BCHUSD.P trade ideas
BCH Weekly: Bullish Inverted Head & Shoulders with Golden Cross The BCH weekly chart is presenting a compelling bullish case with an inverted head and shoulders pattern. This symmetry between the shoulders suggests a balanced struggle between buyers and sellers before the potential upswing. Additionally, a golden cross has just formed within the right shoulder, highlighting a potential shift in momentum towards the bulls.
While the price hasn't broken through the neckline yet, the current consolidation pattern and the technical indicators suggest a high likelihood of a breakout that could lead to sustained bullish momentum. This potential reversal could be a significant turning point for Bitcoin Cash.
This inverted head and shoulders with the golden cross is definitely a pattern to watch. Let's see if BCH can break free! Until next time, happy trading everyone!
BCH Moving Higher - Last Time We Ever See This Price?Possible double bottom forming.
+ Summer/Fall Season after halving is when prices start going up.
+ BCH has been at this price before and many times.
+ RSI Under
+ MACD Under
+ Similar Chart to BTC around these prices.
One day it's going to be the last time you'll see BCH under $500. Could it be now?
BCHUSD Bitcoin Cash/USD Bullish Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist BCHUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts.
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BCH USD 1D - Elliott WaveElliott Wave Theory:
Developed by Ralph Nelson Elliott in the 1930s, this theory suggests that financial markets move in repetitive patterns or waves.
These waves reflect the collective psychology of investors and traders, alternating between bullish (upward) and bearish (downward) phases.
The theory identifies two main types of waves:
Impulse Waves: These are the primary trend waves (1, 3, and 5) that move in the direction of the overall trend.
Corrective Waves: These are the secondary trend waves (2 and 4) that correct the price movement of the impulse waves.
Bitcoin Cash (BCH) Elliott Wave Analysis:
Let’s apply Elliott Wave Theory to BCH:
First Wave (1): The initial bullish impulse wave. BCH starts its upward movement.
Second Wave (2): A corrective wave that retraces part of the gains from the first wave.
Third Wave (3): The strongest and longest bullish impulse wave. Often the most significant price move.
Fourth Wave (4): Another corrective wave that corrects the third wave’s advance. We are currently in this phase.
Fifth Wave (5): The final bullish impulse wave, completing the cycle.
The fifth wave (5) is expected to take BCH to new highs.
Current Position:
Based on the Elliott Wave count, we are currently in the fourth wave (4) of the BCH cycle.
If the pattern continues, the fifth wave (5) could lead to significant price appreciation.
Remember:
Elliott Wave Theory is a tool, not a crystal ball. It provides probabilities, not certainties.
Always consider other technical indicators, market sentiment, and fundamental factors alongside Elliott Waves.
Keep an eye on BCH’s price action, and let’s see if the fifth wave (5) takes us to new heights! 🚀🌟
See also: Educational purposes: Bitcoin Cycles Explained (Elliott Wave Theory + NVT Indicator)
BCH.usd eyes on $725 : Resistance to give dip for Halving Entry?BCH halving run seems to be at hand.
Price is about to hit a key resistance.
Possible end of local wave, to dip soon.
$ 721.50 - 729.41 is the major resistance.
$ 575.73 - 583.29 is the first strong support.
$ 634.43 - 636.10 minor support via dual fibs.
We may blast thru, then look for retest entry.
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BCH/USD Poised for Upside After Support TestHello Everyone,
Here we go again with BCH/USD! The price just tested the previous support level, respected it, and looks poised for further upside. Let's go BCH!
TradeWithTheTrend3344
bitcoin cash is waiting for reaction to trendline Bitcoin Cash (BCH) is a crypto asset running on its own blockchain network. The main Bitcoin blockchain underwent a hard fork in 2017 after disputes among the community regarding technical aspects of its makeup. The fork resulted in two different blockchains and native assets: BTC on the original Bitcoin blockchain and BCH on a new Bitcoin Cash blockchain. Both cryptocurrencies have a maximum supply of 21 million coins.
BCHUSD - FALL CONFIGURATIONThe H4 Elephant Bar, which announced the fall, did not favour risk management, as it left us without a stop loss option.
The bar that followed the elephant bar was of little significance and revealed the possibility of a correction of 2/3 of the previous bar without, however, losing the downward configuration. For this reason, our sell entry is at a future point around 445.90. Selling at this point gives us a good stop-loss location with risk-reward = 3.
Multi-time Fibo clouds are aligned and compressed for selling and are the main filter and guidance for this trade.
Translated with DeepL.com (free version)
BCH Eyes $1000 This Year With A Reversal At $400Fibonacci Fluctuations: BCH's recent reversal from the 50% Fibonacci level to test the 23.60% level highlights key technical thresholds influencing price movements.
Sideways Consolidation: The price stabilization around $400 extends a sideways trading pattern, indicating a period of market indecision.
Bullish Rebound Potential: A potential bullish resurgence could see BCH prices soaring towards the $1000 mark by 2024, given the right market conditions.
Buy-the-Dip Opportunity: The current price level near crucial support offers an attractive buying opportunity for investors looking to capitalize on future gains.
Market Recovery Sync: As the broader market begins to recover, BCH's close correlation with Bitcoin's price movement could play a crucial role in its price trajectory.
Technical Resilience: Despite recent bearish pressures, a 0.77% intraday recovery indicates a slowdown in bearish momentum and a possible setup for a rebound.
Golden Crossover Anticipation: The expected golden crossover between the 50 and 200 weekly EMAs could significantly bolster bullish sentiment.
RSI Indications: The RSI pulling back from the overbought territory while staying above the mid-line suggests that the selling pressure may be easing, maintaining a bullish outlook.
Support Confluence: The proximity to the $400 level, coupled with the 23.60% Fibonacci level, forms a strong support confluence, enhancing the chances of a bullish reversal.
Downside Risks: A breach below $400 could lead to a retest of lower support around $250, adding a cautionary note for traders.
BCHUSD Bearish side Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist Bearish side of BCH/USD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Short entry, New Robbers who looking to join the heist they should enter after the breakout only. Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next target.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
700 short term target, 1500 1yr target Bitcoin cash is still in an uptrend with daily chart showing a bullish continuation pattern after successfully retesting support and it holding from C leg. Also on the total market cap, you can see the bull flag present. A breakout of 9.5 billion total market cap is needed for price action to go higher.. I'm accumulating dips for the breakout set-up. C leg is buy set up, d leg is the resistances level .
BCH/USD: Long-Term Bullish Outlook Despite Recent DownturnHello Everyone,
Despite the recent downturn, BCH/USD maintains a long-term bullish outlook, with the potential for an upside move looming. However, it's essential to exercise caution, as a breach and sustained lock below the 1D PP could indicate further downside.
TradeWithTheTrend3344
BCH/USD WHITE SWAN HARMONIC PATTERN PRINTINGOn the daily time frame SET:BCH has printed a bullish white-swan harmonic pattern that is almost in completion for upward continuation📈
A Bullish candle close on the daily tf with good volume above the $382 area will be a good entry
BCHUSD Bitcoin Cash Bullish Robbery Plan on Up SideDear Crypto Robbers,
This is our master plan to Heist Bullish side of BCHUSD Bank. My dear Robbers U can enter at the any point above my entry area, The Heist was started at the Moving average Pullback Push. Our target is Red Zone that zone is Venomous Snake area Be careful and Be rich. Loot and escape near the target 🎯 Please Look at the plan carefully before enter to loot money.
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Bitcoin Cash (BCHUSD) Quick Video IdeaEASYMARKETS:BCHUSD Bitcoin Cash
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FREEDOM CURRENCY BOW DOWN Biggest line BCH needs to flip into support is $1600. When that happens $8K quick. End targets $14-16K. MAXI TROLLS WILL BE CRYING.
Long-term Bullish Outlook for BCH/USDHello Everyone,
Long-term prospects for BCH/USD appear favorable, with 460.946 serving as a robust 1M support level. Any potential breach of this level could prompt additional testing of support. However, overall, the enduring trend suggests a solid bullish trajectory in the long run.
TradeWithTheTrend3344
The great bum (MEME)Like we see clouds in various shapes in the sky, can we see a nice bum in BCH chart? Let's effing goooooooo....
BCH/USD: Strong Long-Term Buy Despite Recent DipHello Everyone,
Despite the recent downward swing, the BCH/USD pair maintains its status as a robust long-term buy, with solid monthly support maintaining its stability.
TradeWithTheTrend3344
BCH - Looking UpwardsLooks like there is at least one more push up in BCH. Tons of confluence at 1050 USD. We had a massive triangle breakout followed by multiple ABCs. Also BCH/BTC looks fantastic. Will meet massive resistance at 1050. If we can get past 1050 and flip the resistance to support we could get out of control - but I wouldn't bet on it. Also take a look at BCHG - will BCHG follow GBTC?
Bullish SHARK harmonic pattern on BITCOINCASH On the 4h time frame BchUsd pair has printed a bullish shark pattern that is almost in completion for a trend continuation on the upside.
Stoploss should be slightly below X.
