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BCHUSD trade ideas

BCHUSD PRICE PREDICTION -SUPPORT AND RESISTANCE -SIDEWAYS MARKETBCHUSD is not currently following any trend showing the market is currently moving in sideways direction. Support and Resistance concept comes into play in such scenarios. As Support and Resistance are meant to be broken so I have placed Sell Stop and Buy Stop orders at the breakout of support and resistance levels respectively. Sometimes, market crosses first Support and Resistance level and then move back so I have used breakout of 2nd Support and Resistance levels as my possible entry points. TRADE PLAN: REWARD: 2% { (TRADE 1 (Sell Stop) : 42 : approx USD 89.91 (REWARD), (TRADE 2 (Buy Stop) : 41.1 : approx USD 89.91 REWARD) } RISK: 2% { (TRADE 1 (Sell Stop) : 42 : approx USD 89.91 (RISK), (TRADE 2 (Buy Stop) : 41.1 : approx USD 89.91 RISK) }
COINBASE:BCHUSD
by faizannisar0
BCHUSD | Wave projection | Doubled Bull Flag Move +50%Wave Analysis with price and chart pattern > A possible ABC motive wave bullish scenario with a doubled bull flag pattern support, the price currently within the second bull flag local pattern. > This doubled bull flag is forming a major inverted head & shoulders reversal pattern. > Medium term target @ upper rising channel resistance for bull flag pattern + 50% upside > Pullback Entry at the rising channel support liquidity swing zone with potential false breakdown area. Always trade with affordable risk and respect your stoploss! Good Luck
COINBASE:BCHUSDLong
by dukeposh
2
I like to keep it Long, simple and boring. BCH On the last Cicle I was able to get in on BCH at HKEX:80 EVEN THOUGH every single influencer and youtube were betting against it. The Token KILLED it wtih 1500% gains. I know everyone wants 5,000,0000 % returns and if not then the token isnt work it. Blackrock Stated the like open source, decentralized and permissionless tokens and CHATGPT gave me the top 10 (BCH within them): Bitcoin (BTC): Bitcoin is the first and most well-known cryptocurrency. It is completely decentralized and operates on an open-source protocol. Anyone can participate in the Bitcoin network without needing permission from any central authority. Ethereum (ETH): Ethereum is a decentralized platform that enables the creation of decentralized applications (dApps) and smart contracts. It is also open-source and permissionless, allowing anyone to build on top of the Ethereum network. Litecoin (LTC): Litecoin is a peer-to-peer cryptocurrency that is based on the Bitcoin protocol. It is also open source and decentralized, with no central authority controlling the network. Dogecoin (DOGE): Dogecoin is a cryptocurrency that was created as a joke, but has gained a significant following. It is open-source, decentralized, and operates on a proof-of-work consensus algorithm. Monero (XMR): Monero is a privacy-focused cryptocurrency that is designed to be completely anonymous. It is open source and decentralized, with no central authority controlling the network. Bitcoin Cash (BCH): Bitcoin Cash is a fork of Bitcoin that was created to address some of the scalability issues of the original Bitcoin network. Like Bitcoin, it is completely decentralized and operates on an open-source protocol. Cardano (ADA): Cardano is a third-generation blockchain platform that aims to provide a more secure and scalable infrastructure for decentralized applications. It is also open source and decentralized, allowing anyone to participate in the network. Stellar (XLM): Stellar is a decentralized platform that enables the exchange of digital assets and cross-border payments. It is open source and permissionless, allowing anyone to use the network to send and receive funds. Dash (DASH): Dash is a cryptocurrency that is designed to be fast and efficient. It uses a two-tier network that allows for instant transactions and also provides additional features like private transactions. It is open source and decentralized, with no central authority controlling the network. Zcash (ZEC): Zcash is a privacy-focused cryptocurrency that uses zero-knowledge proofs to ensure the privacy of transactions. It is open source and decentralized, with no central authority controlling the network.
COINBASE:BCHUSDLong
by COCKSUCKERS
Bitcoin Cash levelsHere's Bitcoin Cash levels on a 5x split frame 1 week, 1 day, 4hr, 1hr & 15min, charts layout. Since the Silvergate Capital bank (SI) fallout on March 2nd, crypto has been under selling pressure. This can be a temporary short opportunity or become a longer-term long entry. We will have to wait to see how things unfold. It's important to keep an eye on the 1 day and 4-hour chart levels specifically for now. The numbers that stand out to me is $119 as a strong support and $138 as a strong resistance currently. BCH/USD may very well consolidate in that range for some time if there's no further break down. 1day chart BBMC: Top = 171 R4 = 164 R3 = 158 R2 = 152 R1 = 145 VWMA13 = 138 S1 = 131 S2 = 125 S3 = 119 S4 = 113 Bottom = 106 4hr chart BBMC: Top = 139 R4 = 137 R3 = 134 R2 = 132 R1 = 129 VWMA13 = 127 S1 = 124 S2 = 121 S3 = 119 S4 = 117 Bottom = 114
COINBASE:BCHUSD
by Options360
3