BCH now or never?
Is it going to be a dead cat bounce or vertical bull run to ATH? Hopefully the latter - looking at strong trendline support and a triangle BCH needs to breakout or break down. Judging by general market sentiment and quite long accumulation phase where BCH visited 0.764 and 0.618 fib retracement levels after August bull run it has healthy foundations to grow.
BCHUSDT trade ideas
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.
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BCH Long Setup #BCH
BCH formed channel, rejected from the top now retracing to 0.5 fib, time to take long position, also other confirmation is to long is the volume accumulation setup on the same area of Fib Golden Zone.
1. Channel uptrend the price rejected.
2. Price trace the bottom of the channel
3. Retracement to the Golden Ratio of Fib
4. Volume accumulation POC on the same level of Golden Fib.
Good luck
BTC# 167jYveoC55anyaBz2vFrk8aU7SUmi6r27
Bitcoin Cash - Higher Timeframe Overview Bitcoin Cash has been showing clear price action indicating what's next.
We recently had a massive move down after a double top and now we are in an ascending correction. We retested the 78.6 fibonacci and rejected it.
We could trade within the ascending channel back to the highs. If we do break the ascending channel, we could make our ways back to the 400 level.
Long 🟢 Descending Wedge on BCHUSDT (Bullish)Deep AI detected Descending Wedge.
Descending Wedge is a bullish pattern.
Its Target Price is the top white box.
Pseudo-quantum algorithms show possible upside.
AI's ethical hacking module says:
BTC's upgrade (Taproot) is vulnerable.
Many whales will choose the "classic" version.
At least until the community proves their defense.
🚀 We think you can send this altcoin.
BCHUSDT shortAfter breaking the SL, I waited for a new short spot to be designated. The market in the higher interval is up, now we have a correction of this move. I have designated the place, I am waiting for the price to return to the short zone and for a signal from the market to open a position.
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.
BCH Breakout ✅ Done, it has potential to give us 10x profits!!Technical analysis: #BitcoinCash (Daily update)
. Symmetrical Triangle Upside Breakout ✅
. BChUSDT is breakout confirmation done as well as trading above the both MA's (21 & 50-
Day MA), and the beginning of parabolic uptrend is expected.
. The RSI is also TRYING to breakout its downtrend, if it could happen which give momentum bch from here.
Take Profits:
TP1= @ $1000
TP2= @ $1621
TP3= @ $2650
TP4= @ $3166 and then it could really more then $4000
SL= below 500 usdt on daily closed bases
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$LTC $LINK $BCH Interesting setupfrom first look to chart, you can notice that all of them have the same C&H pattern LTC breakout and LINK just did, and BCH on the waitlist, something worth considering.
The previous idea for LTC!
The previous idea for LINK!
maybe worth it to add this coin to your Watchlist. 👀
(Share it with your friends)
Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, borrowing, and lending, etc.
This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to make your own research and follow risk management.
The Cryptocurrency market is very volatile and involves gains and losses, so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort so it subject to success or failure.
Good luck to All.
🙏we ask Allah reconcile and repay🙏