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BCHUSDT trade ideas

BCH is going up regardless BTC. Another 100% profit.BCH is strong and is rising, while BTC is currently down. Why is that? If we take a look at the price action, we can see that it very much differs from the BTC price action in many ways. We have had a range that broke up, and the price is currently almost at the previous major swing high from June 2023. My Elliott Wave count suggests that we should see a huge pump soon. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! I am not a huge fan of BCH, but there are some facts. Why BCH? Bitcoin Cash was considered by some supporters to be the legitimate continuation of Satoshi Nakamoto’s vision of Bitcoin as a peer-to-peer electronic cash. All Bitcoin holders at the time of the fork (block 478,558) automatically became owners of Bitcoin Cash. From a technical perspective, Bitcoin Cash is similar to the Bitcoin algorithm. Namely: both projects have a hard cap of 21 million coins and also use Proof-of-Work (PoW) consensus framework and nodes to verify transactions. Unlike Bitcoin (BTC), Bitcoin Cash aims to scale to meet the demands of a global payment system. At the time of the split, the Bitcoin Cash block size was increased from 1MB to 8MB. An increased block size means Bitcoin Cash can now handle significantly more transactions per second (TPS) while keeping fees extremely low, solving the issues of payment delays and high fees experienced by some users on the Bitcoin BTC network. As of 2023, Bitcoin Cash has a block size of 32MB, compared to Bitcoin’s block size of 1MB. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
4
🚧BCHUSDT will Go Up Again🚧 Road Map(4-H)🗺️!!!➡️ Due to the ascending structure of the chart - High potential areas are clear in the chart - You can look for reasons to enter according to your own personal strategy after approval. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
BCH: Sideways ChannelTrade setup : Trends are mixed. Trading in a Sideways Channel ($215 - $260). Swing Traders: can trade the channel: enter near $215 support, with +20% upside potential back to $260 channel resistance. Pattern : Price is trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range – Buy near Support and Sell near Resistance. Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $200 (previous resistance), then $140 - $150. The nearest Resistance Zone is $260, then $330.
Long
by altFINS
it's time to going up for BCHUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want, closed the position but our target is the third one) *Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management* ************************************************* if you want to enter in this position: Enter Price: Target1: 259.98 Target2: 264.51 Target3(Final Target): 268.14 Stoploss: 251.35 ************************************************* Guy's if this idea was useful and it was intresting for you please follow for more please do comment and like my idea If you like my idea show me in comment section doing and living in the best quality thanks of all of you dear's ;)
Long
by MakingMoney444
BCH: Pullback in UptrendBitcoin Cash (BCH) technical analysis: Trade setup : Price is in an uptrend. Following a bullish breakout from Sideways Channel ($218 – $260), above $260 resistance, price rallied 20% to $300, then pulled back to retest that breakout level. Now we wait for price to either 1) break back above $260 to signal continuation of uptrend, with +27% upside potential to $330, or 2) pull back near $200-220 support zone for another swing trade entry in Uptrend with +20% upside potential back to $260. 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 ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $200 (previous resistance), then $140 – $150. The nearest Resistance Zone is $260, then $330.
Long
by altFINS
BCH @ $251 - Do You Think Its A Good Buy?When i looked at it i doubted if its a good buy. BCH- stands for Bitcoin Cash BINANCE:BCHUSDT Take a look at the chart and tell me what you think. According to the CCI 8 - the price action is @ -33.74 This is a good buy indication for channel trading. Here is what i see when i look at the chart. To learn more rocket boost this content. **Disclaimer:** The information provided above is for educational and informational purposes only. -- It does not constitute financial advice, and trading always involves -- a risk of substantial losses, regardless of the margin levels -- used. Before engaging in any trading activities, it is crucial to -- conduct thorough research, consider your financial situation, -- and, if necessary, consult with a qualified financial advisor. Past -- performance is not indicative of future results, and market -- conditions can change rapidly. Trading decisions should be made -- based on careful analysis and consideration of individual -- circumstances. The user is solely responsible for any decisions made -- and should be aware of the inherent risks associated with trading in -- financial markets.
Long
by lubosi
Bitcoin Cash still can riseHi everyone, Bitcoin Cash is trading within a narrow price range between 220 and 265. The price is consolidating at the moment and this is good sign for the bulls because at any time it can start pumping. Also, note that, BCH is trading within rising channel and its price currently on the lower bound of the channel. All this indicating that price more likely will go up than down. Bitcoin Cash looks bullish but traders should be careful at this point since if there will be strong price correction on Bitcoin then BCH price might follow and drop at least up to 200 price level. Otherwise there is good chance that BCH might rise at least up to 265 resistance. Please, do not forget to boost this idea & share it with your friends; thanks.
by Real_CryptoRoy
9