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BCHUSDT trade ideas

Bitcoin Cash BCH price now at the stage of correctionWe described in detail about such a project as Bitcoin Cash and our global vision of the CRYPTOCAP:BCH price movement in our previous idea, almost 2 years ago) Since then, the #BCHUSDT price has made a modest x9 Looking at the #BCHUSD chart now, it seems that 5 waves of growth have already passed, and now the A-B-C correction process is underway. Do we want to buy BCH in our investment portfolio - no But if we were told: here's your money, but only to buy BCH, then the limit buy order would be placed at a price not higher than $320 Interested in what will happen next? Like and write your own version of the events
Short
by P_S_trade
7
Breakout Alert: #BCHUSDT Poised for Major Bullish RallyYello, Paradisers! 🚀 Are you ready to catch the next big move in #BCHUSDT? We have been monitoring #BCH for a while and now is the best time to pay attention: 💎#BCHUSDT has broken free from its longstanding descending channel, signaling a potential upward trajectory. After navigating this channel for a considerable period, #BitcoinCash has successfully breached it. 💎50EMA and increasing trading volume is reinforcing this bullish momentum. The key resistance level at $403 has now turned into a crucial support. This support level is pivotal as it has been respected multiple times in the past. If #BCH maintains its momentum above $400, there's a high probability of a sharp upward move. 💎However, if the price descends below the $400 support level, the scenario changes. In this case, the probability leans towards a bullish rebound from the lower, formidable support at $346. 💎If this support also fails to provide the necessary push to the NYSE:BCH , there's a high probability of a rebound from the support at $310. 💎While some inexperienced traders might be tempted to short at this point, it's essential to maintain a broader perspective and wait for proper price action. A break below the $310 support will likely trigger a significant downward move, causing the price to drop further. Don't get caught in the noise; focus on the bigger picture and make informed decisions. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
BCH CHART UPDATE in 3-Day TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: BCH broke down below the crucial support trendline a couple of weeks ago, but it managed to hold support at $292.3. BCH responded with a nice rebound and is currently testing the $402 resistance (previous support trendline). If BCH is rejected from the current market price, we still have lower supports at the $292.3 and $220 levels to hold the price. A breakout above the trendline will likely be a good sign for BCH. - Primary Support: $292.3. - Lower Support: $220. - Resistance: $402. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
$BCH : Short or Long? I vote Short!!!!Bitcoin Cash was created as an alternative to the first and most valuable cryptocurrency — Bitcoin (BTC). In 2017, BCH developers modified the BTC code, releasing their software version and a full-fledged competitive product, which split Bitcoin into two blockchains: Bitcoin and Bitcoin Cash. Bitcoin Cash is a result of a hard fork in the blockchain due to differences in the community over Bitcoin scaling and the SegWit upgrade. Moreover, another hard fork, which divided Bitcoin Cash into two parts, Bitcoin ABC and Bitcoin SV, took place in the fall of 2018.
Short
by M2it2M
BCH: Oversold at SupportTrade setup : Trends are mixed but price remains above 200-day moving average, which keeps the long-term Uptrend alive. Price has pulled back to 200 SMA (support) and near $350 horizontal support, and also getting oversold (RSI ~ 30), which could be an attractive swing trade entry with +25% upside to $500. Stop Loss (SL) at $340. Pattern : Price is Oversold at Support . This trading strategy finds assets that are oversold (RSI < 30) and are near a support area, which means there's a high probability that price will bounce up near-term. Oversold conditions are typically reached when RSI hits 30 or less. Learn this trading strategy in Lesson 5. Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Neutral. Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $350.00, then $300.00. Nearest Resistance Zone is $400.00, then $530.00.
Long
by altFINS
Alikze »» BCH | Head and shoulders pattern scenario🔍 Technical analysis: Head and shoulders pattern scenario - It is moving in a medium-term ascending channel. - But now, due to the structural correction, it is moving in a short-term downward channel. - Currently, due to the breakdown of the structure and the downward slope, as well as the movement in a short-term downward channel, it can continue with the pullback to the broken structure and the supply zone to the origin of the correction movement. - Therefore, it can continue the correction with a retest up to the ceiling of the short-term descending channel and the supply area and complete the last leg up to the 250 range by breaking the major ceiling. 💎 Alternative scenario: if it can break the supply zone, the first target will be the $500 range, which can be considered as a pullback to the major ceiling. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze