BCHUSDTBCH showing some strength and my trading plan on the chart.
stop lost under the bullish order block
Be safe
BCHUSD.P trade ideas
Bitcoin Cash important zones of buying and selling aggressionWhat price did you buy at or do you believe is the best buy for bitcoin cash?
I want to read your comment and discuss it in the community!
BCHUSD 30 % dump comingAs the bear market continues , the price can't break the resistance and it remains in the downtrend.
We expect 30 % dump before any significant bounce. If it happens BCH would drop to 75 $ which are lows from December 2018.
It also likely that we will see price lower than 75 $ in this bear market.
Any bounce probably will be a short lifted and the price eventually will go down.
Good luck
BCH quick OUTLOOKThis analysis is a continuation of the previous one. I have stated 2 possible scenarios by considering the current market structure. There are 2 types of entries explained in this video.
Going short on BCHUSDBullish Indications
1- HH and HLs
2- Piercing candles, bullish candles
3- Support at the bottom trendline
Bearish Indications
1- Inside bar, hanging man at HH
2- Resistance at 110.8
3- Head and Shoulder
4- Bearish Divergence
Bias: Short
Sell at 107.22 (at LH)
S/L @ 110.81
TP1 - 103.63
Units: 55.7
Bitcoin Cash levelsBitcoin Cash levels on the 1-day chart: In my opinion BCH is the highest upside probability and lowest downside risk crypto asset at the $99 level. Plus, it's future utility is undervalued considering it has the same rareness of 21M tokens, much lower transaction fees than BTC, with much faster transaction times. It has a 6 year price discovery history that brings it near its all time low currently. Furthermore, BCH supports smart contracts. I think it makes sense to HODL for 2023 and add more on dips now. No sense selling BCH at these levels imo. The biggest downside is it could take a long time for BCH to get out of a sideways range.
SMA200 = $115
VWMA13 Bollinger-Bands.Multi_Choice:
top = $107.54
R3 = $105.61
R2 = $103.67
R1 = $101.74
pivot = $99.80
S1 = $97.86
S2 = $95.93
S3 = $93.99
bottom = $92.06
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
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7pt Trading compass:
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BCH outlookThis video represents the continuation of a previous more detailed analysis regarding BCH
Delisted this monthMajor announcement
Many cryptocurrencies are getting removed from exchanges this year.
As those tokens get moved to other exchanges more supply is added
and if trade volume doesn't peak the assets value will decrease big time.
Bitcoin cash
Ethereum Classic
XRP
XLM
and so many more are leaving major exchanges.
Stay up to date and make sure your not buying or holding delisted tokens.
BCHUSD Short
The long-term downward trend continues.
The initial targets derived from the "Head & Shoulders" pattern have been reached around $92.
At the moment there is an accumulation area in the form of a descending rectangle, which is likely to be broken down.
The next scenario I expect is that Bitcoin Cash will fall to $63-73 and either Double Bottom or Small Spring will be formed.
BITCOIN CASH WARNING BULL🔥🔥Bitcoin cash Breakout Incoming! Can buy Bitcoin cash . I bought it and froze it. We will continue the movement with the yellow lines drawn according to the plan
BitcoinCash /USDBitcoin Cash is currently on sale at a very discounted price. We are in a fallen wedge. All time lows are 79.$-80.$ range. and We have maintained that level. Be expecting a break and retest to the upside.
BCHUSDTIt is expected to drop to the area specified below, thus completing a fifth sub-wave, then completing wave C, and thus ending three historical downward waves.
BCH heading for $50Update from BCH heading to $100 we’ll we’ve been hovering here for a little while. I won’t be interested until below $50
a nother short setup for BCH/USDTlow volume and bear market show us we can short setup at 109$ to 95$ st 111.89
Bcerful market risky
can use 10% of all walet
#BCH #BITCOINCASH 78x FractalThe 2018 fractal seems to be playing out flexing to the Golden Ratio ($6900.00)
Spring 2023 shows a price spice t0 $4300.00 and a retrace.
Feb 2023 seems to be a slow crunch upwards. Lets see if this narrative plays out.
Possible cup handle breakout As you can see there is a clear cup handle pattern matching in 1-hour chart for BCHUSDT. So there is a possiblity for it to test 109 range support or even 108 range, and if there is enough volume so it will touch its 110 range and will try to break it.
BCH/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this BCH/USDT 1DAY chart update.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Bitcoin cash (BCH) raced to a one-week high on Wednesday, despite cryptocurrency markets mostly trading lower.
Following a low of $103.09 on Tuesday, BCH/USD surged to an intraday peak of $109.09 earlier in today’s session.
The move saw BCH hit its highest point since November 8, when the token was trading close to a high of $120.00.
As can be seen from the chart above, today’s high saw bitcoin cash move closer to a key resistance level of $110.00.
The 14-day relative strength index (RSI) also rose higher, with the index breaking out of a ceiling of its own.
Currently, the index is tracking at 46.52, which is above the aforementioned ceiling of 45.00.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin Cash Retracement LevelsSaint Kitts and Nevis may be adapting BTC as legal tender in 2023, but that won't prevent the asset from retracing first, which works to the advantage of the savvy crypto investor. I see BCH reaching possibly beyond the 2.618% Fibonacci retracement level in the short term as the markets reset during this bear winter. We may markup, but any markups above TRR most likely will not be sustained prior to the macro sell-offs.
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Not financial advice. Always DYOR and trade at your own risk.
The Bitcoin Cash bull runAre you ready for the bull run of Bitcoin Cash?
Long entry: 104 usd
Take profit: between 150k / 300k usd
This is my personal opinion and this is not a financial advice! Good trading!
BCHUSDRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision.
Thank you.
Good luck
BTC Step-brother may be bear market proofThe black sheep of the family, BCH, the forgotten child of the 2017 frenzy hard fork. Its actually an interesting project and already has a nice set-up of merchants in North Queensland and some places in the caribbean. I think this coupled with the fact it has enough supporters that believe it the project and are willing to buy the dips. I have to admit that the BCHBTC graph is quite ugly and may suggest that simply buying BTC is the best play but possibly buying BCHUSD inside the highlighted channel could see a nice return over the coming years. If you believe the tinfoil hat brigade on reddit then there is a chance that exchnages are causing a lot of selling pressure on BCH. Its also important to remember that BTC and the Bitcoin forks don't have CEO or angel investors looking for profit taking spots, so unlike a lot of crypto projects you wont get dumped on during a brutal bear market. As always i dont really have a clue and i'm just a dude who likes drawing lines on weekly charts. Not financial advice, so its not.
