BCHUSD.P trade ideas
BCHUSD shortBCHUSD broke trough the ascending trendline. Decline to support level at 368 is expected to happen.
Bitcoin Cash longBCHUSD broke through the descending trendline. Bullish movement to resistance level at 504.5 is possible.
Test demand area on 2022Need testing demand area. Some whale need cash for new year and metaverse development. Q2 - Q3 is good for investing. Press like button if you agree. Thanks
BCH Bitcoin CashSimple idea. Looks very promising. Im thinking we will very likely stay in formation on this one. I see a divergence in the RVI. Could be preparing for a nice new spike.
This is a huge formation!!With all the potentials it has. This will be the biggest breakout.
Goodluck.
BITCOIN CASH LONGS 💰💰💰Expect bullish price action on this coin as price is rejecting with a huge bullish momentum from 400$, we have a lot of liquidity that has been taken out on ,,support area,, where a lot of margin stops where sitting in my opinion.
We are going for the BUY SIDE LIQUIDITY above 600$
What do you think ? Comment below..
BUY BCHgonna be buying bch right here. everything is setting up for a huge pushup www.tradingview.com
BCHUSD will shine soonBCHUSD currently is back into the accumulation zone.
Don´t get fooled by haters.
BCH is not dead.
Currently very oversold RSI
We expect a few weeks of accumulation and in 2022 a huge uptrend.
This analysis will upset many haters but we expect the final target between 10k and 15k USD. not only BCH will do well but also other dino coins such as XLM , XRP, DASH and many more.
ETCUSD already in April and May 2021 showed us what dino coins can do when they are in a prolonged accumulation.
We expect similar move for other dino coins.
Patience is a key.
No financial advice
$BCHUSD Bitcoin Cash Daily Compass.COINBASE:BCHUSD Is preparing for a push upwards to test the broken descending wedge around 550 sometime this week.
Follow for more updates...
#AHMEDMESBAH
BITCOIN CASH PERSONAL ANALYSIS IN THE LONG TERMChart shows common supports and resistances based on the Fibonacci and price action. The total evaluation for Bitcoin Cash is neutral-bearish. The coin itself is considered stable when in terms to interest since it is affiliated to the major cryptocurrency BTC, however it doesn't mean it holds the same sentiment or value to that of its precursor. The coin itself shows multiple oversold regions with no established higher lows which entails very low buyer interest near the 700-1000$ region, hence it would be wise if a buyer would only consider investing in this coin in a clear BTC bulltrend with a reasonable buy order at the lower fibonacci levels to have a safe confidence in holding it for the long term.
In case of a bear trend, this coin is highly deemed to be inadequate for swing trading and the liquidity for shorts is also low because of the strong support.
Bitcoin Cash: Is it dead or an underdog? 10K - 25K conservativeThis is currently in the accumulation zone. There has not been much public interest on Bitcoin cash. Or mostly crypto as a currency only project. But prepare to be surprised. With low fee and EVM compatible smartBCH smart contract platform, it is going to take everyone off by surprise. This is a scarce resource, so expect moves to be not incremental but parabolic advancement within very short timespan. With enough liquidity and volume on the market the only way is upwards.
Most people definitely won't be buying at current lows, which is missed opportunity.
Take your pickAs it stands we are going to finish this cycle and move up in March/April of next year on to new highs. Or we will get to the end of this smaller triangle down to 345 and they in Sept of next year breakout higher.
Bitcoin Cash (BCHUSD): Very Bearish Outlook
Top-down analysis on Bitcoin Cash.
Key leves & price action analysis.
Local bearish scenario explained.
Long-term buying opportunity discussed.
❤️Please, support this idea with like and comment!❤️
BCH Resets its Would-Be 5th Wave Rally with PullbackWith our crypto crash last week, Bitcoin Cash invalidated its PURPLE primary pattern with the break of 386.59. This means that our larger Wave 4 correction that started after the May 2021 peak had been continuing all this time with that purple subwave (i) actually being a fake-out rally!
Therefore, the GREEN pattern is now primary, and it has the entire 4th wave pullback identified as a double-zigzag (since the would-be C-wave is actually an ABC zigzag down, now labeled as 'Y'). It is not clear if the pullback is done yet, and we may see a slightly lower low to the 0.618 extension of our W-wave which would fall at about 324.07 on the chart. (FYI, there should have been a RED alt pattern on this chart as I had on all my other crypto charts... Point is now moot as GREEN has supplanted this.)
So what's the good news despite all this doom and gloom?! BCH has a clean slate on where it can go next. Without 1-2 setup present, we can't make a clear projection yet on where the top should go, so I've added the big green box as our rough target zone. This falls within the 0.382-0.618 extension range of our larger 3-4, a common Fibonacci proportion; this is 1139-2370.
However, as I'm interpreting the larger pattern starting from the Dec 2018 bottom as a diagonal, I'd expect the 5th wave to extend to somewhere between the 1.382 and 1.618 extensions of the larger 1-2. While the lower end of this range falls within the green box, the upper end falls at 3181! So yes, there's a puncher's chance we make it that high!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#bitcoincash #bitcoin #cryptocurrency #bitcoinmining #bitcoinnews
bchclear symetrical triangle. large down move into this patter which could insinuate a break down. howver if we can hold above 438 and we dont close below... our upside target is 540$. if we lose 438 and close below our downside target is 357
BCH/USD- Possible Setup.BCH buy on trend line break out, short sell at 410 if rejected from trend line.
BchLookin for a close above 467$ could see a nice push on BcH up to 500 reistance short term or retested breakdown of 571
BCHUSD Fibonacci Retracement, Support!Bitcoin Cash has not yet followed the market, it is still very cheap when compared to its crypto peers
0.382 can be seen as a strong resistance turned support, this is a great entry point.
Its peak of $4000 in 2018 is still so far away
With real world applications, BCHUSD hodls promise
Bitcoin cash it has strong resistance at $622.44
$197.31 strong support but not sure what the future holds
full fibs extension will good but will survive to get there ?
