BCHUSDT trade ideas
BCHUSDTHello Dear friends
Currently, the positive divergence of the RSI combined with the downtrend line on the daily time frame has strengthened the possibility of completing a bearish wedge pattern.
To form an upward trend similar to the drawn scenario, we have two conditions: the complete consumption of the $108.9 range and the maintenance of the $87 range.
If the previous price floor ($87) is consumed, the possibility of completing the descending corner pattern is weakened.
We would be happy to hear your comments
Bitcoin Cash USD - BCHUSDT IdeaBCHUSDT Idea | BCHUSD| Bitcoin Cash vs US Dollar | Bitcoin Cash vs USDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
BCH: BREAKOUT POSSIBLITYIn recent times, it appears that the trends in China have generated an increased interest in BCH. We will continue to monitor the future trends of BCH to determine if it has the potential to break out.
Depending on the perspective of the analysis, there is a possibility that BCH may experience a breakout in the coming time.
NEO and BCH are of the trend coins in china since the last HK trends.
✅TS ❕ BCHUSD: under the resistance✅✅ BCH is trading under the resistance level.
Volatility has increased.
I expect that the asset will start a reversal. ✅
🚀 SELL scenario: short to 134.5. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✴️ Bitcoin Cash Update | Bullish Or Bearish?What one does, the rest follows!
The Altcoins, they all move together and most of them, about 90%, have the same chart.
Within the 90% with the same chart the only difference is their timing. Some move first, others follow but end up drawing the same patterns.
Bitcoin Cash continues with its bullish consolidation, which is normal and at the same time great.
The longer the consolidation takes, the stronger the jump when the consolidation box breaks.
BCHUSDT is consolidating above MA200 while ETCUSDT is trading below, this makes no difference, they are both going to break up.
The one above MA200 will face less resistance though.
It will be exciting because the next up is the biggest one.
If you want to see additional information, the targets, support levels and so on, visit the 'Related Ideas' below... For all the "updates", I will list a few of the old ones.
Namaste.
BCH/USDT Possible Head&Shoulders Hey, guys ✌️
Next one we will be taking under radar the BCH coin. We spotted a nice pattern forming here on Daily chart where we are about to form the last part of that pattern "Right Shoulder."
There are two possibilities here: First one is where we form clean H&S pattern with that right shoulder. Second one (which is more realistic with current market state) is where by the end of tomorrow we will have just straight candle which will break that level at $120.
What do you think guys?
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.
✅TS ❕ BCHUSD: up trend✅✅ BCH has formed an ascending channel .
The price is fixed above the lower border of the channel.
I think that the asset will continue to grow. ✅
🚀 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 - 1H (04.02.2023)🟢 BCHUSDT
TF: 1H
Side: Long
TP 1: $138.66
TP 2: $139.60
TP 3: $140.54
Here we have a very clean chart. First we notice that my usual 38.2% fib level has already been tested, so next we target the 61.8% fib level.
$135.63 is a good support level currently. And I believe that it will provide enough power to launch towards my target of $140.54.
✅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...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