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BCHUSD trade ideas

✴️ Bitcoin Cash Resumes Growing, This Means...We are now gauging the market strength using Bitcoin Cash which moved first. ✔️ Bitcoin Cash moved first and it took a while for the rest to follow and so we can expect the same. ✔️ Bitcoin Cash is moving again and the rest will follow... Allow a few days for the magic to happen. Everything will grow... It is already growing. Patience is key, hold strong. Make sure to have your targets and levels ready for when to buy, when to sell, when to rebuy back and forth, which pairs are the right one to go in spot and which ones are good for leverage and the ones for long-term hold. Invest time and energy into it, you will be happy with the results. Namaste.
CRYPTO:BCHUSDLong
by AlanSantana
Bitcoin Cash BCH Big Blocks vs LitecoinBitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. In November 2018, Bitcoin Cash split further into two cryptocurrencies: Bitcoin Cash and Bitcoin SV. The long term trend is negative, which leads me to conclude that it will be negative in the future also. On the near term I would suggest that BCH-LTC may reach a bottom and conduct a reversal rally into resistance levels so on the chart
KRAKEN:BCHUSD
by noam_chom
4
RISKY SCALPThe information I share on this platform is based on my personal opinion and experience, and should not be considered as financial advice. You are responsible for your own investment decisions and should always do your own research before making any trades. I do not guarantee the accuracy or validity of any data or analysis I provide. Please use your own judgement and caution when following any call or signal I post. #imo NOTE: 25% PROFITS AT EVERRY FIBONACCI RETRACEMENT LEVEL. USE ISOLATED (FOR CRYPTO EXCHANGE) USE CAPITAL RATIO (5 - 10 % OF YOUR CAPITAL) DONT FOMO (FEAR OF MISSING OUT) If you want to trade crypto successfully, you need to follow some basic rules. One of them is to use isolated margin for your trades. This means that you only risk a fixed amount of your capital for each trade, and you don't borrow more than you can afford to lose. This way, you can avoid liquidation and protect your account balance. Another rule is to trust the process. Trading is not a get-rich-quick scheme, but a long-term game that requires patience and discipline. You need to have a trading plan and stick to it, regardless of the market fluctuations. Don't let your emotions get the best of you and don't chase unrealistic profits. A third rule is to use capital ratio for your trades. This means that you divide your capital by 10 and use only one-tenth of it for each trade. This will help you diversify your portfolio and reduce your risk exposure. You can also adjust your position size according to the market conditions and your risk appetite. Finally, a fourth rule is to avoid FOMO (fear of missing out). This is a common psychological trap that makes traders enter or exit trades based on hype or panic, rather than logic or analysis. FOMO can lead to overtrading, poor decision making, and unnecessary losses. You need to be confident in your own strategy and not follow the crowd blindly. By following these four rules, you can improve your chances of success in crypto trading and enjoy the benefits of capital ratio.
BINANCE:BCHUSD.PLong
by BrunoBukason
BCHUSD-BUY strategyPersonally am not in favor of these asset classes. Reason simple, BCHUSD started arou8n $ 4,800 and collapsed, and then from around $ 200 it moved towards $ 1,800 snf then back down again $ 100 area, and now near $ 300 etc. You need very deep pockets to trade these no doubt. Technically, we corrected a little bit (not a lot) from $ 300 area to low $ 270. The 4-hourly seems basing, and we may see another run upwards to $ 310 I feel. Strategy is BUY @ $ 275 and take profit @ $ 300 for now. Stop-loss below $ 260 I think
COINBASE:BCHUSDLong
by peterbokma
BCHUSD-SELL strategyWell it's rare, but what a move from $ 100 area to reach $ 340 is in my book a little too rich. yes, read about the Koreans high volume that started with the EDX on the 21st June 2023. Just look at TULIP trade, and that paints a real story as well, if one likes history. From technical perspective 4-hourly has potential for re-visit of $ 340 area, but am not going long for something that triples in value just over some weeks. Very speculative move indeed, so instead: Strategy SELL around $ 320-330 when seen and take profit at a modest $ 245. Stops am not sure in such lofty heights.
COINBASE:BCHUSDShort
by peterbokma
The LTC/BCH Ratio Suggests BCH has Gone Too Far AheadBCH and LTC usually maintain a certain distance from each other, with LTC rising ahead over time. And now we have a situation in which BCH has risen very quickly and has begun to challenge that BCH/LTC relation. Now we have a situation in which BCH must either come down in a dramatic way or LTC must go up in order for the distance between the two to close again, and given the price action on the chart, I'm more inclined to believe that BCH will come back down towards the levels it was trading at a few weeks ago as the relative bullish volumes seem to be subsiding at the current level with some Bearish Divergence on both the MACD and RSI.
COINBASE:BCHUSDShort
by RizeSenpai