BCHUSD.P trade ideas
bchusd analysis#BCHUSDT is preparing to go upper than 2000$ after that we can rest 2-3 month for the last rally this year
BCH worth Paying Attention to even NOWGood day fellow traders,
Even dough BTC is doing its own thing. For a quick day trade, maybe a swing its worth looking at BCH here. There is some nice consolidation the last days, with less volatility than most other alts relative to BTC .
This could indicate strength, somebody is still buying, even if the larger market is selling in crypto.
Buy at the bottom of that channel $1300 area followed by a sharp SL.
Pay attention to the resistance zone! When you are in the right position you should be in profit by then.
Monitor the daily candle tomorrow for more confirmation of the strength and bullish momentum.
Levels indicated on the chart,
Good luck to you all
This is not financial advice
BchI was flipping bearish. Still not sure how it’ll play out. Only becuase of flat bottom and I’ve seen this chop break down in the past. I don’t want to be faked out again. It is testing resiatnce now.
MY MINIMALIST CHART ANALYSIS FOR $BCH$BCH- TRON ON A DAILY CHART
5.8.21 0346H +8 PACIFIC
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
Note:
This is not a piece of financial advice.
I am a student and this just a practice.
Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.
Postings most of the time is delayed as it
takes time for me to finish on several
analysis of assets.
Updates will be posted religiously if time
permits.
BchBe cautious. Hidden Bearish divergents on daily. Daily MACd cross rolling over. We may lose this 1222 support I’ve been talking about. Low target eithe 1085 or 1100. In flipping bearish since we have been rejected so often by this 1600$ level. Losing buying pressure. I’d be cautious over the next week or so...
Bch!Backtestinf breskout. Let’s see if it holds as new support !!! Need to stay above as low as 1420 in my opinion to confirm
BTC Cash Greetings Traders this is my Analysis for BCHUSD and it is Long.
On the chart we can see that the price after the downtrend near the Support Line has experienced a pattern of Strengh and it started a Uptrend Movement.
We should have about two targets to obtain on the chart.
It has started to accumulate for a future Uptrend Movement.
Traders please make your own analysis before trading.
Please Leave a Like,Comment and Follow!
Thank you!
Bitcoin Cash broke nearest resistance (1450.00)Price is testing this level as support now. I'm waiting that BCH can pull back and start growing. If this will happen, we will have good signal to open new long position. I think that price can reach next good level (1620.00) or even go higher.
BchLet’s see if we can finally put an end to this consolidation. Watch for confirmation hold above 1430 or if you want to be 1000% sure look for break and hold above 1487
BITCOIN CASH NEXT TARGETExpect bch to consolidate or take a little correction before continuation to the up side.
BchStill trading sideways. Low volume. Didn’t get that big of a pop or bounce as I was expecting to get off the 1276 level. If we lose that support and can’t bounce off 1222 which I don’t think will be that significant overall, breakdown target is 1062 with expextions our longer term mean trendline that we had been flowing before the rip is around 1100
Bitcoin Cash pattern prediction !!it will consolidate for couple of days. followed by short term drop, to finally shut up for a new all time high.
Bitcoin Cash, Considerable Triangle-Formation, How It Completes!Hi,
Welcome to this analysis about Bitcoin Cash, we are looking at the 2-hour timeframe perspectives. Bitcoin Cash has shown up with this strong exponential bullish leg to the upside and is now developing this triangle-formation in the structure holding above the 45- as well as the 35-EMA. Within the triangle, Bitcoin Cash has almost finalized the coherent wave-count and when it manages to increase with the bullish edge in the coming time to finally close above the upper-boundary as it is marked in my chart this will complete the whole triangle and show up with the further continuations to the upside, therefore it is highly necessary that Bitcoin Cash rightly holds the boundary of the triangle and does not fall below it to invalidate it.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
BCH is preparing for a great run up 🔼 BCH has a great fall which is much needed in order for it to go retest the trend. The long consolidation before hand has definitely gather many buying forces which would be more than happy to scoop more during this period.
So long as $500 not broken, we should see it coming back to 1100 range and with a near term target of 1600.
Maintain buy rating on BCH which also a lackluster compares to its bigger brother bitcoin.
