BCHUSD should continue upwards It has formed a strange structure with two shoulders on each side and a head. Resembling a inverted H&S pattern. Great real world application coin. Bullish
◉ Preferred count ● COINBASE:BCHUSD ,🕐TF: 1D 🔮Forecast from 01/24/2022; Fig.1 ● COINBASE:BCHUSD ,🕐TF: 1D 🔮 Forecast from 06/21/2023; Fig.2 ● COINBASE:BCHUSD ,🕐TF: 1D 🔮 Forecast from 03/05/2024; Fig.3 The assumption that the primary wave ④ could take the form of a large triangle was put forward as early as May 2021 . Inside the triangle,...
The BINANCE:BCHUSD.P is moving within a parallel channel on the chart. I have marked my target on the graph. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
The graph is logarithmic.Time frame is 3 days. Secondary trend. The wedge is in the final phase of its formation. The price is in its band near the support area of 96. Local double bottom 72% may be formed inside the wedge. Its confirmation and embodiment will bring the price closer to the wedge resistance breakthrough (red line). The price is near the area of...
Bitcoin Cash ( CRYPTOCAP:BCH ) has witnessed a remarkable surge in value and mining power, signaling a resurgence in interest and confidence within the cryptocurrency community. Despite originating from the same roots as Bitcoin (BTC), BCH has carved its own path, fueled by debates over block size and scalability. Let's delve into the recent developments...
Now thru April (possibly May!) my price targets are red. Blue dashes paint the long term trend. We're priced in for 10 years right now. That's going to create volatility between 60k and 45k in the near term. Long term, I expect a pullback to $3900. We've had momentum support (broadening rays) without horizontal support since the first market. Pretty common for...
This trade activates at $298 with a stop probably around $255 Most people eat the garbage idea that bitcoin is decentralized, while ignoring or not knowing, that it is a dictatorship by ''Bitcoin Core group''. No currency is truly decentralized in the decision-making of its design. Be safe.
In a surprising turn of event, Bitcoin Cash ( CRYPTOCAP:BCH ) soared 40%, driven by anticipation for its halving event and the implementation of an adaptive block size limit algorithm, signaling strong investor confidence and a bullish outlook for the cryptocurrency. Significant Price Rally as Halving Approaches Over the week, Bitcoin Cash ( CRYPTOCAP:BCH )...
💎BCH has recently demonstrated significant market dynamics, currently facing a key resistance area. 💎 A successful breakout above this resistance could lead to a significant upward movement, probability reaching our target area. 💎 However, if BCH fails to break this key resistance level, it may face rejection and retreat towards the demand area around $289....
💎 BCH has recently exhibited significant market dynamics. Currently, BCH is in the process of climbing upward and is testing the resistance trendline of the ascending channel, which probability coincides with the Bearish OB and supply zone. 💎 If BCH fails to break above this resistance, the price may retreat to the support trendline area. Historically, BCH has...
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Trading is slower recently with less than usual decent trade setups. But this looks like a good setup. With VRVP supporting current price with high volume and this coinciding with the bottom of a larger up-trending channel entry here is nearly as good as we can expect. Additionally, our daily RSI is in a fair range. We do have some resistance to get through. 237...
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...
Another week and another free sharing from the TTR most recent #cryptocoin pick update: Bitcoin Cash is another quite undervalued token. The breakout level sits at 329.50 followed by a main breakout zone resistance at $400-410 I don’t own much of this coin, only 20, but I see great potential here if 1450 is broken to the upside. A test of the 1400-1450 zone will...
BCH has the tightest Bollinger bands on the daily and weekly, what do we know from Bollinger bands? we know that volatility comes at expansion. Does it expand up or down? According to it's history, the direction is up however we remain cautions and react at given levels.
Trade 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...
According to the reviews we have had on the chart, we have determined the high and low liquidity pools. The liquidity pools of the upper area have been swept and candles have hit SUPPLY. Now there are two TPs ahead of the price. We have liquidity pools in the lower areas. To achieve TP 2, it is necessary to break the range of TP 1. TP 2 range is a suitable...
before 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...