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BCHUSDT trade ideas

Analysis of BCHUSDTSeems like It's inevitable to test 260 again now. As we can see in the chart, the market keeps heading down and we barely see buying power. A big reason for the market fall should be the recent tension between Russia& Ukraine. Global stock indexes and U.S. futures fell. Futures on the Nasdaq-100 index stood 2.1% lower, while those for the S&P 500 dropped 1.4%, therefore cryptocurrencies come under pressure too. Yesterday was Presidents Day and this sell-up happened in the morning. In the near future, cryptos price would also be highly related to the political situation while the situation remains still unclear, the market is unlikely to have a positive turn.
by Blitz_analysis
BCHUSDT Analysis (perspective a couple of months)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 350 - 450 - 550 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
BCH- Trend update (LONG)Hello trading friends, This is a daily update for BCH with the trend expected for a long. BCH looks slowly coming back into trend. and the question is this the bottom? We know BCH as a coin that gets traded by the Asia market as most. - and it has its own long-term holders, where the dollar cost average places on it. It's always good to wait for confirmations and to buy into the red. Interesting levels for uptrend are 400 USD, and for long term 500 USD +. Let's see how this coin will affect the coming time, and or BCH bottom is here. Most of the coins waiting for BTC - so it's important also to follow BTC trends - and price changes take also time. At all times manage your risk well and have a great day. If you like this idea - leave a like and follow - Thank you This is not a trading call.
Long
by watchtrend
BItcoin Cash Midterm Analysis📊 BCHUSDT (Bitcoin Cash ) 💹 Time Frame: Daily (Update) ➖➖➖➖➖➖➖➖ 🟡 BCH is now trading near the S/R area of 350$. BCH has already broken the trend line and holding it well. You can build your position in BCH near the 370$ _ 400$ area but . The first resistance is $620 area and the major resistance is $700-$720 area. The next good support is 260$_ 300$ area. ⚠ Use proper stops in trades as the market may become Volatilein the coming days. 💎 This analysis will be updated Amir Hossein 📅 02.11.2022 ⚠️ (DYOR)
Short
by Trader_Needs
2
BCHUSDT Market AnalysisFrom the 4 hours chart we do found a valid double top, also there's a divergence after getting a red candle. Looking on the RSI, our first top was in the overbought scenario and our divergence does exists, with that being the case, as you can see market crashed after getting that double top at a major level of resistance. Also we need to find next potential level that could be a buy points where we can use the contrast of double top which is double bottom pattern. Now we are expecting the price heading back to 270 while with some small swings in the middle when forming that.
by Blitz_analysis