BCH/USDT Analysis#BCH/USDT Analysis
NYSE:BCH holding strong after recent correction๐
BCH has maintained its macro higher low, showing resilience and building a solid base for a reversal.
Exciting Rumors Buzzing! ๐
Rumors suggest a potential BCH x PayPal partnership to introduce crypto-friendly global payments ๐.
Every PayPal crypto transaction could integrate BCH, increasing its utility and adoption massively.
BCHUSDT.P trade ideas
BCHUSDT, 10% further downside Bchusdt seems to have a strong bearish pressure, futrher downside is expect from it's current price level of up to 10%, and if that level doens not hold, we may see more downside as the new year rolls in. trade with proper risk management, the market will always be there, and there will always be a better next trade.
Bitcoin cash ( BCH)Bch usdt Daily analysis
Time frame 4hours
Risk rewards ratio >1.9๐๐๐๐
Elliot analysis ๐
Based on the evidence, I believe that Bitcoin cash could be one of the flagships altcoin in the alt season.
Bitcoin cash has completed its corrective trend in 3 Elliott waves and is now ready to start its uptrend and create its Elliott impulse wave.
I placed my LS below the support area so as not to be surprised by the stop hunters.๐
BCH Gearing Up: Ready to Sprint Higher?Bitcoin Cash BCH is pushing from $526 zone.
1. A strong push above $577.2 (Dashed Green Projection) could be the green light for bulls to charge toward the next target at $649. Thatโs where BCH could really start to shine for those banking on upside momentum (Solid Green Projection).
2. However, if $526 doesnโt hold the line, things might start looking dicey. A drop toward the support at $454.4 could signal a bearish short-term shift, and traders might need to buckle up and be ready to DCA (Red Projection).
In short: $526 is the battlefield and it is good to see BCH is pushing away from it. A breakout or breakdown will set the tone for BCHโs next adventure. Bulls have $649 in their sights, while bears are eyeing $454.4. Whoโs got the stronger hand? Stay tuned!
bch bitcoin cash bchusdt"๐ Welcome to Golden Candle! ๐
We're a team of ๐ passionate traders ๐ who love sharing our ๐ technical analysis insights ๐ with the TradingView community. ๐
Our goal is to provide ๐ก valuable perspectives ๐ก on market trends and patterns, but ๐ซ please note that our analyses are not intended as buy or sell recommendations. ๐ซ
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bitcoin cash technical analyze "๐ Welcome to Golden Candle! ๐
We're a team of ๐ passionate traders ๐ who love sharing our ๐ technical analysis insights ๐ with the TradingView community. ๐
Our goal is to provide ๐ก valuable perspectives ๐ก on market trends and patterns, but ๐ซ please note that our analyses are not intended as buy or sell recommendations. ๐ซ
Instead, they reflect our own ๐ญ personal attitudes and thoughts. ๐ญ
Follow along and ๐ learn ๐ from our analyses! ๐๐ก"
Ridiculous capitulation, nice 3 drives, hi vol and RSI OS alertRidiculous capitulation, nice 3 drives, hi vol and RSI OS alert
nice 3 drives, hi vol and RSI OS alert,
HiLoCh indicator on 30m TF
1. 3 drives down from the break
2. High vol and b Vol profile on the candle.
3. - had a double event, unusual but should have been safe if waited for the close above the main body of the profile.
got the alerts, waited for the close above the profile, trade with good positon sizing and stop losses.
BCH is a rocketFrom where we placed the green arrow on the chart, the correction of BCH is over and the diamond diametric pattern has started.
Now it seems that BCH is going to start wave E of this diametric.
It can go up while maintaining the green range.
The target is the red box, actually the target can be higher but the red box is an important supply
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trading opportunity for BCHUSDTBased on technical factors there is a Buy position in :
๐ BCHUSDT
๐ต Buy Now
๐ชซStop loss 485.00
๐Target 1 565.00
๐Target 2 625.00
๐Target 3 699.00
๐ธRISK : 1%
We hope it is profitable for you โค๏ธ
Please support our activity with your likes๐ and comments๐
Bullish RectangleThis model is considered continuous.
When the price moves sideways, we draw support and resistance and wait for the price to break through the resistance and then retest it
We enter buy after retesting.
We measure the target from support to resistance.
Stop loss under an important support or candle
BCH Impulsive Wave
After wrapping up blue 5 / black C from my previous analysis, it seems that we have a bottom in place and a new impulsive wave is underway.
Blue 2 happened as a flat correction (green abc), and blue 3 should be in its final stages.
There is a solid support zone around 450, which could be an interesting level to look for longs in the blue 4 pullback.
Also note that blue 3 is an extended wave (over 250% of wave 1), so statistically we would expect blue 5 to not go much further high.
Bchusdt will come back to its high lvl againYou can notice the low volume on the last correction from the last high in march
Still the trend is weak because it made only 23% correction from the big top in 2021 but as long as it closed a daily candle above it means that we can join the trend and our SL can be close one daily candle below it
The rest notifications are drawn on the chart