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Bitcoin Cash / TetherUS PERPETUAL CONTRACT

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BCHUSDT.P trade ideas

BCH at Bottom of Trading Range / Buy Low Sell High / DailyThe big picture of Bitcoin Cash is trading range phase. Best strategy in range markets is to buy low and sell high. Now we are near the bottom of daily trading range, and also bottom of bear broad channel ( 3nd pushed down ). So cheap price to buy currently. As long as we are above the daily bull trendline + Support Zone ( $405-$445 ), you can buy. Below this prices market will be bearish. Targets after breaking the bear dynamic trendline: 1) Touching the bear trendline ( Top of Channel ) 2) Resistance Zone ( $749-$773 ) Breaking this resistance and consolidate above this zone, then higher prices will be expected. **This is not an investment advice. Your capital might be at risk.** Give me your idea on comments... Good Luck...
Long
by AmirSoraya
BCHUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 700-800-900 after first target reached move ur stop to breakeven stop: under 460 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions.
Long
by trytofeelpositive
Loading #BitcoinCash #BCH It's a blood bath where everything is for sale. BCH didn't make a new ATH yet this cycle. Let's go fundamental first: 1) BCH has smart contract developed by an independent team 2) It is disliked due to its founder and being BTC fork, yet it continues to thrive behind the scenes among its loyalists. As for the technical aspect: 1) BCH has very high growing LONGS on BitFinex since the summer, and still so after this week's dip. 2) BCH continues to hover above its support drawn from Sep 2020 on the weekly chart. 3) BCH maintains the 40 RSI level on the daily, which is considered an untimely Long position entry in a bull run. 4) BCH is below the 0.236 Fib R level indicating an undervalued asset for accumulation 5) As per Ichimoku Cloud , BCH needs to close a daily candle above $640 for a leveraged long position. If and only if, my mid term target is $2400.
Long
by eBlockChain
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