#BCH
We have a strong ascending symmetrical triangle and inside it another ascending triangle that has been positively broken upwards.
Currently the upper boundary of the triangle has been broken.
Expected growth of the pair with correction before completing the ascent
Price Now 248.50
First Goal 278.40
Second Goal 325.90
We have oversold on MACD.
And a strong...
Bitcoin Cash is showing signs of an upward movement as it follows an uptrend line, hinting at a possible increase in its value shortly. For traders, it's wise to monitor the situation and wait for a daily candlestick to close above this uptrend line before making any trading decisions.
If this occurs, BCH could potentially target the key resistance area near...
The strength of the bearers has been taken and the downtrend has weakened
A triggerline has been established and we have also had a bullish CH and orders have been received from the DEMAND zone.
Price is ready to move towards TP.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
💎 Paradisers, get ready for a promising trading opportunity with BCHUSDT. The asset is currently making significant moves in the demand zone, suggesting a potential shift towards an upward trend.
💎 BitcoinCash has been diligently following a descending channel. Its recent breakout from this channel suggests an upward move towards a resistance level, likely to be...
Bitcoin Cash (BCH) technical analysis:
Trade setup : Bearish breakout from a Rising Wedge pattern, could lead to a pullback to $200 support area (and 200-day moving average) in the near-term, which could be an attractive swing trade entry, with upside potential back to $250.
Pattern : Rising Wedge It usually forms after an uptrend and suggests a potential...
Bitcoin Cash (BCH) technical analysis:
Trade setup : Bearish breakout from a Rising Wedge pattern, could lead to a pullback to $200 support area (and 200-day moving average) in the near-term, which could be an attractive swing trade entry, with upside potential back to $250.
Patterns : Rising Wedge It usually forms after an uptrend and suggests a potential...
Currently Bitcoin Cash KRAKEN:BCHUSDT market is undergoing consolidation near the crucial support line of the triangle, setting the stage for potential movement in the coming days.
💜 If you appreciate our charts, support us with boost button 💜
Technical Insights:
Pattern Formation: The development of a large triangle formation suggests a period of...
◳◱ On the $BCH/ CRYPTOCAP:BTC chart, the Elliott Wave 12345 pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00647 | 0.00678 | 0.00728 and support near 0.00597 | 0.00578 | 0.00528. Entering trades at 0.00604 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Bitcoin Cash
▣ Rank: 21
▣ Exchanges:...
Bitcoin Cash began its bull run in mid-June following the pattern I had indicated in my previous analysis a year ago.
Long entry: 218 USD
Take profit: between 200 k / 1.2 million USD
This is my personal opinion and this is not a financial advice! Good trading!
📈 Trading Forecast: Bullish Outlook for BCH as Long Position Opportunity Emerges at $155 🚀
Based on my comprehensive mathematical analysis and the formation of a bullish cup pattern on the weekly chart, I have identified a prime opportunity to open a long position on BCH (Bitcoin Cash) at the $155 level. This level aligns with key support and shows strong...
BCH, has been consolidating at the 240ish range for a few days now. Price has been moving horizontally with thin volatility suggesting a firm support at the current levels.
It's currently at the 38.6 FIB level -- a first level support for buyers.
On Daily histogram (top indicator), it has recorded its first bottom-wave shift line after almost 7 weeks. Last one...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BCH has exhibited an overall bullish trend , trading inside the rising channel in red.
At present, BCH is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a demand zone in blue.
🏹 Thus, the...
BINANCE:BCHUSDT Short idea
i think short program started and first victim is BCH
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment
The pattern on Bitcoin is really similar to Ethereum, which I outline in a recent call:
Ethereum - A Sucker's Rally Before The Bitter Winter
The difference between Bitcoin and Ethereum is ETH has more than 50% upside available to hit its similarly-placed goalposts, while BTC is just another ~30%.
Fundamentally, the problem for crypto bulls is that the 2021...
Whoever is shorting crypto right now probably has a death wish. And this isn't because there's going to be some new paradigm replacement of the USD or because institutions finally see the value of digital currency BECAUSE BLACKROCK ETF.
It's because Bitcoin, Ethereum, and all the other chains are going to zero, because they're in the way of the advent of Central...
BCH is not having a great week compared to other coins
Weekly OBV is moving in a tight channel. Have to see if it holds and bounces on next touch of the lower trend line.
If it breaks might have to 220s
Sometimes you just have to stop everything you're doing and admire a nice trendline. These market makers are having fun.
When will the trend break? Let me know in the comments below.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate...
