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Bitcoin Cash / TetherUS

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BCHUSDT trade ideas

#BCH BCHUSDT the sleeping dinosaur #BitcoinCashAnother sleeping giant is Bitcoin Cash here. Let's go fundamental first: 1) BCH has smart contract developed by an independent team 2) It is disliked due to its founder and being BTC fork, yet it continues to thrive behind the scenes among its loyalists. As for the technical aspect: 1) BCH has very high growing LONGS on BitFinex since the summer. 2) BCH continues to hover above its support drawn from Sep 2020 on the weekly chart. 3) BCH maintains the 40 RSI level on the daily, which is considered an untimely Long position entry in a bull run. 4) BCH is below the 0.236 Fib R level indicating an undervalued asset for accumulation 5) As per Ichimoku Cloud, BCH needs to close a daily candle above $640 for a leveraged long position. If and only if, the first target would be $840. However FIB R levels indicate far much higher targets on a longer term. PS This analysis is provided as per the request of one of my followers. I hope you found the answers, you were seeking.
Long
by eBlockChain
5
WILL BITCOIN CASH BREAK OUT!! MASSIVE GAINS AHEAD FOR ALTS!!Bitcoin cash has been within an ascending triangle since the may high and i have been paying close attention to the behaviour on the charts. I have key areas on the chart and BCH/USD has been reacting just as i expected! Using the volume profile tool i measured within the triangle and have them marked out on the chart as POC (point of control) , VAH (value area high) VAL (value area low), as you see on the chart with this abc correction BCH/USD had a nice bounce from the VAL, and also confluence of the trendline from the bottom of the ascending triangle! I will be now waiting for a reaction in and around the yellow line area on the chart potentailly for the top of a new wave one, i will then draw my fibs from swing high to low and look to add to my current position, by laddering my limit orders from the 0.618, 0.5 and the 0.382, with a stop loss under the swing low/VAL! As you can see on the 4 hour RSI we have broken resistance, which usually means a new impulse wave.. Is this a new wave one ? I will be following up with more alt coins so give me a follow, the alt market is starting ladies and gents, lets make maximum profits from this massive run up thats coming !!!!
Long
by LONDON_XRP
BCHUSDT - possible 37% up BCH in a rising channel currently searching for a weekly higher low. Al lot of coins are searching for a weekly higher low, i think next week will be bullish. Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes 🤖🤖. I think once I have around 20 likes/idea my idea will be shown in front 🥳🥳. It would be awesome if you could like my idea, (only if you really like it of course) 🤪! I believe that the more we can interact with each other, and share thought about an idea, the more we can learn! 👩‍🏫🧑🏾‍🏫👨🏻‍🏫 Furthermore, I made a challenge for myself, I will add 1 idea for every new follower🦹‍♀️ So if I have 1 follower each day, I will add 1 idea. If I have 10 followers, I will add 10 🏌️‍♂️ It’s fun for me and you! More followers = more ideas = powerful community! 💪💪💪 Besides, all the ideas are … FREE 🥳🥳🥳 ⚠️⚠️ If you want to know how my previous ideas played out, > push the play button on my previous ideas and check it out 🕵️🕵️ Is there a ticker you want me to look into? Let me know in the comments below ⬇️⬇️⬇️
by CryptoColugo
Next coin to Pump Which Cryptocurrency Is Set To Explode? So now that you’re ready to start buying cryptocurrency, the question is: Which crypto will bring the biggest potential return? Although Bitcoin might be the obvious choice, it’s not necessarily the best one in 2021. Your chances of having a big payoff might be better with a smaller coin that hasn’t already been pumped up by institutional investors, the way Bitcoin has. Here are six cryptos that still have a high ceiling. 1. Ethereum (ETH) Ethereum, commonly known as Ether, is the world’s second-largest cryptocurrency behind Bitcoin. Over the summer it instituted a major upgrade that included reducing the supply of Ether. The upgrade also will allow the Ethereum network to handle more transactions per second, improve the platform’s scalability and lower transaction fees. Because the upgrade will occur before the end of 2021, Ether holds considerable upside. 2. Binance Coin (BNB) Binance is one of the most successful crypto exchanges in terms of trading volumes. Like Bitcoin, Binance Coin keeps a hard limit on the number of tokens in circulation — in its case, 200 million BNB tokens. This has helped the token price increase exponentially in 2021. In addition, Binance puts about one-fifth of its profits each quarter into getting rid of or “burning” BNB tokens, which raises the value of the remaining tokens. 4. Tether (USDT) Tether is a type of “stablecoin” designed to provide a less volatile alternative to Bitcoin because it is linked to another asset. In Tether’s case, that asset is the U.S. dollar. In valuation terms, Tether has a 1-to-1 ratio with the dollar, meaning it is less speculative than cryptos such as Bitcoin and Ethereum. The big advantage of Tether is that it lets you make transactions in traditional currencies rather than having to dive into complex digital currencies. 5. Monero (XMR) One reason Monero might be a good bet is that it’s designed to keep users anonymous through ring signatures and stealth addresses. This helps hide the identities of both the sender and the receiver. The feature isn’t for everyone, but it is popular with many crypto investors who prefer to remain anonymous and has helped push Monero’s price higher in 2021 6. Algorand (ALGO) ALGO, founded by noted computer scientist Silvio Micali, has positioned itself as a competitor to Ethereum. It got a huge lift this year when El Salvador said it would establish its blockchain infrastructure using Algorand. One of ALGO’s biggest advantages is its “proof-of-stake” algorithm, which requires less electricity than Bitcoin and other platforms. This feature will only grow in importance as cryptocurrencies face more criticism — and possible regulation — for their massive energy consumption.
by Sarahflynn3344