 200% mark. Moving clearly within the boundaries of the ascending channel. Now the chart shows a breakdown of the structure. And the price moves below the resistance level of the descending pennant. I already went to SHORT at $293. I recommend that you also consider this trading signal for trading futures in SHORT!!!
Bitcoin Cash (BCH) forming a bullish BAT for upto 12% pumpHi, dear friends, hope you are well and welcome to the new trade setup of Bitcoin Cash (BCH) with US Dollar pair.
On a 4-hr time frame BCH is about to complete a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Bitcoin Cash aspire to the moon.Hi guys, let's review the current situation on Bitcoin Cash.
Bitcoin Cash continue to crash all resistance levels one by one and aspire to the moon. For the last couple weeks BCH price increased by over 200% and trading above 300 at the moment. To be honest I didn't expect this huge rise and it was very much surprising to me. Overall, I expected that BCH will rise but not so much. As I see there is only one main resistance remained on its course. I indicated this resistance area from 390 to 420. Also, take a note on weekly volume. It's extremely high and usually after such huge volume we can expect some price correction. Let's see how far BCH price can go.
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BCH /// LONG SIGNALHey every one 🌹
This is BCH road map in 2H .
This is a QMR and will be work ✅✅✅
Good luck.
Please see my previous analysis and enjoy it 🙏🏼
BCHI think the correction starts from this range and in the range of 287.6 it is worth entering the target of 337.0
This is my opinion and is not a buy or sell offer
I would like to know your opinion
BCH/USDT are we finished with that dump? Hey traders 👋
BCH is making some interesting moves here where price is just pushing and pushing to break that last Support which is holding the price up. We see a good potential here for a nice correctional movement as we just got out liquidity grab movement as well - keeping a eye on this on as well!
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Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
BCHUSDTprice has reached the daily supply area with rapid acceleration
Most likely, sellers will enter the market from now on
For a sell position, you must follow the trigger in the 4-hour and 1-hour periods
Due to the rapid upward momentum, selling position has high risk
BCHUSDTConsidering the acceleration of the price and reaching daily resistance, I can imagine such a price movement
BCHUSDT⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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BCHThe price continues to pump following the news of trading starting on the EDX exchange. The price is currently in an extremely overbought zone. Be cautious, as the correction after the pump is expected to be very strong. The nearest strong support level is the Point of Control (POC) zone and the weekly 100 MA.
BCHUSDT ---> %78 PROFIThello guys...
There is such thing as a free lunch :)
as you can see bch broke the descending wedge
after that did a sharp move and at the same time, it broke the previous resistance level
If the price retraces to $174 level you can get a long position and hold it until $316!
_______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
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Overview of accumulation breakout patternsWelcome to my new educational post
As you can see in BCH/USDT chart, One weekly green candle is enough to overcome 1 year of bear/consolidation zone !!
If you are surprised, let me tell you this is very normal behavior in crypto market as we saw this happened many times before
Another example :
DOGE / USD
When to expect a coin to explode like that ?
The accumulation pattern have many stages
1- After a period of bear market starts to deccelerate the price action becomes flat and usually take long time of horizontal accumulation between main supply and main demand (weeks / months / years )
2- Multiple fakeouts can happen to make both buyers and sellers exhausted
*The best buy (smart money) after the price reclaim the main demand after stoploss taken the second best buy after valid breakout (candle closing)
The shorting is the vice-versa
3 - Finally the strong breakout take place and overcome many weeks / months or even years of bear / consolidation/ accumulation zone
4- After the coin make breakout many traders will avoid it in the early breakout but it will continue rise and rise ..and every time it rises more it becomes more risky
Later it will turn to be crowded coin and many newcomers buy it at very high prices at this stage it becomes a gamble and MM will sell their profits on newbies
Note : The distribution phase is the opposite of accumulation phase
Note : not all coins can survive bear market, So the fundamental view has great role to support the coin
I can tell you about potential coins in accumulation now which have chance to do similar thing :
#FTT - #DYDX
DO you know another potential coins in accumulation ? Tell me in comment section below ⬇️
🔥 Bitcoin Cash Hedging Trade After Huge Bullish MoveBCH has been making crazy gains over the last two weeks. This happened mostly during a period of sideways price action of Bitcoin.
Although the market is very bullish over the long-term, I think it's wise to protect against a sudden dump.
I chose BCH because it has been severely outperforming the market recently, even hitting a daily RSI of 89 at some point. The argument is that BCH has to do some mean-reversion at some point. In addition, once the market starts dumping it can give back all its gains very quickly.
My overall view on the market is still bullish, but building in some protection is never a bad idea.
Moral of the story: FORGET EVERYTHING YOU KNOWThe last weekly candle before this massive pump was a really bearish engulfing candle that even closed under support. RSI even broke the MA downwards!
So yeah, you CANNOT time the market, you CANNOT TA the market, and you definitely can't predict the future.
Bch@bch
I still don't have the confirmation of the break, the last candle was 326, so I don't think it can go higher than this, if it is approved, you can see the above three lines after a few weeks, if you are thinking about buying it, when you see it Two green numbers arrived, check the power of the candle and momentum, if it is OK, buy it
Look at BTC ! Golden Hoop Stick !Look at BTC ! Golden Hoop Stick !
Bitcoin Cash has risen sharply in the last two weeks, which is exactly the time point of the first anniversary of Bitcoin Cash cash from June 2022!
Now the strong pressure of Bitcoin Cash cash is 344.52 in the week of April 18, 2022; Now the strong support of Bitcoin Cash cash is at the opening price of 188.91 in the week of June 6, 2022!
Normally, the real starting time for a variety to enter the long-term horizontal market is generally about 3 years. The recent surge of Bitcoin Cash cash will wait and see whether it is a long time to roll over or really get up!
