Sneaky inverted head and shoulders on dailystill currently in bearish mode set up, as I see a min retest of 137... Potential bull flag could fail and set up the inverted and head shoulders play here.
BCHUSD.P trade ideas
BCH double bottom on Monthly timeframeTo call this a "Double bottom" is a bit silly but there it is, the opportinity here is obvious as in other cryptos, but BCH is one of my 4 main bets after eth shib and dot.
Yea its crap when it dumps, but holy cow do you want to have it when it pumps. 😏
10 % dump looks possible retest of b leg a/d crossing down via major moving avg and retest of the b leg of this pattern
BCHUSD formed rounding bottomBCHUSD formed rounding bottom .
We believe that the bottom is in for BCHUSD therefore we expect more upside potential for this coin.
Long story short:
- Every pull back is a buying opportunity
- Buy the dip (if we get the dip)
- Target approx. 200 usd
-ETC showed the way for altcoins
The only way is up
-We expect BTC to stay in the range therefore BCHUSD will have a chance to rise
my bitcoin cash 220 target flag needs to be createdwaiting for retrace back near .236 fib level below $140 target, and then look for support to hold and create a flag breakout . im buying the dip
BCH 1Day Chart Falling Wedge BreakoutTrade setup: There are signs of trend reversal. Support at $100 has held up so far and the price broke through the down trendline. Reached $150 where it’s likely to encounter stiff resistance. (set a price alert)
Trend: Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
OBV (On Balance Volume): is rising, indicating that volume on Up days is greater than volume on Down days. Hence, demand (buyers) exceeds supply (sellers).
Support and Resistance: Nearest Support Zone is $100. The nearest Resistance Zone is $150 (previous support), then $200.
Bitcoin Cash Huge Potential on 10X (1600%+)Here is Bitcoin Cash (BCHUSD), this is the same chart we shared a few weeks back.
We are hitting the gas on this one as we see potential for massive growth.
After the retrace that ended 13-July (Full moon), BCHUSD is now ready to grow.
We are active with 10X of leverage.
Disclaimer:
Not for beginner, for experienced traders only.
Leveraged trading is high risk and can result in liquidation.
This is not financial advice.
We are wishing huge profits and good luck.
Namaste.
Bitcoin Cash UpdateWe chose Bitcoin Cash (BCHUSD) for you because it moves like Ethereum Classic, very strong with really big candles... So the potential is huge.
When you add leverage like we did, then the profits go as high as the new moon.
For this one, we visit our trade signal which is still active and at 395%+ profits... See it below:
Bitcoin Cash Huge Potential on 10X (1600%+) | 15-July-2022
I hope you enjoy the articles, the trades & the content.
Thanks a lot for your continued support.
Namaste.
BCH short ideaI think it will go to -10000 very soon. Because no body loves it. and everyone is on leverage.
BCHUSD Breaking Trendline For A Bullish CaseBCH moved even higher following the break out of a diagonal in the last few days. Notice that recovery is now in five waves on the hourly chart so it appears that more gains can follow after the retracement. There is nice technical support at 113 followed by 108/110 area, where the price can meet the trendline.
BCHUSD Potential for Bullish Continuation | 22nd July 2022
On the H4, with price moving in an ascending trendline and above ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 126.53 where is the swing low support to our take profit at 131.4, where is the swing high. Alternatively, the price may break the resistance structure at the buy entry and drop to the stop loss at 119.00, which is in line with the 38.2% fibonacci retracement.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BCH $500 TargetI believe we will quickly fill the gap and range in the $200 area through next week. After that, a massive falling wedge has formed for the past four years that I expect to trade into. The breakout potential from that wedge is enormous. Best of luck.
Breakout of Ascending Channel on BCH I believe there is massive upside to this breakout and we are well on our way to $200 in the foreseeable future
A Leg formation SHORTSThe A leg might hit the 0.382FIB, possibly the 0.5FIB and retest the neckline @ $112.00 for the formation of the B leg.
BCH to hit below $110BCH to hit below $110
Stop loss at $117
Take profit once the price has touched SMA 63 at H1.
All the best.
IH&S on 15 min. Breakout Confirmed?I believe the four close above the 200 sma and the trend line validation may confirm my earlier idea about BCH going to $200. I am Long from 108.xx
#Rafay Bullish trend observed in BSHUSD. Long position taken after observing bullish engulfing candle assuming it to be higher lower.
Wave Forecast...Can this $73~ low hold?...will be quite funny if it does and the bottom is in - this count is valid while $73~ holds.
$247 SHORT!BCH is primed for a parabolic push to the 0.50FIB ($247.00), 125% Gain from here.
Sell: $247
Buy: 50% retrace/double bottom
The previous fractal shows the bottom hitting the 0.50FIB as well.
Good luck PAPER TRADING.
