Adding to BCH shortI think we're setting up for the 50% crypto drop I started talking about while posting entry one for this.
BCHUSD.P trade ideas
BCH Retest NarrativeBCH Fractal shows bear market in the near future but also shows a tight triangle.
Will there be a potential retest to $70.00 (22,000% Gain)?
Or will BCH launch out of the Triangle from $168.00 (9700% GAIN).
Or will 2023 look more likely?
The ALTCOINS were missed, and there are 2 narratives to be played out.
Will ALTCOINS launch and decouple from BTC?
(*BTC shows signs of decoupling from NASDAQ)
LONG BCH!
Bitcoin Cash Vs US Dollar - Direction?
BCH If this yellow(chart) downtrend line is broken,(178.35 zone), the price will touch around 183.20.
~ FAnlysisTeam
Bitcoin Cash Adoption Continues to Swell WorldwideBitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai.
Bitcoin cash is also accepted at Burger King St. Kitts and the island’s Panda Supermarket accepts BCH. In St. Kitts, the crypto asset is further accepted at Sun Island Clothes, Karma Asian Cuisine, Econo Retail Shop, and Oracle Martial Arts Academy.
Merchants accepting bitcoin cash are prominent in a number of other regions worldwide including Anguilla, Antigua, Japan, Venezuela, Slovenia, Australia, Philippines, Vietnam, Ghana, Zimbabwe, Argentina, and more. Additionally, a good portion of the companies that take BCH for payments are accepting the digital currency directly, rather than using a third-party or payment processor.
BCHUSD ❕ important levelThe price is moving in downward channel.
Volatility declined.
The price is testing 200MA (1H TF)
I think that the price will test an upper boundary of the channel and fall after fixing under the boundary.
TS ❕ BCHUSD: accumulation zoneBCH is moving in the accumulation zone and the price is now near the support level. I expect an upward rebound.
BUY scenario: long to 211.75.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
BCH short I think the general crypto market is setting up for a break that will take everything down about 50% from where it is now. Positioning for this now.
#BCH long here looking to take this to all time highsThis is a long position on BCH i will take it back to all time highs so please enjoy the ride.
BCHUSD D1: 200% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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BCHUSD D1: 200% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: BCHUSD DAILY/candle chart review
::: HIGHER RISK SETUP USE TIGHT STOP LOSS
::: further losses short-term
::: expect BEARS to target 146/116 USD
::: however strong REVERSAL after correction
::: setup still valid as of today
::: chart is LOG SCALE
::: get ready to BUY LOW later near 146/116 USD
::: BUY LOW near 146/116 USD using tight SL
::: currently correction in progress / no upside
::: dump until after FED (16th June)
::: for now stay out / wait for better entry price
::: up to 200% gains possible later
::: short-term pullback/correction
::: is possible / likely
::: however chart looks good for REVERSAL PLAY
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +200% gains
::: details: see chart
::: FINAL TP is +200%
::: recommended strategy: BUY/HOLD 146/116 USD
::: TP BULLS +200% gains final exit 465 USD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/STRONG REVERSAL
::: Sentiment short-term: CORRECTION/146/116 USD
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
BCH BuyThere's so much overhead resistance that it's almost not even worth longing, but this is a great risk-to-reward buy opportunity if you're interested in BCH.
BCHUSD ❕ uptrendBitcoin cash is moving in an upward channel.
Volatility has increased.
The price broke through 50, 100 and 200MAs on the 30m Timeframe.
50MA have broken upward 100MA on the 30m Timeframe.
I expect that BCH may continue to rise to the resistance level if it fixes above the support level.
Buy BCH/USDSell position inBCH/USD this is great opportunite. If you agree withe my idea don t forget supporte me .like and subscription pls .
BCH will stay above 200$I think BCH will back to above $200 very soon. It will reach around $400 in the mid term and around $1,000 in the long term
BCH Full FIB 8000% Gains$14.2k - $16.7k is the target sell area.
The 18 BCH had a Blow Off Top that went beyond the FULL FIB 4.236.
Good Luck to all! ALTCOIN is about a month away.
BCH Short $477/$666Im willing to bet The Devil (The Feds) comes out with some good new around the $666 mark. There might be 2 weeks of market pumping before the parabolic rise.
Good Luck Traders. Lets see if this fractal plays out and history generally repeats itself.
BCH making symmetrical triangleHello my friends, today I want to talk with you about BCHusd.Price reached strong support level and pulled back.Price was in uptrend some time.I am waiting that BCH can continue growing and try reach resistance area to retest it.So be ready for such scenario.
PLZ TAKE PROFIT AND USE TIGHT STOP LOSS
THANX FOR YOUR SUPPORT
BCH Accumulation Idea (Long) (Buy)Disclaimer: I Am not a Certified Financial Advisor. This is not financial advice.
Trade Idea:
$BCH has entered its accumulation phase. The Sum Average of the 7 Weekly Lows charted is approximately $186. The Sum Average of the 6 Weekly Highs is approximately $1600. Accumulating with an DCA (Dollar cost Averaging) Approach/mentality, over the next 4 quarters could lead to a Average Yield Return of (700-800%).
(Note: Hello Hope You Guys Are doing Well. If you like the idea, please drop a like. I love investing and its my passion. Love and Prosperity for All.)
Sell BCHUSD now for daily downtrend continuation from here Sell BCHUSD now for daily downtrend continuation from here . Like and follow for successful trend continuation trading signals from me and like and follow my page
BCHUSDSales scenario After confirmation, we enter the sales position
Purchase Scenario After confirmation, we will enter the sales position
BCH heading for $100Bitcoin cash is starting a wave 3 down and it will be heading for under $100. With maximum pain maximum value will appear I’d love to buy when it hit $50 or lower. I have an alert for $50 I won’t bother looking until I’m alerted!!
The Bitcoin Cash bull run begins now!Are you ready for the bull run of Bitcoin Cash?
Long entry: 270 usd
Take profit: between 200k / 400k usd
Between now and the end of the year it should grow about 1000 times
This is my personal opinion and this is not a financial advice! Good trading!
HIGHLY IMPORTANT DECISION TIME FOR BCH!Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity.
Bitcoin Cash is high volume coin. Which is a good thing in a bull market.
But right now we are in bear market and at a very important price zone for bitcoin cash!
277 is a massive support area.
If we cant hold it price can test the 200 price zone which means a %25 decline in value.
Supoort areas
277
255
200
Resistance areas
293
342
387
BCHUSDHello guys! Bitcoin Cash is also in down pressure. We are targeting 70.00. Keep selling. Enjoy!!!
