BCH from a SMART MONEY point of viewAccording to the reviews we have had on the chart, we have determined the high and low liquidity pools.
The liquidity pools of the upper area have been swept and candles have hit SUPPLY. Now there are two TPs ahead of the price.
We have liquidity pools in the lower areas.
To achieve TP 2, it is necessary to break the range of TP 1. TP 2 range is a suitable place for buy/long positions
BCHUSDT trade ideas
it's time to going up for BCHUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
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if you want to enter in this position:
Enter Price:
Target1: 259.98
Target2: 264.51
Target3(Final Target): 268.14
Stoploss: 251.35
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Guy's if this idea was useful and it was intresting for you please follow for more
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BCH: Pullback in UptrendBitcoin Cash (BCH) technical analysis:
Trade setup : Price is in an uptrend. Following a bullish breakout from Sideways Channel ($218 – $260), above $260 resistance, price rallied 20% to $300, then pulled back to retest that breakout level. Now we wait for price to either 1) break back above $260 to signal continuation of uptrend, with +27% upside potential to $330, or 2) pull back near $200-220 support zone for another swing trade entry in Uptrend with +20% upside potential back to $260.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $200 (previous resistance), then $140 – $150. The nearest Resistance Zone is $260, then $330.
BCH @ $251 - Do You Think Its A Good Buy?When i looked at it i doubted if its a good buy.
BCH- stands for Bitcoin Cash BINANCE:BCHUSDT
Take a look at the chart and tell me what you think.
According to the CCI 8 - the price action is @ -33.74
This is a good buy indication for channel trading.
Here is what i see when i look at the chart.
To learn more rocket boost this content.
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It does not constitute financial advice, and trading always involves
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used. Before engaging in any trading activities, it is crucial to
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BCH Technical AnalysisSET:BCH is forming a asscending triangle that is bullish indication for it,
If you can take risk and can wait for few days it will be the best .
and also you have to manage the risk With stoploss. otherwise wait till breakout.
It didn't have breakout yet it is still in the accumlation it might take few before making the break out,
There are 2 more resistance above the triangle, if it break them then price could easily reach to 400$,
Bitcoin Cash still can riseHi everyone,
Bitcoin Cash is trading within a narrow price range between 220 and 265.
The price is consolidating at the moment and this is good sign for the bulls because at any time it can start pumping.
Also, note that, BCH is trading within rising channel and its price currently on the lower bound of the channel. All this indicating that price more likely will go up than down.
Bitcoin Cash looks bullish but traders should be careful at this point since if there will be strong price correction on Bitcoin then BCH price might follow and drop at least up to 200 price level.
Otherwise there is good chance that BCH might rise at least up to 265 resistance.
Please, do not forget to boost this idea & share it with your friends; thanks.
BCH: Sideways Channel BreakoutTrade setup : Bullish breakout from Sideways Channel ($218 - $260), above $260 resistance, signals resumption of uptrend, with upside to $330 next. Stop Loss (SL) at $250 (just below breakout level).
Pattern : Price was trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range – Buy near Support and Sell near Resistance.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $200 (previous resistance), then $140 - $150. The nearest Resistance Zone is $260, which it broke, then $330.
📈 Bitcoin Cash: Charting Familiar Patterns ( FRACTALS )🔄 Repetition of Behavioral Patterns:
Bitcoin Cash (BCH) has demonstrated a penchant for revisiting and replicating its past behavioral patterns, creating an intriguing narrative for traders and investors. Notably, it has a history of mirroring its own fractals and behaviors, offering insights into potential future movements.
📅 Historical Recap:
In a strikingly similar scenario, BCH engaged in a prolonged consolidation within a substantial range from June 2022 to July 2023. Following this period of range-bound trading, BCH experienced an impressive threefold surge. A noteworthy observation is the current market condition, where BCH has been navigating within a range for approximately six months.
📈 Parallel Situations:
Drawing parallels between the historical period of consolidation and the current market stance, BCH appears to be setting the stage for another notable move. The extended sideways movement often precedes a significant price action, and the historical precedent suggests the possibility of a substantial pump in the near future.
📉 Shakeout or Straight Pump:
While predicting market movements with absolute certainty is challenging, the upcoming developments for BCH could unfold in multiple ways. The potential scenarios include a shakeout, introducing volatility before a rally, or a straightforward pump as observed in previous cycles.
📊 Strategic Considerations:
For traders and investors, attentiveness to historical patterns and fractals can offer valuable insights into potential future movements. Strategically positioning oneself to capitalize on potential breakouts or shakeouts can be part of an informed trading strategy.
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CAN BCH NEW VOLUME GAIN $300?Thanks for reading this updat.
BCH seems to have a new volume what can get new confirmation in the coming peroids.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For day traders take always profits when market increase
#Expect noting from the markets, but follow what it shows.
BCHUSDT Supply Zone Break & Sustained Bullish PhaseSince June 2023, Bitcoin Cash experienced a significant shift from bearish to bullish sentiment following its breakout above the crucial supply zone. The subsequent re-test of this zone turned it into a support/demand area.
Notably, the most recent clean rejection at the 50% Fibonacci level during a yesterdays' dump underscores buyer interest at this price point. This supports the active bullish phase, increasing the probability of a continued long-term uptrend.
With attention drawn to two key resistance areas at $433 and $574, there's a potential upside of 110-175% for BCHUSDT in the coming month or two.
Bitcoin Cash(BCH): 200EMA Holding Strong!Coin has been bouncing for some time now from that 200EMA and also 100EMA, where the price is being pressed to go for a potential attempt to test that upper resistance zone.
If we continue the same movement, we will most likely see the price touch that upper resistance zone, where we want to see a nice rejection and a potential re-test of that 200 EMA.
BCH ANALYSIS (1D)According to the BCH chart, it looks like a flat pattern has ended with a terminal c.
Another bullish wave should emerge. The price targets are clear on the image.
Fixing a daily candle below the green range will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BCH ANALYSIS💥💥#BCH Analysis : Breakout 💸💸
🔮#BCH was testing a crucial key level at $230 and following a symmetrical triangle. Now we can see a perfect breakout here in #BCH. It indicates the start of an upward trend. 💲💲
👀Current Price: $265
🚀 Target Price: $390
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#BCH #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
BCH: Sideways ChannelTrade setup : Trends are mixed and price is trading in a Sideways Channel ($218 - $260). Swing Traders can trade the range – Enter near Support ($218) and Exit near Resistance ($260). Trend Traders ought to wait for a breakout in either direction. If it’s able to break above $260 resistance, it could resume its uptrend and revisit $330 level from July.
Pattern : Price is trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range – Buy near Support and Sell near Resistance.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $200 (previous resistance), then $140 - $150. The nearest Resistance Zone is $260, then $330.