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BCHUSDT trade ideas

Bitcoin Cash Lags Behind But Not For 10X Long (85% Possible)We are seeing how Bitcoin Cash (BCHUSDT) is lagging behind some other altcoins but we believe this won't continue to be true for long. The early/mid November shake-out has been completed and what follows is a bullish jump. Today BCH moves above EMA10 after multiple days of consolidation. The RSI is still weak but the short-term bias is pointing up. The easy target is set at 20% or $133. The next target on a higher high is $208. We are active with 10X on this one. You can find more high-risk lev. trades in the "Related Ideas" below. Thank you for reading. Namaste.
Long
by MasterAnanda
3
Bitcoin Cash | Not Ready, Not yet; Potential For LowerYesterday Bitcoin Cash (BCHUSDT) tried and failed to move above EMA10 and EMA21. We see this rejection coupled with high bear volume. Today we are seeing prices growing below EMA10; bearish growth. This is bad news as EMA10 is our main indicator to gauge the short-term potential of any cryptocurrency trading pair. We can also see EMA50 or $110 as a strong barrier, this is the level to break for positive CHANGE. Any trading below $104 and we can expect lower prices... Targets: $95 is possible but even $80 is on the cards and lower... Let's wait for the bottom! After we hit bottom, we definitely will have long-term growth... That's the meaning of bottom, it can't go lower and this will be set in the next few weeks, maximum a few months. See the related trade ideas for more. Remember, I am always grateful for your continued support. Namaste.
Short
by MasterAnanda
2
#BCH/USDT 4Hr UPDATE Hello, welcome to this BCH/USDT 4Hr chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Bitcoin cash (BCH) raced to a one-week high on Wednesday, despite cryptocurrency markets mostly trading lower. Following a low of $103.09 on Tuesday, BCH/USD surged to an intraday peak of $109.09 earlier in today’s session. The move saw BCH hit its highest point since November 8, when the token was trading close to a high of $120.00. As can be seen from the chart above, today’s high saw bitcoin cash move closer to a key resistance level of $110.00. The 14-day relative strength index (RSI) also rose higher, with the index breaking out of a ceiling of its own. Currently, the index is tracking at 46.52, which is above the aforementioned ceiling of 45.00. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1