BCH is looking good.BCH is looking good.
There is a retest of the buyer's block from which I expect a technical rebound.
I took a long position.
Stop loss 250$
BCHBULLUSDT trade ideas
BCH target 360~3944h time frame
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BCH creating a triangle pattern which could be judged as continuation structure.
TP: 360~394
SL: 256.5
Bch Looks Bearish Here Bchusdt
I am expecting breakdown from this pattetn on 4h time-frame incase it breakdown with proper candel close then we may expect bch prise to drop attleast 50%
Aiming 226$ To 140$
Dyor
Keep supporting with your feedbacks
we still have shortI think we still have short, and It will go down before any LONG so be aware if you wanna go LONG
🚨 Trade Update: BCH/USDT (5-10x)🚨 Trade Update: BCH/USDT (5-10x)
📉 Short Entry: 284 - 298
OTE (Optimal Trade Entry): 295.2
SL: 312
B/E Move: When it moves close to TP2
TPs:
Short Term: 281.2 - 278 - 274 - 269 - 260
Mid Term: 250 - 235 - 220 - 200 - 169
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®
LAST DIP before BIG MOVE!I like to keep my analysis and posts simple.
Elliot Wave Theory on recent BCH price action;
1 more dip to complete wave 7! (Around the $240 area.)
Then prepare for some big price movement.
Simplicity is key my friends.
BCHDisclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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BCHUSD ❕ reboundBCH has fixed above 50EMA on 1H TF.
RSI chart is moving in the bullish zone (4H, 1H and 30m TFs)
I think the asset will continue to rise after fixing above the resistance level.
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Entry price: 118.4$✅
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BCH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BCH/USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin cash (BCH) rallied back above 300.00 on Thursday, prior to the global crypto market moving to consolidate.
Following a low of 250.23 on Thursday, BCH/USD jumped to an intraday peak at 300.85 earlier in the day’s session.
As a result of the rally, the price moved to its strongest point since the start of the week, and closer to a recent 15-month high.
Earlier gains have now been erased, with BCH falling to a current reading of 279.71 as of writing.
One of the catalysts for this is the fact that the relative strength index (RSI) moved closer to a ceiling at 73.00, after bouncing from a floor at 70.00.
The index is now tracking at 71.69, and will likely consolidate around this area for the remainder of the day.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BCH Ready for a 50% Correction?Is BCH ready to dump. Really no body knows for sure but following the technicals it is at macro resistance and on the 4hr. a lower high, lower low, and now a lower high.
Invalidation will be a brake and hold of the high. A liquidity grab just above the high is certainly possible but to invalidate it needs to hold.
If it can reclaim the highs more upside would certainly be in order but needs to happen first.
For now the market is sitting perfectly balanced between buyers and sellers at macro resistance and when big money says they are bullish typically they have goods to sell.
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What will happen to BCHUSDT?As i see there is Area created.
So you can take Long Position with 40% of your invest Money.
for example if you have 100$ just put 40$ on this position without leverage.
Have a good Trade.
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
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!!!
