✅TS ❕ BCHUSD: up trend✅✅ BCH continues its upward movement.
Volatility has increased again.
I believe that BCH will continue to grow while consolidating above the support level. ✅
🚀 BUY scenario: long to 146.6. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
BCHUSDT trade ideas
BCHUSDT...dare for the third buy trade?BINANCE:BCHUSDT
BITCOIN CASH is going up and up and up.
making "HIGHER lOWS" on it's way up
made first trade
made second trade
now waiting the third to make...but what we need to focus on?
as per chart, BCH retraced to 50% FIB retracement, then went up.
PERSONALLY, i would wait till breakout the 0% Fib-channel so i buy the third trade
DISCLAIMER: don't be stupid and follow
#STOP_BEING_POOR
✴️ Bitcoin Cash | We Are Going Higher, All Of Us!Here is the chart that gives away the rest of the crypto-market... It comes in the form of Bitcoin Cash vs Tether (BCHUSDT).
I will go straight to the key!
Yesterday (still today in my timezone), 23-Jan., Bitcoin Cash hit a new high while bitcoin and Ethereum didn't hit a new high... And this reveals what we have been saying, better yet, it confirms what we are expecting.
Bitcoin is likely to go straight up to $25,000.
The fact that Bitcoin Cash is going ahead and hitting a new high works as confirmation.
What one does, the rest tends to follow.
Bitcoin Cash started to grow early January and picked up speed mid-January, around the 12-13 exactly when Mars went direct and bitcoin went ahead.
The retrace took place in the exact same date.
The retrace was stronger on BCHUSDT and I wondered, will they all move lower?
But the fact that the other altcoins and bitcoin remained strong within their retrace, gave me the signal that BCH would also continue straight up.
By the way, "no retrace", simply really strong bullish consolidation.
Bitcoin and Ethereum are just waiting for the rest of the altcoins market to catch up.
Giving some time for the altcoins vs bitcoin pairs (ALTSBTC) to recover within higher lows and some time for the altcoins vs tether pairs (ALTSUSDT) to push forward and so together we all grow.
The bears are not taking the market strength as a positive signal, well, it is a positive signal for them in the sense that the higher the market goes, the stronger their convictions becomes that prices are moving lower... But in reality we are only seeing up.
Bitcoin Cash has grown by 60% since November 9, 2022... Even if it went into a strong correction now, that kind of growth in just two months is still pretty good.
We are all patient and we understand...
We have to go step by step, it will take years of growth before we hit back the previous ATH...
But it will only take a few months after the old ATH is hit to hit new higher highs... And this will be epic...
We are happy buying at support, at the bottom, near multi-years low... If it keeps on going down, GREAT!, Buy more, more and more.
Think long-term.
If the whole market crashes, buy everything up and think long-term.
Namaste.
✅TS ❕ BCHUSD: broke up a channel✅✅ BCH is moving in an uptrend.
The price broke the descending channel.
Continued growth is possible. ✅
🚀 BUY scenario: long to 146.6. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✴️ Bitcoin Cash Major Breakout, Looks Good To Me!Here we are again with the same conditions as visited before in the Binance Coin and Cardano charts... Bullish consolidation.
I was sharing in the BNBUSDT article yesterday the fact that corrections tend to become felt in crypto.
Retraces can happen slowly which means that the current consolidation can turn into a retrace but as for corrections, they go down fast and strong as soon as a resistance level is hit.
This type of action we are seeing with Bitcoin Cash (BCHUSDT) kinds of breeds doubt and uncertainty... But, as shared in the BTC CME Futures GAPs article, Who's selling ?
Bitcoin Cash looks good...
After the break above EMA100, we have 6 days of consolidation. This consolidation is taking place above EMA10 and all the rest.
The RSI is super strong.
As long as the consolidation continues to be this strong, our bullish bias remains intact and we aim for the next target... $150 followed by $170 and so on.
You can read below to expand on this trade idea.
Three relevant articles mentioned are:
1) ✴️ Binance Coin | New Money Enters The Market, BULLS Confirmed!
2) 🅱️ BTC CME Futures GAPs Points To $35K, Who's Selling? | Go UP!
3) 🅱️ (₿) The Real Meaning Of A Bitcoin "Overbought" Daily RSI...
Thanks a lot for the support.
Namaste.
DINO Coins will OUTPREFORM BTC! (And no I don't like BCH)DINO Coins will OUTPREFORM BTC! (And no I don't like BCH but the Charts NEVER lie.)
Sitting above Daily 200 EMA with strong momentum still.
Euphoria is entering the market.
KEEP AN EYE ON DINOS!
This is the 3rd Example of 2x plays that can possibly play out by Mid FEB!
ENTRY:
100-125$ and HOLD
SL open or 25-30% of DCA Entry.
TP 1/8 50%
1/8 75%
1/2 100%
Remaining runner 150%
Signs why Below:
Buy above 4h 200 EMA
(With Smaller Bullish patterns)
Confirmed Breakout
(Look at RSI , Trendlines , Volume )
Look for catalyst News
(Anything that rehypes the shitcoin, or it's bluechip chain)
Buy SPOT ONLY and HODL!
Swing until 2x profit, or weakness. no SL but if needed a loss of 50% would be a SL
FIND THIS IN OTHER SHITCOINS AS WELL!
PLAY THEM ALL
BTW there is an order to this, I will not share it, you will need to DYOR.
but this is a prime example which will likely 2x by MID Feb
✴️ Bitcoin Cash Strong Breakout Is Only The BeginningA very strong breakout... Bitcoin Cash grew 30% in just 10 days... Here is the previous chart (2-Jan)
Looking at the weekly timeframe, this is only the beginning.
Last week BCHUSDT was still trading above EMA10, just this week it moved above this level, telling us that the bullish wave is just beginning.
EMA50 is sitting at 191 so we have a long way to go, up.
The next target is set at 150 for an additional 27% from the current price.
A peak for this wave can be hit at 189 for an additional 60%.
I say additional because we've been tracking this pair since it was at 100... Now we sit back, relax, watch and wait... With sell orders placed.
Namaste.
BCHUSDT | SETUPBCH has been trading in a bearish trend .
The bearish trend was well respected by falling resistance .
The price has been making lower lows and lower highs.
Now after taking support from horizontal zone, the price has broken above the falling resistance .
The bulls can take complete control above the falling resistance
Manage your levels accordingly.
Current waveIf the current wave can break through the previous ceiling area at $104.6, we can expect price growth to continue up to the ceiling of the main descending channel at $110.4. But if the price goes back below the $100 range due to selling pressure, a retest of the $95 support is likely. In general, in the daily time frame, we expect the range trend to continue.
BCHUSDT CRAB + ABCDCrab
The Crab Pattern is a volatile 5-point extension structure that was discovered by Scott Carney in 2000. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies between 0.382 and 0.618 and the PRZ consists of 3 converging harmonic levels: 1) 1.618 extension of the primary XA leg, 2) AB=CD pattern, either equivalent, 1.27 or 1.618 and 3) Extreme BC projection of 2.24, 2.618, 3.14 or 3.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. Common stop levels lie behind the next structure level after the D point or the 2.0 extension of XA. Conservative traders may look for additional confirmation. These patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool to visually identify 5-point reversal structures on a chart.
The ABCD is a basic harmonic pattern. All other patterns derive from it. The pattern consists of 3 price swings. The lines AB and CD are called “legs”, while the line BC is referred to as a correction or a retracement. AB and CD tend to have approximately the same size.
A bullish ABCD pattern follows a downtrend and means that a reversal to the upside is likely. A bearish ABCD pattern is formed after an uptrend and signals a potential bearish reversal at a certain level. The rules for trading bullish and bearish ABCD patterns are the same, you will just need to take into account the direction of the pattern you trade and the movement of the market it predicts.
Likes and comments if you have questions! 🍌
Thanks!