Descending continuation expectedDescending continuation expected. The ~$610 area will be a good entry point. Price expected double around the time of thanksgiving.
BCHUSD.P trade ideas
Price faces depreciation up to $656 after bearish returnThe bears have been ruling the BCH/USD price chart for the past few days, as the price has been constantly experiencing a fall. The price underwent considerable decline even today, as the bearish trend brought it down to $656 extreme. This has created chances of the price going in the danger zone, as the bearish trend has been expanding at a constant rate.
Bitcoin Cash (BCHUSD): Structure Breakout & Bullish Continuation
Bitcoin cash broke and closed above a key daily resistance cluster.
Now we see its retest.
I will expect a bullish wave from 622 - 656 demand area.
Next goal for buyers 782 - 802 resistance area.
❤️Please, support this idea with like and comment!❤️
BCH Elliott Wave Chart by CryptoKnee Looks like 640 held! At the moment, a potential Zig Zag down complete is possible, which would still fit with this count variant. A zig zag complete does not necessarily mean the correction is over, especially in a wave 4. So watching how this developes. Green done, yellow some more correction, red bad for short term bulls. Watching these support resistances which ever way it choses. Super bull, this is a 1,2 1,2. Bear this impulse, if completes, is a C of a ZZ.
#BCH #LONGHere is another coin to buy and hold as cup and handle is confirmed. The handle will prevent us from burning our fingers while drinking hot tea from the cup. And once the cup is on our lips, our brain tells us to test the hotness of the tea, then hold a bit before sipping again, and this time, the quantity in our mouth will be much more than the previous ones. This explains what will happen after a breakout. Enjoy. I am LEON, feel free to message me.
BchLooking at this on a line chart it’s possible we see a backtest of that previous resiatnce as new support. 653-652 wpuld be the néw support !
BCH Elliott Wave Chart by CryptoKnee Played out as suspected! Keeping an eye on the 650 area to hold and flip into support to keep things ideal. IF this is in a wave 3 it should keeping ripping. Not saying its done yet but will be looking for a wave for when it gives us a bit more info.
BchWhat a great trade. Poste about this whole
Bch was at 608$ started buying here. An
Hour later it ripped to 661 where if w brok that targeted move
850
I added more even thou it seemed extended a bit that was the plan. It was a great move. It’s hard to say if it’ll keep running from here straight to target. I pulled a few FIB levels we have 732 and 773 before hittinf 855$. If we pull back suppor it’s 711 and 657
It is extended but I cannot say if it’ll rip right to the tarhet or pull back. It’s def a monste but striaght up runs can result in a decent pull backs. So be cautious if buying up here.
Our next key resitamce is 808$ that was that last peak we can see here clearly on the chart so best thing I see is we stall out there
BCH confused What's up guys , I'm posting this to see if anyone has feed. back on it , cause to tell you the honest truth , I'm surprised I cannot find a setup on this as price as been stuck in a very confusing range
Any feed back will be appreciated as I am still yet to make new friends on here
Myself 2 years ago will gamble and say long but trading isn't gambling , it takes a lot to be a trader !
what do you guys feel ?
BCH - Ascending TriangleUPT:
1. 1013
2. 1161 - 1201 (Golden Pocket)
DPT:
1. 470
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
BCHUSD Bitcoin Cash Break Imminent - Target $1200-$1300In this video:
Triangles
Swing trade target $1200-$1300
Longer term target
Price movement projection
Trade strategy
BCH - a roadmap to $1000I assume waves 1-2 in place.
The pattern looks very similar to a bunch of digital assets, that have pumped heavily recently. The move will be strong and swift
BCH Elliott wave chart by CryptoKnee. Quickie: Possible bullish scenario. Breaking 640 and hold as support would be a good start towards confidence in this count.
Holy mother of godMaybe one last bounce off the lower support, then blast-off. I wouldn't try to catch the bottom though, too much upside potential on this one.
BCH inverted head and shoulders#BCHUSD
$BCH shaped inverted head and shoulders that price can reach $1000, a break above resistance of $1200 will rise price to $1600 and more.
BCH - The Phoenix Rises From AshesBehold the beast! For once it rises from ashes, there would be no stopping the underdog. The regal phoenix shall claim its rightful throne.
BCH UpdateBitcoin cash is coiling up for a massive move, get ready for this pump. q4 will be insane fireworks!!!
Bitcoin Cash - bull run targetsNothing new - if bitcoin surges, the whole market will rise. Rising tide lifts all boats.
These would be my views of targets. Barring any crazy Fud or some new major positive developments, which would move targets higher and/or lower. Even though my previous BCH idea hit all targets and built that as support range, no movement is guaranteed - trade at your own risk and set your stop losses
BCHUSD update long than shortafter re-analysis I have decided to trade small long . I have marked the zone and the price. I am waiting for the price to return to the zone and after the signal from the chart I will open a long position. Then bee watched the short position in the marked zone
BCHUSD shortAs with BTCUSD, however, I am looking down now. I made a short position from the designated zone and TP
