BCHUSD trade ideas
BCHUSD Neutral to Bearish Price Action at H1 Time FrameHi there,
The price is neutral over the 268.71 low. A break of this low might encourage more bears, but the price can reverse to test the 280 area.
293.79 and 283.23 highs maintain the bearish momentum in this time frame, and as long as 283.23 is still active over the current price, the overall trend is bearish here.
Happy Trading and have a great weekend
K.
BCHUSDTAfter a long time bch is about to pump.
It's accumulation zone and soon we will see manipulation zone downward then it will go upward.. My first tp is 330.
Just hold it.
BCH/USD: Tracking Support for Bullish ContinuationHello Everyone,
In the BCH/USD pair, our focus is on the weekly and daily pivot points to potentially serve as support at present. Failure of these levels to hold could potentially trigger a bearish pushback.
TradeWithTheTrend3344
BCHUSD Approaching 1-Year High: Long-Term Bullish SentimentHello Everyone,
The BCHUSD pair is nearing its 1-year high of 329.71, indicating a potential resistance level ahead. We are currently monitoring the daily support levels to gauge the market's stability. Despite this, the overall outlook remains bullish for BCHUSD, suggesting long-term growth potential.
TradeWithTheTrend3344
BCH Feb 13th long-term updateAnother week and another free sharing from the TTR most recent #cryptocoin pick update:
Bitcoin Cash is another quite undervalued token. The breakout level sits at 329.50 followed by a main breakout zone resistance at $400-410
I don’t own much of this coin, only 20, but I see great potential here if 1450 is broken to the upside. A test of the 1400-1450 zone will be a big one as it will set a W multi-year pattern and potentially can breakout hard with an upside target of 3225 and ideally above 4.5k
I like the potential here, but I won’t be long if 1450 is not broken to the upside by sometime this year, especially if BTC will be above 90k
There is a clear 4-5x potential here, and I’m fine with holding this token till the 1400 zone exit at minimum.
BCH price eyes $350 with this retestRetest Phase of $260 Barrier Breakout: Bitcoin Cash (BCH) is currently in a retest phase following a breakout above the $260 barrier.
12% Jump Challenges $285 Resistance: A significant 12% increase this Sunday challenges the overhead resistance at $285.
Potential to Reach $309: Crossing $285 could propel BCH towards the $309 mark.
Ascending Triangle Breakout: Signals an ascending triangle breakout, indicating potential for uptrend continuation.
Market Momentum Gains: As the market gains momentum, BCH is positioned for a positive trajectory aiming for new 52-week highs.
Influence of Bitcoin’s Bull Run: BCH benefits from the momentum generated by Bitcoin's bull run in its halving year.
Current Trading Price: BCH is trading at $269.53, experiencing a 2.90% intraday fall which serves as a retest of the bullish breakout.
Technical Indicator - MACD: Shows bullish divergence, supporting the breakout rally's continuation.
Potential Surge Influenced by Bitcoin Halving: Anticipated to have a positive impact on BCH and other related coins.
Altcoin Season and BCH’s Performance: With an upcoming altcoin season, BCH has the potential to outperform Bitcoin and possibly reach or exceed $350.
Optimism for BCH to Break $300: The current patterns and market conditions support a strong potential for BCH to surpass the $300 mark soon.
BCHUSDT LONGset your alarm once price get there long from there to the current top of the range.
wait for the best opportunity !
BCH Price Eyes Triangle Breakout To Cross $300Bullish Revival in Ascending Triangle: Bitcoin Cash (BCH) exhibits a bullish revival within an ascending triangle pattern on the daily chart, indicating potential for upward movement.
Reclaiming the 50-Day EMA: BCH's price action has successfully reclaimed the 50-day EMA, suggesting a strengthening bullish momentum.
Potential Rise to $260 Barrier: The current uptrend signals a possible rise to the $260 resistance level.
Breakout Run Towards $300: A successful breakout above $260 could propel BCH towards the $300 mark.
Bitcoin's Influence on BCH: The recent surge in Bitcoin price, driven by miners' reluctance to sell, serves as a bullish catalyst for Bitcoin Cash.
Technical Superiority Over Bitcoin: Historically, BCH has shown to outperform Bitcoin in technical charts, highlighting its potential for significant gains.
Price Prediction Beyond $500: With increasing expectations for a bull run, BCH price might project beyond $500 in anticipation of market dynamics.
Current Trading Price: BCH is currently trading at $247.49, with a recent uptrend marked by a 1.19% intraday jump.
Technical Indicators Support Bullish Recovery: The RSI indicates a resurgence in bullish momentum, supporting the ongoing recovery.
Impact of Bitcoin Halving on BCH: The upcoming Bitcoin Halving event is expected to positively influence BCH, given their connection.
Altcoin Season Potential: The anticipated early arrival of the altcoin season could see BCH and other altcoins outperforming Bitcoin.
Risk of Retesting Support Trendline: Despite the bullish signals, there's still a risk that BCH might revert to retest the support trendline if faced with resistance.
BCH/USD Projections Point to Promising Upside PotentialHello Everyone,
The outlook for BCH/USD appears quite promising at this stage, with further upward potential anticipated.
TradeWithTheTrend3344
BCH - Volatility INCOMINGBCH has the tightest Bollinger bands on the daily and weekly, what do we know from Bollinger bands? we know that volatility comes at expansion.
Does it expand up or down? According to it's history, the direction is up however we remain cautions and react at given levels.
BCH/USD Upside: Sooner Than Expected!Hello Everyone,
Anticipate an earlier-than-expected upside for BCH/USD!
TradeWithTheTrend3344
BCHUSD is potentially poised for a substantial price upswingBINANCE:BCHUSD BCHUSD (W)
BHCUSD may have a strong price increase coming up. Waiting for confirmation of price and volume explosion!
Following the preceding abrupt surge in price accompanied by elevated volume, BCH has undergone a correction spanning over 30 weeks, characterized by diminishing volume and price consolidation. The signal from the MA20 line consistently aligns with the evolving price dynamics.
Is it plausible to anticipate the occurrence of High Volume, accompanied by a substantial surge in price amplitude within this digital currency?
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CRYPTO TRADER, BCHUSD : NEW HIGH ? 13🌟TRADINGI trade mainly FOREX and INDEX but I quite like CRYPTOS as well. I usually trade the most known and main CRYPTOS, like BCHUSD. I find this structure is one of the cleanest today, compared to ETHUSD and BTCUSD for wich we need to wait a bit.
Always keep in mind, MARKET do just as it want, and it can give BUY SETUP and suddenly DROP strong, especially in the CRYPTO WORLD ! So always take the trade if you can protect yourself from other scenarios (3 shown here).
I will probably give this move a try, and will keep you posted in this topic.
Good luck !
13 Starz Trading
BchTarget for very short term , end of correction time to move up, bullish div
Holdd
(This not an advice, dyorrr)
BCHUSDTF: D
BCH rejected at the $290 to $330 range back in June 2023. This area of rejection aligns with the VAL of the previous bear market. The pair has been consolidating for several months, for any further upside the pair needs to break and hold above VAL for further upside. On the downside if price fails at the VAL and breaks below ~$210, then price may retest the $125 to $135 range.
Harmonic hidden pivot points High yellow Volume zone. Up reversal on its way. Red square struggle zone within the volumes.
Looks like it might dip to $248.98 where the harmonic pivot starts or might breakout through the white wedge line. Harmonic pivots gives great depth in an uptrend pattern.
+320% 900 is likely if it breaks 312, 410 resistence.Final:2180We are currently experiencing a potential third wave! The current market capitalization is around $2 billion, with an all-time high (ATH) of $24 billion. Therefore, there is plenty of room for growth. The monthly Exponential Moving Average (EMA) is currently supporting the price, and it is within a very thin channel that is likely to break upwards to form a wave 5.
The price is currently in an ascending channel, which could result in an upward breakout or even a fakeout within a month to reach the final target. Possible rejection might occur at the 900 zones due to two strong resistances. The first is the all-time descending top resistance, which it has never broken, and the second is the previous bull market ascending channel's bottom support. Breaking this might require a decent correction or pullback, lasting at least a month.
For the short term, if 312 breaks, then 410, which is the average/middle resistence of the decending channel and finally 900 would be a good area to close the position, to wait for the pullback. This crypto market is currently driven by institutional investors. If they invest and the market capitalization reaches a new ATH, it could potentially increase by 12 times, reaching $2,900, which is slightly above the target of the wave 3 on a bigger scale.
On a macro scale, if 900 is the target for wave 5 and a pullback occurs, it should not go below 312 to maintain the Elliott Wave 2. This sets the stage for aiming higher in wave 3 with a macro-scale target of 2,180. From there, in the following months or even years, we can aim for a massive wave 5, potentially reaching 13,370. However, for now, in the coming months, the most likely targets are 900 and then 2,180.
As per patterns, cup and handle pattern confirmation, if it breaks the resistance of 312 which have the short term target of 550..
BCH ready to top out around $600this will happen very fast. the current charts scream big money manipulation. this is what they want and do. they will full send bch shortly and sale its narrative. this is how the game is played.
BCH Price Analysis: Breakout Rally Eyes $350 MarkChart Pattern: Bitcoin Cash displays a bullish breakout of an ascending triangle pattern in the daily chart.
Current Stand: BCH price successfully maintains above $260, heading towards the crucial $300 level.
Breakout Potential: A sustained move above $300 could escalate the price rally towards $350.
Market Catalyst: Boosted by the Bitcoin Spot ETF approvals and Bitcoin's approach to $50K.
Trading Volume Surge: A significant 117% spike in trading volume backs the current price surge.
Technical Indicators:
MACD: Exhibits a bullish crossover, indicating a potential trend reversal.
RSI: Approaching the overbought zone, signifying growing bullish momentum.
Price Momentum: BCH currently trades around $293, with recent jumps suggesting an ongoing bullish trend.
Market Sentiment: Strong bullish sentiment fueled by ETF approvals and Bitcoin's positive price action.
Key Resistances: The $300 mark stands as a pivotal resistance; breaking this could lead to a further climb.
External Factors: Bitcoin Halving and potential rate cuts in 2024 could further catalyze BCH's price growth.
Potential Growth: With bullish market dynamics, BCH aims for a significant upside towards the $350 level.
