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Bitcoin Cash / TetherUS

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BCHUSDT trade ideas

Bitcoin CashHello to dear traders, Digital currency Bitcoin Cash This digital currency, like its competitors, has also started to correct its chart. The best selling price comes after accumulating liquidity. Its probable target is the daily order block extremum. A unique selling deal could be our share. However, our main goal is another profitable order block. A unique purchase is repeated, but this time more profitable. And the next target is the main chart ceiling. # Smart money concept # Liquidity # Hunter
Short
by fereydoon1199
📊#BCH has the opportunity to form a double bottom structure📈🧠We started the correction after completing the daily level target. At present, the price has returned to the buying zone and obtained good support, and has the opportunity to form a double bottom structure. The target zone can focus on 611-663, and there is a chance to break through the short defense point.🙏🎯 ➡️If it breaks through successfully, it means that the space above is opened and huge upside potential will appear.🚀🌕 ⚠️Don’t forget risk management💯 ✔️Trade safe✔️ 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
🔄💱 BCH Trade Plan! 💱🔄📊 Analysis: Support Retracement: Bitcoin Cash (BCH) has undergone two substantial upward waves, followed by a retracement to a key support area. Entry Range: Consider entering the trade around $500, aligning with the current support level. Profit Targets: Aim for profits at $630 or $750, potential resistance levels. Risk Management: Set a stop-loss based on daily closing prices, just below $445, to mitigate potential losses. 📈 Trading Strategy: Entry: Initiate a long position near the identified support level of $500. Targets: Take profits at the specified resistance levels of $630 or $750. Risk Control: Implement the provided stop-loss to manage downside risk, ensuring capital preservation. 🚨 Note: Stay informed and adapt your strategy as market dynamics evolve! 📊🔍 #BCH #TradingPlan #CryptoAnalysis 🌟📈
Long
by Richtv_official
LONG #BCHUSDT Target $540LONG #BCHUSDT from $516 stop loss $501 15m TF. The instrument is locally located sideways, the price has managed to gain a foothold over the previous previously broken sideways long, formed an excellent cascade for continued growth, which continues to maintain unrealized liquidity, trading volumes have fallen noticeably, I expect to see an increase in buyer activity and continued growth in the breakdown of the cascade with the potential to move to the 540 mark where the seller's area of interest is located
Long
by CScalp_EN
BCH/USDT it shows bounce from this level and potential upward!💎 Paradisers, the recent market dynamics surrounding #BCH have indeed been noteworthy. With a bounce from the demand area, there's momentum for BCH to continue its upward movement. 💎 A valid bounce from this area could signal a return to upward momentum, potentially leading to a back test of our target strong resistance area. 💎 However, if BCH fails to bounce from the demand area and instead breaks below it, this could signify a negative momentum shift, leading to continued downward movement towards the support area. 💎 BCH must bounce from the support area and reclaim price above the demand if it intends to sustain its upward movement. Failure to do so, with a breakdown below the support, could lead to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
BCH/USDT Trading ScenarioAfter a successful accumulation phase, BCH experienced significant growth in June 2023, rising from $90.6 to $330.1, representing an increase of over 267%. This was followed by a new accumulation phase, with the subsequent resumption of an upward trend. BCH has reached the trendline twice, which serves as support. The volume profile confirms the stability of the current upward movement, as market participants continue to move up along the trend. Currently, the BCH’s price has decreased by more than 40% from its last peak. The POC level could represent an attractive entry point. However, the possibility of continued decline towards the trendline should also be considered, where maintaining the trend may offer even more beneficial entry points for the BCH purchase.
by Rick_SimpleSwap
SHORT #BCHUSDTSHORT #BCHUSDT from $466.32 15m TF. The instrument has formed a descending structure in the form of a triangle, lowering the passing volume and price highs along the trend line, which indicates the weakness of buyers and the strength of sellers. The price is being squeezed towards a cluster of support levels with several touches, behind which unrealized liquidity has accumulated. I will consider trading near the cascade and an impulse breakdown on the activity in the glass.
Short
by CScalp_EN
Bitcoin Cash may test 657 before moving lowerBitcoin Cash may test 657 before moving lower Yesterday Bitcoin Cash broke out from a strong support zone located near 657. The same broken support now turned into resistance can be tested again before the price moves down more. I expect Bitcoin Cash to test 595 and 570 initially as the price develops. However, it can also move lower on a larger time frame. I will update this chart again. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by KlejdiCuni
✴️ Alert! Bitcoin Cash Likely Starting Major CorrectionThis is a friendly, and hopefully timely, reminder to all my readers, followers and supporters — Bitcoin Cash is about to crash. Well, not crash but we are going to see a drop and this is likely headed toward MA200... Please join me while I read this chart. What do we have here? We are looking at the daily timeframe. Based on candlestick reading we can spot several signals right away. We have a shooting star, or close to one, on the 5th of April. We have multiple red sessions and today's candle is ultra-bearish. MA200 is sitting right now at 295 and this would be the main target mid-term. Remember that it can take months to hit the support target, months of accumulation, months of recovery and then some more before the same high prices before the correction show up again. It can take anywhere between 2-3 weeks to 4-8 months... It varies depending on the pair and market. This is a new move and it needs time to develop. Altcoins: Many can grow while others retrace. Each chart/pair needs to be considered separately. We are entering a market phase with lots of variations when it comes to the charts and price action. The reason for this is the market success, as it grows, many projects detach from the herd and start to produce their own cycles. New categories are created as well as new trading vehicles and this changes the whole dynamic. This is good, colorful and varied is good. Prepare for the drop. This is just a friendly reminder. Remember to do your own research and planning. This is not financial advice. Namaste.
Short
by AlanSantana
3
Bitcoin Cash crushing all resistanceHi everyone, Bitcoin Cash price increased on 100% on this week and has reached 475 - 530 resistance area. Bitcoin Cash didn't notice 380 - 420 resistance area but now this area might serve as support and BCH price can consolidate there before another pump. In case if BCH price continues to pump it can reach 700 resistance level and afterwards retrace to 475 - 530 area. If we look at the history usually BCH price doesn't pump for more than two straight weeks, so I guess that soon we can see some correction and probably consolidation before next pump. I don't expect BCH price dropping much lower than 380 price level unless there will be strong correction on Bitcoin. Please, do not forget to boost this idea & share it with your friends; thanks.
by Real_CryptoRoy
12