$BCHGmonthly bearish fvg supported by ob filled
send it lower to fill the remaining htf gap
then send it to new highs for generational wealth
BCHG trade ideas
BCHG Looks Good For A Run To $50 At LeastBCHG has broken through all the resistance levels. Next one is around $24.50 and if it can get through that then I see a straight shot to $43 and then $55. At those levels I would expect a decent pullback perhaps up to 50% before its attempt to break the high. BCHG is much further along than LTCN in its run. LTCN still has a long ways to go to reach the level that BCHG is at. So upside on BCHG is limited in the short term perhaps another 100% vs LTCN could do a 1000% move to reach the same level as BCHG as far as nav value to price. Keep an eye on news and developements surrounding the space and specifically securities and SEC stuff. The Proof Of Work coins are about to make a comeback. I think Litecoin will far outperform Bitcoin Cash but Bitcoin Cash will have a decent run as well. Good luck out there my friends. Ill update this chart throughout the cycle. Please like and follow me and this idea so you can be notified when i update it. Thank you and please know that none of this is financial advice its just my opinion and observations. Good luck my friends.
BCHG + LTCN Bitcoin Cash & Litecoin Grayscale Trusts Hello everyone. BCHG and LTCN are moving almost in sync. I believe both of these trusts have the potential to surpass their all time high. BCH and LTC are both considered non securities and are two of only 4 cryptos total that the USA is allowing USA institutional and accredited investors to be able to purchase and invest in. I believe because there are so few to pick from that the majority of the money from these large players is going to flood into these few.
The gains could possibibly be better with the LTCN trust because BCHG has made a larger percentage move from its lows to current. So the gains could be double with LTCN than BCHG but both will have significant gains.
What many people dont realize is that for a mega multi millionaire or billionaire, and billion dollar companies to invest in these cryptos there needs to be clear rules from the USA government or they simply cannot risk investing billions of dollars into a gray market. Also there needs to be insurance and a custody option which has been in the works for a few years now and is complete. The past bull runs was just the small player, little guys, retail. This next bull run will be the big money. So what Im getting at is dont ignore what the USA is doing and what is allowed. USA has the deepest pockets in the world and what USA does the rest of the world eventually follows. So if the USA CFTC and SEC say Bitcoin, Ethereum, Litecoin, and Bitcoin Cash are the four crypto currencies that are considered non securities then that should be enough for anyone with eyes to see where the most money will be made in this next run.
Right now its just meme and shlt coin season and the spotlight is on them. Once these four OG cryptos above start appreciating significantly and rapidly, watch how fast the spotlight flips and the fomo kicks in. Also I see a lot of hate for LTC on youtube, forums, even on here. Its an indicator, for me at least, that Litecoin has passed the depression stage and is about to take off. Many many people got burned in Litecoin in the past and have a distaste for it so they will slam Litecoin any chance they get. I dont let the FUD bother me or move me out of position.
This is not financial advice this is just my opinion. Thank you
200-500 Moving ChannelHolding the 200 SMA. Looking for at least a pop to the mid-point in the coming few weeks. Double daily close below the recent consolidation is stop i.e. below 0.60. Break of 0.90 on volume could be considered as a trigger.
Will stock BCHG wake up when crypto BCH retraces to 0.382 fib?The last time there was a divergence between crypto BCH and stock BCHG, BCHG woke up when BCH retraced to 0.382 fibonacci. Let's see what happens this time. A divergence has definitely formed between BCH and BCHG. Get ready to print money!
(BCHG)-Bullish Divergence We have seen the price come all the way back to the October 2020 lows, but there is some good news. The RSI actually went lower but the price didn't. This means we have had more price pressure but majority of the pressure came from buying. The last two weekly candles shows over 6 million in positive volume. This is not the only thing that I see.
If we use the Fib levels we actually see a pattern start to take place. I have mapped out the previous pattern accordingly. We are dealing with smart intuitional money that will try some pretty hard shake outs. Be patient and take profits based on your own needs in life.
I leave you, my friends, in the love and the light of
the one infinite Creator.
$BCHG bottomed. Send it back to $31Looks like we've bottomed on $BCHG with a strong move down on high volume. Looking for 5x - 6x upside from here.
My entry was at $5.38 and looking for $31.44 as the target of the move. Let's see how it plays out over the coming months. My guess is we hit the target before October.
Grayscale Bitcoin Cash, obvious dump then pumpI know, the much maligned Bitcoin Cash... But what a great example of manipulation.
If you are not risk adverse, possible opportunity. Not at all financial advise.
BCHG 33$ has to hold Notice that BCHUSD is actually showing a top pattern on the 5 Day chart, even though it could go even much higher from here. But people are taking profit mainly based on the 5 Day peaking at this point.
33$, lets see if it holds and bounces first.
Would you trade this Bullish divergence on BCHG?As illustrated on the chart...there is a bullish divergence between price and StocRSI. However the price is below 200 EMA..aggressive traders might want to initiate a position at this point..
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
GBCHBought the dip Thursday and Friday, to suckers who sold, sucks
to the wieners, see u at 96$ by EOW
Grayscale BCHThese are my thoughts on ETHE. They are meant to give you an idea, not trading advice.
Can Grayscale BCH do what Grayscale LTC did ? I wonder....
Please be careful, as the market never gives you certainties, only probabilities!
ALWAYS REMEMBER THIS WHEN YOU TRADE
Worth a shot for short term gain on BTC strengthDouble triangle, nice base now that silliness of baby fund seems to have worked it's way out.
