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BCHUSDT trade ideas

BCHUSDT 1W Where to sell Bitcoin Cash if the growth startsToday, we want to focus your attention on the global and maximum chart of the BCHUSDT trading pair In August 2017, it was "a very hot summer": the alt season was in full swing, and there was also a BTC fork, as a result of which Bitcoin holders received free BCH 1:1. The same manipulation took place after during the fork of Bitcoin Gold - another sad fork coin. After the fork, the BCHUSDT price soared to $4200-4400 on various exchanges. And then the success story of BCH disappeared. At the time when BTC during 2019-2021 was able to increase in price 20 times, the price of BCH could not even rise to half of the ATH indicator. On November 15, 2018, the Bitcoin Cash blockchain was split (hard fork) into two branches — BCHABC and BCHSV. There is also a lot of controversial information surrounding one of the biggest supporters and the organizer of the BCH fork - Roger Ver In a word, we bypass such projects and do not trade it. Now, about the chart The 13th week of red candles and an uncorrected fall in the BCH price continues. There is not much left to the absolute price minimum, in the area of ​​$75. We cannot recommend the purchase of this asset. At the moment, there are many different interesting projects for investment If a miracle happens on the market and the price of BCHUSD does turn upwards , then on the graph we have shown where it would be good to sell off your BCH. Here, each individual has to look at his deposit where he bought BCH and where it is profitable for him to sell. Levels from above for sales: $250, $350, $550. The most positive and still weakly realistic forecast for the growth of the Bitcoin Cash price is $900 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
53
BCH/USDT bullish reversal from key support? 👀 🚀BCH analysis💎 Paradisers, brace yourselves for a thrilling trading expedition with #BCHUSDT, currently anchored at a critical support area, signaling a potential shift in market dynamics. 💎 Its breakout from a downward trendline heralds a promising path ahead for #BITCOINCASH, igniting a bullish momentum poised for an upward journey. Should this vigor continue, we anticipate challenging the $535.7 resistance zone as our forthcoming milestone. 💎 Should the momentum of SET:BCH show signs of diminishing, we're set to observe a robust recovery attempt from the crucial support mark at $229. However, slipping past this vital line may denote the start of a more decisive bearish phase, emphasizing the need for vigilance in the evolving market landscape.
Long
by MyCryptoParadise_Simon
1
BCH: Resistance BreakoutTrade setup : Bullish break above $500 resistance signals continuation of uptrend, with +20% potential upside to $600 next. The $500 level was where price got rejected in early March, hence, that’s a key level. Stop Loss (SL) level at $460. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $400, then $300. The nearest Resistance Zone is $500, which it broke, then $600.
Long
by altFINS
Bitcoin Cash Surges in March, Eyes $750 But Faces ResistanceBitcoin Cash (BCH) has been on a tear this month, rallying from $231 in February to currently trading at $542. This impressive surge of over 130% has positioned BCH at a critical juncture. The current resistance point for BCH sits at $542 . If bulls can muster the strength to push through this barrier, analysts predict a potential surge towards $750 or even $815. However, a failure to breach the $542 resistance could trigger a pullback, potentially bringing BCH back down to the $400 support level . This scenario would indicate a short-term correction before another attempt to break through the resistance.
by Z4F4R
BCH: Bullish PennantTrade setup : Bullish breakout from a Bullish Pennant pattern, in the direction of the existing Uptrend. Price could revisit $500 for +10% upside potential or higher. Stop Loss (SL) level at $415. Pattern : Bullish Pennant - forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $400 (previous resistance), then $300. The nearest Resistance Zone is $500, then $650.
Long
by altFINS