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Bitcoin Cash / TetherUS PERPETUAL CONTRACT

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BCHUSDT.P trade ideas

Bitcoin Cash on the riseHi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash reached upper bound of 200-220 resistance area on the news that Grayscale won case against SEC. This didn't last long though. Basically on the next day all optimism gone from the markets and price started to plunge again. Unlike Bitcoin, which returned to 26k, Bitcoin Cash stayed within resistance area and didn't plunge under 200 price level. This is good news for Bitcoin Cash since if there will be some correction on Bitcoin then BCH price can rise up to 230-240 levels. But in mid-term I don't expect that Bitcoin Cash will rise much higher than 240 price and most likely it will continue to plunge. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
by Real_CryptoRoy
11
BCH: Channel Down BreakoutBitcoin Cash (BCH) technical analysis: Trade setup : Bullish breakout from Channel Down pattern and above $200 resistance, with big volumes, could signal that the price is finished with consolidation, the supply from sellers has been finally fully absorbed and price can resume its long-term uptrend. Price could revisit $250 resistance. Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend on Short-Term basis and Neutral on Medium- and Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $140 – $150. The nearest Resistance Zone is $200, which it broke, then $250 and $330.
Long
by altFINS
BCH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BCH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Another big mover on Monday was Bitcoin Cash (BCH), which surged by as much as 5% in today’s session. Following a low of 205.78 on Sunday, BCH/USD rallied to an intraday high of 221.88 to start the week. bitcoin cash briefly broke out of a ceiling at 222.00, hitting a three-week high in the process. This surge has pushed price strength to a collision with a resistance level of its own, at the 60.00 mark. The index is tracking marginally above this point at 61.44, which is the highest area it has hit since July. Should it continue to move past the aforementioned ceiling, there is a chance that BCH will be near 240.00 in the coming days. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BCH Buy Trade Here is My Study On BCH Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Long
by MoonTradingForecast
BCH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BCH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin cash (BCH) rose by as much as 6% on Tuesday, as bulls returned to the market following recent declines in price. After falling to a low of 181.38 to start the week, BCH/USD raced to a peak of 198.93 earlier in the day. This rally saw bitcoin cash snap a four-day losing streak, which pushed the price close to a support level of 180.00. it appears that this was the trigger bulls needed in order to return to the market. The 14-day relative strength index (RSI) also bounced at its own floor at the 35.00 mark and is now tracking at 37.58. Should today’s momentum extend through the rest of the week, there is a good chance that BCH will rise towards a critical resistance level of 220.00. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
✴️ Bitcoin Cash Support Confirmed, Next Target 150% At ...We have a perfect correction here based on classic numbers and patterns. Bitcoin Cash went down after a major bullish wave and bounced perfectly off the 0.618 Fib. retracement level. It actually wicked below this level but the candles all closed above it. This is supported by low volume on the drop and now the indicators going bullish. We also have a flag which are all strong, classic, bullish signal. This is textbook stuff. Going by the books, let's project the next target for this bullish wave that is just getting started... First, let me say that more good news are coming to the market based on what I am seeing right now. For this target to hit, it means that we will see something big. Anyway, $559 is the next target based on the Fib. extension tool. That's a 150% potential from the current price. If we count from 10-June low to the next potential target, we are looking at a total of 516% or 5X. Sounds like normal Crypto to me, I wouldn't be surprised to see this happening. Now, looking at these numbers, I can tell where all the other Altcoins will stop next. Make sure to follow, as I will share all the targets for all the top Altcoins. Thanks a lot for your continued support. Bitcoin will grow as well and most likely beyond $40K. Namaste.
Long
by MasterAnanda
BCH/USDT Ready For 18%? Hey traders👋 BCH coin has a potential for bullish movement of 18%. It is early to say here but with more confirmations we see a great potential for this scenario to happen here! What we want to see is the closing price of next daily candle or breakout from 20EMA zone which is also marked as a middle line of BB indicator! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long
by SwallowAcademy
BCH/USDT is Ready For Bullish Rally | Bitcoin Cash Analysis💎Yello Paradisers! Get ready for an exhilarating journey with BCHUSDT. Right now, it's comfortably positioned in a demand zone, hinting at a potential bullish surge. 💎Currently, BCH is holding onto a crucial support level, moving within a specified boundary. A bearish order block has posed some challenges within this territory. 💎The momentum seems to be building, and there's a strong chance the price will break through the order block, aiming for the above supply zone. 💎However, if the bears take control and the price drops beneath the support, it might pave the way for a prime shorting scenario. 💎Stay tuned for more strategic trading insights from us! 🌴
Long
by MyCryptoParadise_Simon
BCH Buy Trade.Here is My Study On BCH. Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Long
by MoonTradingForecast